My husband and I are acquiring a ground floor flat in Brockley. My Conveyancer is not listed on the lender approved panel. Is it possible for me to continue with my Brockley conveyancing solicitor even though they are not on the lender panel?
Your options include
- Proceed with your chosen Brockley property lawyer but your bank will need to appoint a property lawyer on their approved list. This will result in additional charges together with likely interruption.
- Choose a fresh conveyancer to conduct the conveyancing, ensuring that they are on the bank conveyancing panel.
- Appeal to your property lawyer to apply to join the bank panel
I am the registered owner of a freehold premises in Brockley but nevertheless pay rent, why is this and what is this?
It’s unusual for properties in Brockley and has limited impact for conveyancing in Brockley but some freehold properties in England (particularly common in North West England) pay an annual sum known as a Chief Rent or a Rentcharge to a third party who has no other legal interest in the land.
Rentcharge payments are usually between £2.00 and £5.00 per year. Rentcharges date back hundreds of years, but the Rent Charge Act 1977 barred the creation of fresh rentcharges from 1977 onwards.
Old rentcharges can now be extinguished by making a one off payment under the Act. Any rentcharges that are still in existence post 2037 is to be extinguished.
My father pointed out to me me that in buying a property in Brockley there could be various restrictions affecting the ability to carry out external alterations to the property. Is this right?
There are anumerous of properties in Brockley which have some sort of restriction or requirement of consent to execute external changes. Part of the conveyancing in Brockley should determine what restrictions are applicable and advising you as part of a ROT that should be sent to you.
Is there a list of Nottingham panel solicitors in Brockley on the Building Society Association’s Website?
No. There is no such directory service on the Council of Mortgage Lenders or Building Society Association websites. Very few banks make their panel listings visible over the internet. If you are seeking to appoint a Brockley conveyancer on the Nottingham please make the most of our facility.
How can we tell if a Brockley conveyancing solicitor on the UBS panel is any good?
When it comes to conveyancing in Brockley seeking recommendations is a good start. Before you go ahead, check if they offer a no sale no fee offer. Also, you often get what you pay for - a firm which quotes more, will often provide a better service than one which is cheap as chips. We would always advocate that you speak with the lawyer conducting your conveyancing.
I note that there are debates on Chancel Insurance on online forums. Do I require chancel insurance when purchasing a house in Brockley? or I am told that there is historic law that means some homeowners residing in a parish church boundary will be compelled to contribute towards maintenance towards the chancel within the church. Is this appropriate for conveyancing in Brockley?
Unless a previous acquisition of the property completed after 12 October 2013 you can take it that lawyers carrying out conveyancing in Brockley to continue to suggest a chancel search and or chancel repair liability policy.
How does conveyancing in Brockley differ for new build properties?
Most buyers of new build residence in Brockley approach us having been asked by the housebuilder to sign contracts and commit to the purchase even before the residence is ready to move into. This is because developers in Brockley usually buy the land, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are used to new build conveyancing in Brockley or who has acted in the same development.