At long last a loan agreement from NatWest for the refinancing of my 2 room flat is coming by the end of next week. Could you put forward a cheap conveyancing practitioner in East Croydon?
You are on the wrong site if you are in need of cut-price fees for conveyancing solicitors in East Croydon. Our goal is to offer affordable conveyancing but our intention is not to work with the cheapest lawyers. Resist the temptation to appoint organisations teasing you with low cost conveyancing in East Croydon. Optimistically, in choosing a lawyer for cheap conveyancing, you will get your money’s worth and at worst it will result in you with a hefty uplift in extras and still not receive the service required.
I am helping my niece sell her flat in East Croydon. Will the conveyancer order the energy assessment or it is for me to see to?
After the demise of Home Information Packs, energy performance certificates was left as a compulsory component of moving property. An EPC needs to be to hand prior to the property being advertised. It is not as aspect of the sale process that solicitors ordinarily arrange. Where you are instructing a East Croydon conveyancing solicitor they may be willing to arrange EPC’s given their relationships with reputable East Croydon energy assessors
Please help - my lawyer says that lack of right of way insurance is required on my purchase. What is the level of cover for East Croydon conveyancing?
The right level of lack of right of way indemnity insurance depends on your lender. It would differ for example between Lloyds TSB Bank and Bank of Scotland. Conveyancing solicitors as opposed to borrowers take out such insurances.
I have a mortgage with Nationwide for my property in East Croydon. Conveyancing has been completed months ago. If I am intending to rent out my property and do not currently have a buy-to-let mortgage do I need to remortgage to a BTL mortgage or inform Nationwide?
You must advise Nationwide prior to letting out your property as this is likely to be a breach of Nationwide’s mortgage conditions. In many cases banks or building societies will permit you to let out your former home without needing to switch to a buy-to-let mortgage but some lenders will add a surcharge to your mortgage rate to reflect the higher risk. You should contact Nationwide directly. It should not be necessary to do this via a Nationwide conveyancing panel lawyer.
We are close to exchanging contracts on the sale of our house in East Croydon and the buyers lawyers are claiming that there is a risk of it being constructed land that was not decontaminated. Any high street East Croydon lawyer would know this is not the case. For the life of me I don't know why the buyers used an online conveyancing firm rather than a conveyancing solicitor in East Croydon. We have lived in East Croydon for many years we know of no issue. Is it a good idea to get in touch with our local Authority to seek confirmation need.
It sounds as though you may have a conveyancing solicitor currently acting for you. What do they say? You must enquire of your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out health insurance to cover that same ailment)
Are there restrictive covenants that are commonly picked up as part of conveyancing in East Croydon?
Covenants that are restrictive in nature can be picked up when reviewing land registry title as part of the legal transfer of property in East Croydon. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
I decided to have a survey carried out on a house in East Croydon ahead of instructing lawyers. I have been informed that there is a flying freehold aspect to the property. My surveyor advised that some banks may refuse to grant a mortgage on this type of premises.
It varies from the lender to lender. Santander has different instructions from Nationwide. If you e-mail us we can look into this further with the appropriate lender. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in East Croydon. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in East Croydon to see if the conveyancing costs will increase in light of this.