I am buying a garden flat in Forest Hill. How practical is it for me to do the conveyancing?
Leaving aside the complexities and merits of DIY conveyancing in Forest Hill you will have to appoint a solicitor on your lender's conveyancing panel to look after their interests. Most people therefore find it easier to let the solicitor act for them and the lender. Furthermore there is minimal cost savings to be made in you doing conveyancing for yourself and another lawyer conducting the conveyancing for the lender. Please feel free to use the search tool to find a lawyer on your lender panel in Forest Hill.
My wife and I have a semi-detached Victorian property in Forest Hill. Conveyancing solicitor represented me and Chelsea Building Society. I did a free Land Registry search last week and there are two entries: one for freehold, another for leasehold with the matching property. Is it worth asking Chelsea Building Society to clarify?
You need to review the Freehold register you have again and check the Charges Register as there may be mention of a lease. The best way to be sure that you are also the registered proprietor of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Forest Hill and other locations in the country and poses no real issues for owners other than when they sell they have to account for both freehold and leasehold interests when dealing with lenders. You can also question the position with your conveyancing lawyer who conducted the purchase.
How does conveyancing in Forest Hill differ for new build properties?
Most buyers of new build or newly converted property in Forest Hill approach us having been asked by the housebuilder to exchange contracts and commit to the purchase even before the property is built. This is because new home sellers in Forest Hill tend to buy the real estate, 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 Forest Hill or who has acted in the same development.
I've recently found out that there is a flying freehold element on a house I have offered on two weeks back in what was supposed to be a quick, no chain conveyancing. Forest Hill is where the house is located. Is there any guidance you can impart?
Flying freeholds in Forest Hill are rare but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Forest Hill you would need to get your solicitor to go through the deeds thoroughly. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Forest Hill may decide that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold property.
I am using a search engine for the phrase cheap conveyancing in Forest Hill it shows results of numerous solicitorslocally. How do I determine which is the right property lawyer for the sale of my house?
The preferential way of choosing a suitable conveyancer is via trusted recommendation, so enquire of friends and family who have bought a property in Forest Hill or a local estate agent or financial adviser. Charges for conveyancing in Forest Hill vary, so it's a good idea to secure a minimum of three costs illustrations from varying types of law firms. Dont forget to clarify that the fees are fixed.