There are plenty of conveyancing solicitors in Greenwich but how do I know who's good?
Do not opt for the cheapest Greenwich conveyancing quote. You really do get what you’re paying for when it comes to conveyancing solicitors. A cheap quote may mean that the conveyancing solicitor is handling a lot of jobs at one time and you won’t get the quality of service and the attention that you need. It is, however, wise to use a conveyancer who has a fixed fee on a no sale, no fee basis. This way, you know exactly what you’ll have to pay in advance.
Can I be sure that the Greenwich conveyancing solicitor on the Principality panel is any good?
When it comes to conveyancing in Greenwich getting recommendations is a good starting point. 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 recommend that you speak with the solicitor conducting your conveyancing.
I am currently in the process of buying my council flat in Greenwich. I have a mortgage offer with Nationwide. Conveyancing is not something I have any knowledge of. Can I proceed without a solicitor easily? I think we can but we keep being told I should use one. Any advice?
It is not advisable to proceed with a house purchase without a solicitor. The council's solicitor are not acting for you. You need a solicitor for a number reasons. One of which is to verify what plans the Council have for repairs and refurbishment for the next five years. Many leaseholders have been stung for contributions of thousands of pounds. In any event, if you are getting a mortgage with Nationwide, you will need to appoint a solicitor on the Nationwide conveyancing panel.
My relative recommended that where I am buying in Greenwich I should carry out a Neighbourhood, Planning and Local Amenity Search. Can you explain what the purpose of this search is?
This is a search is usually quoted for as part of the standard Greenwich conveyancing searches. It is a large report of about 40 pages, listing and detailing important information about Greenwich around the property and the people living there. It includes an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the local Housing Market, Council Tax Banding, the demographics of People living in the area, the dominant type of Housing, the Average Property Price, Crime details, Greenwich Education with plans and statistics, Local Amenities and other useful information about Greenwich.
How does conveyancing in Greenwich differ for new build properties?
Most buyers of new build or newly converted property in Greenwich come to us having been asked by the developer to sign contracts and commit to the purchase even before the property is ready to move into. This is because new home sellers in Greenwich tend to acquire 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 accustomed to new build conveyancing in Greenwich or who has acted in the same development.
I am looking for a ground for flat up to £235,500 and identified one round the corner in Greenwich I like with a park and transport links in the vicinity, the downside is that it only has 49 years on the lease. There is not much else in Greenwich in this price bracket, so just wondered if I would be making a grave error acquiring a lease with such few years left?
If you need a mortgage that many years will be an issue. Discount the offer by the expected lease extension will cost if not already taken into account. If the current proprietor has owned the property for at least 2 years you could request that they commence the lease extension formalities and then assign it to you. An additional ninety years can be extended on to the existing lease term and have £0 ground rent by law. You should speak to your conveyancing lawyer regarding this matter.
Our lenders have just issued us with a mortgage offer. We appointed a local conveyancer in Greenwich two days ago. Today, our mortgage adviser called to say that the lender said that we cannot use our solicitor as they aren't on their panel. As FTB's, we did not have a clue that the mortgage company had a say Is this allowed?
You are permitted to choose any conveyancing solicitor you prefer to choose for your conveyancing in Greenwich however if they are not on the your bank's panel you would have to pay an extra fee so your bank can instruct their own lawyers. On occasion it is conceivable that your preferred conveyancing firm to get added to the mortgage company panel. You can use online search facilities including lenderpanel.com to find a conveyancing solcitor in Greenwich on the mortgage company panel. You can go into your local lender branch in Greenwich. They can recommend conveyancing solicitors in Greenwich on the panel for your bank.