As someone unfamiliar with the Lewisham conveyancing process what’s the number one tip you can impart for the legal transfer of property in Lewisham
Not many law firms shout this from the rooftops but conveyancing in Lewisham or throughout South East London is an adversarial process. Put another way, when it comes to conveyancing there is plenty of room for conflict between you and other parties involved in the ownership transfer. For example, the seller, selling agent and on occasion a lender. Selecting a lawyer for your conveyancing in Lewisham an important selection as your conveyancer is your adviser, and is the SOLE party in the legal process whose interest is to act in your best interests and to keep you safe.
Sometimes a third party with a vested interest may attempt to convince you that you should follow their advice. For instance, the estate agent may claim to be assisting by claiming that your lawyer is slow. Or your mortgage broker may tell you to do something that is contrary to your solicitors guidance. You should always trust your lawyer above all other parties when it comes to the legal transfer of property.
Have just purchased a probate house at auction in Lewisham. Conveyancing is required. What happens now?
Now that you have exchanged you will need to retain a conveyancing lawyer quickly as you are faced with a pending deadline in which to complete the conveyancing. All auction property will ordinarily have a corresponding auction pack. This will likely include the copy title deeds, local authority and drainage searches. Where you are dealing with leasehold property the auction pack should contain a copy of the lease, management information and a sellers leasehold information form and other conveyancing paperwork relating to leasehold premises. You should pass this on to your appointed conveyancing solicitor ASAP. Do make sure that that you have the requisite funding organised to complete the transaction on the set completion date.
We are getting the release of further monies on our mortgage from Lloyds as we want to conduct improvements to our house in Lewisham. Are we obliged to select a high street Lewisham solicitor on the Lloyds conveyancing panel to deal with the legals?
Lloyds don't usually appoint a member of their conveyancing panel to deal with the formalities. If they do require any legal work then you would need to ensure that such a lawyer was on the Lloyds list.
The mortgage over my property is with Nationwide for my property in Lewisham. Conveyancing has been completed a year ago. In the event that I decide 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?
Nationwide must be informed of your intention prior to letting out your property as this is likely to be a breach of Nationwide’s mortgage conditions. It may be that Nationwide will allow you to rent 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. You need not do this via a Nationwide conveyancing panel solicitor.
Is it necessary to pay for insurance to cover chancel repairs when acquiring a house in Lewisham?
Unless a prior purchase of the house completed post 12 October 2013 you may assume that solicitors delivering conveyancing in Lewisham to continue to recommend a chancel search and or insurance against a claim.
Just had an offer accepted on a new build apartment in Lewisham. Conveyancing is daunting at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build conveyancing.
Here are examples of a few leasehold new build enquiries that you should expect your new-build leasehold conveyancing in Lewisham
Please supply a car parking plan. There must be mutual enforceability of lessee’s covenants. If there are lifts in the building, please confirm that the owners of flats on the ground and basement floors will not be required to contribute towards the cost of maintenance and renewal. Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier? The Lease must contain a provision on behalf of the Vendor to pay the service charges in respect of unoccupied units in order to ensure that all services can be provided.
Is it simple use the search app to locate a conveyancing practitioner in Lewisham on the authorised to act for my mortgage?
1st choose a lender such as Birmingham Midshires, Norwich and Peterborough Building Society or Platform Home Loans Ltd then type in your location such as Lewisham. Conveyancing organisations in Lewisham and further afield should be identified.