Is there a search tool that I can utilise to find out if the solicitor handling my conveyancing in Lewisham is on the lender’sconveyancing panel? I am looking to avoid the situation of having one lawyer for me and one for Clydesdale thus paying £192.00 in another set of conveyancing invoice.
Feel free to take advantage of the search tool on this web page. Pick the mortgage company and type ‘Lewisham’ or your preferred area and you will be presented with numerous conveyancers located in Lewisham or nearest you.
What is the difference between a licensed conveyancer and conveyancing solicitor in Lewisham
There are many recorded licenced Conveyancers in Lewisham and Solicitor firms in Lewisham who provide Conveyancing services It is important to make clear that both are regulated professionals specialising in the legal aspects of the home buying process. They may both also conduct associated property related work such as remortgage conveyancing, lease extensions and transfer of equity conveyancing.
I can not work out if my bank obliges me to make sure the lease term for the flat is extended prior to the completion date. I have called into my local Lewisham building society branch on numerous occasions and was told it wasn't an issue and they will lend. My Lewisham conveyancing solicitor - who is on the lender conveyancing panel- called to say that they refuse to lend based on their specific requirements. Who do I believe?
Provided that the property lawyer is on the bank panel, she or he must comply with the CML Handbook requirements for the bank. Unless your lawyer obtains specific confirmation in writing that the lender will go ahead, your lawyer has no choice but to refrain from exchanging contract and committing you to the purchase. We would suggest that you ask the mortgage company to contact your lawyer in writing confirming that they will accept the number of years left on the lease.
Intending to buy a apartment in Lewisham. I have received an online quote from a licenced conveyancer, which states: "There will be no charge for dealing with the Lender if you are obtaining a mortgage". I take this to mean that there will be no additional fee if the solicitor is on the Barclays conveyancing panel. I wanted to make sure it means there will be no additional fees for dealing with the mortgage.
They are simply saying that the cost for acting for the lender is included in the fee being quoted. It is worth you checking that the Lewisham solicitor is on the Barclays conveyancing panel.
It has been four months since my purchase conveyancing in Lewisham completed. I have checked the Land Registry site which shows that I paid £175,000 when infact I paid £215,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the asset from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
Due to the guidance of my in-laws I had a survey completed on a house in Lewisham prior to retaining conveyancers. I have been informed that there is a flying freehold aspect to the house. The surveyor has said that some banks will refuse to give a loan on this type of home.
It varies from the lender to lender. Bank of Scotland has different instructions from Nationwide. If you call us we can look into this further via the relevant lender. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Lewisham. Conveyancing may be slightly more expensive based on your lender's requirements.
What does commercial conveyancing in Lewisham cover?
Lewisham conveyancing for business premises covers a broad range of services, supplied by regulated solicitors, relating to business property. By way of example, this type of conveyancing can cover the sale or purchase of freehold business premises or, more usually, the assignment of existing business tenancies or the drafting of new leasing arrangements. Commercial conveyancing solicitors can also offer advice on the sale of business assets, commercial mortgages and the termination of leases.