My financial adviser has requested my Lewisham lawyer’ panel reference for the Nationwide conveyancing panel. Can you suggest how I discover this. I have called my local Lewisham branch but they cant find it on their system.
You are best placed to get this information from your Lewisham solicitor . Most Lewisham conveyancing firms will retain a file or database of lender panel information which would include, if applicable, their conveyancing panel details for each bank.
My nephew is about to exchange on a house that has just been built in Lewisham with a mortgage from Yorkshire BS. His solicitor has advised him of a delay in receiving the ‘Disclosure of Incentive Form’. What is this document - I have never come across this before?
The form is intended to provide information to the main parties engaged in the transaction. Therefore, it will be provided to your son’s lawyer who should be on the Yorkshire BS conveyancing panel as a standard part of the process, and to the valuer when asked. The developer will be required to start the process by downloading the form and completing it. The form will therefore need to be available for the valuer at the time of his or her site visit. The form should be sent to the Yorkshire BS conveyancing panel solicitor as early as possible, in order to avoid any last minute delays, and no later than at exchange of contracts.
What is the difference between a licensed conveyancer and conveyancing solicitor in Lewisham
There are two types of lawyers who can conduct conveyancing in Lewisham namely licenced conveyancers or solicitors. The two can provide conveyancing services that required to complete the sale or acquisition of property. Both are obliged to handle Lewisham conveyancing to the same standards and guidelines so you can be safe in the knowledge that your conveyancing will be professionally administered and that the requirements and procedures should be appropriately taken.
I am helping my step-mother sell her house in Lewisham. Does the solicitor order the EPC or do I organise this?
After the demise of Home Information Packs, EPC’s remained a compulsory component of selling a property. An energy performance certificate needs to be to hand before the property is placed on the market. It is not a task that lawyers ordinarily organise. Where you are using a Lewisham conveyancing practitioner they might help arrange energy performance certificates given their relationships with long established Lewisham energy assessors
I have a mortgage with Virgin Money for my property in Lewisham. Conveyancing has been completed months 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 buy-to-let mortgage or inform Virgin Money?
Virgin Money must be informed of your intention prior to letting out your property as this is likely to be a breach of Virgin Money’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 Virgin Money directly. You need not do this via a Virgin Money conveyancing panel firm.
I am using a search engine for the term cheap conveyancing in Lewisham it shows results of numerous property lawyersin the vicinity. How do I determine which is the suitable property lawyer for my move?
The best way of seeking the right conveyancer is via trusted testimonial, so ask friends and relatives who have acquired a property in Lewisham or the reputable estate agent or mortgage broker. Costs for conveyancing in Lewisham vary, so it's sensible to request at least four fee calculations from different law firms. Make sure that you know that the costs are assured not to to be inflated.
When it comes to my conveyancing in Lewisham should I be charged VAT on the following: (1) Land reg fee on purchase (2) Pre - completion search fee (3) SDLT E submission on purchase (4) Bank TT fee
(1) Land reg fee on purchase - No (2) Pre - completion search fees -No, (such conveyancing searches are HMLR ones and means £4 and possibly £2 bankruptcy per name on your mortgage) (3) SDLT E submission on your purchase - There is no VAT on Stamp Duty. However if the firm is charging a stamp duty e-submission fee as part of their services - some Lewisham conveyancers do - that will incur VAT(4) Bank transfer fee - Yes it is for the conveyancing practitioner's time in submitting the funds this way.