We were about to choose a conveyancing solicitor in New Eltham endorsed on your site but have come across alternative estimates via the web look less expensive – why is this?
You can find plenty of conveyancers advertising what appear to be very low prices. We suggest that you think twice as to how much you respect your own move to want to be penny wise pound foolish with regard to the standard of the legal work. Many of them accentuate a bargain quote to catch your eye but hide supplemental costs in the fine print..
Is there a reason why leasehold purchase conveyancing in New Eltham costs more?
The conveyancing fees on a leasehold premises in New Eltham is inevitably more expensive when contrasted to a freehold property. This is because there is an amount of extra investigations necessary in corresponding with the landlord and management company to obtain information concerning whether the rent and service fee have been paid and whether there are any significant expenditure in the near future on repairs or maintenance of the building.
My partner and I are planning on selling our home in New Eltham and the buyers lawyers are claiming that there is a possibility that the property was constructed on contaminated land. A high street New Eltham conveyancer would know this is not the case. It does beg the question why the purchasers are using an online conveyancing outfit rather than a conveyancing solicitor in New Eltham. We have lived in New Eltham for six years we know of no issue. Should we contact our local Authority to get confirmation that the buyers are looking for.
It sounds as though you may have a conveyancing firm currently acting for you. Are they able to advise? You must enquire of your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out life insurance to cover that same ailment)
How does conveyancing in New Eltham differ for newly converted properties?
Most buyers of new build premises in New Eltham come to us having been asked by the housebuilder to exchange contracts and commit to the purchase even before the house is constructed. This is because builders in New Eltham typically buy the land, 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 conveyancing solicitors 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 New Eltham or who has acted in the same development.
I'm remortgaging my current house to a BTL mortgage with Barclays Direct and intend to use the remaining equity towards further property. The location we are interested in is New Eltham. Will your lawyers be able to act for the two lenders and link together the transactions?
Do use our search tool on this page to be sure that the lawyers are approved by both banks. Assuming that they are your conveyancer will be able to simultaneously deal with the two conveyancing matters but you should talk with you lawyer and make clear your desired outcome and requirements.