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Find a Norbury Conveyancing Solictior on Your Lender’s Panel

Ready to buy a new home in Norbury? Failing to check that a lawyer is on your lender’s list of approved solicitors can put your Norbury home move at risk of delay or failure.

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Recently asked questions about conveyancing in Norbury

Would the conveyancing solicitors via your comparison service handle attended exchange conveyancing in Norbury?

We do have a number of conveyancing specialists carrying out 24hr exchanges. Do e-mail us to receive a costs illustration and details as to availability.

My aunt informed me that in buying a property in Norbury there may be a number of restrictions limiting what one can do in terms of external changes to the property. Is this right?

We are aware of a number of properties in Norbury which have some sort of restriction or requirement of consent to carry out external variations. Part of the conveyancing in Norbury should determine what restrictions are applicable and advising you as part of a ROT that should be sent to you.

I'm the only recipient of my late grandmother’s estate with all property in now in my sole name, including the house in Norbury. The Norbury property was put into my name in June. I plan to dispose of the property. I do know about the Mortgage Lenders six month 'rule', which means that my proprietorship will be regarded the same way as though I had purchased the house in June. Is the property unsalable for six months?

The Council of Mortgage Lenders’ handbook obliges conveyancers to: "report to us immediately if the owner or registered proprietor has been registered for less than six months." Technically you may be caught by that. How practical a view banks take of it, depend on the lender as this requirement primarily exists to capture the purchase and immediately sell or the flipping of properties.

I am selling my flat. I had a double glazing fitted in August 2010, but did not receive a FENSA certificate or Building Regulation Certificate. My buyer's mortgage company, Leeds Building Society are being difficult. The Norbury solicitor who is on the Leeds Building Society conveyancing panel is recommending indemnity insurance as a solution but Leeds Building Society are insisting on a building regulation certificate. Why do Leeds Building Society have a conveyancing panel if they don't accept advice from them?

It is probably the case that Leeds Building Society have referred the matter to their valuer. The reason why Leeds Building Society may not want to accept indemnity insurance is because it does not give them any reassurance that the double glazing was correctly and safely installed. The indemnity insurance merely protects against enforcement action which is very unlikely anyway.

How does conveyancing in Norbury differ for newly converted properties?

Most buyers of new build or newly converted property in Norbury come to us having been asked by the housebuilder to sign contracts and commit to the purchase even before the premises is ready to move into. This is because house builders in Norbury tend to 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 used to new build conveyancing in Norbury or who has acted in the same development.

I have been on the look out for a ground for flat up to £305k and found one round the corner in Norbury I like with amenity areas and station in the vicinity, the downside is that it only has 49 remaining years left on the lease. There is not much else in Norbury in this price bracket, so just wondered if I would be making a mistake buying a short lease?

If you need a home loan that many years may be a potential deal breaker. Discount the price by the anticipated lease extension will cost if not already taken into account. If the existing proprietor has owned the premises for a minimum of twenty four months you can ask them to commence the lease extension formalities and then assign it to you. You can add 90 years to the existing lease and have £0 ground rent by law. You should speak to your conveyancing solicitor concerning this matter.

In what way can the Landlord & Tenant Act 1954 impact my commercial offices in Norbury and how can your lawyers assist?

The 1954 Act gives security of tenure to commercial lessees, granting the right to make a request to court for a continuation of occupancy at the end of the lease term. There are limited grounds where a landlord can refrain from granting a lease renewal and the rules are complicated. Fees are different for commercial conveyancing. Norbury is one of our many areas of the UK in which the firms we work with have offices

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