Find a Otford Conveyancing Solictior on Your Lender’s Panel

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

Only LenderPanel.com provides a subset of authorised Otford conveyancers for over 130 lenders.

Recently asked questions about conveyancing in Otford

My wife and I are getting closer to an exchange on a flat in Otford and my mum and dad have sent the exchange deposit to my conveyancing practitioner. I am now told that as the deposit has not arrived from me my lawyer needs to make a notification to my mortgage company. I am advised that, in also acting for the bank he must inform them that the balance of the purchase price is coming from anyone other than me. I informed the mortgage company regarding my parents' contribution when I applied for the mortgage, so is it really appropriate for this now to delay the deal?

Your lawyer is obliged to clarify with lender to make sure that they are aware that the balance of the purchase price is not from your own funds. The solicitor can only reveal this to your mortgage company if you permit them to, failing which, your lawyer must cease to continue acting.

What will a local search inform me about the property I am purchasing in Otford?

Otford conveyancing often starts with the applying for local authority searches directly from your local Authority or through a personal search organisations such as PSG The local search plays an important role in many a Otford conveyancing purchase; as long as you wish to avoid any unpleasant once you have moved into your property. The search will supply information on, amongst other things, details on planning applications relevant to the premises (whether granted or refused), building control history, any enforcement action, restrictions on permitted development, nearby road schemes, contaminated land and radon gas; in all a total of thirteen subject areas.

Over the last few months I have been searching for a ground for flat up to £195,000 and found one close by in Otford I like with amenity areas and station in the vicinity, the downside is that it's only got 61 years unexpired on the lease. There is not much else in Otford for this price, so just wondered if I would be making a grave error acquiring a short lease?

If you need a home loan that many years will be problematic. Discount the offer by the amount the lease extension will cost if it has not already been discounted. If the existing proprietor has owned the premises for a minimum of 2 years you can request that they commence the lease extension formalities and then assign it to you. An additional ninety years can be extended on to the current lease and have £0 ground rent by law. You should consult your conveyancing lawyer about this.

I was advised by a few estate agents in Otford to choose a conveyancer using your seach tool. What’s the financial inducement for Estate Agents to offer your site rather than another?

We refuse to make any commission for directing people to this site. We thought it would be too underhand to pay a commission as a client could think, ‘How come the agent getting a kickback? Why aren’t I receiving any benefit too?’ We would prefer to grow our business on genuine recommendations.

I am using a search engine for the phrase on line conveyancing in Otford it reveals numerous conveyancersin the vicinity. With so much choice what is the best way to find the right solicitor for purchase transaction?

The preferential way of finding a suitable conveyancer is through a trusted referral, so seek the opinion of friends and those you trust who have acquired a property in Otford or the reputable estate agent or mortgage broker. Costs for conveyancing in Otford differ, so it's advisable to secure a minimum of four quotes from different property lawyers. Make sure that you clarify what costs in the quote includes.

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