I decided to go with a local lawyer for my conveyancing in Peckham today. Reviewing the fine print I noteI am on the hook for fees even if the dealdoes not go ahead. Would I be best advised to appoint a web based lawyer promoting no-sale-no-fee conveyancing in Peckham?
It is usually a trade off in that if "No Completion No Fee" is offered then the conveyancing charges will generally be higher to neutralise those cases that do not go ahead. Please beware that such deals rarely cover disbursements for instance Peckham conveyancing search charges.
When it comes to mortgage companies such as Aldermore, do Peckham conveyancers incur a fee to be on the list of approved solicitors?
We are not aware of any mortgage company fees to register on their panel, although some do charge an administration fee to deal with the processing of the conveyancing panel application.
I recently had an offer agreed on an apartment in Peckham. My financial adviser pressured me to appoint their conveyancing practitioner. I paid an upfront payment of £200. Soon after, the solicitor contacted me embarrassingly acknowledging that they were not on the Principality conveyancing panel. Am I right in thinking that I should be due a refund?
You should be able to recover this from the law firm if they were not on the Principality panel. They should have asked at the outset which lender you were obtaining a mortgage with. An important lesson to readers of this site is to check that the lawyers are on the appropriate lender panel.
I am due to exchange contracts on my house. I had a double glazing fitted in March 2006, but did not receive a FENSA certificate or Building Regulation Certificate. My buyer's mortgage company, UBS are being pedantic. The Peckham solicitor who is on the UBS conveyancing panel is recommending indemnity insurance as a solution but UBS are requiring a building regulation certificate. Why do UBS have a conveyancing panel if they don't accept advice from them?
It is probably the case that UBS have referred the matter to their valuer. The reason why UBS 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.
My wife and I own a terraced Georgian property in Peckham. Conveyancing lawyer acted for me and Lloyds TSB Bank. I did a free Land Registry search last week and I saw two entries: one for freehold, another for leasehold with the exact same address. If a house is not a freehold shouldn't I have been informed?
You need to read the Freehold register you have again and check the Charges Register for mention of a lease. The best way to be sure that you are also the registered proprietor of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Peckham and other locations in the country and poses no real issues for owners other than when they buy they have to account for both freehold and leasehold interests when dealing with buyers. You can also enquire as to the situation with your conveyancing lawyer who conducted the conveyancing.
I decided to have a survey done on a property in Peckham before instructing lawyers. I have been informed that there is a flying freehold element to the property. Our surveyor has said that some banks may not give a mortgage on this type of premises.
It depends who your proposed lender is. Lloyds has different requirements for example to Birmingham Midshires. If you call us we can look into this further with the relevant bank. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Peckham. Conveyancing will be smoother if you use a solicitor in Peckham especially if they are acquainted with such properties in Peckham.
I need to find a conveyancing solicitor for remortgage conveyancing in Peckham. I have land on a site which appears to be the perfect solution If there is a chance to get all this stuff completed via email that would be preferable. Do I need to be wary? What should out be looking out for?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?