If you had a top tip for selecting a conveyancing solicitor in Peckham what would it be?
Do not opt for the cheapest Peckham conveyancing quote. You really do get what you’re paying for when it comes to conveyancing solicitors. A cheap quote may mean that the conveyancing solicitor is handling a lot of jobs at one time and you won’t get the quality of service and the attention that you need. It is, however, wise to use a conveyancer who has a fixed fee on a no sale, no fee basis. This way, you go into the conveyancing with your eyes wide open.
We had instructed solicitors located in Peckham on the UBS solicitor approved list. They have just invoiced me a further charge for handling the UBS mortgage. Is this a supplemental conveyancing fee set by UBS?
As unfair as it may seem, as long as it’s in their Terms of Engagement or Quote then yes your conveyancer may charge a fee for this. The charge is not set by UBS but by your Peckham lawyer. Some firms on the UBS panel will charge ’dealing with mortgage’ fee and others do not.
I have instructed a Peckham solicitor having made sure that they are on the Nottingham conveyancing panel. Does my lawyer arrange the survey of the property?
Nottingham will need an independent valuation of the property. Your lawyer will not arrange this. Usually Nottingham will appoint their own surveyor to do this, and you will have to pay for it. Remember that this is a valuation for mortgage purposes and not a survey. You may wish to consider appointing your own Peckham surveyor to carry out a survey or prepare a home buyers report on the property. It is up to you to satisfy yourself that the property is structurally sound before you buy it. If the survey or report reveals that building work is needed, you should tell your solicitor. You may wish to renegotiate with the seller.
Are there restrictive covenants that are commonly picked up as part of conveyancing in Peckham?
Restrictive covenants can be picked up when reviewing land registry title as part of the legal transfer of property in Peckham. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
I have been on the look out for a flat up to £305k and identified one close by in Peckham I like with amenity areas and station nearby, however it only has 52 remaining years left on the lease. There is not much else in Peckham suitable, so just wondered if I would be making a grave error buying a lease with such few years left?
If you require a mortgage the shortness of the lease may be an issue. Discount the offer by the expected lease extension will cost if not already taken into account. If the current owner has owned the property for a minimum of 2 years you can ask them to start the process of the extension and pass it to you. An additional ninety years can be extended on to the existing lease and have £0 ground rent by law. You should speak to your conveyancing lawyer regarding this matter.
What makes your site different to alternative web based conveyancing solicitors when it comes to conveyancing in Peckham?
At this site secure a fixed fee costs illustration from a Solicitor or Licensed Conveyancer that appreciates the issues of your conveyancing in Peckham. Unlike many estate agents and many comparison sites we do not charge firms a fee if you instruct them for your property ownership legalities in Peckham
Should I use a Peckham conveyancing practitioner who is local to the property I am hoping to buy? We have a good friend who can deal with the conveyancing but they are based 200miles away.
The primary upside of using a local Peckham conveyancing firm is that you can drop in to execute documents, hand in your identification documents and apply pressure on them if necessary. Having local Peckham know how is a benefit. That being said nothing is more important than finding someone that will pull out all the stops for you. If if people you trust instructed your friend and they were happy that must trump using an unfamiliar Peckham conveyancing solicitor solely due to them being round the corner.