My wife and I have a semi-detached Edwardian house in Peckham. Conveyancing lawyer acted for me and Virgin Money. I happened to do a free search for it on the Land Registry database and there are a couple of entries: the first freehold, another for leasehold with the exact same property. Is it worth asking Virgin Money to clarify?
You need to assess the Freehold register you have again and check the Charges Register as there may be 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 areas of the country and poses no real issues for owners other than when they mortgage they have to account for both freehold and leasehold interests when dealing with lenders. You can also enquire as to the situation with the conveyancing solicitor who conducted the purchase.
I am buying a new build flat in Peckham. Conveyancing is daunting at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build conveyancing.
Here is a sample of a selection of leasehold new build enquiries that you may expect your new-build leasehold conveyancing in Peckham
The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme. If there are lifts in the building, please confirm that the owners of flats on the ground and basement floors will not be required to contribute towards the cost of maintenance and renewal. There must be mutual enforceability of lessee’s covenants. Please supply a car parking plan. Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents.
Should I be wary about estate agents that I am dealing with are suggesting a nationwide conveyancing firm rather than a High Street Peckham conveyancing company?
As with lots of professional services, often recommendations from relatives can be very helpful. Yet there are lots of people with a vested interest in a conveyancing transaction; estate agents, mortgage brokers and mortgage companies may recommend solicitors to retain. On occasion these solicitors might be known to one of the organisations as one of the best in their field, but sometimes there exists a financial incentive behind the endorsement. You are free to appoint your preferred lawyer. Don't forget that most mortgage providers operate an approved list of law firms you are obliged to use for the mortgage aspect of your conveyancing.
I need to appoint a conveyancing solicitor for remortgage conveyancing in Peckham. I happened to chance upon a web site which appears to be the perfect answer If it is possible to get all formalities completed via phone that would be ideal. 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?
Is it necessary during the course of the conveyancing process to attend the offices of the mortgage company conveyancing panel solicitor to sign the mortgage deed? If so, I will appoint a lawyer who conducts conveyancing in Peckham so that I can pop in to their offices if necessary.
Most conveyancing panel lawyers for the lender undertake all of the work via the post, internet or over the phone. This means that they can undertake your Conveyancing Transaction no matter where you live in England or Wales. YOu dont have to use a conveyancing solicitor in Peckham. it would nevertheless be wise to check if you can still book an appointment to go into appointed conveyancing lawyer if you prefer.