lenderpanel

Find a Plumstead Conveyancing Solictior on Your Lender’s Panel

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

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


Recently asked questions about conveyancing in Plumstead

Having invested time researching mumsnet.com for a recommended lawyer in Plumstead, many advise that I should instruct a CQS assured lawyer. Can you explain what CQS is?

The Conveyancing Quality Scheme (CQS) provides a kitemark for residential conveyancing practices issued by the Law Society. Membership achievement establishes a level of credibility for member firms with stakeholders (regulators, lenders, insurers and consumers) based upon: * the integrity of the senior responsible officer and other key conveyancing staff * the firm's adherence to good practice management standards * adherence to best practice conveyancing processes through the scheme protocol the standard covers many partnerships who execute conveyancing in Plumstead.

I completed on my home on 14 July and my personal details is not yet registered. Should I be concerned? My conveyancing solicitor in Plumstead advises it should be concluded in less than a month. Are properties in Plumstead uniquely lengthy to register?

There is nothing unique when it comes to conveyancing in Plumstead registration formalities. As opposed to being determined by geographic area, timescales can differ subject to who lodges the application, whether it is in order and whether the Land registry communicate with any other parties. Currently approximately 80% of such applications are fully dealt with in less than three weeks but some can be subject to longer hold-ups. Registration is effected after the purchaser has moved in to the property so post completion formalities is not always an essential issue but where there is a degree of urgency associated with the registration then you or your lawyers can contact the land registry and explain the circumstances.

Yesterday I discovered that there is a flying freehold issue on a house I put an offer in a fortnight ago in what was supposed to be a simple, no chain conveyancing. Plumstead is where the house is located. Is there any guidance you can give?

Flying freeholds in Plumstead are rare but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Plumstead you would need to get your solicitor to go through the deeds very carefully. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Plumstead may ascertain that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold property.

Is it possible to transfer to a new conveyancer as I need to retain one who is on the Alliance & Leicester conveyancing list. I hired a high street conveyancing solicitor in Plumstead round the corner but the firm is not accepted by Alliance & Leicester

We will our best to assist in finding you a conveyancing solicitor in Plumstead on the Alliance & Leicester panel. Please note that the conveyancers that we list do not pay us a referral fee if you instruct them and are fully regulated by the SRA who oversee all conveyancing solicitors in Plumstead. In utilising search facility on this website, you can compare and instruct different solicitors and conveyancers both nationally and in Plumstead.

Completion is due on our sale of a £250,000 garden flat in Plumstead next Monday. The freeholder has quoted £360 for Certificate of Compliance, insurance certificate and previous years service charge statements. Is it legal for a freeholder to charge exorbitant fees for a leasehold conveyance in Plumstead?

For most leasehold sales in Plumstead conveyancing will involve, queries regarding the management of a building inevitably needing to be answered directly by the freeholder or its agent, this includes :

    Addressing conveyancing due diligence questions Where consent is required before sale in Plumstead Copies of the building insurance and schedule Deeds of covenant upon sale Registering of the assignment of the change of lessee after a sale
Your solicitor will have no control over the level of the charges for this information but the average costs for the information for Plumstead leasehold premises is £350. For Plumstead conveyancing transactions it is customary for the seller to pay for these costs. The landlord or their agents are under no legal obligation to answer such questions most will be willing to do so - albeit often at exorbitant prices where the fees bear little relation to the work involved. Unfortunately there is no law that requires fixed charges for administrative tasks. Neither is there any legal time frame by which they are required to provide the information.

I have had difficulty in trying to reach an agreement for a lease extension in Plumstead. Can the Leasehold Valuation Tribunal adjudicate on premiums?

You certainly can. We can put you in touch with a Plumstead conveyancing firm who can help.

An example of a Lease Extension matter before the tribunal for a Plumstead flat is 103a Footscray Road in January 2014. The tribunal determines that the premium payable for the extended lease should be £34,500 according to the expert witness valuation calculation This case was in relation to 1 flat.

Last updated

Find out more about how flying freehold can affect your the value of a property.