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Recently asked questions about conveyancing in Soho

At long last a loan offer from Nationwide for the refinancing of my 3 room garden flat is coming within the next few days. Are you able to recommend a cheap conveyancing lawyer in Soho?

You have come to the wrong place to search for the lowest fares for conveyancing solicitors in Soho. Our aim is to provide affordable conveyancing but we do not aim to work with the cheapest lawyers. Resist the temptation to appoint companies offering £99 conveyancing in Soho. At best, in choosing a lawyer for low cost conveyancing, you will end up with what you pay for and at worst it will result in you invoiced for additional fees and still not receive the service you were looking for.

Would the conveyancing lawyers listed on your site execute conveyancing in Soho by way of an attended exchange?

There are a few conveyancing specialists who can conduct 24hr exchanges. Please call us to obtain a conveyancing quote and details as to dates.

Is there a reason why leasehold purchase conveyancing in Soho is more expensive?

Soho leasehold properties involve far more paperwork than a freehold purchase, and therefore takes more time to examine and advise upon.Conveyancing will involve the lease having to be checked which is usually a lengthy document, queries raised to ensure that the covenants and conditions have been observed. If it is a flat there will be a management company in existence and the accounts of this will need to be checked and enquiries raised to ensure it is operating efficiently and that all monies due have been paid by the Seller to the company and if not ensuring that money is paid up to date or the appropriate undertakings obtained.

Should my solicitor be raising questions about flooding during the conveyancing in Soho.

The risk of flooding is if increasing concern for lawyers carrying out conveyancing in Soho. Some people will purchase a property in Soho, completely aware that at some time, it may be flooded. However, aside from the physical destruction, where a house is at risk of flooding, it may be difficult to get a mortgage, suitable insurance cover, or dispose of the premises. Steps can be carried out during the course of a house purchase to forewarn the buyer.

Lawyers are not best placed to impart advice on flood risk, but there are a numerous searches that can be initiated by the purchaser or on a buyer’s behalf which should figure out the risks in Soho. The conventional set of information sent to a buyer’s conveyancer (where the solicitors are adopting what is known as the Conveyancing Protocol) contains a usual inquiry of the seller to discover whether the property has ever been flooded. If the residence has been flooded in past and is not notified by the vendor, then a purchaser could commence a claim for damages as a result of such an misleading response. A purchaser’s conveyancers will also conduct an enviro search. This will disclose if there is any known flood risk. If so, further inquiries will need to be made.

Can you offer any advice when it comes to appointing a Soho conveyancing firm to deal with our lease extension?

If you are instructing a property lawyer for lease extension works (regardless if they are a Soho conveyancing practice) it is essential that they be familiar with the legislation and specialises in this area of conveyancing. We advise that you make enquires with two or three firms including non Soho conveyancing practices prior to instructing a firm. Where the conveyancing practice is ALEP accredited then so much the better. The following questions might be of use:

    If they are not ALEP accredited then why not?

I inherited a basement flat in Soho. Given that I can not reach agreement with the freeholder, can the Leasehold valuation Tribunal make a decision on the amount payable for a lease extension?

Where there is a absentee landlord or if there is dispute about the premium for a lease extension, under the Leasehold Reform, Housing and Urban Development Act 1993 you can apply to the First-tier Tribunal (Property Chamber) to make a decision on the price payable.

An example of a Freehold Enfranchisement case for a Soho residence is 20 Avonwick Road in July 2013. The Tribunal was dealing with an application under Section 26 of the Leasehold Reform Housing and Urban Development Act 1993 for a determination of the freehold value of the property. It was concluded that the price to be paid was Fifteen Thousand Nine Hundred and Seventy (£15,970) divided as to £8,200 for Flat 20 and £7,770 for Flat 20A This case was in relation to 1 flat. The unexpired residue of the current lease was 73.26 years.

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