I am expecting a mortgage offer from Halifax. I would like to employ the services of a Licensed Conveyancer in South London. Does the Halifax Conveyancing panel include Licensed Conveyancers?
The Halifax approved solicitor list is, like many other lenders, represented by the CML or Building Society Association, open to Licensed Conveyancers regulated by the CLC.
Do the Building Society Association intend to launch a search tool with a view to list firms on the Coventry BS conveyancing panel for example in South London?
We are not aware of any plans on the part of the BSA to promote such a register.
Will my conveyancer be raising questions concerning flooding as part of the conveyancing in South London.
The risk of flooding is if increasing concern for lawyers dealing with homes in South London. Plenty of people will acquire a house in South London, fully expectant that at some time, it may be flooded. However, leaving to one side the physical destruction, if a house is at risk of flooding, it may be difficult to get a mortgage, satisfactory building insurance, or dispose of the premises. There are steps that can be taken during the course of a house purchase to forewarn the buyer.
Solicitors are not best placed to impart advice on flood risk, however there are a various searches that may be carried out by the purchaser or on a buyer’s behalf which will give them a better understanding of the risks in South London. The standard property information forms sent to a buyer’s lawyer (where the solicitors are adopting what is known as the Conveyancing Protocol) incorporates a usual question of the seller to find out whether the premises has suffered from flooding. If the premises has been flooded in past which is not disclosed by the vendor, then a purchaser may commence a claim for damages as a result of such an incorrect reply. The buyer’s conveyancers may also order an enviro report. This will indicate whether there is any known flood risk. If so, more detailed investigations will need to be carried out.
I am using a search engine for the words on line conveyancing in South London it reveals many solicitorsin the area. With so much choice what is the best way to find the suitable conveyancing solicitor for purchase transaction?
The preferential way of choosing a suitable conveyancer is through a trusted referral, so seek the opinion of friends and family who have acquired a property in South London or the respected estate agent or mortgage broker. Costs for conveyancing in South London vary, so it's advisable to secure at least four costs illustrations from varying types of solicitors. Make sure that you clarify what costs in the quote includes.
I pay a service charge for my appartment in South London. Due to redundancy and personal issues I slipped behind with remittance. I negotiated a payment schedule but there is still three grand currently outstanding.
I am under pressure to sell and I am nervous that this may hold me back if I have to discharge the amount due now. Do I have to settle before - is this achievable?
You should check with the property lawyer handling your South London conveyancing but one option could be to agree for the arrears to be attributed to the buyers. The sale price they pay would be adjusted to reflect the amount of debt they take on. They could then discharge the outstanding monies after completion of the purchase.