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

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Recently asked questions about conveyancing in South London

My relative advised me that if I am purchasing in South London I should ask my conveyancer to perform a Neighbourhood, Planning and Local Amenity Search. Can you explain what the purpose of this search is?

A search of this type is sometimes included in the estimate for your South London conveyancing searches. It is not a small report of about 40 pages, listing and setting out significant information about South London around the property and the people living there. It incorporates an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the local Housing Market, Council Tax Banding, the demographics of People living in the area, the dominant type of Housing, the Average House Prices, Crime statistics, South London Education with plans and statistics, Local Amenities and other useful information concerning South London.

How does conveyancing in South London differ for new build properties?

Most buyers of new build or newly converted property in South London approach us having been asked by the housebuilder to exchange contracts and commit to the purchase even before the residence is finished. This is because house builders in South London typically acquire the real estate, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are accustomed to new build conveyancing in South London or who has acted in the same development.

My father-in-law has recommend that I instruct his conveyancing solicitors in South London. Should I use them?

There are no two ways about it the best way to choose a conveyancing solicitor is to get referrals from friends or relatives who have previously instructed the conveyancer you're contemplating using.

All being well we will complete the sale of our £175,000 garden flat in South London next week. The management company has quoted £324 for Landlord’s certificate, building insurance schedule and 3 years service charge statements. Is it legal for a freeholder to charge such fees for a leasehold conveyance in South London?

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

    Answering pre-exchange questions Where consent is required before sale in South London 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 lawyer will have no control over the level of the charges for this information but the average costs for the information for South London leasehold premises is £350. For South London 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 obliged to provide the information.

I have attempted and failed to negotiate with my landlord to extend my lease without any joy. Can one make an application to the Leasehold Valuation Tribunal? Can you recommend a South London conveyancing firm to help?

Most definitely. We can put you in touch with a South London conveyancing firm who can help.

An example of a Lease Extension matter before the tribunal for a South London flat is Flat B 10 Grove Avenue in October 2013. Following a vesting order Clerkenwell and Shoreditch County Court 3rd July 2013 The tribunal determines that the premium payable for the lease extension was £36,215.00 This case was in relation to 1 flat. The remaining number of years on the lease was 65.21 years.

We are in the process of buying a property in South London. Could the conveyancer have the amount we are are purchasing for confidential from sites such as Zoopla. Is this possible and how?

HM Land Registry are legally obliged to note price sold data on the official title for residential properties nationwide including premises in South London. The Title Register is a public document, so the Land Registry would be breaking the law excluded certain homes such as the property in South London.

In essence you can ask HM Land Registry to withhold the price paid data but the answer would be a No.

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