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

In short, leasehold conveyancing in Addington and elsewhere usually requires additional work compared to freehold transactions. This includes lease investigation, communicating with the landlord about serving appropriate notices, securing current service charge and management information, securing the landlord’s consents and reviewing management accounts. The obligations on both the landlord and the tenant in the lease need to be studied by the buyer’s conveyancing team and read from beginning to end – no matter how many different owners have owned the lease since it was first granted.

What is the optimum way to find out if the solicitor carrying out my conveyancing in Addington is on the bank’sapproved panel? I am looking to avoid the situation of having one lawyer for me and one for Chelsea Building Society thus paying £175.00 in further conveyancing invoice.

You should make use of the find a conveyancing panel solicitor tool on this page. Please choose the lender and type ‘Addington’ or your preferred area and you will be presented with numerous solicitors offices in Addington or by proximity to you.

I have justbeen informed that Stirling Law have been shut down. They carried out my conveyancing in Addington for a purchase of a freehold house 10 months ago. How can I check that my home is in my name in the name of the former proprietor?

The quickest method to see if the premises is registered to you, you can make a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Addington conveyancing specialists.

How does conveyancing in Addington differ for new build properties?

Most buyers of new build residence in Addington come to us having been asked by the developer to sign contracts and commit to the purchase even before the property is built. This is because developers in Addington usually purchase the land, 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 conveyancing solicitors 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 used to new build conveyancing in Addington or who has acted in the same development.

We have been advised by various estate agents that it should take 6-8 weeks for Addington conveyancing to complete.This was a month ago. The property information was only forwarded to my conveyancer a couple of days ago so does the clock start running now?

There is no conventional timeframe for conveyancing in Addington, or any area in the UK. You simply have to make sure your finances are in order and wait for the rest to come to you eventually.