Are there restrictive covenants that are commonly identified as part of conveyancing in Balham?
Covenants that are restrictive in nature can be picked up when reviewing land registry title as part of the process of conveyancing in Balham. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
How does conveyancing in Balham differ for newly converted properties?
Most buyers of new build or newly converted property in Balham contact us having been asked by the developer to exchange contracts and commit to the purchase even before the premises is built. This is because new home sellers in Balham tend to acquire 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 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 used to new build conveyancing in Balham or who has acted in the same development.
I opted to have a survey carried out on a property in Balham ahead of appointing conveyancers. I have been advised that there is a flying freehold element to the house. Our surveyor has said that some lenders tend not grant a loan on a flying freehold property.
It varies from the lender to lender. HSBC has different instructions from Nationwide. Should you wish to telephone us we can investigate further via the appropriate lender. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Balham. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Balham to see if the conveyancing will be more expensive.
My cousin has suggested that I instruct his conveyancers in Balham. Should I use them?
There are no two ways about it the ideal way to find a conveyancing solicitor is to have referrals from friends or family who have actually previously instructed the solicitor you're contemplating using.
Are there any apps to help search for a Balham conveyancing solicitor on the bank conveyancing panel? I have a car and am prepared to travel up to 25miles to attend the conveyancer.
Feel free to make use of the find a conveyancing panel tool on this page. Please choose the lender and your location, in this case Balham and you will see a number of lawyer located nearest Balham. Alternatively you can type in the name of your proposed law firm and see if they are listed as being on the lender solicitor panel.