Is it realistic for conveyancing in Bromley Common to be finalised within a month?
Where you are under a tight deadline to sign contracts it is highly recommended that your lawyer is familiar with the location as they will benefit local relationships and insight. It is even conceivable that they would have handled previoushouses in the same street. You would be best advised to use a Bromley Common conveyancing solicitor. Second, ensure that the conveyancing firm is on the member panel. It is claimed that nearly one in five of Bromley Common conveyancing deals are frustrated or jeopardised after finding out that a buyer’s conveyancer was not on their mortgage lender’s panel. In many cases this discovery resulted in the transaction being held up by almost 21 days. It is said that this issue affects in the region of one hundred thousand home moves annually. Many Bromley Common conveyancing firms can not act for certain lenders so do check at the outset.
The deeds to our home can not be found. The conveyancers who dealt with the conveyancing in Bromley Common 4 years ago have long since closed. What are my options?
You no longer need to have the physical original deeds to establish that you are the registered proprietor of land or property, as the Land Registry hold details of all registered land or property electronically.
I have been on the look out for a leasehold apartment up to £305k and found one close by in Bromley Common I like with amenity areas and transport links nearby, the downside is that it's only got 51 years unexpired on the lease. There is not much else in Bromley Common suitable, so just wondered if I would be making a mistake buying a short lease?
Should you require a home loan that many years will be an issue. Reduce the price by the expected lease extension will cost if not already taken into account. If the existing proprietor has owned the property for a minimum of 2 years you may request that they start the process of the extension and pass it to you. An additional ninety years can be extended on to the existing lease term and have £0 ground rent by law. You should speak to your conveyancing lawyer concerning this matter.
My brother has suggested that I use his conveyancing solicitors in Bromley Common. Should I choose my own solicitor?
Much as we are happy to recommend a Bromley Common conveyancing lawyer the best way to find a conveyancing solicitor is to seek feedback from friends or family who have previously instructed the firm that you are contemplating using.
My wife and I have just had an offer agreed on a flat and had meeting on Friday with Leeds Building Society for the mortgage. They have informed me that when it comes to selecting a lawyer that unless they are on their approved list of lawyers then we will be subject to an a further fee of about two hundred pounds. This is because they will then have to select a property lawyer to act on their behalf in addition to the one we choose to act on our behalf and we are liable for their fees. I have asked Leeds Building Society to provide me with a list so I can seek estimates only from their approved lawyers but was told they dont have such a list to hand over. Is there a list online?
Ask Leeds Building Society what their criteria for panel membership is for a solicitor.Then ask the conveyancing practitioner of your choice whether they fit that criteria and have they acted on loans for Leeds Building Society historically. Where the answer to those is yes, then just clarify this with Leeds Building Society. Another option is to utilise our search facility and we should be able to identify a conveyancing practitioner in Bromley Common on the approved list for Leeds Building Society.