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Find a Bromley Conveyancing Solictior on Your Lender’s Panel

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

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Recently asked questions about conveyancing in Bromley

My partner’s mother is a conveyancing practitioner. I am hopeful that I will be offered friends and family rates for conveyancing, However if that does not come materialise, what kind of figure should I be expecting for conveyancing in Bromley?

It’s sensible to obtain multiple conveyancing quotes. Do use our comparison tool on this site. The prices will contrast greatly but the service one can expect differ between conveyancers as is true with the vast majority of professional services.

We are purchasing our first home. The property lawyer has calledto check if we wish to purchase supplemental conveyancing searches. We are really unsure what's relevant for conveyancing in Bromley

The number and type of Bromley conveyancing searches depends primarily on the property, the location, the probability of any of these risks, your familiarity of the area and risks, your overall approach to risk. What matters is that you adequately comprehend what information each search could give you. Then you can make a decision if you consider that you need that information. Where you are unclear, ask the conveyancer to provide guidance.

I've recently found out that there is a flying freehold element on a property I have offered on a fortnight ago in what was supposed to be a simple, chain free conveyancing. Bromley is where the house is located. Can you offer any guidance?

Flying freeholds in Bromley are unusual but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Bromley you must be sure that your lawyer goes through the deeds very carefully. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Bromley may determine that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold property.

I am employed by a long established estate agent office in Bromley where we see a few leasehold sales put at risk due to leases having less than 80 years remaining. I have received inconsistent advice from local Bromley conveyancing solicitors. Can you confirm whether the owner of a flat can start the lease extension process for the buyer?

Provided that the seller has been the owner for at least 2 years it is possible, to serve a Section 42 notice to commence the lease extension process and assign the benefit of the notice to the purchaser. This means that the buyer can avoid having to wait 2 years for a lease extension. Both sets of lawyers will agree to form of assignment. The assignment needs to be completed prior to, or simultaneously with completion of the sale.

An alternative approach is to agree the lease extension with the freeholder either before or after the sale. If you are informally negotiating there are no rules and so you cannot insist on the landlord agreeing to grant an extension or transferring the benefit of an agreement to the purchaser.

I have tried to negotiate informally with with my landlord for a lease extension without any joy. Can the Leasehold Valuation Tribunal decide on such issues? Can you recommend a Bromley conveyancing firm to represent me?

Most certainly. We can put you in touch with a Bromley conveyancing firm who can help.

An example of a Freehold Enfranchisement decision for a Bromley premises is 26 Rhondda Grove in June 2009. The net price payable by the leaseholders as determined by the Tribunal was £3,015.13. This comprised £11,300 premium for the reversion less £8,284.87 costs as ordered by the County Court.

I'm selling a flat in Bromley. I can find my conveyancer's company on the Law Society's list, but I can't find my lawyer's name on the list. Is this a big problem?

Not every individual in the company must be listed by the regulator. Provided there is a manager qualified to 'oversee' the work, the actual day-to-day activity can be conducted by unqualified staff.

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Limehouse

Find out more about how flying freehold can affect your the value of a property.