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Recently asked questions about conveyancing in Elephant and Castle

Do the conveyancing solicitors that you recommend conduct right to buy conveyancing in Elephant and Castle?

We work with a number of conveyancing practitioners who can service right to buy conveyancing work Do call us with a view to obtain a costs illustration.

Do commercial conveyancing searches disclose planned roadworks that could affect a commercial estate in Elephant and Castle?

Many commercial conveyancing solicitors in Elephant and Castle will execute a SiteSolutions Highways report as it reduces the time that conveyancers invest in researching accurate data on highways that impact buildings and development assets in Elephant and Castle. The report sets out definitive data on the adoption status of roads, footpaths and verges, as well as the implication of traffic schemes and the rights of way surrounding a commercial development sites in Elephant and Castle.

For every commercial conveyancing transaction in Elephant and Castle it is critical to investigate the adoption status of roads surrounding a site. The absence of identifying developments where adoption procedures have not been dealt with adequately may result in delays to Elephant and Castle commercial conveyancing transactions as well as pose a risk to future plans for the site. These searches are not conducted for domestic conveyancing in Elephant and Castle.

Are there restrictive covenants that are commonly picked up as part of conveyancing in Elephant and Castle?

Restrictive covenants can be picked up when reviewing land registry title as part of the legal transfer of property in Elephant and Castle. 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 Elephant and Castle differ for new build properties?

Most buyers of new build property in Elephant and Castle contact us having been asked by the housebuilder to exchange contracts and commit to the purchase even before the residence is constructed. This is because new home sellers in Elephant and Castle 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 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 accustomed to new build conveyancing in Elephant and Castle or who has acted in the same development.

I am on look out for some leasehold conveyancing in Elephant and Castle. Before I get started I require certainty as to the number of years remaining on the lease.

If the lease is registered - and 99.9% are in Elephant and Castle - then the leasehold title will always include the basic details of the lease, namely the date; the term; and the original parties. From a conveyancing perspective such details then enable any prospective buyer and lender to confirm that any lease they are looking at is the one relevant to that title. For any other purpose, such as confirming how long the term was granted for and calculating what is left, then the register should be sufficient on it's own.

I have tried to negotiate informally with with my landlord for a lease extension without getting anywhere. Can the Leasehold Valuation Tribunal decide on such matters? Can you recommend a Elephant and Castle conveyancing firm to assist?

Where there is a absentee landlord or where there is disagreement about the premium for a lease extension, under the Leasehold Reform, Housing and Urban Development Act 1993 you can apply to the First-tier Tribunal (Property Chamber) to determine the premium.

An example of a Lease Extension matter before the tribunal for a Elephant and Castle flat is Ground Floor Flat 39 Bronsart Road in May 2010. Following a vesting order by West London County Court the Leasehold Valuation Tribunal concluded that the price to be paid for the extended lease of the premises was Thirteen Thousand Two hundred pounds (£13,200) in accordance with the valuation. The extended lease was granted for a term of 90 years from the expiry date of the Lease and at a peppercorn ground rent from the date of the vesting order. This case was in relation to 1 flat. The unexpired term as at the valuation date was 74.77 years.

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Neighbouring Locations

Bankside
Newington
Southwark
Elephant and Castle
Oval
Walworth

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