My partner’s brother is a solicitor. I anticipate that I will receive friends and family rates for conveyancing, However if that does not come materialise, what level of figure would I typically be looking at for conveyancing in Lewisham?
It’s prudent to request two or three conveyancing estimates. Do use our comparison tool on this site. Whilst quotes may vary but service levels do differ between conveyancers as is true with most professions.
Is there a reason why leasehold purchase conveyancing in Lewisham costs more?
In short, leasehold conveyancing in Lewisham and South East London usually involve additional due diligence compared to freehold conveyancing. This includes lease investigation, corresponding with the landlord concerning serving required notices, obtaining up-to-date service charge and management information, procuring the freeholder’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 entered into.
We are expecting a mortgage offer soon. The lender mentioned the home loan came with free conveyancing. Is the implication that I have to appoint their panel solicitor as I would much rather appoint a local conveyancing solicitor in Lewisham?
Do check but the chances are that appoint one of their panel lawyers should you take up the "fee-free" deal. Call the mortgage company and explore if they offer you a cash alternative. In the past a few lenders offered a £250 cashback as an alternative in which case that money can go towards the cost for your conveyancing solicitor in Lewisham.
It has been 4 months following my purchase conveyancing in Lewisham took place. I have checked the Land Registry website which shows that I paid £200,000 when infact I paid £170,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the asset from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
I've found a house that seems to be perfect, at a reasonable figure which is making it all the more appealing. I have just discovered that it's a leasehold rather than freehold. I am assuming that there are particular concerns purchasing a house with a leasehold title in Lewisham. Conveyancing solicitors have are soon to be instructed. Will my lawyers set out the risks of buying a leasehold house in Lewisham ?
Most houses in Lewisham are freehold rather than leasehold. This is one of the situations where having a local conveyancer used to dealing with such properties who can assist with the conveyancing process. it is apparent that you are buying in Lewisham so you should seriously consider shopping around for a Lewisham conveyancing solicitor and check that they are used to dealing with leasehold houses. First you will need to check the unexpired lease term. Being a tenant you will not be at liberty to do whatever you want with the house. The lease comes with conditions such as obtaining the landlord’spermission to carry out alterations. It may be necessary to pay a contribution towards the maintenance of the communal areas where the property is located on an estate. Your solicitor should appraise you on the various issues.