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Recently asked questions about conveyancing in Penge

As I am unsure how the conveyancing process works what is the most important piece of guidance you can impart about purchase conveyancing in Penge?

You may not hear this from too many lawyers but conveyancing in Penge and elsewhere in South East London is often a confrontational process. Put another way, when it comes to conveyancing there is plenty of opportunity for conflict between you and others involved in the legal transfer of property. For instance, the vendor, property agent and on occasion your bank. Appointing a law firm for your conveyancing in Penge an important selection as your conveyancer is your adviser, and is the ONE person in the process whose interest is to look after your legal interests and to keep you safe.

There is a definite emergence in the "blame" culture- someone must be blamed for the process being so protracted. You your first instinct should be to trust your solicitor ahead of all other players when it comes to the legal transfer of property.

My colleague advised me that where I am buying in Penge I should carry out a Neighbourhood, Planning and Local Amenity Search. What does it cover?

This is a search is occasionally included in the estimate for your Penge conveyancing searches. It is a large document of about 40 pages, listing and detailing significant information about Penge around the property and the people living there. It incorporates an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the local Housing Market, Council Tax Banding, the demographics of People living in the area, the dominant type of Housing, the Average Property Price, Crime statistics, Local Education with maps and statistics, Local Amenities and other useful information about Penge.

I am buying a new build flat in Penge. Conveyancing is daunting at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build legal work.

Here is a sample of a few leasehold new build enquiries that you should expect your new-build leasehold conveyancing in Penge

    The Lease must contain a provision on behalf of the Vendor to pay the service charges in respect of unoccupied units in order to ensure that all services can be provided. Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents. Where there is an Undertaking being granted there is the risk of forfeiture of the Headlease subject to relief if one or more of the Underlessees are willing to accept the original Head Lessee’s obligations as otherwise relief will be denied to the Underlessees. The only alternatives are the Head Lessor agreeing not to forfeit the Headlease or the Head Lessee guaranteeing to the Underlessees that it will not be in breach of the Headlease. The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme. Please provide evidence that the form of Lease proposed has been approved by the Land Registry.

I am selling my house. My past lawyers has retired. I am in need of a recommendation of a conveyancing firm. Im based in Penge if that makes things easier.

Do use our search tool to help you choose a solicitor for your conveyancing in Penge. We have connected thousands of home buyers and sellers with lender approved solicitors to ensure that the legalities of their house move goes smoothly.

I am hoping to put an offer on a small detached house that seems to meet my requirements, at a reasonable price which is making it all the more appealing. I have subsequently been informed that it's a leasehold as opposed to freehold. I would have thought that there are issues purchasing a house with a leasehold title in Penge. Conveyancing advisers have are soon to be appointed. Will they explain the issues?

Most houses in Penge are freehold and not leasehold. This is one of the situations where having a local conveyancer who is familiar with the area who can help the conveyancing process. We note that you are buying in Penge in which case you should be looking for a Penge conveyancing practitioner and be sure that they are used to transacting on leasehold houses. First you will need to check the unexpired lease term. As a leaseholder you will not be entirely free to do whatever you want with the house. The lease comes with conditions for example requiring the landlord’sconsent to carry out changes to the property. It may be necessary to pay a maintenance charge towards the maintenance of the communal areas where the property is part of an estate. Your conveyancer will advise you fully on all the issues.

I have attempted and failed to negotiate with my landlord for a lease extension without getting anywhere. Can I make an application to the Leasehold Valuation Tribunal? Can you recommend a Penge conveyancing firm to assist?

Absolutely. We can put you in touch with a Penge conveyancing firm who can help.

An example of a Lease Extension case for a Penge flat is Flats 5, 9, 38 & 40 Blakewood Court Anerley Park in January 2012. the tribunal held that the premiums payable for the new lease sare: FLAT 5:- £7,130 FLAT 9:- £7,860 FLAT 38:- £15,867 FLAT 40: £14,834 This case affected 4 flats.

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