Recently been in touch with my conveyancing solicitor in Herne Hill who acted for me 18 months ago and wanted a conveyancing quote based on the same type of house sale & purchase (a leasehold property and a freehold premises) of almost identical values with a home loan from Yorkshire Building Society. It looks as though am now being quoted twice the amount. Better the devil I know or do I seek out a cheaper internet firm of conveyancing solicitor?

The estimate fees seem a tad high. If you shop around you could get the conveyancing a bit cheaper by as much as £100 plus VAT. That being said, if you were happy with the assistance the firm provided you maycome to regret opting for an a cheaper conveyancer. Remember to enquire the solicitor can act for Yorkshire Building Society. You can make use of our search tool to find a Herne Hill conveyancing firm on the Yorkshire Building Society conveyancing panel, which can often include conveyancing solicitors in Herne Hill.

Various online forums that I have visited warn that are the main cause of delay in Herne Hill house deals. Is that correct?

The Council of Property Search Organisations (CoPSO) has noted the findings of research by MoveWithUs that conveyancing searches do not feature within the common causes of hindrances in the conveyancing process. Searches are not likely to be the root cause of delay in conveyancing in Herne Hill.

How does conveyancing in Herne Hill differ for new build properties?

Most buyers of new build property in Herne Hill come to us having been asked by the builder to exchange contracts and commit to the purchase even before the residence is constructed. This is because house builders in Herne Hill tend to acquire the land, 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 property lawyers 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 Herne Hill or who has acted in the same development.

I am looking for a ground for flat up to £235,500 and identified one near me in Herne Hill I like with open areas and railway links nearby, the downside is that it only has 49 years on the lease. There is not much else in Herne Hill in this price bracket, so just wondered if I would be making a grave error purchasing a lease with such few years left?

If you need a home loan the shortness of the lease may be problematic. Reduce the price by the expected lease extension will cost if it has not already been discounted. If the existing owner has owned the property for at least 2 years you can ask them to start the process of the extension and then assign it to you. You can add 90 years to the current lease term and have £0 ground rent by law. You should consult your conveyancing solicitor regarding this matter.

What type of property do your Herne Hill conveyancing estimates relate to?

The quotes supplied are only relevant to standard domestic premises in England & Wales. Should you have any different requirements for instance industrial or agricultural property or commercial conveyancing in Herne Hill you should contact us to consider this further .