I am obtaining a mortgage with Nat West. I hope to retain the legal services of a Licensed Conveyancer in Norbury. Does the Nat West Solicitor panel exclude Licensed Conveyancers?

The Nat West approved solicitor list is, like many other lenders, associated to the CML or BSA, open to Licensed Conveyancers regulated by the CLC.

Will lawyers ask for money on account for my conveyancing in Norbury?

If you are buying a property in Norbury your solicitor will ask you place them with monies to cover the the cost of the conveyancing searches. Generally this is needed to cover the fees of the Local Authority Search. If any deposit is as part of the purchase price then this should be needed shortly ahead of contracts are exchanged. The closing balance that is needed will be payable a couple of days ahead of the day of completion.

About to purchase a new build flat in Norbury. Conveyancing is a frightening process 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 conveyancing.

Set out below is a sample of a few leasehold new build enquiries that you may expect your new-build leasehold conveyancing in Norbury

Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents. Please supply evidence that the form of Lease proposed has been approved by the Land Registry. The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme. Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier?

Yesterday I discovered that there is a flying freehold element on a property I put an offer in a fortnight ago in what should have been a straight forward, chain free conveyancing. Norbury is the location of the property. What do you suggest?

Flying freeholds in Norbury are unusual but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Norbury you must be sure that your lawyer goes through the deeds thoroughly. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Norbury 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 premises.

Been reading online that Norbury solicitors are more costly than Norbury conveyancers in Norbury to use when purchasing a house. So is it better if I use a conveyancer or a solicitor if I am purchasing for my home move in Norbury.

When it comes to conveyancing in Norbury the costs are unlikely to vary dramatically depending on whether the legal expert is a licenced conveyancer or solicitor.