After what seems like an age a mortgage agreement from NatWest for the refinancing of my 3 room flat is coming by the end of next week. Are you able to put forward a cheap conveyancing solicitor in Ashtead?
You have come to the wrong place to search for cut-price fees for conveyancing in Ashtead. We can offer you value for money conveyancing but our intention is not to work with the cheapest lawyers. Avoid the trap of appointing brokers enticing you with low cost conveyancing in Ashtead. At best, in going for cheap conveyancing, you will get your money’s worth and at worst you will end up with a surprising uplift in extras and still not end up with the service you were looking for.
Our Ashtead solicitor has spotted a difference between the information in the home valuation report and what is revealed within the title deeds. My lawyer has advised that he must ensure that the bank is happy with this discrepancy and is still content to lend. Is my lawyer’s approach correct?
Your property lawyer must comply with the UK Finance Lenders’ Handbook provisions which do require that your lawyer disclose any incorrect assumptions in the lender’s valuation report and the legal papers. Should you refuse to allow your lawyer to make the appropriate notification then your lawyer will have no choice but to discontinue acting for you.
Various web forums that I have come across warn that are the main reason for obstruction in Ashtead house deals. Is there any truth in this?
The Council of Property Search Organisations (CoPSO) released determinations of a review by MoveWithUs that conveyancing searches do not figure amongst the top 10 causes of delays in the conveyancing process. Searches are not likely to be the root cause of holding up conveyancing in Ashtead.
Should I choose a Ashtead conveyancing lawyer who is local to the property I am hoping to buy? We have a good friend who can handle the conveyancing but his firm is located a couple of hundredkilometers away.
The primary upside of using a local Ashtead conveyancing practice is that you can pop in to sign documents, deliver your ID and pester them if necessary. They will also have local knowledge which is a bonus. However it's more important to get someone that will pull out all the stops for you. If other friends have used your friend and on the whole were happy that must trump using an unknown Ashtead conveyancing lawyer just because they are based in the area.
My wife and I purchased a leasehold house in Ashtead. Conveyancing and Alliance & Leicester mortgage went though with no issue. A letter has just been received from someone saying they have taken over the freehold. It included a ground rent demand for rent dating back to 1991. The conveyancing practitioner in Ashtead who acted for me is not around. Any advice?
First contact HMLR to make sure that the individual claiming to own the freehold is indeed the new freeholder. There is no need to instruct a Ashtead conveyancing lawyer to do this as it can be done on-line for less than a fiver. You should note that in any event, even if this is the legitimate freeholder, under the Limitation Act 1980 the limitation period for recovery of ground rent is six years.
We have reached the end of our tether in seeking a lease extension in Ashtead. Can this matter be resolved via the Leasehold Valuation Tribunal?
Where there is a missing freeholder or if there is dispute about what the lease extension should cost, under the Leasehold Reform, Housing and Urban Development Act 1993 you can apply to the LVT to make a decision on the premium.
An example of a Lease Extension case for a Ashtead flat is 33 The Maisonettes Alberta Avenue in June 2014. the Tribunal decided that the premium payable for the grant of a new lease be the sum of £20,680 (Twenty Thousand six hundred and eighty pounds). This case related to 1 flat. The number of years remaining on the existing lease(s) was 60.43 years.
My partner and I about to exchange on the purchase a house in Ashtead but as a consequence of wreckage from the recent storms I have agreed recompense from the seller of £2k by way of a deduction in the price. This was going to be addressed as part of the conveyancing process but the bank will not permit this. Why were they involved?
Your property lawyer listed on the lender approved list is obliged to inform the bank of any variations to the purchase amount. In the event that you prohibit your solicitor to notify the price change to your mortgage company then they would have no choice but to discontinue acting for you and the mortgage company.