Can the conveyancing lawyers identified through your search tool carry out auction conveyancing in Banstead?
There are a number of auction practitioners we can connect you with those conducting auction conveyancing. Banstead is one of hundreds of areas of where our lawyers cover.
I am helping my sister sell her property in Banstead. Will the solicitor arrange an energy assessment or it is for me to coordinate?
Following the demise of Home Packs, energy performance certificates remained a compulsory part of selling a property. An EPC needs to be to hand in advance of the property being placed on the market. This is not as aspect of the sale process that conveyancers normally organise. Where you are using a Banstead conveyancing solicitor they might help arrange energy performance certificates given their contacts with long established Banstead assessors
Last month we had a mortgage agreed in principle with Virgin Money. Banstead conveyancing lawyers are instructed. How long does it take for Virgin Money to forward the offer to the solicitor?
There is no definitive answer here. Have Virgin Money done the valuation? Have you informed Virgin Money as to your lawyers' details and checked that your lawyers are on the Virgin Money conveyancing panel? Sometimes it can take as long as six weeks for a mortgage offer to be issued.
I've digested plenty of mortgage guides, I note that it is considered advisable to get your house surveyed prior to buying it. When I asked my local Banstead solicitor - who is on the Leeds Building Society conveyancing panel - on this she said they don't do this and I need to contract an independent surveyor. is that correct?
Leeds Building Society will need an independent valuation of the property. Your lawyer will not arrange this. Usually Leeds Building Society will appoint their own surveyor to do this, and you will have to pay for it. Remember that this is a valuation for mortgage purposes and not a survey. You may wish to consider appointing your own Banstead surveyor to carry out a survey or prepare a home buyers report on the property. It is up to you to satisfy yourself that the property is structurally sound before you buy it. If the survey or report reveals that building work is needed, you should tell your solicitor. You may wish to renegotiate with the seller.
What does a local search tell me concerning the property I am purchasing in Banstead?
Banstead conveyancing often starts with the applying for local authority searches directly from your local Authority or via a personal search organisations for instance Searches UK The local search is essential in every Banstead conveyancing purchase; as long as you wish to avoid any nasty surprises after you move into your new home. The search will reveal data on, amongst other things, details on planning applications relevant to the property (whether granted or refused), building control history, any enforcement action, restrictions on permitted development, nearby road schemes, contaminated land and radon gas; in all a total of 13 subject headings.
Yesterday I discovered that there is a flying freehold issue on a house I put an offer in a fortnight ago in what was supposed to be a straight forward, no chain conveyancing. Banstead is where the house is located. Can you offer any assistance?
Flying freeholds in Banstead are unusual but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Banstead you must be sure that your lawyer goes through the deeds diligently. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Banstead 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.
I'm converting the mortgage on my primary property to a BTL mortgage with Clydesdale and intend to use the remaining equity as a down payment on another house. The neighborhood we are looking at is Banstead. Will your solicitors be able to act for both sets of banks and tie in the two deals?
Make use of our search tool on this page to check that the lawyers are approved by both lenders. Assuming that they are the conveyancer will be able to simultaneously deal with the two deals but you should talk with you lawyer and make apparent your expectations and requirements.
I have just appointed agents to market my 2 bed flat in Banstead. Conveyancing solicitors are to be appointed soon, however I have just received a half-yearly service charge demand – should I leave it to the buyer to sort out?
Your conveyancing lawyer is likely to suggest that you should discharge the service charge as usual as all rents and maintenance charges should be apportioned as part of the financial calculations for completion monies, so you should recover the relevant percentage by the purchaser for the period running from after the completion date to the subsequent invoice date. Most management companies will not acknowledge the buyer unless the service charges have been paid and are up to date, so it is important for both buyer and seller for the seller to show that they are up to date. Having a clear account will assist your cause and will leave you no worse off financially.
Following years of dialogue we cannot agree with our landlord on how much the lease extension should cost for our flat in Banstead. Does the Leasehold Valuation Tribunal have jurisdiction to calculate the appropriate figures?
Absolutely. We are happy to put you in touch with a Banstead conveyancing firm who can help.
An example of a Lease Extension decision for a Banstead 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 unexpired lease term was 60.43 years.