I am buying a semi-detached house in Beddington South. How practical is it for me to do the conveyancing?
Leaving aside the complexities and merits of DIY conveyancing in Beddington South you will have to appoint a solicitor on your mortgage company's conveyancing panel to look after their interests. Most people therefore find it easier to let the solicitor act for them and the lender. Furthermore there is minimal cost savings to be made in you doing conveyancing for yourself and another lawyer conducting the conveyancing for the lender. Please feel free to use the search tool to find a lawyer on your lender panel in Beddington South.
What is your number one tip for finding a conveyancing solicitor in Beddington South
It would be unwise to be tempted by the lowest Beddington South conveyancing costs illustration. You really do get what you pay for when it comes to property lawyers. A cheap quote may mean that the conveyancing solicitor is handling a lot of jobs at one time and you won’t get the quality of service and the attention that you need. It is, however, wise to use a conveyancer who has a fixed fee on a no sale, no fee basis. This way, you go into the conveyancing with your eyes wide open.
We are aiming to move house in June. Does my conveyancing solicitor communicate with the removal company on the day of completion. As an aside, can you put forward a removal company in Beddington South. Conveyancing lawyer was organised before I stumbled across your page.
On the day of completion you will need to pick up the keys from the property agent but this should only be done once the sellers solicitors confirm to the agent that the monies to complete are in and the keys can be collected. You should advise the removal company that they can start moving you in. We do not recommend a specific removal company but can help you find a residential property solicitor in Beddington South or a legal practice with expertise in conveyancing in Beddington South.
I have paid off my mortgage with Nottingham. I assume I don't need a Beddington South conveyancing practitioner on the Nottingham panel to remove the mortgage at the Land Registry. Am I right?
If you have finished paying off your Nottingham mortgage, they may send you evidence showing that you have paid it off. Alternatively they may notify the Land Registry directly. The Land Registry need to see this evidence before they will remove the Nottingham mortgage from the register. Nottingham, and any evidence they send you, will determine the action you need to take. In cases where no conveyancer is acting for you and you have paid off your mortgage:
- but are not moving to another property
- where Nottingham has sent the Land Registry the discharge electronically, and
- Nottingham has instructed the Land Registry to do so
We are planning on selling our house in Beddington South and the buyers lawyers are claiming that there is a possibility that the property was built land that was not decontaminated. A local lawyer would know that there is no such problem. For the life of me I don't know why the buyers instructed a national conveyancing outfit as opposed to a conveyancing solicitor in Beddington South. Having lived in Beddington South for 4 years we know that this is a non issue. Should we contact our local Authority to obtain confirmation that there is no issue.
It sounds as though you may have a conveyancing solicitor already. What do they say? You must check with your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out health insurance to cover that same illness)
I opted to have a survey carried out on a house in Beddington South ahead of retaining lawyers. I have been advised that there is a flying freehold overhang to the property. Our surveyor has said that some banks will refuse to issue a mortgage on a flying freehold home.
It varies from the lender to lender. Lloyds has different instructions from Halifax. If you call us we can look into this further with the appropriate mortgage company. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Beddington South. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Beddington South to see if the conveyancing costs will increase in light of this.
What does commercial conveyancing in Beddington South cover?
Non domestic conveyancing in Beddington South incorporates a broad range of guidance, supplied by qualified solicitors, relating to business property. For instance, this type of conveyancing can cover the sale or purchase of freehold business premises or, more commonly, the assignment of existing business tenancies or the drafting of new leasing arrangements. Commercial conveyancing solicitors can also offer advice on the sale of business assets, commercial mortgages and the termination of tenancies.
We own a leasehold flat in Beddington South. Conveyancing was finished in five years ago. I have been told that I mustn’t let the the remaining lease term to fall too short. Why is that a problem?
Beddington South residential long term leases are for a fixed term - normally ninety nine years when they started. However many appartments in Beddington South were constructed or converted 25 or more years ago and so such leases now have under 80 years unexpired. That may seem like plenty of time but Banks, Building Societies and other mortgage lenders tend to need leases to have a minimum of seventy five years left to be mortgageable. This means that when you come to sell the property you will need a lease extension if you are nearing 75 years. To increase your property value you should be considering whether or not to extend your lease long before you come to sell it. There are also significant benefits to taking action before the lease reaches even 80 years as when the lease is below eighty years the amount you have to pay to extend starts to increase.