We are acquiring our first home. The solicitor has contact usto see if we wish to purchase extra conveyancing searches. We are really unsure what's recommended for conveyancing in Chessington
The quantity and type of Chessington conveyancing searches depends entirely on the premises, the location, the probability of any of these risks, your familiarity of the locality and risks, your overall approach to risk. What matters is that you properly comprehend what information each search could supply. You may then make a decision if you personally think you need that search. If unsure, ask the conveyancer to guide you.
After scouring consumer advice sites for an affordable solicitor in Chessington, many say that I should use a CQS accredited lawyer. Can you explain what CQS is?
The Law Society's Conveyancing Quality Scheme is the recognised quality mark for legal experts in home ownership transfers, trusted by some of the UK's biggest mortgage companies. Four years ago the Conveyancing Quality Scheme was officially recognised by the Legal Ombudsman. CQS is not a scheme offered by the Council of Licensed Conveyancing. Chessington is one of the numerous areas of the UK where there are Accredited solicitors.
I am planning to move house in July. Does my conveyancing solicitor communicate with the removal company on the day of completion. Incidentally, can you put forward a removal company in Chessington. Conveyancing solicitor was organised prior to coming across this page.
On the afternoon of completion you can pick up the keys from the selling agent but this can only occur once the sellers conveyancers advise the agent that the monies to complete are in and the keys can be given over. Subsequently you should inform the removal company that you are ready to move in. We do not suggest a specific removal company but can assist you in finding a conveyancing in Chessington or a legal practice with expertise in conveyancing in Chessington.
I have today made my last payment due on my mortgage with Coventry BS. I assume I don't need a Chessington property lawyer on the Coventry BS panel to discharge the mortgage at the Land Registry. Please confirm.
If you have finished paying off your Coventry BS 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 Coventry BS mortgage from the register. Coventry BS, 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 Coventry BS has sent the Land Registry the discharge electronically, and
- Coventry BS has instructed the Land Registry to do so
I have a mortgage with Yorkshire BS for my property in Chessington. Conveyancing was finalised months ago. If I am intending to rent out the flat and do not currently have a buy-to-let mortgage do I need to remortgage to a BTL mortgage or inform Yorkshire BS?
Your original mortgage agreement with Yorkshire BS will provide that you need their approval in advance of renting your property as this is likely to be a breach of Yorkshire BS’s mortgage conditions. It may be that Yorkshire BS will allow you to rent out your former home without needing to switch to a buy-to-let mortgage but some lenders will add a surcharge to your mortgage rate to reflect the higher risk. You should contact Yorkshire BS directly. You need not do this via a Yorkshire BS conveyancing panel firm.
Are there restrictive covenants that are commonly identified as part of conveyancing in Chessington?
Covenants that are restrictive in nature can be picked up when reviewing land registry title as part of the legal transfer of property in Chessington. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
I have been on the look out for a flat up to £245,000 and found one round the corner in Chessington I like with a park and railway links nearby, the downside is that it only has 52 years unexpired on the lease. There is not much else in Chessington for this price, so just wondered if I would be making a grave error buying a short lease?
If you need a home loan that many years will be a potential deal breaker. Discount the offer by the expected lease extension will cost if it has not already been discounted. If the current proprietor has owned the property for at least twenty four months you could ask them to start the process of the extension and then assign it to you. An additional ninety years can be extended on to the current lease term with a zero ground rent applied. You should consult your conveyancing lawyer about this matter.
I'm remortgaging my existing home to a BTL mortgage with The Royal Bank of Scotland and I will use the ballance of the raised equity as a deposit on further house. The location we are talking about is Chessington. Will your lawyers be able to act for both sets of banks and tie in the conveyances?
Make use of our comparison tool on this site to be sure that the conveyancers are on the appropriate lender panels. Having checked that they are the lawyer should be able to tie up the two deals but you should talk with you lawyer and communicate your desired outcome and requirements.