After what seems like an age a loan agreement from NatWest for the remortgage of my 4 room maisonette is to be issued imminently. Are you able to propose a cheap conveyancing lawyer in Croydon?
You are on the wrong site if you are seeking cut-price fees for conveyancing in Croydon. We can offer you value for money conveyancing but we do not aim to advertise as being the cheapest. Avoid the trap of appointing organisations offering £100 conveyancing in Croydon. Optimistically, in choosing a lawyer for cheap conveyancing, you will end up with what you pay for and at worst it will result in you with a hefty uplift in extras and still not receive the service expected.
Me and my brother purchased a 4 bedroom Victorian property in Croydon. Conveyancing solicitor acted for me and Clydesdale. I did a free Land Registry search last week and there are two entries: the first freehold, another for leasehold with the matching address. I thought I was buying a freehold how can I check?
You should review the Freehold register you have again and check the Charges Register for mention of a lease. The best way to be sure that you are also the registered proprietor of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Croydon and other locations in the country and poses no real issues for owners other than when they buy they have to account for both freehold and leasehold interests when dealing with purchasers. You can also question the position with your conveyancing solicitor who conducted the purchase.
I am purchasing my first flat in Croydon benefiting from help to buy. The developers would not reduce the price so I negotiated five thousand pounds worth of extras instead. The sale representative suggested that I not to tell my solicitor about this deal as it could put at risk my mortgage with the lender. Is this normal?.
All lenders require a Disclosure of Incentives Form from the developer of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.
Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.
Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.
Over the last few months I have been searching for a flat up to £305k and found one round the corner in Croydon I like with open areas and station in the vicinity, the downside is that it's only got 61 remaining years left on the lease. I can't really find anything else in Croydon in this price bracket, so just wondered if I would be making a grave error buying a lease with such few years left?
Should you need a home loan the shortness of the lease may be a potential deal breaker. Reduce the offer by the anticipated lease extension will cost if not already taken into account. If the existing proprietor has owned the premises for a minimum of 2 years you may request that they start the process of the extension and pass it to you. You can add 90 years to the existing lease with a zero ground rent applied. You should speak to your conveyancing solicitor concerning this matter.
We are 14 days into a leasehold purchase having been directed to solicitors by the high street agent to handle our conveyancing in Croydon. I am am very dissatisfied with the quality of service. Can you help me find new lawyers?
They would need to be very bad in order to consider diss instructing them. Has your mortgage been sent? If so you need to make them aware of the new solicitor and ensure the loan are re-sent. The solicitor ideally needs to be on the banks panel to avoid supplemental fees and delays. So that should be your first question of the new lawyers. The search tool can help you find a bank approved conveyancer for your conveyancing in Croydon
My mother completed her conveyancing in Croydon in 2006. She has since got married, divorced and is now remarried. She intends to market the house next summer. I believe she will just be requested to provide a copy of her marriage papers to the conveyancer however she is anxious it could frustrate the conveyancing. Should she appoint a conveyancing practitioner to update the land title details for the property?
It is not absolutely necessary to bring up to date the register providing you have the evidence required to show how the name change resulted.
The buyer’s property lawyer will check the registered entries and ask for evidence to establish the change of name e.g. marriage documentation.