It is 10 years ago since I acquired my house in Dorking. Conveyancing solicitors have just been instructed on the sale but I can't locate my deeds. Is this a major issue?
You need not be too concerned. Firstly the deeds may be with your lender or they may still be with the lawyers who oversaw the purchase. Secondly in most cases the title will be registered at the land registry and you will be able to prove you own the property by your conveyancing lawyers acquiring current official copies of the land registers. Most conveyancing in Dorking involves registered property but in the unlikely event that your home is not registered it is more tricky but is resolvable.
What is the best way to find out if the solicitor conducting my conveyancing in Dorking is on the mortgage lender’sapproved panel? I am looking to avoid the situation of having one lawyer for me and one for Alliance & Leicester thus spending £187.00 plus VAT in additional legal invoice.
Feel free to make the most of the search tool on this page. Pick the lender and type ‘Dorking’ or your preferred area and you will discover a number of lawyer offices in Dorking or near you.
Me and my partner are buying a house in Dorking. I might seem paranoid but how we can trust a lawyer? On the day of competition we have to put our life savings into their account. What is the protection we have from them run away with our money?
Be assured that all money in a Solicitors client account is 100% safe, and even if your Solicitor ran off with it, the Law Society would reimburse you fully.
We previously appointed conveyancers with offices in Dorking on the Coventry BS solicitor panel. They are now charging me a separate amount for handling the Coventry BS mortgage. Is this a supplemental conveyancing fee specified by Coventry BS?
As unfair as it may seem, as long as it’s in their Terms of Engagement or Quote then yes your conveyancer can charge a fee for this. This fee is not set by Coventry BS but by your Dorking conveyancing practitioner. Numerous firms on the Coventry BS panel will levy ’dealing with mortgage’ fee but plenty of practices include it on their overall fee.
Skipton have agreed my home loan in principle, my offer on a property in Dorking has been accepted, what are the next steps?
Your property agent will wish to be advised as to your property lawyer's details (make sure the conveyancing practitioners are on the bank’s approved list). Contact Skipton or the financial adviser and complete any outstanding paperwork. Skipton will appoint a valuer who will get in contact with the estate agent or seller to schedule an appointment. Once carried out (assuming no problems) it takes approximately a week to get a mortgage offer. Skipton will send the offer to you and your property lawyers. The transaction will then take it’s course according the nature and complexity of the conveyancing in Dorking.
Taking into account that I am about to spend hundreds of thousands of pounds on 3 bedroom house in Dorking I would like to have a conversation with the solicitor about myconveyancing in advance of giving the go ahead to the firm. Can this be arranged?
We could not agree more - it is our preference to talk to you we do not take any clients on without you liaising with the lawyer who will be carrying out your property ownership legalities in Dorking.There is no ‘factory style conveyancing’ - every client is unique person, not a matter reference. The solicitors that we put you in touch with believe that the figure you are quoted for residential conveyancing in Dorking should be the figure that you are charged.
What are the common deficiencies that you see in leases for Dorking properties?
Leasehold conveyancing in Dorking is not unique. All leases are unique and drafting errors can sometimes mean that certain sections are not included. The following missing provisions could result in a defective lease:
-
A provision to repair to or maintain parts of the property A provision for the recovery of money spent for the benefit of another party.
You may have difficulties when selling your property if you have a defective lease as they can affect a potential buyer’s ability to obtain a mortgage. Nationwide Building Society, Virgin Money, and Alliance & Leicester all have express conveyancing instructions when it comes to what is expected in a lease. If a mortgage lender believes that the lease is problematic they may refuse to grant the mortgage, forcing the purchaser to pull out.
I own a ground floor flat in Dorking, conveyancing having been completed half a dozen years ago. Can you let me have an estimate of the premium that my landlord can legally expect in return for granting a renewal of my lease? Corresponding flats in Dorking with an extended lease are worth £186,000. The average or mid-range amount of ground rent is £55 per annum. The lease finishes on 21st October 2077
With just 52 years left to run we estimate the premium for your lease extension to span between £29,500 and £34,000 as well as legals.
The figure above a general guide to costs for renewing a lease, but we cannot give you the actual costs without more comprehensive investigations. You should not use the figures in tribunal or court proceedings. There may be additional concerns that need to be considered and you obviously should be as accurate as possible in your negotiations. You should not take any other action placing reliance on this information without first getting professional advice.
My estate agent has suggested using their lawyer for my conveyancing in Dorking - Is it not simpler easier to just use them?
It is worth checking if the estate agent is recommending a solicitor or introducing to a lawyer. There are plenty of Dorking estate agents who recommend two or three Dorking conveyancing firms purely based on those lawyers offering a great service.