Having been told to check out your company we were going to appoint conveyancing solicitor in East Croydon listed using your comparison tool but stumbled across some other costs illustrations via the web look less expensive – why is this?
One can find a variety of conveyancing organisations offering at first sight what seems to be cut price. We suggest that you think long and hard as to how important this transaction is to you that you are willing to take 'cheap' risks concerning the quality of the legal work. Many of them highlight a low fee to tempt you but hide additional fees in the fine print..
My wife and I purchased a renovated Edwardian property in East Croydon. Conveyancing practitioner acted for me and Yorkshire Building Society. I happened to do a free search for it on the Land Registry database and I saw two entries: one for freehold, the second leasehold under the matching address. Is it worth asking Yorkshire Building Society to clarify?
You should assess the Freehold register you have again and check the Charges Register as there may be 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 East Croydon and other areas of 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 mortgage companies. You can also enquire as to the situation with your conveyancing solicitor who completed the work.
How does conveyancing in East Croydon differ for newly converted properties?
Most buyers of new build property in East Croydon contact us having been asked by the housebuilder to exchange contracts and commit to the purchase even before the residence is constructed. This is because house builders in East Croydon tend to purchase the land, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancing solicitors as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are accustomed to new build conveyancing in East Croydon or who has acted in the same development.
Yesterday I discovered that there is a flying freehold element on a property I put an offer in last month in what should have been a simple, chain free conveyancing. East Croydon is the location of the property. Is there any guidance you can impart?
Flying freeholds in East Croydon are unusual but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in East Croydon you would need to get your solicitor to go through the deeds very carefully. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in East Croydon may ascertain 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 property.
I'm converting the mortgage on my current house to a buy to let mortgage with Platform Home Loans Ltd and I will use the ballance of the raised equity as a down payment on another house. The neighborhood we are interested in is East Croydon. Will your conveyancers be able to act for the two lenders and link together the transactions?
Do use our search tool on this site to ensure that the solicitors are approved by both lenders. On the basis that they are your conveyancer will be able to connect the two transactions but you should have a chat with you lawyer and communicate your desired outcome and needs.
As co-executor for the will of my grandmother I am disposing of a property in Cardiff but I am based in East Croydon. My lawyer (based 250 kilometers from meneeds me to execute a statutory declaration prior to completion. Could you suggest a conveyancing solicitor in East Croydon to attest this legal document for me?
strictly speaking you are unlikely to be required to have the documents witnessed by a conveyancing solicitor. Ordinarily any notary public or solicitor will be fine regardless of whether they are East Croydon based