The solicitor who dealt with my former purchase has quoted £1350 for no sale no fee conveyancing in Fairlop. I’m looking to sell a modern property for £200,000. Is this over the top? Is it in excess of the norm for conveyancing in Fairlop?
The estimate does seem a tad steep. If you shop around you could reduce the fees slightly by as much as £100 plus VAT. That being said, you couldcome to regret opting for an a cheaper conveyancer. If is important to enquire the firm can represent your lender. Do utilise our search tool to select a Fairlop conveyancing practice on the banks approved list of lawyers which can often include conveyancing solicitors in Fairlop.
Me and my partner are due to exchange on the purchase of a property in Fairlop but as a result of damage from the recent storms I have was able negotiate recompense from the vendor of £3k in the form of a deduction in the price. This was going to be dealt with as part of the conveyancing process but Kent Reliance are not allowing this. Why were they involved?
The conveyancer that is on the Kent Reliance approved list is obliged to advise Kent Reliance of any amendments to the sale price. If you were to refuse your lawyer to report the price change to Kent Reliance then they would have to discontinue acting for you. In addition, Kent Reliance and you would have to appoint a new property lawyer for your conveyancing in Fairlop.
My aunt passed away last year and as sole heir and executor I was left the property in Fairlop. The house had a relatively small loan remaining of approximately £8000. I want to have the title changed into my name whilst I re-mortgage to Kent Reliance, pay off the mortgage. Is this allowed?
Where you plan to refinance then Kent Reliance will require that you use a conveyancer on the Kent Reliance conveyancing panel. Here is link to the Land Registry online guidance around what to do when a property owner dies. This will help you to understand the registration process behind changing the details re the registered title. in your case it would appear that you are effectively purchasing the property from the estate. Your Kent Reliance conveyancing panel solicitor pays the new mortgage money into the estate, the estate pays off the old mortgage, the charge is released and you become the owner and the Kent Reliance mortgage is registered as a charge at the Land Registry.
I just acquired a house at auction in Fairlop. Conveyancing is necessary. What happens now?
Having to all intents and purposes signed on the dotted line you must find a conveyancing lawyer quickly as you now have a pending a drop dead date to complete the deal. All auction property should have a corresponding auction set of papers. This will likely include most,if not all of the documents that your solicitor requires. If you have purchased leasehold premises the legal papers may include a copy of the lease, management information and a sellers leasehold information form and other conveyancing paperwork pertinent to a leasehold property. You must give this to your appointed conveyancing solicitor at the earliest opportunity. Do make sure that your finances are organised to complete on the date specified in the contract.
I'm the only recipient of my late mum's estate with all property in now in my sole name, including the house in Fairlop. Conveyancing formalities meant that the Land Registry date was in October. I now wish to sell up. I do know about the CML six month 'rule', which means that my property ownership could be considered the same way as if I'd bought the property in October. Do I have to wait half a year to sell?
The Council of Mortgage Lenders’ handbook instructs solicitors to: "report to us immediately if the owner or registered proprietor has been registered for less than six months." Technically you might be affected by that. How sensible a view mortgage companies take of it, depend on the bank as this requirement is chiefly there to identify subsales or the quick reselling of property.
I am currently in the process of buying my council flat in Fairlop. I have a mortgage offer with Virgin Money. Conveyancing is not something I have any knowledge of. Can I proceed without a solicitor easily? I think we can but we keep being told I should have one. Any advice?
It is not advisable to proceed with a house purchase without a solicitor. The council's solicitor are not acting for you. You need a solicitor for a number reasons. One of which is to verify what plans the Council have for repairs and refurbishment for the next five years. Many leaseholders have been stung for contributions of thousands of pounds. In any event, if you are getting a mortgage with Virgin Money, you will need to appoint a solicitor on the Virgin Money conveyancing panel.
Despite weeks of looking the Title Certificate and documents to our house can not be found. The conveyancers who conducted the conveyancing in Fairlop 4 years ago have long since closed. Will I be able to sell the house?
Assuming you have a registered title the information relating to your ownership will be evidenced by the Land Registry with a Title Number. It is possible to execute a search at the Land Registry, find your house and obtain up to date copies of the Registered Entries for a small fee. If the property is Leasehold then the Land Registry will in most cases retain a file copy of the Registered Lease and again, a copy can be retrieved for a small fee.
What do I do if I am not happy with the property lawyer who handled our conveyancing in Fairlop?
Occasionally the level of service you receive is not as you expect, and is is a fact of life that occasionally things do go wrong. That being said there is recourse if you were not happy with your conveyancing in Fairlop. This varies from trying to resolve matters directly with them, through to reporting a solicitor to their regulator. If things still aren’t sorted out you may consider getting in touch with the Legal Ombudsman.