I'm in the process of changing my existing standard loan to a BTL Virgin Money mortgage. The bank has said that I need a solicitor for this. I had a chat my previous Kingsdown conveyancing practitioner who acted on my behalf when I first acquired the premises. The costs estimate supplied of £470 has shocked me as its a remortgage than a sale or purchase.
The estimate does seem a tad overpriced. If you are willing to expend time contrasting costs you might get the conveyancing a bit cheaper by as much as £125. That being said, providing that you were satisfied with the legal work the firm offered you mightlive to rue opting for an a cheaper solicitor. If is important to enquire the solicitor can represent Virgin Money. Do utilise our search tool to choose a Kingsdown conveyancing firm on the Virgin Money approved list of lawyers, which can often include conveyancing solicitors in Kingsdown.
Our mortgage company has recommended a law firm on their panel based in Kingsdown but I would rather choose a conveyancing lawyer in Kingsdown round the corner to me. Can you assist?
Far from all Kingsdown conveyancing practitioners are approved and listed on all banks conveyancing panel. Use the above search tool to locate a Kingsdown conveyancing firm on the on the mortgage company panel.
The estate agent has sent us the confirmation of our purchase of a new build apartment in Kingsdown. Conveyancing is necessary evil at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build conveyancing.
Set out below are examples of a few leasehold new build enquiries that you may expect your new-build leasehold conveyancing in Kingsdown
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Where there is an Undertaking being granted there is the risk of forfeiture of the Headlease subject to relief if one or more of the Underlessees are willing to accept the original Head Lessee’s obligations as otherwise relief will be denied to the Underlessees. The only alternatives are the Head Lessor agreeing not to forfeit the Headlease or the Head Lessee guaranteeing to the Underlessees that it will not be in breach of the Headlease. If there are lifts in the building, please confirm that the owners of flats on the ground and basement floors will not be required to contribute towards the cost of maintenance and renewal. Please supply a car parking plan. Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents.
I opted to have a survey completed on a house in Kingsdown in advance of appointing conveyancers. I have been told that there is a flying freehold element to the house. Our surveyor advised that some lenders may refuse to issue a loan on a flying freehold home.
It depends who your proposed lender is. Lloyds has different instructions for example to Halifax. Should you wish to telephone us we can check with the appropriate bank. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Kingsdown. Conveyancing will be smoother if you use a solicitor in Kingsdown especially if they regularly deal with such properties in Kingsdown.
In my capacity as executor for the estate of my uncle I am disposing of a house in Cardiff but I am based in Kingsdown. My conveyancer (who is 260 miles awayrequires that I sign a statutory declaration ahead of the transaction finalising. Can you recommend a conveyancing solicitor in Kingsdown who can attest this legal document for me?
strictly speaking you are not likely to need to have the documents witnessed by a conveyancing solicitor. Ordinarily any notary public or qualified solicitor will be fine regardless of whether they are Kingsdown based
My solicitor in Kingsdown is asking me for proof of ID documents stating that this forms part of his retainer as a conveyancer on the lender Solicitor panel. Can this be correct?
Due to Money Laundering Regulations your conveyancing lawyer is duty bound to confirm positively your identification when entering into a business relationship with you. It is a criminal offence if your lawyer not do this. If you do not provide ID early in the transaction the solicitor must refuse to act for you. It’s unlikely a lawyer will turn you away if you come to the first meeting without relevant ID but you will have to produce it at some point so you might as well bring it with you to the initial meeting so the lawyer can tick the ID verification box and start sorting out the conveyancing straight away. If you are getting a mortgage, your lawyer also has to check ID documents to satisfy the bank. This is not unique to conveyancing in Kingsdown