At what point can the exchange of contracts occur in purchase conveyancing in Leatherhead and do I need to be at the solicitors office?
Where you are near to one of the conveyancing solicitors in Leatherhead you are invited in to sign documents. However, the firms we work with provide countrywide coverage for conveyancing and provide just as diligent and professional a job for you when dealing with you by post or email. The signing of the sale agreement is not the point of no return. Signing on the dotted line is necessary for the firm to officially exchange when the time is right, which is ordinarily shortly after signing. The procedure is nowadays normally dealt with by telephone and can be very rapid, although where a lengthy "chain" is in play, since the process requires the relevant party's solicitor (not necessarily a conveyancing solicitor in Leatherhead)to be in the office at the appropriate time.
The deeds to our property are lost. The solicitors who handled the conveyancing in Leatherhead 10 years ago have long since closed. What are my next steps?
Nowadays there are duplicates made of almost everything, and your conveyancer will know exactly where to look for all the suitable paperwork so you may buy or dispose of your house without any difficulty. Where copies can’t be located, your conveyancer can arrange cover in the form of insurance or indemnities protecting you against future claims on your premises.
I am purchasing a new build house in Leatherhead with a mortgage from Lloyds TSB Bank. The developers would not reduce the amount so I negotiated 6k of fixtures and fittings instead. The property agent advised me not disclose to my lawyer about the deal as it will impact my mortgage with the lender. Do I keep my lawyer in the dark?.
All lenders require a Disclosure of Incentives Form from the builder 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.
I decided to have a survey done on a property in Leatherhead before retaining solicitors. I have been told that there is a flying freehold overhang to the house. Our surveyor has said that some mortgage companies tend not issue a mortgage on this type of home.
It depends who your proposed lender is. Santander has different instructions from Nationwide. If you e-mail us we can check with the relevant mortgage company. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Leatherhead. Conveyancing may be slightly more expensive based on your lender's requirements.
What does commercial conveyancing in Leatherhead cover?
Leatherhead conveyancing for business premises incorporates a broad array of advice, supplied by qualified solicitors, relating to business property. For example, this area of conveyancing can cover the sale or purchase of freehold business premises or, more usually, the transfer of existing leases or the drafting of new leasing arrangements. Commercial conveyancing solicitors can also offer advice on the sale of business assets, commercial loans and the termination of leases.
Why can't I complete my conveyancing in Leatherhead on Easter Monday?
Because on completion the purchase price will pass between the banks of the purchaser and owner’s solicitor and at present this can only take place on a business day. So you can't complete on a weekend either.