My partner’s brother is a conveyancing practitioner. I hope that I will be offered mate’s rates for conveyancing, but if not, what level of costs should I be expecting for conveyancing in Lee?
It’s advisable to look for two or three conveyancing estimates. Do use our search tool on this page. Whilst fees seem to be different but the service one can expect are distinct between property lawyers as is the case with most professions.
My grandmother passed away last year and as sole heir and executor I was left the house in Lee. The house had a relatively small loan remaining of approximately £8000. I want to transfer the title deeds into my name whilst I re-mortgage to Santander, pay off the mortgage. Is this allowed?
Where you intend to refinance then Santander will require that you use a conveyancer on the Santander 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 Santander 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 Santander mortgage is registered as a charge at the Land Registry.
Should our solicitor be asking questions regarding flooding as part of the conveyancing in Lee.
The risk of flooding is if increasing concern for conveyancers dealing with homes in Lee. Some people will acquire a house in Lee, completely aware that at some time, it may be flooded. However, aside from the physical damage, where a property is at risk of flooding, it may be difficult to obtain a mortgage, satisfactory building insurance, or sell the property. There are steps that can be taken during the course of a house purchase to forewarn the buyer.
Lawyers are not qualified to give advice on flood risk, however there are a numerous searches that can be initiated by the buyer or on a buyer’s behalf which can figure out the risks in Lee. The conventional set of property information forms sent to a buyer’s lawyer (where the solicitors are adopting what is known as the Conveyancing Protocol) contains a standard question of the vendor to discover whether the premises has ever been flooded. In the event that the residence has been flooded in past which is not notified by the owner, then a buyer could bring a compensation claim as a result of such an inaccurate reply. The purchaser’s conveyancers should also commission an environmental search. This will higlight whether there is a recorded flood risk. If so, further investigations will need to be carried out.
I purchased a renovated Victorian property in Lee. Conveyancing practitioner acted for me and Nottingham Building Society. I did a free Land Registry search last week and I saw a couple of entries: the first freehold, the second leasehold under the exact same address. I thought I was buying a freehold how can I check?
You should read 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 Lee and other locations in the country and poses no real issues for owners other than when they remortgage they have to account for both freehold and leasehold interests when dealing with purchasers. You can also check the position with the conveyancing lawyer who carried out the work.
I am looking for a leasehold apartment up to £235,500 and found one near me in Lee I like with amenity areas and transport links nearby, the downside is that it's only got 49 remaining years left on the lease. I can't really find anything else in Lee in this price bracket, so just wondered if I would be making a grave error purchasing a short lease?
Should you need a home loan that many years will be a potential deal breaker. Discount the price by the anticipated lease extension will cost if not already taken into account. If the current proprietor has owned the premises for a minimum of 2 years you could ask them to start the process of the extension and pass it to you. You can add 90 years to the current lease term with a zero ground rent applied. You should consult your conveyancing lawyer concerning this.
I am thinking of appointing a conveyancing solicitor in Lee for my house move. Is there any facility to check a solicitor's record with the profession’s regulator?
Anyone can see published Solicitor Regulator Association (SRA) determinations resulting from inquisitions commenced on or after 1 January 2008. Go to Check a solicitor's record. To find records about the period before 1 January 2008, or to check a firm's history, telephone 0870 606 2555, 08.00 - 18.00 Monday, Wednesday, Thursday, Friday and 09.30 - 18.00 Tuesday. For callers outside the UK, dial +44 (0)121 329 6800. The regulator could recorded call for training purposes.