Me and my partner are buying a house in Mayfair. It might be a silly question but how we can trust a solicitor? At some point we have to send our life savings into their account. What is the protection we have from them run away with our money?
Be assured that all money in a Solicitors client account is 100% safe, and even if your Solicitor ran off with it, the Law Society would reimburse you fully.
We are planning to move house in March. Will my conveyancing solicitor update the removal company on the day of completion. Incidentally, can you suggest a removal company in Mayfair. Conveyancing solicitor was chosen prior to coming across your page.
On the afternoon of completion you will need to pick up the keys from the property agent however this can only occur once the vendors conveyancers confirm to the agent that the monies to complete are in and the keys can be collected. You should tell the removal company that you are ready to move in. We are not in a position to recommend a particular removal organisation but can help you find a residential property solicitor in Mayfair or a firm that specialises in conveyancing in Mayfair.
I am the single beneficiary of my late father’s will with all property in now in my sole name, including the house in Mayfair. The Mayfair property was put into my name in January. I want to move. I understand that there is a Mortgage Lenders six month 'rule', meaning my property ownership will be considered the same way as though I had purchased the house in January. Do I have to wait 6 months to sell?
The Council of Mortgage Lenders’ handbook obliges solicitors to: "report to us immediately if the owner or registered proprietor has been registered for less than six months." Technically you might be caught by that. How sensible a view banks take of it, depend on the bank as this provision is primarily there to identify the purchase and immediately sell or the quick reselling of property.
We are purchasing a property and the lawyer has mentioned Chancel Repair to which the house could be obligated to contribute to as it falls into the area of such a church. She has mentioned insurance. Is this really necessary for conveyancing in Mayfair
Unless a previous acquisition of the premises completed post 12 October 2013 you could assume that solicitors conducting conveyancing in Mayfair to continue to propose a a chancel search and or chancel repair liability insurance.
I am buying a new build apartment in Mayfair. Conveyancing is a frightening process 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 legal work.
Here is a sample of a selection of leasehold new build questions that you should expect your new-build leasehold conveyancing in Mayfair
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There must be mutual enforceability of lessee’s covenants. 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. The Vendor must covenant to keep unoccupied units in good repair until long leases are granted therefore. Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents. The Lease must contain a provision on behalf of the Vendor to pay the service charges in respect of unoccupied units in order to ensure that all services can be provided.
I've recently found out that there is a flying freehold element on a property I have offered on last month in what should have been a simple, chain free conveyancing. Mayfair is where the house is located. Can you offer any opinion?
Flying freeholds in Mayfair are unusual but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Mayfair you would need to get your solicitor to go through the deeds thoroughly. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Mayfair may decide 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 residence.
How difficult is it to change solicitor as I need to find one who is on the HSBC Bank conveyancing panel. I hired a family conveyancing solicitor in Mayfair five minutes from me but the firm is not approved by HSBC Bank
We will our best to assist in finding you a conveyancing solicitor in Mayfair on the HSBC Bank panel. Please note that the property lawyers that we list do not pay us fee if you instruct them and are fully regulated by the Solicitors Regulation Authority who regulate all conveyancing solicitors in Mayfair. In utilising the find a conveyancing solicitor tool on this site, you can compare and instruct different solicitors and conveyancers both nationally and in Mayfair.
In my capacity as executor for the will of my aunt I am selling a house in Monmouth but live in Mayfair. My lawyer (based 250 kilometers awayhas requested that I sign a statutory declaration prior to completion. Could you suggest a conveyancing solicitor in Mayfair to attest and place their company stamp on the document?
Technically speaking you are unlikely to be required to have the documents witnessed by a conveyancing solicitor. Ordinarily or notary public or qualified solicitor will suffice regardless of whether they are located in Mayfair