Willretaining a Merton conveyancing lawyer make the legal process smoother?
Merton is a unique place, where local insight helps. The laid-back lifestyle has it’s attractions – just not for your home move. The solicitors that we recommend combine well rounded Merton know how with a positive, can doapproach that ensures the conveyancing to progress actively engaging with all parties thus reducing the scope for delays. It is a definite plus that they benefit from established rapport with financial advisers, local authorities, surveyors and counterpart Merton conveyancing solicitors
I am need of leasehold conveyancing for an apartment in a relatively new development (6 years built) in Merton. 95% of the properties have already been occupied. Is it really necessary to order local searches for my conveyancing in Merton?
You are taking a significant risk in refusing to carrying out Merton conveyancing searches. Without searches you have no clarity over flooding, environmental etc which may mean you walk away due to potential problems down the line. If you are buying mortgage free there is no legal requirement to have them, but we would strongly advise in the strongest possible terms that you have them. If accelerating the process and driving down costs are top of your issues you should consider with your solicitor about the viability of search insurance
We had selected conveyancers locally in Merton on the Coventry BS solicitor panel. They have just billed me a further amount for dealing with the Coventry BS mortgage. Is this an additional conveyancing fee set by Coventry BS?
Unfortunately, as long as it is in their Terms of Engagement or estimate then yes your conveyancing practitioner can levy a fee for this. The fee is not dictated by Coventry BS but by your Merton solicitor. Some firms on the Coventry BS panel will quote ’dealing with mortgage’ fee but many firms incorporate it on their overall fee.
I am currently in the process of buying my council flat in Merton. I have a mortgage offer with Coventry BS. Conveyancing is new to me. Can I proceed without a solicitor easily? I think we can but we keep being told I should use 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 Coventry BS, you will need to appoint a solicitor on the Coventry BS conveyancing panel.
Aldermore have agreed my home loan in principle, my bid on a flat in Merton has been agreed to, what are the next steps?
Your property agent will wish to know who your solicitors are (ensure that the conveyancing practitioners are on the lender’s approved list). Call up Aldermore or your financial adviser and complete any relevant forms. Aldermore will appoint a valuer who will get in contact with the selling agent or vendor to arrange a slot for the valuation to happen. Once carried out (assuming no problems) it takes approximately a fortnight to receive the mortgage offer. Aldermore will send the offer to you and your conveyancing practitioners. The legal work will then take it’s course according the nature and complexity of the conveyancing in Merton.
3 months have elapsed following my purchase conveyancing in Merton completed. I have checked the Land Registry site which shows that I paid £175,000 when infact I paid £180,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the property from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
Due to the encouragement of my in-laws I had a survey completed on a house in Merton in advance of appointing lawyers. I have been informed that there is a flying freehold aspect to the property. The surveyor advised that some lenders may refuse to issue a mortgage on such a home.
It varies from the lender to lender. HSBC has different instructions from Halifax. Should you wish to telephone us we can check with the appropriate mortgage company. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Merton. Conveyancing may be slightly more expensive based on your lender's requirements.
What does commercial conveyancing in Merton cover?
Merton conveyancing for business premises covers a wide range of advice, given by regulated solicitors, relating to business property. By way of example, this area of conveyancing can cover the sale or purchase of freehold business premises or, more commonly, 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 tenancies.