My wife and I are about to complete buying a property in Oxted but as a consequence of wreckage from a small fire at the property I have was able negotiate recompense from the owner of £3k by way of a adjustment in the price. I had intended this to be addressed as part of the conveyancing process but Lloyds will not permit this. Why were they informed?
The solicitor being on a Lloyds approved list is obliged to advise Lloyds of any variations to the purchase price. If you were to refuse your solicitor to disclose the price change to Lloyds then they would have to discontinue acting for you. In addition, Lloyds and you would have to appoint a new property lawyer for your conveyancing in Oxted.
I am buying a right to buy a flat in Oxted. Conveyancing solicitors are said to be ‘a necessary evil’ but can I do it myself?
Leaving aside the complexities and merits of DIY conveyancing in Oxted you will have to appoint a solicitor on your mortgage company's conveyancing panel to look after their interests. Most people therefore find it easier to let the solicitor act for them and the lender. Furthermore there is minimal cost savings to be made in you doing conveyancing for yourself and another lawyer conducting the conveyancing for the lender. Please feel free to use the search tool to find a lawyer on your lender panel in Oxted.
It has been 3 months since my purchase conveyancing in Oxted concluded. I have checked the Land Registry site which shows that I paid £150,000 when infact I paid £215,000. 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 premises 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.
How does conveyancing in Oxted differ for newly converted properties?
Most buyers of new build or newly converted property in Oxted come to us having been asked by the builder to sign contracts and commit to the purchase even before the property is completed. This is because house builders in Oxted typically acquire the land, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct property lawyers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are used to new build conveyancing in Oxted or who has acted in the same development.
I need to retain a conveyancing solicitor for residential conveyancing in Oxted. I've discover a web site which looks to be the perfect offering If it is possible to get all this stuff completed via web that would be ideal. Do I need to be wary? What should out be looking out for?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?
My wife and I have recently appointed a conveyancing solicitor in Oxted. I I would like to check if they are listed on the lender's approved list of lawyers. Can you assist?
It’s a good idea contact your conveyancer to enquire if they are on the bank's approved list. If that does not help call us and we can investigate and revert. Should the firm not be on the lender panel we can certainly arrange a specialist conveyancing solicitor in Oxted on the panel for your lender.