My fiance’s mother is a property lawyer. I suspect that I will be offered mate’s rates for conveyancing, but if not, what kind of fees should I be paying for conveyancing in Piccadilly?
Do compare pricing. Make use of our search tool on this site. You will notice that fees do contrast greatly but service levels do differ between solicitors as is true with most professions.
In what way does my ID and proof of funds have anything to do with my conveyancing in Piccadilly? Why is this being asked of me?
It is indeed that case that these requests have nothing to do with conveyancing in Piccadilly. However these days you can not complete any conveyancing transaction without first handing over evidence of your identity. This usually takes the form of a either your passport or driving licence plus a council tax bill. Please note that if you are supplying your driving licence as proof of identification it needs to be both the paper element and photo card part, one is not acceptable in the absence of the other.
Evidence of your source of money is mandated under Money Laundering Regulations. Please do not be offended when you are asked to produce this as your lawyer must have this information on record. Your Piccadilly conveyancing solicitor will require evidence of proof of funds prior to accepting any funds from you into their client account and they should also ask additional questions regarding the source of monies.
My grandmother passed away six months ago and as sole heir and executor I was left the house in Piccadilly. The house had a relatively small loan remaining of approximately £8000. I want to have the title changed into my name whilst I re-mortgage to Nottingham, pay off the mortgage. Is this allowed?
If you plan to refinance then Nottingham will insist on your using a conveyancer on the Nottingham 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 Nottingham 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 Nottingham mortgage is registered as a charge at the Land Registry.
What will a local search reveal regarding the house my wife and I purchasing in Piccadilly?
Piccadilly conveyancing often starts with the submitting local authority searches directly from your local Authority or through a personal search company for example Searchflow The local search is essential in every Piccadilly conveyancing purchase; as long as you wish to avoid any nasty surprises after you move into your new home. The search will provide data on, amongst other things, details on planning applications relevant to the premises (whether granted or refused), building control history, any enforcement action, restrictions on permitted development, nearby road schemes, contaminated land and radon gas; in all a total of thirteen subject headings.
My wife and I own a semi-detached Edwardian property in Piccadilly. Conveyancing lawyer acted for me and The Royal Bank of Scotland. I did a free Land Registry search last week and I saw two entries: one for freehold, the second leasehold under the matching property. Is it worth asking The Royal Bank of Scotland to clarify?
You should review 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 owner of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Piccadilly 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 buyers. You can also question the position with your conveyancing solicitor who conducted the conveyancing.
Do online conveyancing organisations do everything a local Piccadilly solicitor does or do I still need to employ a solicitor for the final stages for my conveyancing in Piccadilly?
Where you instruct an online conveyancer they should undertake all the work your Piccadilly conveyancer would cover.