Can conveyancing in Shepperton to be done within 3 weeks?
First, If you are under a tight deadline for your conveyancing we would recommend that your solicitor is familiar with the area as they will make use of local connections and intelligence. It is even conceivable that they may have handled previoushomes in the same street. Therefore consider using a Shepperton conveyancing firm. In addition, make sure that the lawyer is on the lender panel. It is understood that nearly one in five of Shepperton conveyancing transactions are delayed or derailed after discovering a purchaser’s lawyer was not on their mortgage lender’s panel. In many cases this discovery resulted in the conveyancing being frustrated by an average of three weeks. It is said that this issue affects approximately one hundred thousand home sales annually. Most Shepperton conveyancing firms can not represent certain banks so do check as early as possible.
I own a freehold property in Shepperton yet invoiced for rent, why is this and what is this?
It is rare for properties in Shepperton and has limited impact for conveyancing in Shepperton but some freehold properties in England (particularly common in North West England) pay an annual sum known as a Chief Rent or a Rentcharge to a third party who has no other legal interest in the land.
Rentcharge payments are usually between £2.00 and £5.00 per year. Rentcharges have existed for many centuries, but the Rent Charge Act 1977 barred the creation of fresh rentcharges from 1977 onwards.
Old rentcharges can now be redeemed by making a lump sum payment under the Act. Any rentcharges that are still in existence post 2037 will be dispensed with completely.
We had selected conveyancing lawyers located in Shepperton on the Santander solicitor approved list. They are now charging me a further sum for handling the Santander mortgage. Is this an additional conveyancing fee specified by Santander?
Unfortunately, as long as it is in their Terms and Conditions or estimate then yes your lawyer is entitled to levy a fee for this. This fee is not dictated by Santander but by your Shepperton property lawyer. Some firms on the Santander panel will levy an ‘acting for lender’ fee but many firms incorporate it on their overall fee.
We expect to receive a OIP from Nationwide this week so we can work out what to offer on a property we like as otherwise we only have online calculators to go by (which aren't taking into account credit checks etc). Do Nationwide recommend any Shepperton solicitors on the Nationwide conveyancing panel, or is it better to find our own lawyer?
You will need to appoint Shepperton solicitors independently although you'll need to choose one on the Nationwide conveyancing panel. The solicitor represents both you and Nationwide through the process.
I currently have a mortgage with Skipton for my property in Shepperton. Conveyancing was finalised months ago. If I am intending to rent out the flat and do not currently have a buy-to-let mortgage do I need to remortgage to a BTL mortgage or inform Skipton?
You must advise Skipton before letting out your property as this is likely to be a breach of Skipton’s mortgage conditions. In many cases banks or building societies will permit you to let out your former home without needing to switch to a buy-to-let mortgage but some lenders will add a surcharge to your mortgage rate to reflect the higher risk. You should contact Skipton directly. It should not be necessary to do this via a Skipton conveyancing panel firm.
Are there any apps to help identify a Shepperton law firm on the Clydesdale conveyancing panel? I have wheels and am willing to travel upto 25miles to meet the solicitor.
You can use the search on this website. Please pick a bank and your location and you will see a number of Shepperton conveyancing lawyers located nearest you. We have listed some Shepperton conveyancing firms towards the end of this page and you can ring them to see whether they are on the Clydesdale member panel
I need to appoint a conveyancing solicitor for leasehold conveyancing in Shepperton. I've chance upon a web site which appears to be the perfect solution If there is a chance to get all formalities done via web that would be ideal. Should I be wary? What are the potential pitfalls?
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?
Should I stop the direct debit for my mortgage with Nottingham once a completion date for my home sale in Shepperton has been set?
You would be well advised to continue paying any mortgage payments to Nottingham pending the mortgage being repaid out of the proceeds of sale as part of your Shepperton conveyancing.