Me and my fiancee are purchasing our first property. Our solicitor has e-mailedto see if we would like to order supplemental conveyancing searches. We are really unsure what's relevant for conveyancing in South Harrow
The extent of South Harrow conveyancing searches depends entirely on the premises, the location, the probability of any of these risks, your familiarity of the region and risks, your general appetite to risk. What is important is that you adequately comprehend what information each search could provide. You may then make a decision if you consider that you need that information. Where you are unsure, ask your property lawyer to guide you.
I have an AIP. The lender mentioned the loan came with free conveyancing. Does this mean I have to appoint their panel lawyer as I would much rather instruct a specialised conveyancing solicitor in South Harrow?
You should check but the the probability is that allocate you one of their panel lawyers should you accept the "fee-free" offer. Speak to the mortgage company to see if they allow a cash alternative. It is not unheard for a lender to give a £250 cashback as a further option in which case that money can go towards the cost for your conveyancing solicitor in South Harrow.
What is the difference between a licensed conveyancer and conveyancing solicitor in South Harrow
There are many registered licenced Conveyancers in South Harrow and Solicitor practices in South Harrow who provide Conveyancing services It is important to make clear that both are supervised by regulatory bodies with both specialising in the legal aspects of transferring property. Both can conduct other property legal work such as remortgage conveyancing, lease extensions and transfer of equity conveyancing.
I currently have a mortgage with Kent Reliance for my property in South Harrow. Conveyancing has been completed 12 months ago. If I am intending to rent out my property and do not currently have a buy-to-let mortgage do I need to remortgage to a buy-to-let mortgage or inform Kent Reliance?
Your original mortgage agreement with Kent Reliance will provide that you need their approval before renting your property as this is likely to be a breach of Kent Reliance’s mortgage conditions. In many cases banks or building societies will allow you to rent 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 Kent Reliance directly. It should not be necessary to do this via a Kent Reliance conveyancing panel solicitor.
I recently had an offer accepted on an apartment in South Harrow. My mortgage broker suggested a property lawyer. I paid an advanced payment of £200. Soon after, the lawyer contacted me sheepishly admitting that they were not on the Coventry BS conveyancing panel. Am I right in thinking that I should be due a refund?
You should be able to recover this from the law firm if they were not on the Coventry BS panel. They should have asked at the outset which lender you were obtaining a mortgage with. An important lesson to readers of this site is to check that the lawyers are on the appropriate lender panel.
Yesterday I discovered that there is a flying freehold element on a property I have offered on two weeks back in what was supposed to be a straight forward, no chain conveyancing. South Harrow is where the house is located. Can you offer any guidance?
Flying freeholds in South Harrow are not the norm but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside South Harrow 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 South Harrow may ascertain 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 premises.
I am looking to sell my home. My previous conveyancers closed down. It would be helpful to have a recommendation of a conveyancing firm. Im based in South Harrow if that makes things easier.
You should use our search tool to help you choose a solicitor for your conveyancing in South Harrow. We have connected thousands of home buyers and sellers with regulated solicitors to ensure that the legalities of their house move goes smoothly.
My fiance is purchasing a shared ownership flat in South Harrow. He was given a quote by the lawyer connected to the estate agents and it came to £1245 . It was fifteen years ago I sold and purchased a property and the fee was £500. Have costs really escalated to that extent?
We would recommend that you visit 3 or 4 local South Harrow conveyancing solicitors requesting estimates. You should base your decision not only on cost, but on promptness and on how comprehensive the response was.