We note that you have a post code search directory listing law firms on the TSB conveyancing panel. Do firms pay you a referral fee if I appoint them for our own conveyancing in South Hornchurch?
We are a listing service only for law firms wishing to communicate if they are on the TSB conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in South Hornchurch.
We are buying a terrace house in South Hornchurch. Our aim is to carry out a loft conversion at the house.Will legal investigations on the property include checks to ascertain if these works are allowed?
Your solicitor should check the deeds as conveyancing in South Hornchurch will sometimes identify restrictions in the title deeds which prohibit categories of changes or need the permission of another owner. Certain additions require local authority planning permissions and approval in accordance building regulations. Some locations are designated conservation areas and special planning restrictions apply which frequently prevent or impact extensions. You should check these things with a surveyor prior to committing yourself to a purchase.
Are all South Hornchurch Conveyancing Quality Solicitors on the Nottingham conveyancing list of approved practices?
Some major lenders now make use of the accreditation scheme as the starting point for Panel approval such as HSBC and Santander. CQS membership however gives no guarantee to lender panel acceptance. Nevertheless,the CML have indicated that it is likely to become a pre-requisite for solicitors wishing to join their approved list of firms.
When it comes to mortgage companies such as Virgin Money, do South Hornchurch conveyancing practitioners face an annual charge to be on the conveyancing panel?
We are not aware of any bank fees to register on their list of approved firms, although some do charge an administration fee to deal with the processing of the conveyancing panel submission.
I have justbecome aware that Wolstenholmes have been shut down. They carried out my conveyancing in South Hornchurch for a purchase of a leasehold flat 18 months ago. How can I check that the property is not still registered in the name of the previous owner?
The quickest way to see if the premises is in your name, you can carry out a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of South Hornchurch conveyancing specialists.
How does conveyancing in South Hornchurch differ for newly converted properties?
Most buyers of new build residence in South Hornchurch approach us having been asked by the builder to exchange contracts and commit to the purchase even before the property is finished. This is because builders in South Hornchurch typically acquire the site, 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 conveyancing solicitors 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 accustomed to new build conveyancing in South Hornchurch or who has acted in the same development.
I decided to have a survey carried out on a property in South Hornchurch prior to appointing solicitors. I have been advised that there is a flying freehold overhang to the property. My surveyor advised that some mortgage companies will not grant a loan on a flying freehold property.
It depends who your proposed lender is. Santander has different requirements from Halifax. Should you wish to telephone us we can investigate further via the appropriate lender. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in South Hornchurch. Conveyancing may be slightly more expensive based on your lender's requirements.
How and when do I pay stamp duty payable for my South Hornchurch flat purchase?
Most property lawyers will complete a stamp duty return for you during your South Hornchurch purchase transaction for signature. After completion your lawyer will submit your Land Transaction application to the Tax Authorities and - assuming they have the funds - discharge any land tax liability on your behalf.