Finally the sale completed on my house in Surbiton last August but my buyer keeps telephoning me to moan that their lawyer is waiting to hear from mysolicitor. What should my lawyer have done now that I have sold?
Following your sale your solicitor is committed to forward the transfer deeds and all supplemental paperwork to the purchaser's conveyancer. Depending on the transaction, your solicitor must also evidence that the mortgage has been repaid to the buyers lawyers. There are no post completion steps specific conveyancing in Surbiton.
Despite weeks of looking the Title Certificate and documents to our house can not be found. The conveyancers who did the conveyancing in Surbiton 5 years ago no longer exist. What are my options?
Assuming the title is registered the information relating to your proprietorship will be held by the Land Registry under a Title Number. It is possible to carry out a search at the Land Registry, locate your property and secure up to date copies of the Registered Entries for less than a fiver. Where the property is Leasehold then the Land Registry will usually hold a certified copy of the Registered Lease and again, a copy can be retrieved for a small fee.
How does conveyancing in Surbiton differ for new build properties?
Most buyers of new build or newly converted property in Surbiton contact us having been asked by the developer to exchange contracts and commit to the purchase even before the residence is completed. This is because new home sellers in Surbiton typically purchase 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 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 used to new build conveyancing in Surbiton or who has acted in the same development.
I have been on the look out for a ground for flat up to £235,500 and identified one round the corner in Surbiton I like with a park and railway links nearby, however it's only got 52 years unexpired on the lease. I can't really find anything else in Surbiton for this price, so just wondered if I would be making a grave error purchasing a lease with such few years left?
If you require a mortgage the shortness of the lease will be a potential deal breaker. Discount the offer by the expected lease extension will cost if not already taken into account. If the existing owner has owned the property for at least twenty four months you can ask them to start the process of the extension and pass it to you. You can add 90 years to the current lease and have £0 ground rent by law. You should speak to your conveyancing lawyer about this.
I'm refinancing my current house to a buy to let loan with Coventry Building Society and I will use the ballance of the raised equity towards a second property. The area we are looking at is Surbiton. Will your lawyers be able to act for both sets of mortgage companies and link together the transactions?
Make use of our comparison tool on this site to ensure that the lawyers are approved by both banks. Having checked that they are your conveyancer will be able to tie up the two conveyancing matters but you should have a chat with you solicitor and make clear your desired outcome and requirements.
I am looking for a conveyancing solicitor in Surbiton for my house move. Is it possible to check a firm’s record with the profession’s regulator?
You may find presented Solicitor Regulator Association (SRA) decisions arising from inquisitions from 2008 onwards. Go to Check a solicitor's record. To find records Pre 2008, or to check a firm's record, call 0870 606 2555, 08.00 - 18.00 any week day save for Tuesday when lines open at 9.30am. International callers, dial +44 (0)121 329 6800. The SRA could monitor call for training requirements.