A mortgage agreement from Santander for the refinancing of my 2 room garden flat is due any day now. Can you recommend a low cost conveyancing lawyer in Surrey?
This site is not designed to aid those in pursuit of the cheapest conveyancing in Surrey. Our goal is to offer affordable conveyancing but we do not advertise as being the cheapest. Resist the temptation to appoint companies enticing you with low cost conveyancing in Surrey. Optimistically, in going for cheap conveyancing, you will get your money’s worth and at worst it will result in you with a surprising uplift in additional fees and still not end up with the service expected.
What is the difference between a licensed conveyancer and conveyancing solicitor in Surrey
There are many registered licenced Conveyancers in Surrey and Solicitor practices in Surrey offering conveyancing We would stress that the two are supervised by regulatory bodies with both specialising in the legal work in the home buying process. The two can deal with associated property related work such as remortgage conveyancing, lease extensions and transfer of equity conveyancing.
I happen to be the only recipient of my late grandmother’s will and I have everything in my name now, including the house in Surrey. Conveyancing formalities meant that the Land Registry date was in April. I now wish to sell up. I understand that there is a CML six month 'rule', meaning my proprietorship may be considered the same way as though I had purchased the property in April. Will no one buy the property for half a year?
The Council of Mortgage Lenders’ handbook instructs solicitors to: "report to us immediately if the owner or registered proprietor has been registered for less than six months." Technically you may be impacted by that. Some banks would take a sensible view as this requirement is primarily there to identify subsales or the quick reselling of properties.
Planning on purchasing a flat in Surrey. I have received an online quote from a licenced conveyancer, which states: "There will be no charge for dealing with the Lender if you are obtaining a mortgage". I take this to mean that there will be no additional fee if the solicitor is on the UBS conveyancing panel. I wanted to make sure it means there will be no additional fees for dealing with the mortgage.
They are simply saying that the cost for acting for the lender is included in the fee being quoted. It is worth you checking that the Surrey solicitor is on the UBS conveyancing panel.
Just bought a detached house in Surrey , What is the estimated time for the Land Registry to record my proprietorship? My Surrey conveyancing solicitor has been very slow, so I want to be certain the land registry aspects are addressed.
As far as conveyancing in Surrey registration is no faster or slower than anywhere else in the country. Rather than based on location, timescales can differ according to who lodges the application, whether there are errors and whether the Land registry need to notify any interested persons or bodies. As of today roughly three quarters of such applications are fully dealt with within 12 days but occasionally there can be longer hold-ups. Registration is effected after the purchaser has moved in to the property therefore 'speed' is not typically top priority yet where there is a degree of urgency associated with the registration then you or your lawyers could speak with the land registry and explain the circumstances.
Yesterday I discovered that there is a flying freehold issue on a house I put an offer in two weeks back in what should have been a simple, no chain conveyancing. Surrey is where the house is located. Can you offer any guidance?
Flying freeholds in Surrey are unusual but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Surrey you would need to get your solicitor to go through the deeds very carefully. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Surrey may determine 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 property.
Given that I am about to spend over three hundred thousand on a property in Surrey I wish to talk to a conveyancer about myhouse move before giving the go ahead to the firm. Is this something that you can arrange?
Absolutely - we would be happy to talk to you we do not take any clients on without you liaising with the solicitor due to be doing your conveyancing in Surrey.There is no ‘factory style conveyancing’ - each client is an important person, not a file number. The solicitors that we put you in touch with believe that the fees you are quoted for residential conveyancing in Surrey should be the figure that you are charged.
Having had my offer accepted I require leasehold conveyancing in Surrey. Before diving in I want to be sure as to the number of years remaining on the lease.
Assuming the lease is registered - and most are in Surrey - then the leasehold title will always include the basic details of the lease, namely the date; the term; and the original parties. From a conveyancing perspective such details then enable any prospective buyer and lender to confirm that any lease they are looking at is the one relevant to that title. For any other purpose, such as confirming how long the term was granted for and calculating what is left, then the register should be sufficient on it's own.
Surrey Leasehold Conveyancing - A selection of Queries before buying
-
Make sure you enquire if there is anything that is prohibited in the lease. For instance plenty of leases prohibit pets being allowed in in a block in Surrey. If you love the flatin Surrey however your dog can’t live with you then you have a very hard decision. The answer will be important as a) areas could cause problems for the block as the common areas may begin to deteriorate where services are not paid for b) if the tenants have an issue with the managing agents you will want to have all the details