I selected a local lawyer for our conveyancing in Surrey last week. After carefully reading the Ts and Cs it is apparent thatI am liable for costs even if the movefalls through. Should I ditch them and select an internet solicitor practice offering no-sale-no-fee conveyancing in Surrey?
Generally there is a compromise along the lines that if "No Completion No Fee" is available then the conveyancing charges will tend to be be higher to cover the transactions that do not go ahead. Do bear in mind that such deals rarely protect you from outlay for instance Surrey conveyancing search expenses.
We were just about to sign contracts for a garden flat in Surrey. We have hit a problem. The loan offer with Birmingham Midshires expires on 5/8/2026 but the owners are insisting on a completion date of 7/8/2026. Can one prolong the loan expiry date?
The person best placed to address this issue is your conveyancer who is in a position to determine if they better off negotiating with the lender, vendor’s lawyers, estate agents or conceivably all three given what has gone on in your conveyancing as of today.
A relative suggested that where I am purchasing in Surrey I should carry out a Neighbourhood, Planning and Local Amenity Search. Can you explain what the purpose of this search is?
A search of this type is usually included in the estimate for your Surrey conveyancing searches. It is not a small document of more than thirty pages, listing and setting out significant information about Surrey around the property and the people living there. It incorporates an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the local Housing Market, Council Tax Banding, the type of People living in the area, the dominant type of Housing, the Average House Prices, Crime details, Surrey Education with maps and statistics, Local Amenities and other useful information concerning Surrey.
2 months have gone by since my purchase conveyancing in Surrey concluded. I have checked the Land Registry website which shows that I paid £200,000 when infact I paid £160,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the residence from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
Over the last few months I have been searching for a ground for flat up to £305k and identified one near me in Surrey I like with a park and station nearby, the downside is that it only has 61 years unexpired on the lease. There is not much else in Surrey in this price bracket, so just wondered if I would be making a mistake purchasing a short lease?
If you require a mortgage that many years may be problematic. Discount the offer by the expected lease extension will cost if it has not already been discounted. If the existing proprietor has owned the premises for a minimum of twenty four months you can request that they start the process of the extension and then assign it to you. You can add 90 years to the existing lease and have £0 ground rent by law. You should consult your conveyancing lawyer concerning this matter.
I need to find a conveyancing solicitor for purchase conveyancing in Surrey. I've chance upon a web site which appears to be the ideal solution If there is a chance to get all the legals completed 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?