My best friend’s mother is a conveyancer. I suspect that I will be offered preferential fee for conveyancing, but if not, what kind of fees should I be expecting for conveyancing in Thornton?
You should contrast pricing. Do use our search tool on this site. You will notice that charges will be different but service levels do differ between property lawyers as is true with the vast majority of professional services.
I am getting closer to an exchange on a property in Thornton and my mum and dad have transferred the exchange deposit to my property lawyer. I am now informed that as the deposit has been sent from someone other than me my conveyancer needs to make a notification to my lender. Apparently, in also acting for the lender he must advise them that the balance of the purchase price is coming from anyone other than me. I advised the lender about my parents' contribution when I applied for the mortgage, so is it really appropriate for him to raise this?
Your property lawyer is duty bound to clarify with mortgage company to ensure that they know that the balance of the purchase price is not from your own resources. Your solicitor can only notify this to your bank if you agree, failing which, your lawyer must cease to continue acting.
My grandfather passed away last year and as sole heir and executor I was left the house in Thornton. The house had a relatively small loan left on it of around £4500. I want to transfer the title deeds into my name whilst I re-mortgage to Skipton, pay off the mortgage. Is this allowed?
If you intend to re-mortgage then Skipton will insist on your using a conveyancer on the Skipton conveyancing panel. Here is link to the Land Registry online guidance around what to do when a property owner dies. This will help you to understand the registration process behind changing the details re the registered title. in your case it would appear that you are effectively purchasing the property from the estate. Your Skipton conveyancing panel solicitor pays the new mortgage money into the estate, the estate pays off the old mortgage, the charge is released and you become the owner and the Skipton mortgage is registered as a charge at the Land Registry.
My wife and I have a semi-detached Victorian house in Thornton. Conveyancing solicitor represented me and Chelsea Building Society. I did a free Land Registry search last week and I saw two entries: the first freehold, the second leasehold under the exact same property. I thought I was buying a freehold how can I check?
You need to assess the Freehold register you have again and check the Charges Register for mention of a lease. The best way to be sure that you are also the registered proprietor of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Thornton and other areas of the country and poses no real issues for owners other than when they sell they have to account for both freehold and leasehold interests when dealing with lenders. You can also question the position with the conveyancing lawyer who completed the work.
How does conveyancing in Thornton differ for new build properties?
Most buyers of new build property in Thornton come to us having been asked by the developer to exchange contracts and commit to the purchase even before the property is built. This is because builders in Thornton typically acquire 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 property lawyers 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 Thornton or who has acted in the same development.
Is there anything unique about your site and other online quote calculators when it comes to conveyancing in Thornton?
At this site obtain a fixed fee costs illustration via a Solicitor or Licensed Conveyancer that understands the issues of your conveyancing in Thornton. Unlike many estate agents and brokerage sites we are not in the business of charging firms a commission if you instruct them for your conveyancing in Thornton