After what seems like an age a loan agreement from NatWest for the remortgage of my single room apartment is expected any day now. Can you suggest a low cost conveyancing solicitor in Warlingham?
You have arrived at the wrong site to search for cut-price fees for conveyancing in Warlingham. We can offer you value for money conveyancing but we do not aim to advertise as being the cheapest. Resist the temptation to appoint companies offering the bait of £99 conveyancing in Warlingham. At best, in being led by cheap conveyancing, you will end up with what you pay for and at worst you will end up with a surprising uplift in extras and still not end up with the service expected.
I am due to exchange buying a property in Warlingham but as a consequence of damage from some water damage at the property I have managed to agree recompense from the current proprietors in the sum of £3k taking the form of a deduction in the price. This was going to be dealt with as part of a side agreement but RBS are not allowing this. Should they have been notified?
Any lawyer being on the RBS approved list is obliged to inform RBS of any variations to the sale price. If you were to refuse your lawyer to report the reduction to RBS then they would have to discontinue acting for you. In addition, RBS and you would have to appoint a new lawyer for your conveyancing in Warlingham.
Please explain the implications if my solicitor is suspended from the Nationwide Solicitor panel ahead of completing my conveyancing in Warlingham?
The first thing to point out is that, this is very unlikely to happen. In most cases even where a law firm is removed off of a panel the lender would allow the completion to go ahead as the lender would appreciate the difficulties that they would place you in if you have to instruct a new solicitor days before completion. In a worst case scenario where the lender insists that you instruct a new firm then it is possible for a very good lawyer to expedite the conveyancing albeit that you may pay a significant premium for this. The analogous situation is where a buyer instructs a lawyer, exchanges contracts and the law firm is shut down by a regulator such as the SRA. Again, in this situation you can find lawyers who can troubleshoot their way to bring the conveyancing to a satisfactory conclusion - albeit at a cost.
Do I need to pay for insurance to address the risk of chancel repairs when buying a residence in Warlingham?
Unless a previous acquisition of the premises completed after 12 October 2013 you can assume that solicitors conducting conveyancing in Warlingham to continue to advocate a chancel search and or insurance against a claim.
five months have elapsed since my purchase conveyancing in Warlingham completed. I have checked the Land Registry site which shows that I paid £150,000 when infact I paid £170,000. 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 asset 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.
I am looking for a ground for flat up to £235,500 and found one close by in Warlingham I like with open areas and transport links nearby, the downside is that it's only got 61 years unexpired on the lease. There is not much else in Warlingham for this price, so just wondered if I would be making a mistake acquiring a short lease?
If you require a mortgage that many years will be an issue. Reduce the offer by the anticipated lease extension will cost if not already taken into account. If the existing proprietor has owned the premises for a minimum of twenty four months you may request that they commence the lease extension formalities and then assign it to you. You can add 90 years to the existing lease with a zero ground rent applied. You should consult your conveyancing solicitor concerning this matter.