My previous lawyer has given a fee estimate just over a thousand pound for freehold conveyancing in West Brompton. I’m hoping to sell a newly refurbished property for £300,000. This sounds overpriced. Is it above the average fee for conveyancing in West Brompton?
The charges are a tad high. If you shop around you might get the conveyancing a bit cheaper by as much as £100 plus VAT. That being said, you maycome to rue choosing an an untested lawyer. Remember to check the conveyancer can also act for your lender. You can use our search tool to choose a West Brompton conveyancing company on the banks approved list of lawyers which can often include conveyancing solicitors in West Brompton.
In what way does my ID and proof of funds have anything to do with my conveyancing in West Brompton? Why is this being asked of me?
Anti-terror and anti-money-laundering laws require solicitors and licensed conveyancers to check the identification documents of the potential client they are dealing with before they can accept their conveyancing business. The Terms of Engagement that you need to sign should reaffirm this. Your lawyer also has obligations to obtain certain documents in accordance with the CML Lenders Handbook requirements last updated on 1st December 2014. Where you are unwilling to supply identification documents, your solicitor would not be able to act for you.
My grandmother passed away six months ago and as sole heir and executor I was left the house in West Brompton. The house had a relatively small loan remaining of approximately £8000. I want to have the title changed into my name whilst I re-mortgage to Yorkshire BS, pay off the mortgage. Is this possible?
Given you plan to refinance then Yorkshire BS will require that you use a conveyancer on the Yorkshire BS 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 Yorkshire BS 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 Yorkshire BS mortgage is registered as a charge at the Land Registry.
I need some expedited conveyancing in West Brompton as I am faced with pressure to complete within one month. Luckily I do not need a mortgage. Can I decline from having conveyancing searches to save fees and time?
As you are not getting a mortgage you are at free not to have searches conducted although no solicitor would advise that you don't. With lots of history conveyancing in West Brompton the following are examples of what can appear and therefore impact future saleability: Refused Planning Applications, Overdue Charges, Outstanding Grants, Unadopted Roads,...
About to purchase a new build flat in West Brompton. Conveyancing is necessary evil at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build conveyancing.
Here are examples of a selection of leasehold new build questions that you may expect your new-build leasehold conveyancing in West Brompton
-
Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier? Please confirm the Lease plans are architect prepared. Please supply evidence that the form of Lease proposed has been approved by the Land Registry. Please supply a car parking plan. Where service of notices and proceedings can be at the property demised please confirm that this can be amended to include simultaneous services at the Lessees’ solicitors’ offices where the Lessee from time to time is not resident in the UK - such solicitors may be varied by notice in writing to the Landlord from time to time but otherwise will be as previously specified.
Due to the guidance of my in-laws I had a survey completed on a property in West Brompton before instructing lawyers. I have been informed that there is a flying freehold overhang to the house. Our surveyor advised that some mortgage companies tend refuse to issue a mortgage on this type of home.
It depends who your proposed lender is. Santander has different instructions from Birmingham Midshires. If you e-mail us we can look into this further via the relevant mortgage company. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in West Brompton. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in West Brompton to see if the conveyancing will be more expensive.