Can the conveyancing lawyers that you recommend execute attended exchange conveyancing in Woking?
We do have a number of conveyancing experts carrying out one day exchanges. Please e-mail us to receive a fee calculation and details as to dates.
Do I find a Licenced Conveyancer or Solicitor for conveyancing in Woking?
There are many registered licenced Conveyancers in Woking and Solicitor firms in Woking offering conveyancing We would stress that the two are regulated professionals specialising in the legal work in the home buying process. They may both also conduct other property legal work such as remortgage conveyancing, enfranchisement and transfer of equity conveyancing.
I have paid off my mortgage with Nottingham. I assume I don't need a Woking lawyer on the Nottingham panel to discharge the mortgage at the Land Registry. Please confirm.
If you have finished paying off your Nottingham mortgage, they may send you evidence showing that you have paid it off. Alternatively they may notify the Land Registry directly. The Land Registry need to see this evidence before they will remove the Nottingham mortgage from the register. Nottingham, and any evidence they send you, will determine the action you need to take. In cases where no conveyancer is acting for you and you have paid off your mortgage:
- but are not moving to another property
- where Nottingham has sent the Land Registry the discharge electronically, and
- Nottingham has instructed the Land Registry to do so
I have a mortgage with HSBC for my property in Woking. Conveyancing has been completed a year ago. If I am intending to rent out the flat and do not currently have a buy-to-let mortgage do I need to remortgage to a BTL mortgage or inform HSBC?
HSBC must be informed of your intention prior to renting your property as this is likely to be a breach of HSBC’s mortgage conditions. In many cases banks or building societies will allow you to rent out your former home without needing to switch to a buy-to-let mortgage but some lenders will add a surcharge to your mortgage rate to reflect the higher risk. You should contact HSBC directly. You need not do this via a HSBC conveyancing panel firm.
I have recentlydiscovered that Action Conveyancing have closed. They conducted my conveyancing in Woking for a purchase of a freehold house 9 months ago. How can I check that my home is registered correctly in the name of the former proprietor?
The easiest method to check if the property is registered to you, you can carry out a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Woking conveyancing specialists.
I'm purchasing a new build house in Woking with a loan from The Mortgage Works. The builders would not reduce the price so I negotiated five thousand pounds worth of additionals instead. The house builders rep advised me not to tell my conveyancer about the deal as it will adversely affect my loan with the lender. Should I keep quiet?.
All lenders require a Disclosure of Incentives Form from the developer of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.
Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.
Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.
What makes your site different to other web based conveyancing solicitors for conveyancing in Woking?
At this site obtain an accurate costs illustration from a Solicitor or Licensed Conveyancer that understands the nuances of your conveyancing in Woking. As opposed to estate agents and brokerage sites we do not have commission deals with solicitors. A large number of agents and online brokers 'recommend' solicitors that pays the highest per referral, rather than the best value conveyancing in Woking
Our conveyancer has advised that he intends to complete and exchange simultaneously on the sale of our £300,000 maisonette in Woking next Monday. The landlords agents has quoted £420 for Certificate of Compliance, insurance certificate and previous years statements of service charge. Is it legal for a freeholder to charge such fees for a flat conveyance in Woking?
Woking conveyancing on leasehold apartments normally requires the buyer’s lawyer submitting enquiries for the landlord to answer. Although the landlord is not legally bound to answer these enquiries most will be willing to assist. They may levy a reasonable administration fee for responding to enquiries or supplying documentation. There is no set fee. The average costs for the information that you are referring to is over three hundred pounds, in some cases it exceeds £800. The administration charge required by the landlord must be accompanied by a synopsis of entitlements and obligations in relation to administration fees, without which the charge is technically not due. In reality you have no option but to pay whatever is demanded should you wish to complete the sale of your home.
I inherited a split level flat in Woking, conveyancing formalities finalised in 2008. Can you let me have an estimate of the premium that my landlord can legally expect in return for granting a renewal of my lease? Comparable flats in Woking with over 90 years remaining are worth £197,000. The average or mid-range amount of ground rent is £55 yearly. The lease ends on 21st October 2081
You have 56 years unexpired we estimate the premium for your lease extension to be between £29,500 and £34,000 plus plus your own and the landlord's "reasonable" professional fees.
The suggested premium range above a general guide to costs for extending a lease, but we are not able to provide a more accurate figure without more detailed investigations. You should not use the figures in tribunal or court proceedings. There may be other issues that need to be considered and you obviously want to be as accurate as possible in your negotiations. Please do not take any other action based on this information without first getting professional advice.