Should conveyancers request money on account when it comes to conveyancing in Woodhall Spa?
Where you are retaining lawyers for conveyancing in Woodhall Spa your lawyer will request that you to provide them with funds to cover the search fees. Generally this is needed to cover the fees of the conveyancing searches. If any deposit is as part of the purchase price then this should be asked for immediately before contracts are exchanged. Any further balance that is due will be payable a couple of days ahead of the completion date.
My aunt passed away six months ago and as sole heir and executor I was left the house in Woodhall Spa. The house had a small mortgage remaining of approximately £8000. I want to have the title changed into my name whilst I re-mortgage to Santander, pay off the mortgage. Is this possible?
Where you plan to re-mortgage then Santander will require that you use a conveyancer on the Santander 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 Santander 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 Santander mortgage is registered as a charge at the Land Registry.
Due to the advice of my in-laws I had a survey completed on a house in Woodhall Spa in advance of instructing conveyancers. I have been advised that there is a flying freehold aspect to the house. The surveyor has said that some banks may refuse to give a loan on such a house.
It depends who your proposed lender is. Santander has different instructions from Birmingham Midshires. If you e-mail us we can check with the relevant bank. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Woodhall Spa. Conveyancing will be smoother if you use a solicitor in Woodhall Spa especially if they are accustomed to such properties in Woodhall Spa.
What does commercial conveyancing in Woodhall Spa cover?
Woodhall Spa conveyancing for business premises covers a wide range of advice, given by qualified solicitors, relating to business property. For instance, this area of conveyancing can cover the sale or purchase of freehold business premises or, more usually, the assignment of existing business tenancies or the drafting of new leasing arrangements. Commercial conveyancing solicitors can also offer advice on the sale of business assets, commercial mortgages and the termination of tenancies.
We're first time buyers - had an offer accepted, yet the agent told us that the seller will only go ahead if we use their chosen conveyancers as they need a ‘quick sale’. We would rather use a family conveyancer with experience of conveyancing in Woodhall Spa
We suspect that the owner is unaware of this request. Should the owner want ‘a quick sale', alienating a motivated buyer is counter productive. Try to communicate with the owners directly and make sure they comprehend that (a)you are motivated purchasers (b)you are excited to move forward, with finances arranged © you are chain free (d) you intend to proceed fast (e)however you will continue to appoint your own,trusted Woodhall Spa conveyancing lawyers - not the ones that will give the estate agent a introducer fee or achieve conveyancing targets demanded by senior management.
When it comes to my conveyancing in Woodhall Spa should I be charged VAT on the following: (1) Land reg fee on purchase (2) Pre - completion search fee (3) SDLT E submission on purchase (4) Bank TT fee
(1) Land reg fee on purchase - No (2) Pre - completion search fees -No, (such conveyancing searches are HMLR ones and means £4 and possibly £2 bankruptcy per name on your mortgage) (3) SDLT E submission on your purchase - There is no VAT on Stamp Duty. However if the firm is charging a stamp duty e-submission fee as part of their services - some Woodhall Spa conveyancers do - that will incur VAT(4) Bank transfer fee - Yes it is for the conveyancing practitioner's time in submitting the funds this way.