I have just started taking steps with the aim of switching my existing standard home loan to a Buy to Let Halifax mortgage. I have been informed by my broker that I must appoint a conveyancer as part of the process. I got in contact with my former Elephant and Castle conveyancing solicitor who acted on my behalf when I first acquired the house. The quote e-mailed to me of £575 plus disbursements is surprising as its a refinance than a sale or purchase.
The costs illustration is fractionally on the steep side. If you are content to spend time contrasting quotes you could reduce the fees slightly by perhaps a hundred pounds. On the other hand, providing that you were happy with the conveyancing the firm gave you maylive to rue opting for an an unknown conveyancer. Remember to enquire that the solicitor can also act for Halifax. Do make use of our search tool to choose a Elephant and Castle conveyancing firm on the Halifax approved list of lawyers, which can often include conveyancing solicitors in Elephant and Castle.
Last January we completed a house move in Elephant and Castle. We have noticed several issues with the house which we consider were omitted in the conveyancing searches. Is there anything we can do? What searches should? have been carried out for conveyancing in Elephant and Castle?
The query is not clear as to the nature of the problems and if they are unique to conveyancing in Elephant and Castle. Conveyancing searches and due diligence undertaken as part of the legal transfer of property are supposed to help avoid problems. As part of the legal transfer of property, a seller completes a form known as a Seller’s Property Information Form. If the information is misleading, you may have a misrepresentation claim against the owner for any losses that you have suffered. The survey should have identified any problems with the structure of the property. Assuming a detailed survey was carried out and the issues were not identified, you may have a claim against the surveyor. However, if you did not have a full survey, you may be responsible for fixing any defects that have now been noted. We would always encourage buyers to take every possible step to ensure they are completely aware of the condition of a property before purchase regardless of whether they are buying in Elephant and Castle.
I am buying a terraced house in Elephant and Castle. Can I do my own conveyancing?
Leaving aside the complexities and merits of DIY conveyancing in Elephant and Castle you will have to appoint a solicitor on your mortgage company's conveyancing panel to look after their interests. Most people therefore find it easier to let the solicitor act for them and the lender. Furthermore there is minimal cost savings to be made in you doing conveyancing for yourself and another lawyer conducting the conveyancing for the lender. Please feel free to use the search tool to find a lawyer on your lender panel in Elephant and Castle.
Have purchased a a semi-detached house in Elephant and Castle , What is the estimated time for the Land Registry to record the transfer to my name? My Elephant and Castle conveyancing solicitor works at snail pace, so I want to check that my ownership is recorded.
As far as conveyancing in Elephant and Castle is concerned, registration is no quicker or slower than the rest of the country. As opposed to being determined by geographic area, timeframes can differ depending on who lodges the application, whether there are errors and whether the Land registry must send notices to any interested parties. Currently approximately 80% of submission are completed within two weeks but some can be subject to extensive delays. Historically registration occurs after the new owner has moved in to the property therefore registration formalities is not usually top priority yet if there is a degree of urgency associated with the registration then you or your conveyancer could speak with the land registry and explain the circumstances.
I've recently found out that there is a flying freehold element on a property I put an offer in a fortnight ago in what should have been a simple, chain free conveyancing. Elephant and Castle is the location of the property. Is there any guidance you can give?
Flying freeholds in Elephant and Castle are rare but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Elephant and Castle you must be sure that your lawyer goes through the deeds very carefully. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Elephant and Castle may decide that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold residence.
What does commercial conveyancing in Elephant and Castle cover?
Non domestic conveyancing in Elephant and Castle covers a wide array of guidance, supplied by regulated solicitors, relating to business premises. By way of example, this type of conveyancing can cover the sale or purchase of freehold business premises or, more commonly, the transfer 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 leases.