Can I use your services to recommend a Conveyancing solicitor in Erith even where I’m not purchasing or selling a house, for instance if I intend to acquire an office in Erith with a mortgage from Lloyds TSB Bank?
Our comparison service is primarily utilised to get a quote from residential conveyancing solicitors in Erith but we have listed towards the end of this page some Erith commercial conveyancing firms. You should speak with the firm directly to establish if they are also authorised to represent Lloyds TSB Bank
What is the difference between a licensed conveyancer and conveyancing solicitor in Erith
Two types of professional can execute conveyancing in Erith namely CLC regulated conveyancers or solicitors. Both professionals handle the legal services that you need to complete the sale or acquisition of property. They are both obliged to perform Erith conveyancing to the same quality and guidelines so you can be sure that your conveyancing will be properly conducted and that the requisite procedures should be correctly attended to.
My bid for a property was accepted at auction in Erith. Conveyancing is needed. What happens now?
Having exchanged you will need to hire the services of a conveyancing solicitor quickly as you are facing a pending a drop dead date to complete the property. Every auction property will have a corresponding legal pack. This will likely include most,if not all of the paperwork that your solicitor requires. If you have purchased leasehold property the auction pack should provide a copy of the lease, management information and a sellers leasehold information form and other conveyancing paperwork specific to a leasehold property. You should give this to the lawyer instructed by you ASAP. You also need to ensure that you have funds in place to complete on the date specified in the contract.
I'm the single beneficiary of my late father’s estate with all property in now in my sole name, including the my former home in Erith. The Erith property was put into my name in May. I plan to dispose of the house. I do know about the CML 6 month 'rule', meaning my proprietorship will be regarded the same way as though I had purchased the property in May. Will no one buy the property for half a year?
The Council of Mortgage Lenders’ handbook obliges solicitors to: "report to us immediately if the owner or registered proprietor has been registered for less than six months." By the strict wording you might be affected by that. Some banks would take a pragmatic view as this provision chiefly exists to pick up on the purchase and immediately sell or the flipping of property.
I need some quick conveyancing in Erith as I am faced with an ultimatum to complete within 2 weeks. A mortgage is not required. Can I escape the need for conveyancing searches to save fees and time?
If.Given you are not getting a mortgage you have the choice not to do searches although no law firm would recommend that you don't. Drawing on years of experience of conveyancing in Erith the following are instances of issues that can arise and therefore impact future saleability: Refused Planning Applications, Outstanding Charges, Overdue Grants, Road Schemes,...
How does conveyancing in Erith differ for newly converted properties?
Most buyers of new build property in Erith come to us having been asked by the developer to sign contracts and commit to the purchase even before the property is constructed. This is because new home sellers in Erith usually buy the site, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct property lawyers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are accustomed to new build conveyancing in Erith or who has acted in the same development.
I decided to have a survey completed on a house in Erith in advance of retaining solicitors. I have been told that there is a flying freehold aspect to the house. Our surveyor advised that some mortgage companies will refuse to grant a mortgage on a flying freehold house.
It depends who your proposed lender is. Lloyds has different instructions from Birmingham Midshires. Should you wish to call us we can look into this further via 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 Erith. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Erith to see if the conveyancing costs will increase in light of this.
How and when do I pay the Stamp Duty Land Tax payable for my house transaction in Erith?
Most solicitors will complete a Land Transaction Return Form for you as part of your Erith purchase transaction for you to sign. On completion your conveyancer will submit your Land Transaction application to the Inland Revenue and - assuming they have the money - pay any land tax payable for you.