Having been told to check out your organisation we were about to appoint conveyancing solicitor in Mayfair listed using your search tool but stumbled across some other fee calculations on the internet seem cheaper – how come?
You can find many firms of conveyancers marketing theoretically looks to be extremely cheap conveyancing in Mayfair. You should think twice about how important this transaction is to you that you are willing to take 'cheap' risks with regard to the quality of the conveyancing. Some embed extras deep into the terms of business. The law firms that we put forward for conveyancing in Mayfair will notdo this.
This question may be naive but I am unexperienced as FTB of a garden flat in Mayfair. Do I receive the keys to the house on completion from my solicitor? If this is the case, I will find a High Street conveyancing solicitor in Mayfair?
There is no need to visit the lawyers office on the day of completion. Conveyancing lawyers for you will transfer the completion advance to the owner’s lawyers, and once they have received this, you should be invited to collect the keys from the Estate Agents and start moving into the property. Usually this occurs between 1 and 3pm.
I currently have a mortgage with TSB for my property in Mayfair. Conveyancing has been completed months 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 TSB?
You must advise TSB in advance of letting out your property as this is likely to be a breach of TSB’s mortgage conditions. In many cases banks or building societies will permit you to let 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 TSB directly. It should not be necessary to do this via a TSB conveyancing panel firm.
After shopping around on the internet I have found a Mayfair lawyer having made sure that they are on the UBS conveyancing panel. Does my lawyer arrange the survey of the property?
UBS will need an independent valuation of the property. Your lawyer will not arrange this. Usually UBS will appoint their own surveyor to do this, and you will have to pay for it. Remember that this is a valuation for mortgage purposes and not a survey. You may wish to consider appointing your own Mayfair surveyor to carry out a survey or prepare a home buyers report on the property. It is up to you to satisfy yourself that the property is structurally sound before you buy it. If the survey or report reveals that building work is needed, you should tell your solicitor. You may wish to renegotiate with the seller.
Despite weeks of looking the Title Certificate and documents to our home are lost. The solicitors who handled the conveyancing in Mayfair 4 years ago are no longer around. Will I be able to sell the house?
You no longer need to hold title deeds to establish that you are the registered proprietor of land or premises, given that the Land Registry have everything they need in a digital format.
I'm purchasing my first flat in Mayfair benefiting from help to buy. The developers refused to move on the amount so I negotiated five thousand pounds worth of extras instead. The property agent told me not reveal to my solicitor about this side-deal as it will adversely affect my mortgage with Accord Mortgages Ltd. Is this normal?.
All lenders require a Disclosure of Incentives Form from the builder 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.
In my capacity as executor for the will of my grandfather I am disposing of a residence in Cardiff but reside in Mayfair. My solicitor (approximately 250 kilometers awayneeds me to execute a stat dec before completion. Can you recommend a conveyancing solicitor in Mayfair who can witness this legal document for me?
strictly speaking you should not need to have the documents witnessed by a conveyancing solicitor. Ordinarily any notary public or solicitor will suffice regardless of whether they are Mayfair based
I am purchasing a house and require a conveyancing solicitor in Mayfair who is on the lender solicitor panel. Can you recommend a Mayfair or local Mayfair conveyancing firm?
Our service is limited to being a directory service for firms who wish to listed as being on the approved conveyancing panel for the mortgage company who conduct conveyancing in Mayfair. We dont recommend any particular conveyancing practice.