We went with a local lawyer for my conveyancing in Roehampton today. After carefully reading the small print it is apparent thatwe are liable for costs even if our purchase doesn't happen. Would I be best advised to appoint an on-line solicitor practice who offer no completion no cost conveyancing in Roehampton?
It is usually ‘give and take’ in that if "No Completion No Fee" is available then the conveyancing charges will generally be uplifted to cover the cases that abort. Do bear in mind that such promotions tend not to cover outlay e.g. Roehampton conveyancing search costs.
Having sold my house in Roehampton last April but my buyer keeps whats apping every few hours to moan that her lawyer needs to hear from mine. What should have happened following completion?
After completion of your sale your conveyancer is obliged to deliver the transfer deeds and all of the paperwork to the purchaser's conveyancer. If applicable, your conveyancer should also evidence that the mortgage has been discharged to the buyers conveyancers. There is unlikely to be post completion formalities unique to conveyancing in Roehampton.
My grandmother passed away 10 months ago and as sole heir and executor I was left the property in Roehampton. The house had a relatively small loan left on it of around £8000. I want to have the title changed into my name whilst I re-mortgage to Virgin Money, pay off the mortgage. Is this possible?
Where you intend to refinance then Virgin Money will insist on your using a conveyancer on the Virgin Money 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 Virgin Money 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 Virgin Money mortgage is registered as a charge at the Land Registry.
I currently have a mortgage with Leeds Building Society for my property in Roehampton. Conveyancing has been completed months ago. Should I wish to rent out my property and do not currently have a buy-to-let mortgage do I need to remortgage to a buy-to-let mortgage or inform Leeds Building Society?
Your original mortgage agreement with Leeds Building Society will provide that you need their approval prior to letting out your property as this is likely to be a breach of Leeds Building Society’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 Leeds Building Society directly. You need not do this via a Leeds Building Society conveyancing panel firm.
I recently had an offer agreed on a house in Roehampton. My mortgage broker pressured me to appoint their conveyancing practitioner. I paid an upfront payment of £200. A couple of days later, the lawyer called me to say that they were not on the Nationwide conveyancing panel. Am I right in thinking that I should be due a refund?
You should be able to recover this from the law firm if they were not on the Nationwide panel. They should have asked at the outset which lender you were obtaining a mortgage with. An important lesson to readers of this site is to check that the lawyers are on the appropriate lender panel.
I was told two weeks ago that my mortgage has been agreed to by Clydesdale. Is it usual for Clydesdale to only issue the offer once my solicitor in Roehampton is approved on their conveyancing panel? Clydesdale have asked my solicitor to see a copy of their PI Insurance.
A lender would not issue an offer until they have details of a lawyer on their panel. It can take a few weeks for Clydesdale to deal with your lawyer's application to be on the Clydesdale conveyancing panel. There's no guarantee that your solicitor will be accepted.
Do commercial conveyancing searches reveal planned roadworks that may impact a commercial premises in Roehampton?
Many commercial conveyancing solicitors in Roehampton will execute a SiteSolutions Highways report as it reduces the time that conveyancers expend in investigating accurate data on highways that impact buildings and development assets in Roehampton. The report provides definitive data on the adoption status of roads, footpaths and verges, as well as the implication of traffic schemes and the rights of way surrounding a commercial development sites in Roehampton.
For each commercial conveyancing transaction in Roehampton it is critical to investigate the adoption status of roads surrounding a site. The absence of identifying developments where adoption procedures have not been addressed adequately could cause delays to Roehampton commercial conveyancing deals as well as pose a risk to future plans for the site. These searches are not carried out for domestic conveyancing in Roehampton.
What advice can you give us when it comes to finding a Roehampton conveyancing firm to deal with our lease extension?
If you are instructing a conveyancer for your lease extension (regardless if they are a Roehampton conveyancing practice) it is essential that they be familiar with the legislation and specialises in this area of work. We suggest that you talk with several firms including non Roehampton conveyancing practices prior to instructing a firm. Where the conveyancing practice is ALEP accredited then so much the better. The following questions could be helpful:
How many lease extensions has the firm carried out in Roehampton in the last 12 months? How experienced is the firm with lease extension legislation?
I am the proprietor of a a ground floor purpose built flat in Roehampton. Given that I can not reach agreement with the freeholder, can the Leasehold valuation Tribunal make a decision on the sum due for a lease extension?
Most definitely. We can put you in touch with a Roehampton conveyancing firm who can help.
An example of a Freehold Enfranchisement decision for a Roehampton flat is 19 St. Margarets Crescent in August 2010. the tribunal was of the view that the premium to be paid by the leaseholder for the freehold reversion was £51,983.00 This case related to 3 flats. The unexpired lease term was 66.25 years.