Will conveyancers ask for money on account for conveyancing in Sanderstead?
If you are buying a property in Sanderstead your lawyer will ask you put them with monies to cover the search fees. This will be the total of the cost of the conveyancing searches. If any deposit is payable against the sale price then this should be required immediately prior to contracts are exchanged. Any further balance that is needed should be sent to your lawyer a couple of days ahead of the completion date.
I am buying a terraced house in Sanderstead. Conveyancing solicitors are said to be ‘a necessary evil’ but can I do it myself?
Leaving aside the complexities and merits of DIY conveyancing in Sanderstead you will have to appoint a solicitor on your lender'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 Sanderstead.
Me and my brother purchased a terraced Georgian property in Sanderstead. Conveyancing solicitor acted for me and Alliance & Leicester . I did a free Land Registry search last week and I saw a couple of entries: the first freehold, another for leasehold with the matching property. If a house is not a freehold shouldn't I have been informed?
You should review the Freehold register you have again and check the Charges Register as there may be mention of a lease. The best way to be sure that you are also the registered proprietor of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Sanderstead and other areas of the country and poses no real issues for owners other than when they remortgage they have to account for both freehold and leasehold interests when dealing with lenders. You can also enquire as to the position with your conveyancing solicitor who conducted the work.
How does conveyancing in Sanderstead differ for newly converted properties?
Most buyers of new build property in Sanderstead come to us having been asked by the housebuilder to sign contracts and commit to the purchase even before the premises is finished. This is because builders in Sanderstead usually purchase the real estate, 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 conveyancing solicitors 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 used to new build conveyancing in Sanderstead or who has acted in the same development.
Due to the input of my in-laws I had a survey completed on a property in Sanderstead in advance of appointing solicitors. I have been informed that there is a flying freehold aspect to the property. The surveyor has said that some banks tend refuse to give a loan on this type of premises.
It depends who your proposed lender is. Bank of Scotland has different requirements from Halifax. If you call us we can check with the relevant bank. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Sanderstead. Conveyancing will be smoother if you use a solicitor in Sanderstead especially if they are acquainted with such properties in Sanderstead.
As co-executor for the estate of my father I am selling a house in Cardiff but reside in Sanderstead. My lawyer (approximately 300 miles awayhas requested that I execute a statutory declaration ahead of the transaction finalising. Can you recommend a conveyancing practitioner in Sanderstead who can witness and place their company stamp on the document?
Technically speaking you are unlikely to be required to have the documents witnessed by a conveyancing solicitor. Ordinarily or notary public or qualified solicitor will be fine regardless of whether they are Sanderstead based