I am helping my aunt sell her house in Shadwell. Does the conveyancer arrange an energy assessment or do I organise this?
After the abolition of Home Packs, energy performance certificates was retained a compulsory part of moving house. An EPC needs to be to hand in advance of the property being marketed. It is not as aspect of the sale process that law firms ordinarily arrange. If you are using a Shadwell conveyancing lawyer they might be willing to arrange energy performance certificates given their contacts with long established Shadwell assessors
I have today made my last payment due on my mortgage with TSB. I assume I don't need a Shadwell lawyer on the TSB panel to remove the mortgage at the Land Registry. Please confirm.
If you have finished paying off your TSB mortgage, they may send you evidence showing that you have paid it off. Alternatively they may notify the Land Registry directly. The Land Registry need to see this evidence before they will remove the TSB mortgage from the register. TSB, and any evidence they send you, will determine the action you need to take. In cases where no conveyancer is acting for you and you have paid off your mortgage:
- but are not moving to another property
- where TSB has sent the Land Registry the discharge electronically, and
- TSB has instructed the Land Registry to do so
HSBC have agreed my home loan in principle, my offer on a flat in Shadwell has been accepted, now what?
Your property agent will want to be informed of your conveyancer's details (ensure that the lawyers are on the bank’s panel). Call up HSBC or your financial adviser and finalise any relevant paperwork. HSBC will appoint a valuer who will get in contact with the selling agent or seller to schedule an appointment. Once carried out (assuming no problems) it takes approximately a week to get a mortgage offer. HSBC will issue the offer to you and your property lawyers. The transaction will then take it’s course according the nature and complexity of the conveyancing in Shadwell.
three months have elapsed since my purchase conveyancing in Shadwell completed. I have checked the Land Registry site which shows that I paid £200,000 when infact I paid £170,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the property from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
I decided to have a survey done on a house in Shadwell ahead of instructing lawyers. I have been informed that there is a flying freehold overhang to the property. My surveyor has said that some mortgage companies will not give a loan on a flying freehold house.
It depends who your proposed lender is. Lloyds has different requirements from Nationwide. If you e-mail us we can look into this further with the relevant lender. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Shadwell. Conveyancing may be slightly more expensive based on your lender's requirements.
Is there anything unique about your site and other online quote calculators for conveyancing in Shadwell?
At this site receive a conveyancing quote from a Solicitor or Licensed Conveyancer that appreciates the nuances for your conveyancing in Shadwell. Unlike many estate agents and brokerage sites we do not charge firms a commission if you select them for your property ownership legalities in Shadwell
I need to find a conveyancing solicitor for remortgage conveyancing in Shadwell. I've chance upon a site which looks to be the ideal offering If it is possible to get all formalities completed via web that would be ideal. Do I need to be wary? What are the potential pitfalls?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?
When it comes to my conveyancing in Shadwell should I be paying VAT on the following: (1) Land reg fee on purchase (2) Pre - completion search fee (3) SDLT E submission on purchase (4) Bank TT fee
(1) Land reg fee on purchase - No (2) Pre - completion search fees -No, (such conveyancing searches are HMLR ones and means £4 and possibly £2 bankruptcy per name on your mortgage) (3) SDLT E submission on your purchase - There is no VAT on Stamp Duty. However if the firm is charging a stamp duty e-submission fee as part of their services - some Shadwell conveyancers do - that will incur VAT(4) Bank transfer fee - Yes it is for the property lawyer's time in submitting the funds this way.