Why would I instruct a Silverton conveyancing company given that online conveyancers are so much cheaper?
By all means make sure that you compare conveyancing costs in Silverton and you should seek a reasonable quote but don’t expend your energy hunting for the cheapest Silverton conveyancer. Appointing the right conveyancer can mark the distinction between a seamless and a frustrating house move. You need to ensure that you have expert advice from an experienced conveyancer. An e-mail can never be as helpful as a telephone conversation and can never replicate a face to face consultation. The firms that we work with will find you a qualified and top rated conveyancing solicitor that will deal with your conveyancing from beginning to end, providing a level of continuity that you will never get with an internet conveyancer. He or She will update you as to progress making sure that you are regularly updated. Should it ever be necessary to phone the office you will know who you need to speak to and they will endeavour to make sure that you are in the know.
My wife and I are refinancing our maisonette in Silverton with Nationwide. We have a son 19 who lives with us. Our solicitor requested us to identify any adults other than ourselves who lives in the flat. Our lawyer has now e-mailed a document for our son to sign, waiving any legal rights in the event that the property is repossessed. I have a couple of questions (1) Is this document specific to the Nationwide conveyancing panel as he never had to sign this form when we purchased 4 years ago (2) Does our son by signing this compromise his rights to inherit the property?
First, rest assured that your Nationwide conveyancing panel solicitor is doing the right thing as it is established procedure for any occupier who is aged 17 or over to sign the necessary Consent Form, which is purely to state that any rights he has in the property are postponed and secondary to Nationwide. This is solely used to protect Nationwide if the property were re-possessed so that in such circumstances, your son would be legally obliged to leave. It does not impact your son’s right to inherit the apartment. Please note that if your son were to inherit and the mortgage in favour of Nationwide had not been discharged, he would be liable to take over the loan or pay it off, but other than that, there is nothing stopping him from keeping the property in accordance with your will or the rules of intestacy.
Despite weeks of looking the Title Certificate and documents to our house are lost. The solicitors who handled the conveyancing in Silverton 4 years ago no longer exist. What do I do?
You no longer need to hold title deeds to evidence that you are the owner of your registered land or property, given that the Land Registry hold details of all registered land or property electronically.
I was pointed in your direction by a number of estate agents in Silverton to get a quote from a solicitor on your site. Is there a financial upside for Estate Agents to promote your lawyers ahead of alternative conveyancing organisations?
We refuse to offer any commission for directing people in our direction. We thought it would be too underhand to pay a commission as a client could think, ‘How come the agent getting a kickback? Why am I not receiving any benefit too?’ We would prefer to grow our business on genuine recommendations.
Can you offer any advice when it comes to choosing a Silverton conveyancing practice to deal with our lease extension?
If you are instructing a solicitor for lease extension works (regardless if they are a Silverton conveyancing practice) it is imperative that he or she should be familiar with the legislation and specialises in this area of conveyancing. We recommend that you make enquires with two or three firms including non Silverton conveyancing practices prior to instructing a firm. If the firm is ALEP accredited then so much the better. The following questions could be helpful:
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If they are not ALEP accredited then why not? How many lease extensions has the firm completed in Silverton in the last year?
I purchased a ground floor flat in Silverton, conveyancing having been completed July 2012. Can you work out an approximate cost of a lease extension? Similar properties in Silverton with a long lease are worth £197,000. The ground rent is £55 invoiced every year. The lease expires on 21st October 2081
You have 56 years left to run we estimate the price of your lease extension to be between £29,500 and £34,000 plus legals.
The figure that we have given is a general guide to costs for extending a lease, but we are not able to advice on a more accurate figure in the absence of detailed due diligence. Do not use this information in tribunal or court proceedings. There may be other issues that need to be considered and clearly you should be as accurate as possible in your negotiations. Neither should you move forward placing reliance on this information without first getting professional advice.
I am purchasing a house mortgage free. My solicitor has been handed with 2 distinct evidence of photographic ID, bank statement, multiple utility bills. Now he wants a copy from a probate lawyer advising that the funds are legitimate and that it has come from inheritance and not dealing E's in Ibiza.
In today’s world you will not be able to complete any Silverton conveyancing transaction without first providing evidence of your identity to your lawyers. This usually takes the form of a either your passport or driving licence and a utility bill. Remember if you are providing your driving licence as evidence of ID it must be both the paper part and photo card part, one is not acceptable without the other. Evidence of your source of funds is required under Money Laundering Regulations.