Me and my partner are purchasing our first property. The solicitor has calledto check if we wish to take out extra conveyancing searches. Frankly we are clueless as to what's relevant for conveyancing in South Wimbledon
The scope of South Wimbledon conveyancing searches depends entirely on the premises, the location, the probability of any of these risks, your knowledge of the locality and risks, your overall approach to risk. What matters is that you properly understand what information the searches could supply. Then you can make a decision if you consider that you need that information. Should you be uncertain, ask your property lawyer to recommend.
We are selling our house in South Wimbledon. Will my solicitor need to be on the UBS conveyancing panel in order to deal with the discharge of my mortgage?
Ordinarily, even if your lawyer is not on the UBS conveyancing panel they can still act for you on your sale. It might be that the lender will not release the original deeds (if applicable and increasingly irrelevant) until after the mortgage is paid off. You should speak to your lawyer directly before you start the process though to ensure that there is no problem as lenders are changing their specifications fairly frequently currently.
five months have gone by following my purchase conveyancing in South Wimbledon completed. I have checked the Land Registry website which shows that I paid £200,000 when infact I paid £180,000. 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.
Over the last few months I have been searching for a flat up to £195,000 and found one round the corner in South Wimbledon I like with a park and railway links in the vicinity, however it only has 61 remaining years left on the lease. I can't really find anything else in South Wimbledon suitable, so just wondered if I would be making a grave error purchasing a short lease?
Should you need a home loan the shortness of the lease may be an issue. Discount the offer by the anticipated lease extension will cost if it has not already been discounted. If the existing proprietor has owned the premises for at least 2 years you can request that they commence the lease extension formalities and then assign it to you. An additional ninety years can be extended on to the current lease term and have £0 ground rent by law. You should consult your conveyancing lawyer about this.
How easy is it to swap solicitor as I have to find one who is on the Nationwide Building Society conveyancing panel. I hired a local conveyancing solicitor in South Wimbledon round the corner but he is not accepted by Nationwide Building Society
It would be our pleasure to assist you find a conveyancing solicitor in South Wimbledon on the Nationwide Building Society panel. Please note that the conveyancers that we work with do not pay us a referral fee if you instruct them and are registered with the Solicitors Regulation Authority who oversee all conveyancing solicitors in South Wimbledon. Using search facility on this website, you can scrutinise charges for conveyancing solicitors in South Wimbledon and throughout England and Wales.
Been reading online that South Wimbledon solicitors are more costly than licensed conveyancers in South Wimbledon when it comes to purchasing a property. Am I better off using a conveyancer or a solicitor if I am purchasing a house in South Wimbledon.
When it comes to conveyancing in South Wimbledon the costs are unlikely to vary dramatically depending on whether the legal expert is a licenced conveyancer or solicitor.