Much to our surprise we have been notified by our financial adviser that my Surbiton the law firm I have appointed is not on the bank Solicitor panel. What can I do to be sure if this is correct?
The best course of action for you to take is to call your Surbiton conveyancer. It is reasonable to expect your lawyer to inform you of the situation. Where they are not on the panel they could put your in touch with solicitors on the approved list of lawyers for your bank.
Finally the sale completed on my house in Surbiton last August yet the purchaser is texting every few hours complaining that their conveyancer is waiting to hear from mine. What should have happened following completion?
Post completion of your sale your solicitor should send the transfer documentation and all supplemental paperwork to the buyer’s lawyers. If applicable, your conveyancer must also send confirmation that the mortgage has been redeemed to the purchasers conveyancers. There are no post completion formalities specific conveyancing in Surbiton.
Me and my brother have a semi-detached Victorian house in Surbiton. Conveyancing solicitor represented me and Alliance & Leicester . I happened to do a free search for it on the Land Registry database and I saw a couple of entries: the first freehold, another for leasehold under the exact same property. I thought I was buying a freehold how can I check?
You should review the Freehold register you have again and check the Charges Register for 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 Surbiton and other areas of the country and poses no real issues for owners other than when they mortgage they have to account for both freehold and leasehold interests when dealing with mortgage companies. You can also question the situation with your conveyancing lawyer who conducted the purchase.
Over the last few months I have been searching for a flat up to £235,500 and found one close by in Surbiton I like with amenity areas and transport links nearby, however it only has 61 remaining years left on the lease. There is not much else in Surbiton in this price bracket, so just wondered if I would be making a grave error acquiring a short lease?
Should you require a mortgage that many years may be an issue. Discount the offer by the anticipated lease extension will cost if not already taken into account. If the current owner has owned the premises for a minimum of twenty four months you may request that they commence the lease extension formalities and pass it to you. An additional ninety years can be extended on to the current lease and have £0 ground rent by law. You should consult your conveyancing solicitor regarding this.
Should I appoint a Surbiton conveyancing practitioner based in the area that I am buying? An old friend can execute the conveyancing but they are based a couple of hundredmiles drive away.
The benefit of a local Surbiton conveyancing practice is that you can pop in to sign paperwork, hand in your identification documents and pester them where appropriate. They will also have local insight which is a plus. However nothing is more important than finding someone that will pull out all the stops for you. If other friends have used your friend and they were content that must surpass using an unknown Surbiton conveyancing lawyer just because they are round the corner.
Should I cancel my mortgage payments with TSB once a completion date for my sale in Surbiton has been agreed?
No, you should continue paying any mortgage payments to TSB pending the mortgage being discharged on completion as part of your Surbiton conveyancing.