I am looking for value for money conveyancer. Should I go for for a web based conveyancer as opposed to a local Belgravia conveyancing lawyer?
Existing third party relationships is an important consideration when appointing conveyancing lawyers. Belgravia conveyancers benefit from long term relationships with lenders and selling, local authorities, valuers and other law firms meaning the whole process is going to be much smoother for you. Having a sound knowledge of the local area also helps too.
I have justfound out that Wolstenholmes have closed. They conducted my conveyancing in Belgravia for a purchase of a leasehold flat 10 months ago. How can I be sure that the property is not still registered in the name of the previous owner?
The easiest way to check if the property is registered to you, you can make a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Belgravia conveyancing specialists.
I am purchasing my first flat in Belgravia with a loan from Barnsley Building Society. The sellers would not budge the amount so I negotiated five thousand pounds worth of additionals instead. The house builders rep told me not to tell my solicitor about the extras as it would put at risk my mortgage with the bank. Do I keep my lawyer in the dark?.
All lenders require a Disclosure of Incentives Form from the builder of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.
Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.
Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.
I have been on the look out for a leasehold apartment up to £245,000 and identified one close by in Belgravia I like with a park and railway links in the vicinity, the downside is that it's only got 52 years on the lease. I can't really find anything else in Belgravia for this price, so just wondered if I would be making a mistake buying a lease with such few years left?
Should you need a mortgage the shortness of the lease may be an issue. Discount the price by the anticipated lease extension will cost if not already taken into account. If the current proprietor has owned the premises for at least twenty four months you could request that they start the process of the extension and pass it to you. You can add 90 years to the current lease term and have £0 ground rent by law. You should speak to your conveyancing solicitor concerning this matter.
I need to appoint a conveyancing solicitor for freehold conveyancing in Belgravia. I've chance upon a web site which seems to have the perfect answer If there is a chance to get all formalities done via web that would be preferable. Should I 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?