My friend's uncle is a solicitor. I am hopeful that I'll be able to get friends and family rates for conveyancing, However if that does not come through, what kind of fees should I be paying for conveyancing in Chesham?
It’s a good idea to obtain two or three conveyancing quotes. Make use of our search tool on this site. You will notice that prices will contrast greatly but the service one can expect are distinct between solicitors as is the case with the vast majority of professional services.
What does my ID and proof of funds have anything to do with my conveyancing in Chesham? What am I being asked for?
Chesham conveyancing solicitors as well as nationwide property practitioners accross the UK have a duty under Anti-terror and anti-money-laundering rules to verify the ID of any client with a view to satisfy themselves that clients are who they say they are.
Conveyancing clients are required to supply two forms of certified ID; proof of ID (usually a Passport or Driving Licence) and proof of address (usually a Bank Statement no older than three months).
Proof of the origin of funds is also required under the money laundering regulations as solicitors are mandated to investigate that the funds you are using to purchase a property (be it the exchange deposit or the full purchase price where you are buying without a mortgage) has come from an acceptable source (such as an inheritance) as opposed to the fruits of illegitimate activity.
My grandmother passed away last year and as sole heir and executor I was left the house in Chesham. The house had a small mortgage left on it of around £5k. I want to transfer the title deeds into my name whilst I re-mortgage to Lloyds, pay off the mortgage. Is this possible?
Given you plan to refinance then Lloyds will require that you use a conveyancer on the Lloyds conveyancing panel. Here is link to the Land Registry online guidance around what to do when a property owner dies. This will help you to understand the registration process behind changing the details re the registered title. in your case it would appear that you are effectively purchasing the property from the estate. Your Lloyds conveyancing panel solicitor pays the new mortgage money into the estate, the estate pays off the old mortgage, the charge is released and you become the owner and the Lloyds mortgage is registered as a charge at the Land Registry.
I need some quick conveyancing in Chesham as I am faced with an ultimatum to sign on the dotted line in less than one month. A home loan is not required. Can I decline from having conveyancing searches to save money and time?
If.Given you are not getting a home loan you have the choice not to have searches conducted although no solicitor would recommend that you don't. Drawing on our experience of conveyancing in Chesham the following are examples of what can show up and therefore affect future mortgageability: Refused Planning Applications, Overdue Charges, Overdue Grants, Road Schemes,...
How does conveyancing in Chesham differ for newly converted properties?
Most buyers of new build property in Chesham come to us having been asked by the developer to exchange contracts and commit to the purchase even before the residence is finished. This is because house builders in Chesham tend to buy the site, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancing solicitors as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are accustomed to new build conveyancing in Chesham or who has acted in the same development.