A loan agreement from Nationwide for the refinancing of my 2 room flat is expected any day now. Are you able to recommend a low cost conveyancing law firm in Croydon?
This site is not designed to help those in pursuit of the lowest fares for conveyancing in Croydon. Our goal is to offer value for money conveyancing but we do not work with the cheapest lawyers. Avoid the trap of appointing companies offering ninety nine pound conveyancing in Croydon. At best, in deciding on low cost conveyancing, you will receive what you pay for and at worst you will end up invoiced for additional fees and still not get the service you were looking for.
In what way does my ID and proof of funds have anything to do with my conveyancing in Croydon? What am I being asked for?
Anti-terror and anti-money-laundering regulations require solicitors and licensed conveyancers to verify the identity of the person or body they are dealing with prior to agreeing to accepting their conveyancing retainer. The Client Care letter that you are required to sign will no doubt confirm this. Your lender will also require certain documents to be viewed. Should you refuse to hand over ID verification documents, your conveyancer would not be able to accept instructions from you.
My aunt passed away 10 months ago and as sole heir and executor I was left the house in Croydon. The house had a small mortgage left on it of around £4500. I want to transfer the title deeds into my name whilst I re-mortgage to Aldermore, pay off the mortgage. Is this possible?
Given you plan to re-mortgage then Aldermore will insist on your using a conveyancer on the Aldermore 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 Aldermore 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 Aldermore mortgage is registered as a charge at the Land Registry.
I have recentlydiscovered that Action Conveyancing have been shut down. They carried out my conveyancing in Croydon for a purchase of a leasehold apartment 18 months ago. How can I be sure that the property is not still registered in the name of the previous owner?
The easiest method to check if the property is registered to you, you can carry out 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 Croydon conveyancing specialists.
I own a leasehold house in Croydon. Conveyancing and Platform Home Loans Ltd mortgage organised. I have received a letter from someone saying they have taken over the reversionary interest in the property. It included a demand for arrears of ground rent dating back to 1998. The conveyancing practitioner in Croydon who acted for me is not around. Do I pay?
First make enquiries of the Land Registry to make sure that this person is in fact the registered owner of the freehold reversion. It is not necessary to instruct a Croydon conveyancing solicitor to do this as it can be done on-line for a few pound. You should note that in any event, even if this is the legitimate freeholder, under the Limitation Act 1980 no more than 6 years of rent can be collected.
Having spent years of negotiations we cannot agree with our landlord on how much the lease extension should cost for our flat in Croydon. Does the Leasehold Valuation Tribunal have jurisdiction to calculate the appropriate figures?
Most certainly. We can put you in touch with a Croydon conveyancing firm who can help.
An example of a Freehold Enfranchisement matter before the tribunal for a Croydon premises is 29 Woodstock Road in April 2014. the Tribunal determined that the premiums to be paid into court in respect of the purchase of the freehold registered at HMLR under Title N0.SY3997 should be £7,217. This case related to 4 flats. The unexpired term as at the valuation date was 98 years.