In the event thatI were to buy a straightforward housein Essex mortgage fee and have no survey and no conveyancing searches how much could I expect to to save on my conveyancing in Essex?
Any savings you would make would be limited to the disbursement for searches. The solicitor is obliged to do the vast majority of work - money laundering, correspond with your vendors conveyancing practitioner, SDLT submission, register the property etc. A marginal saving might be made by not having to register a mortgage but it won't be significant.
We note that you have a search directory identifying firms on the Kent Reliance conveyancing panel. Do firms pay you a commission if I instruct them for our own conveyancing in Essex?
We are a listing service only for law firms wishing to communicate if they are on the Kent Reliance conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Essex.
My aunt passed away six months ago and as sole heir and executor I was left the property in Essex. The house had a relatively small loan left on it of around £5k. I want to have the title changed into my name whilst I re-mortgage to Kent Reliance, pay off the mortgage. Is this allowed?
Given you plan to refinance then Kent Reliance will insist on your using a conveyancer on the Kent Reliance 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 Kent Reliance 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 Kent Reliance mortgage is registered as a charge at the Land Registry.
Are there restrictive covenants that are commonly picked up during conveyancing in Essex?
Covenants that are restrictive in nature can be picked up when reviewing land registry title as part of the legal transfer of property in Essex. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
I'm remortgaging my current house to a BTL loan with Barclays Direct and intend to use the remaining equity as a deposit on a second property. The neighborhood we are interested in is Essex. Will your conveyancers be able to act for both sets of banks and tie in the conveyances?
Make use of our search tool on this page to check that the lawyers are approved by both mortgage companies. On the basis that they are your conveyancer should be able to simultaneously deal with the two transactions but you should have a chat with you solicitor and make apparent your expectations and needs.