I'm in the process of swapping over from my current homeowner home loan to a Buy to Let HSBC Bank mortgage. The bank has said that I require a lawyer for this. I got in contact with my past Headington conveyancing solicitor who who completed the conveyancing when I first acquired the premises. The costs illustration issued of £470 has taken me by surprise as I am not require purchase conveyancing - it’s just a straightforward remortgage.
The estimate does seem a little steep. Where you are willing to invest time scrutinising quotes you may be able to shave off some of the expense by perhaps a hundred pounds. On the other hand, assuming were content with the legal work the firm offered you maylive to rue opting for an an unknown lawyer. Remember to ensure that the firm can also act for HSBC Bank. Do use our search tool to find a Headington conveyancing firm on the HSBC Bank approved list of lawyers, which can often include conveyancing solicitors in Headington.
My apartment in Headington is up for sale and I have a buyer. Does the lawyer have to be required to be on the Coventry BS conveyancing panel in order to deal with paying off my mortgage?
Ordinarily, even if your lawyer is not on the Coventry BS conveyancing panel they can still act for you on your sale. It might be that the lender will not release the original deeds (if applicable and increasingly irrelevant) until after the mortgage is paid off. You should speak to your lawyer directly before you start the process though to ensure that there is no problem as lenders are changing their specifications fairly frequently in recent years.
The deeds to our property are lost. The conveyancers who dealt with the conveyancing in Headington 4 years ago are no longer around. Will I be able to sell the house?
As long as the title is registered the information relating to your ownership will be recorded by the Land Registry under a Title Number. It is possible to execute a search at the Land Registry, identify your house and get up to date copies of the Registered Entries for a small fee. Where the property is Leasehold then the Land Registry will also normally hold a certified duplicate of the Registered Lease and again, a copy can be obtained for a small fee.
In my capacity as executor for the estate of my father I am selling a property in Monmouth but I am based in Headington. My conveyancer (based 250 miles awayhas requested that I sign a statutory declaration before the transaction finalising. Can you recommend a conveyancing lawyer in Headington to attest this legal document for me?
Technically speaking you are unlikely to be required to have the documents attested by a conveyancing solicitor. Normally any notary public or qualified solicitor will do regardless of whether they are based in Headington
My brother is purchasing a basement flat in Headington. He has received an estimate by the conveyancing practitioner connected to the selling agents and it came to £1385 . It was eight years ago since I sold and purchased a home and it cost was £just under five hundred pounds. Have charges really increased to that extent?
What does the conveyancing estimate include? Is it just for the legal fees, or what you will be paying in total (for instance Headington searches, land registry fees, etc)