We note that you have a post code search directory identifying solicitors on the TSB conveyancing panel. Do companies pay you a commission if I retain them for our conveyancing in Moor Park?
We are a listing service only for law firms wishing to communicate if they are on the TSB conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Moor Park.
My aunt passed away last year and as sole heir and executor I was left the property in Moor Park. The house had a relatively small loan remaining of approximately £4500. I want to transfer the title deeds into my name whilst I re-mortgage to Kent Reliance, pay off the mortgage. Is this allowed?
Given you intend to refinance then Kent Reliance will require that you use 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.
We are planning on selling our property in Moor Park and the buyers lawyers are claiming that there is a risk of it being built land that was not decontaminated. Any high street Moor Park conveyancer would know that there is no such problem. It does beg the question why the purchasers are using a national conveyancing practice rather than a conveyancing solicitor in Moor Park. We have lived in Moor Park for six years we know that this is a non issue. Is it a good idea to get in touch with our local Authority to get confirmation need.
It would appear that you have a conveyancing solicitor currently acting for you. What do they say? You need to check with your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out health insurance to cover that same sickness)
How does conveyancing in Moor Park differ for newly converted properties?
Most buyers of new build premises in Moor Park approach us having been asked by the developer to sign contracts and commit to the purchase even before the residence is completed. This is because house builders in Moor Park typically acquire 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 property lawyers 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 Moor Park or who has acted in the same development.
I have been pointed in your direction by a few property agents in Moor Park to find a property lawyer on your site. What’s the financial upside for Estate Agents to market your services rather than another?
We refuse to offer any referral fee for sending work our way. We found it would be just too difficult to pay a commission because members of the public would think, ‘Why is the agent getting a kickback? Why am I not getting any benefit too?’ We would prefer to grow our business on genuine recommendations.