How do I find the right solicitor to supply a high level service for my conveyancing in Ruislip?
First ask connections who they would recommend.
Second, use a search tool on the web for conveyancing in Ruislip. Phone a couple or more firms from the list and ask them to forward you their conveyancing costs illustrations and speak to the lawyer who will conduct your conveyancing prior tomaking your choice.
Option 3 is to use this site to help you find the right lawyers for you based on your personal expectations including the type of property,deadlines, complications and who the proposed mortgage company is. Resist the temptation to appoint low cost conveyancing in Ruislip
My wife and I intend to remortgage our penthouse in Ruislip with Nottingham. We have a son 19 who lives with us. Our solicitor requested us to identify any adults other than ourselves who reside at the property. The solicitor has now sent a form for our son to sign, waiving any legal rights in the event that the apartment is forfeited by the lender. I have two questions (1) Is this document specific to the Nottingham conveyancing panel as he never had to sign this form when we bought 4 years ago (2) In signing this form is our son in any way compromising his right to inherit the property?
On the face of it your lawyer has done nothing wrong as it is established procedure for any occupier who is aged 17 or over to sign the necessary Consent Form, which is purely to state that any rights he has in the property are postponed and secondary to Nottingham. This is solely used to protect Nottingham if the property were re-possessed so that in such circumstances, your son would be legally obliged to leave. It does not impact your son’s right to inherit the apartment. Please note that if your son were to inherit and the mortgage in favour of Nottingham had not been discharged, he would be liable to take over the loan or pay it off, but other than that, there is nothing stopping him from keeping the property in accordance with your will or the rules of intestacy.
I completed on my flat on 3 February and the transaction details is yet to be registered. Should I be concerned? My conveyancing solicitor in Ruislip advises it would be dealt with in a couple of weeks. Are properties in Ruislip particularly slow to register?
As far as conveyancing in Ruislip registration is no quicker or slower than anywhere else in England and Wales. Rather than based on location, timescales can differ according to who lodges the application, whether there are errors and whether the Land registry need to notify any other parties. Currently approximately 80% of submission are fully addressed in less than three weeks but some can be subject to extensive delays. Historically registration occurs once the buyer is living at the premises so 'speed' is not always an essential issue yet if it is urgent that the the registration takes place urgently then you or your lawyers should contact the land registry and explain the circumstances.
I am selling my house. My past solicitors has retired. It would be helpful to have a recommendation of a conveyancing firm. I happen to live in Ruislip if that makes things easier.
You should use our search tool to help you find a solicitor for your conveyancing in Ruislip. We have connected thousands of home buyers and sellers with regulated solicitors to ensure that the legalities of their house move runs smoothly.
I own a leasehold flat in Ruislip. Conveyancing was finished in last year. I have been told that I should not allow the the remaining lease term to get too low. Why is that a problem?
Ruislip leasehold properties are for a fixed period - normally ninety nine years when they are first granted. However many appartments in Ruislip were built or converted 20 or more years ago and so such leases now have less than 80 years remaining. That may sound like a long time but Banks, Building Societies and other mortgage lenders tend to need leases to have a minimum of seventy five years left to be mortgageable. Accordingly when you come to sell the property you will need to extend the term of your lease if you are nearing eighty years. To increase your property value you should be thinking about whether to extend your lease long before you come to sell it. There are also advantages to doing so before the lease reaches even 80 years as when the lease falls below eighty years the premium to be paid to extend starts to escalate.