Find a Southwater Conveyancing Solictior on Your Lender’s Panel

Ready to buy a new home in Southwater? Failing to check that a lawyer is on your lender’s list of approved solicitors can put your Southwater conveyancing at risk of delay or failure.

Only LenderPanel.com provides a subset of authorised Southwater conveyancers for over 130 lenders.

Recently asked questions about conveyancing in Southwater

Is there a reason to appoint a Southwater conveyancing firm given that online conveyancers are more affordable?

To take your time to find scrutinise conveyancing costs in Southwater and you should seek an affordable quote but don’t become consumed with hunting for the lowest priced Southwater conveyancer. Finding the right conveyancer can mark the distinction between a seamless and a distressing home move. You need to ensure that you have expert guidance from a trusted solicitor. An e-mail can never replace a phone call and are no substitute for a one to one consultation. The firms that we work with will allocate you a qualified and top rated conveyancing solicitor that will handle your conveyancing from beginning to end, providing a level of personalised service that you rarely receive from an online conveyancer. He or She will contact you regularly to update you as to headway and keep you informed. Should it ever be necessary to call the office you will know who to ask for and they will endeavour to make sure that you are kept fully informed.

My partner and I changing mortgage lender for our apartment in Southwater with Virgin Money. We have a son approaching twenty who lives with us. Our solicitor requested us to identify anyone over the age of 17 other than ourselves who reside at the property. The solicitor has now sent a form for our son to sign, giving up any rights in the event that the apartment is forfeited by the lender. I have a couple of concerns (1) Is this document specific to the Virgin Money conveyancing panel as he never had to sign this form when we remortgaged 4 years ago (2) Does our son by signing this compromise his entitlement 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 Virgin Money. This is solely used to protect Virgin Money 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 Virgin Money 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.

Over the last few months I have been searching for a leasehold apartment up to £245,000 and identified one near me in Southwater I like with open areas and transport links nearby, however it only has 49 remaining years left on the lease. There is not much else in Southwater for this price, so just wondered if I would be making a mistake buying a lease with such few years left?

If you need a home loan the shortness of the lease will be a potential deal breaker. Discount the price by the anticipated lease extension will cost if not already taken into account. If the existing owner has owned the property for a minimum of twenty four months you can ask them to commence the lease extension formalities and pass it to you. An additional ninety years can be extended on to the current lease and have £0 ground rent by law. You should speak to your conveyancing solicitor about this.

My business partner and I are looking to take over a lease of a shop on the high street. Can you recommend solicitors offering competitive fees for commercial conveyancing in Southwater for under £1,200?

We can recommend firms who have specialist knowledge of commercial conveyancing in Southwater, including the sale and acquisition of businesses as well as simply premises. If you are intending to purchase or sell a shop, pub, restaurant, office, retail unit or a complete business we can put you in touch with the right solicitor. As for the charges this will depend on the structure and nuances of the deal. Please provide us with your details or telephone so as to enable us to furnish you with a detailed commercial conveyancing quote.

I pay a service charge for my appartment in Southwater. As a result of poor financial planning I fell behind with remittance. The managing agents agreed a payment schedule but there remains three grand outstanding as of today.

I now wish to dispose of the property and I am panicking this may hold me back if I have to pay off the arrears in advance. I'd like to sell up and then repay the arrears from the completion monies - is this viable?

Do speak with the conveyancing practitioner dealing with your Southwater conveyancing but one option could be to agree for the arrears to be transferred to the purchasers. The contractual price payable would be reduced to reflect the amount of debt they take on. They would then discharge the arrears once they are the owners.

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