Have just purchased a repossessed house at auction in Teddington. Conveyancing is needed. What are my next steps?
Now that you are exchanged you should hire the services of a conveyancing practitioner quickly as you are faced with a tight a fixed date to complete the property. An auction property will have a bespoke auction set of papers. This should include evidence of title and search results. If you have purchased leasehold property the conveyancing papers may contain a copy of the lease, management information and a sellers leasehold information form and associated conveyancing paperwork relating to leasehold premises. You need to hand this to your appointed conveyancing solicitor ASAP. Do make sure that your finances are in place to complete the transaction on the set completion date.
I had a mortgage agreed in principle with Barclays. Teddington conveyancing solicitors have been selected. What is the average time that one could expect to receive a mortgage offer from Barclays?
Some lenders take longer than others. Have Barclays conducted the valuation? Have you advised Barclays as to your lawyers' details and checked that your lawyers are on the Barclays conveyancing panel? It is not unusual for a mortgage offer to take a month to come through.
I am selling my house. I had a double glazing fitted in December 2007, but did not receive a FENSA certificate or Building Regulation Certificate. My purchaser’s lender, Santander are being a right pain. The Teddington solicitor who is on the Santander conveyancing panel is recommending indemnity insurance as a solution but Santander are requiring a building regulation certificate. Why do Santander have a conveyancing panel if they don't accept advice from them?
It is probably the case that Santander have referred the matter to their valuer. The reason why Santander may not want to accept indemnity insurance is because it does not give them any reassurance that the double glazing was correctly and safely installed. The indemnity insurance merely protects against enforcement action which is very unlikely anyway.
It has been three months since my purchase conveyancing in Teddington completed. I have checked the Land Registry website which shows that I paid £150,000 when infact I paid £160,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the asset from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
I have been on the look out for a leasehold apartment up to £235,500 and identified one near me in Teddington I like with a park and railway links nearby, however it only has 51 remaining years left on the lease. There is not much else in Teddington for this price, so just wondered if I would be making a grave error acquiring a lease with such few years left?
If you require a mortgage that many years will likely be problematic. Reduce the offer by the amount the lease extension will cost if not already taken into account. If the current proprietor has owned the premises for a minimum of 2 years you may ask them to start the process of the extension and pass it to you. You can add 90 years to the current lease term and have £0 ground rent by law. You should speak to your conveyancing lawyer concerning this matter.
I am downsizing from my property. My past conveyancers have shut. I am in need of a recommendation of a conveyancing firm. Im based in Teddington if that makes things easier.
Please use our search tool to help you find a solicitor for your conveyancing in Teddington. We have connected thousands of home buyers and sellers with lender approved solicitors to ensure that the legalities of their house move goes with a minimum of fuss.
Am I best advised to use a Teddington conveyancing practitioner who is local to the property I am purchasing? I have an old university friend who can deal with the legal formalities but her office is approximately 350kilometers away.
The primary upside of using a high street Teddington conveyancing firm is that you can visit the firm to sign paperwork, present your identification documents and pester them where appropriate. They will also have local knowledge which is a plus. That being said it's more important to get someone that will do a good and efficient job. If you know people who used your friend and on the whole were impressed that should outweigh using an unfamiliar Teddington conveyancing lawyer just because they are round the corner.