We hired a Waterloo based firm for my conveyancing in Waterloo yesterday. Reviewing the terms of engagement it is apparent thatwe are liable for charges even if the movedoes not happen. Should I go with them or instruct an on-line conveyancing company offering no move no charge conveyancing in Waterloo?
It is usually ‘give and take’ in that if "No Completion No Fee" is offered then the fee levels will tend to be be uplifted to offset the transactions that abort. Do bear in mind that such deals rarely protect you from disbursements for instance Waterloo conveyancing search charges.
My grandmother passed away 10 months ago and as sole heir and executor I was left the property in Waterloo. The house had a small mortgage left on it of around £5k. I want to have the title changed into my name whilst I re-mortgage to Coventry BS, pay off the mortgage. Is this possible?
If you plan to re-mortgage then Coventry BS will require that you use a conveyancer on the Coventry BS 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 Coventry BS 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 Coventry BS mortgage is registered as a charge at the Land Registry.
four months have gone by following my purchase conveyancing in Waterloo completed. I have checked the Land Registry website which shows that I paid £175,000 when infact I paid £180,000. 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 premises 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.
Due to the encouragement of my in-laws I had a survey completed on a house in Waterloo in advance of appointing conveyancers. I have been told that there is a flying freehold aspect to the property. Our surveyor has said that some banks tend not grant a mortgage on a flying freehold home.
It varies from the lender to lender. Lloyds has different instructions for example to Halifax. If you call us we can investigate further with the relevant bank. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Waterloo. Conveyancing may be slightly more expensive based on your lender's requirements.
I am using a search engine for the phrase on line conveyancing in Waterloo it brings up numerous property lawyerslocally. With so much choice what is the best way to find the right conveyancing solicitor for the sale of my house?
The best method of finding a suitable conveyancer is via personal testimonial, so ask friends and those you trust who have bought a property in Waterloo or a reputable estate agent or financial adviser. Costs for conveyancing in Waterloo vary, so it's sensible to request a minimum of three estimates from different conveyancers. Dont forget to clarify what costs in the quote includes.