I plan on acquiring a maisonette in West Byfleet. My lawyer is not listed on the lender conveyancing list. Can I still continue with my West Byfleet conveyancing solicitor even though they are excluded from the mortgage company list of approved lawyers?

You must use a solicitor to complete the formalities if you take out a loan to buy your property. They will conduct all the necessary legal checks on the property, make sure that you’re properly registered as the owner and ensure that all the necessary mortgage documentation is dealt with. One could select a West Byfleet property lawyer of your choosing. Nevertheless, if the conveyancer selected is not on the mortgage company approved list supplemental costs will arise as separate legal representation will be required by them. Lender panel applications can be submitted, so if your lawyer has not in the past applied for membership they can do so.

Will conveyancers ask for money up-front for my conveyancing in West Byfleet?

If you are buying a property in West Byfleet your solicitor will ask you to provide them with monies to cover the the cost of the conveyancing searches. Normally this is asked for to cover the fees of the conveyancing searches. If any deposit is as part of the total price then this will be asked for immediately in advance of exchange of contracts. The final balance that is needed should be transferred a few days prior to the completion date.

I opted to have a survey completed on a property in West Byfleet ahead of appointing conveyancers. I have been informed that there is a flying freehold overhang to the property. Our surveyor advised that some banks will not issue a mortgage on this type of property.

It varies from the lender to lender. Santander has different instructions for example to Halifax. Should you wish to call us we can look into this further via the relevant bank. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in West Byfleet. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in West Byfleet to see if the conveyancing will be more expensive.

Do I need to be concerned by brokers that I am dealing with are suggesting an internet conveyancing firm as opposed to a High Street West Byfleet conveyancing company?

As with lots of professional services, often suggestions from relatives can be extremely useful or valuable. Yet there are many parties with a keen interest in a conveyancing deal; estate agents, financial adviser and banks may suggest solicitors to instruct. Sometimes these solicitors might be known to one of the organisations as experts in their field, but sometimes there exists a financial incentive behind the endorsement. You have the right to select your preferred conveyancer. However, bear in mind that the majority of banks operate an approved list of solicitors you have to use for the lender aspect of your house move.

Back In 2006, I bought a leasehold house in West Byfleet. Conveyancing and Godiva Mortgages Ltd mortgage are in place. A letter has just been received from someone claiming to own the reversionary interest in the property. It included a ground rent demand for rent dating back to 1996. The conveyancing practitioner in West Byfleet who previously acted has long since retired. What should I do?

The first thing you should do is contact the Land Registry to be sure that the individual purporting to own the freehold is in fact the registered owner of the freehold reversion. It is not necessary to incur the fees of a West Byfleet conveyancing firm to do this as you can do this on the Land Registry website for a few pound. You should note that regardless, even if this is the rightful freeholder, under the Limitation Act 1980 no more than 6 years of rent can be collected.

West Byfleet Leasehold Conveyancing - Sample of Questions you should consider Prior to Purchasing

If a West Byfleet lease has no more than eighty years it will impact the value of the apartment. It is worth checking with your mortgage company that they are willing to lend given the lease term. Leases with fewer than 80 years remaining means that you will almost definitely have to extend the lease sooner rather than later and it is worth discovering what this would cost. Remember, in most cases you will need to own the premises for two years before you are entitled to extend the lease. How much is the service charge and ground rent on the apartment? Make sure you enquire if there is anything that is prohibited in the lease. For example plenty of leases prohibit pets being permitted in in a block in West Byfleet. If you like the propertyin West Byfleet but your dog can’t make the move with you then you have a very hard choice.