I have just started taking steps with the intention of transferring my domestic mortgage to a Buy to Let TSB mortgage. I was told by my mortgage that I need a conveyancer for this. I got in contact with my former Westbourne conveyancing practitioner who acted on my behalf when I initially purchased the property. The fee calculation e-mailed to me of £550 has surprised me as its a refinance than a sale or purchase.
The estimate does seem a tad on the high side. Where you are content to expend time contrasting quotes you might get the conveyancing a bit cheaper by say £100 plus VAT. That being said, assuming were satisfied with the legal work the firm offered you couldlive to rue opting for an an untested conveyancer. Remember to check that the conveyancer can represent TSB. Do make use of our search tool to find a Westbourne conveyancing firm on the TSB member panel, which can often include conveyancing solicitors in Westbourne.
I need some expedited conveyancing in Westbourne as I am faced with an ultimatum to complete in less than one month. A home loan is not required. Can I decline from having conveyancing searches to save money and time?
As you are are a mortgage free buyer you have the choice not to have searches conducted although no lawyer would advise that you don't. With lots of history conveyancing in Westbourne the following are examples of what can arise and therefore affect future mortgageability: Enforcement Notices, Outstanding Charges, Overdue Grants, Unadopted Roads,...
I used Stirling Law a few years past for my conveyancing in Westbourne. I now require my file but the law firm has closed. What do I do?
You should call the Solicitors Regulatory Authority (SRA) to assist in tracing your conveyancing files. They can be contacted on please contact on 0870 606 2555. Alternatively, you should use their online form to make an enquiry. You will need to provide the SRA with as much information as possible to assist their search, including the name and address in Westbourne of the conveyancing firm of solicitors you previously retained, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.
The estate agent has sent us the confirmation of our purchase of a new build flat in Westbourne. Conveyancing is daunting at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build legal work.
Here are examples of a few leasehold new build questions that you should expect your new-build leasehold conveyancing in Westbourne
The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme. Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier? The Lease must contain a provision on behalf of the Vendor to pay the service charges in respect of unoccupied units in order to ensure that all services can be provided. Where there is an Undertaking being granted there is the risk of forfeiture of the Headlease subject to relief if one or more of the Underlessees are willing to accept the original Head Lessee’s obligations as otherwise relief will be denied to the Underlessees. The only alternatives are the Head Lessor agreeing not to forfeit the Headlease or the Head Lessee guaranteeing to the Underlessees that it will not be in breach of the Headlease.
Yesterday I discovered that there is a flying freehold element on a house I put an offer in last month in what should have been a quick, chain free conveyancing. Westbourne is the location of the property. What do you suggest?
Flying freeholds in Westbourne are rare but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Westbourne you would need to get your solicitor to go through the deeds very carefully. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Westbourne may decide that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold property.