I am buying a house for cash in Surrey. I have lived for the last 15 years in Surrey. Conveyancing searches are a lot of money. As I know the road and vicinity very well must I have all the conveyancing searches?
If you not getting a mortgage, then all but one or two of the Surrey conveyancing searches are at your discretion. Your conveyancer will ’encourage you, no-doubt strongly, that you should have searches done, but he has a professional duty to take that path of guidance. One thing to bear in mind; if you are likely to dispose of the house in the future, it will be of interest to your future buyer what the searches reveal. Sometimes properties with functional issues can still throw up unpredicted search results. A competent conveyancing solicitor in Surrey should be able to give you some sensible advice concerning this.
Yesterday I discovered that there is a flying freehold element on a property I put an offer in two weeks back in what should have been a straight forward, chain free conveyancing. Surrey is where the house is located. What do you suggest?
Flying freeholds in Surrey are rare but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Surrey you would need to get your solicitor to go through the deeds thoroughly. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Surrey may ascertain 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.
How do I identify a Surrey law firm on the Santander conveyancing panel? I have a car and am happy to travel upto 25kilometers to meet the conveyancer.
Feel free to make use of the facility on this page. Please choose the lender and your location and you will see a number of Surrey conveyancing lawyers based on proximity. We have listed some Surrey conveyancing firms at the bottom of this page and you can ring them to check if they are on the Santander member panel
I need to instruct a conveyancing solicitor for purchase conveyancing in Surrey. I have land on a site which seems to have the ideal answer If it is possible to get all the legals completed via phone that would be preferable. Do I need to be wary? What are the potential pitfalls?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?
Estate agents have just been given the go-ahead to market my 2 bed apartment in Surrey. Conveyancing is yet to be initiated, but I have just received a half-yearly maintenance charge demand – what should I do?
Your conveyancing lawyer is likely to suggest that you should clear the service charge as you normally would given that all rents and maintenance charges will be allotted on completion, so you will be reimbursed by the purchaser for the period running from after the completion date to the next payment date. Most managing agents will not acknowledge the buyer unless the service charges have been paid and are up to date, so it is important for both buyer and seller for the seller to show that they are up to date. This will smooth the conveyancing process.
I invested in buying a leasehold flat in Surrey, conveyancing having been completed February 2003. Can you work out an approximate cost of a lease extension? Corresponding properties in Surrey with over 90 years remaining are worth £206,000. The average or mid-range amount of ground rent is £45 charged once a year. The lease runs out on 21st October 2093
With only 67 years left to run the likely cost is going to be between £10,500 and £12,000 plus costs.
The figure above a general guide to costs for renewing a lease, but we cannot give you the actual costs in the absence of detailed due diligence. You should not use the figures in tribunal or court proceedings. There are no doubt other issues that need to be considered and you obviously should be as accurate as possible in your negotiations. Neither should you take any other action based on this information without first seeking the advice of a professional.
Online research suggests that Surrey solicitors are more costly than Surrey conveyancers in Surrey when it comes to buying a house. So is it better if I use a conveyancer or a solicitor where I am purchasing a property in Surrey.
When it comes to conveyancing in Surrey the costs are unlikely to vary dramatically depending on whether the legal expert is a licenced conveyancer or solicitor.