I'm in the process of swapping over from my domestic loan to a Buy to Let Barclays Direct mortgage. The bank has said that I need a lawyer for this. I had a chat the same Banstead conveyancing practitioner who who conducted the conveyancing when I first bought the premises. The fee calculation provided of £500 is an eye-watering amount to do this as its a remortgage than a sale or purchase.
The quote is slightly on the steep side. Where you are happy to expend time scrutinising prices you might reduce the fees marginally by say £125. That being said, assuming were satisfied with the conveyancing the firm provided you maylive to rue opting for an a cheaper solicitor. Remember to be sure that the firm can represent Barclays Direct. Do utilise our search tool to get a quote a Banstead conveyancing firm on the Barclays Direct approved list of lawyers, which can often include conveyancing solicitors in Banstead.
I decided to have a survey completed on a house in Banstead in advance of appointing solicitors. I have been told that there is a flying freehold element to the property. My surveyor has said that some lenders will refuse to issue a mortgage on such a home.
It depends who your proposed lender is. HSBC has different requirements from Halifax. Should you wish to telephone us we can check with the relevant lender. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Banstead. Conveyancing will be smoother if you use a solicitor in Banstead especially if they regularly deal with such properties in Banstead.
What does commercial conveyancing in Banstead cover?
Banstead conveyancing for business premises covers a broad array of services, provided by regulated solicitors, relating to business premises. For instance, this type of conveyancing can cover the sale or purchase of freehold business premises or, more usually, the transfer of existing leases or the drafting of new leasing arrangements. Commercial conveyancing solicitors can also offer advice on the sale of business assets, commercial loans and the termination of tenancies.
My husband and I are first time buyers - agreed a price, but the property agent has warned us that the vendor will only go ahead if we instruct their chosen conveyancers as they need an ‘expedited deal’. Our preferred option is to instruct a high street conveyancer accustomed to conveyancing in Banstead
It is unlikely the owners are driving this. Should the owner require ‘a quick sale', alienating a genuine buyer is going to damage their objectives. Speak to the vendors direct and make the point that (a)you are serious purchasers (b)you are ready to progress, with finances arranged © you are chain free (d) you intend to proceed fast (e)however you intend to appoint your preferred Banstead conveyancing lawyers - as opposed tothe ones that will give their negotiator at the agency a kickback or hit his conveyancing thresholds set by senior management.
I bought a flat in Banstead last 11/4/2024 and to date it is still not recorded with HM Land Registry. It was part of a development site and my conveyancing practitioner told me that it may take 12 months to complete the registration formalities. I have called the Land Registry directly and they say that the original application was cancelled due to failure to reply to requisitions. Should I be concerned?
It is your conveyancing practitioner that you should get in touch with in order to satisfy any concerns which have arisen as part of the registration formalities for your Banstead property. Normal Banstead conveyancing practice includes an undertaking on the part of the seller's conveyancing practitioner that they will assist in resolving any requisition raised by HMLR so it may be a case of taking action to enforce that undertaking if necessary.