My partner’s dad is a conveyancing practitioner. I am hopeful that I will receive friends and family rates for conveyancing, However if that does not come through, what level of fees should I be expecting for conveyancing in Epsom?
It’s advisable to seek 3 or more like-for-like conveyancing estimates. Make use of our search tool on this site. Whilst fees will contrast greatly but the service one can expect differ between solicitors as is the case with most professions.
We are expecting a mortgage offer soon. The lender mentioned the loan came with free conveyancing. Is the implication that I have to use their panel solicitor as I would much rather instruct a specialised conveyancing solicitor in Epsom?
Do check but the the probability is that give you one of their panel lawyers where you take up the "fee-free" incentive. Call the bank and check if they make available a monetary alternative. In the past a few lenders offered a £250 cashback as an alternative in which case that money can go towards your preferred conveyancing solicitor in Epsom.
We are due to move property in April. Will my conveyancing solicitor communicate with the removal company on the completion day. As an aside, can you suggest a removal company in Epsom. Conveyancing solicitor was chosen before I stumbled across this site.
On the afternoon of completion you can pick up the house keys from your selling agent however this should only be done when the previous owners solicitors advise the agent that they acknowledge receipt of the completion payment and the keys can be passed over. After that you can advise the removal company that you are ready to move in. We do not recommend a specific removal company but can assist you in locating a conveyancing in Epsom or a lawyer that specialises in conveyancing in Epsom.
I had a mortgage agreed in principle with Virgin Money. Epsom conveyancing solicitors were chosen. What is the average time that one could expect to receive a mortgage offer from Virgin Money?
There is no definitive answer here. Have Virgin Money conducted the valuation? Have you informed Virgin Money as to your lawyers' details and checked that your lawyers are on the Virgin Money conveyancing panel? It is not unusual for a mortgage offer to take a month to come through.
My sealed bid on a semi in Epsom has been accepted, but there is a chain. The sellers have offered on on an apartment, but it’s not been accepted yet, and are looking at other properties in the pipeline. I have chosen a local conveyancing solicitor in Epsom. What should be my next step? At what point do I apply for the mortgage with Co-operative?
It is normal to have anxieties where there is a chain as you are unlikely to want to incur expenses prematurely (home loan application is approx £1k, then valuation, Epsom conveyancing search fees, etc). First, you must check that your solicitor is on the Co-operative approved list. Regarding the subsequent stages this very much dictated by the circumstances of your transaction, motivation for the property and on the state of the market. During a hot market the majority of home buyers will apply for the mortgage with Co-operative and arrange for the valuation and only if it comes back ok would they ask their conveyancer to press on with the conveyancing in Epsom.
I am looking for a leasehold apartment up to £305k and found one round the corner in Epsom I like with a park and station nearby, the downside is that it only has 51 remaining years left on the lease. I can't really find anything else in Epsom in this price bracket, so just wondered if I would be making a mistake acquiring a short lease?
Should you need a mortgage the shortness of the lease will likely be a potential deal breaker. Discount the price by the amount the lease extension will cost if not already taken into account. If the existing owner has owned the premises for a minimum of twenty four months you may ask them to commence the lease extension formalities and pass it to you. An additional ninety years can be extended on to the existing lease term and have £0 ground rent by law. You should consult your conveyancing lawyer concerning this matter.
What is the difference between surveying and conveyancing in Epsom?
Conveyancing - in Epsom or elsewhere - is the process of legally transferring legal title of property from one person to another. It involves the checking of the title. Whether buying or selling, you should be aware of anything affecting the property such as proposals by government departments, illegal buildings, or outstanding rates. The conveyancer should conduct the appropriate searches and inquiries on the property. Surveying relates to the structure of a property itself. A surveyor will look at a house, flat and any outbuildings you are buying and will help you discover the condition of the building and, if there are problems, give you a powerful reason for reducing the price down or asking the seller to remedy the problems before you complete your move.