Why is leasehold purchase conveyancing in Raynes Park costs more?
The conveyancing fees on a leasehold property in Raynes Park is often more expensive than on a freehold acquisition or disposal. This is because there is an amount of extra investigations required in corresponding with the landlord and managing agents to collate the information about whether the rent and maintenance fee have been paid and whether there are any significant expenditure in the foreseeable future on repairs or maintenance of the block.
I am purchasing a property and require a conveyancing solicitor in Raynes Park who is on the Coventry Building Society conveyancing. Could you point me in the right direction as regards a firm?
Our service is limited to being a directory service for firms who wish to listed as being on the approved conveyancing panel for Coventry Building Society in certain locations such as Raynes Park. We dont recommend any particular firm.
This question may be naive but I am unexperienced as FTB of a ground floor flat in Raynes Park. Do I collect the keys to the premises on completion from my solicitor? If this is the case, I will appoint a local conveyancing solicitor in Raynes Park?
On the day of completion you do not need to attend the conveyancers office in Raynes Park. Conveyancing lawyers for you will electronically transfer the purchase money to the owner’s conveyancers, and shortly after the monies have arrived, you should be invited to collect the keys from the selling Agents and move into your new home. Usually this happens early afternoon.
Can you help - my lawyer says that restrictive coveneant insurance is needed on my purchase. What is the typical level of cover needed for conveyancing in Raynes Park?
The appropriate level of restrictive coveneant indemnity insurance depends on who your lender is. It would differ for example between Birmingham Midshires and Bank of Scotland. Conveyancing solicitors as opposed to members of the public take out such policies.
Planning on purchasing a house in Raynes Park. I have received an online quote from a licenced conveyancer, which states: "There will be no charge for dealing with the Lender if you are obtaining a mortgage". I take this to mean that there will be no additional fee if the solicitor is on the Barclays conveyancing panel. I wanted to make sure it means there will be no additional fees for dealing with the mortgage.
They are simply saying that the cost for acting for the lender is included in the fee being quoted. It is worth you checking that the Raynes Park conveyancing practitioner is on the Barclays conveyancing panel.
I note that there are debates on Chancel Insurance on online forums. Am I compelled to have this when acquiring a residence in Raynes Park? or I am told that there is a law dating back centuries that could mean that house owners living in a parish church boundary may be liable to pay for maintenance to the chancel in proximity to the church. Is this suitable for conveyancing in Raynes Park?
Unless a previous acquisition of the premises completed after 12 October 2013 you could expect lawyers conducting conveyancing in Raynes Park to continue to advocate a chancel search and or insurance against a claim.
The deeds to my property are lost. The solicitors who did the conveyancing in Raynes Park 4 years ago are no longer around. What are my options?
Gone are the days when you need to hold title deeds to evidence that you are the owner of your registered land or premises, as the Land Registry have everything they need in a digital format.