We are looking to buy a flat and require a conveyancing solicitor in Raynes Park who is on the Yorkshire BS approved panel. Can you recommend a local conveyancing firm?
Our service is limited to being a directory service for firms who wish to be listed as being on the approved conveyancing panel for Yorkshire BS . We don't recommend any particular firms conducting conveyancing in Raynes Park.
We are purchasing a property in Raynes Park. It might be a silly question but how we can trust a lawyer? At some point we will need to send money into their account. What is the protection we have from them run away with our deposit?
Be assured that all money in a Solicitors client account is 100% safe, and even if your Solicitor ran off with it, the Law Society would reimburse you fully.
I happen to be the single beneficiary of my late father’s estate with all property in now in my sole name, including the house in Raynes Park. The Raynes Park property was put into my name in December. I want to move. I understand that there is a Mortgage Lenders 6 month 'rule', meaning my property ownership may be regarded the same way as though I had purchased the house in December. Is the property unsalable for six months?
The CML handbook mandates conveyancers to: "report to us immediately if the owner or registered proprietor has been registered for less than six months." By the strict wording you might be impacted by that. many lenders would take a sensible view as this requirement is principally there to identify the purchase and immediately sell or the quick reselling of property.
I've read lots of house buying guides, I note that they all recommend that you should get your house surveyed prior to buying it. When I asked my local Raynes Park solicitor - who is on the UBS conveyancing panel - on this she said they don't do this and I need to contract an independent surveyor. Is that normal?
UBS will need an independent valuation of the property. Your lawyer will not arrange this. Usually UBS will appoint their own surveyor to do this, and you will have to pay for it. Remember that this is a valuation for mortgage purposes and not a survey. You may wish to consider appointing your own Raynes Park surveyor to carry out a survey or prepare a home buyers report on the property. It is up to you to satisfy yourself that the property is structurally sound before you buy it. If the survey or report reveals that building work is needed, you should tell your solicitor. You may wish to renegotiate with the seller.
I bought my home on 12 August and my personal details is yet to be registered. Any reason for this? My conveyancing solicitor in Raynes Park expressed confidence that it should be recorded inside ten days. Are titles in Raynes Park particularly slow to register?
As far as conveyancing in Raynes Park registration is no faster or slower than the rest of England and Wales. As opposed to being determined by geographic area, timeframes can adjust depending on who lodges the application, whether it is in order and if the Land registry must send notices to any third parties. Currently in the region of 80% of such applications are fully dealt with within two weeks but occasionally there can be longer delays. Registration is effected after the purchaser is living at the premises so an expedited registration is not always primary concern yet where it is urgent that the the registration takes place urgently then you or your solicitor could communicate with the Registry to express the reasoning for an expedited registration.
I have been on the look out for a ground for flat up to £195,000 and identified one close by in Raynes Park I like with open areas and station nearby, the downside is that it's only got 61 years unexpired on the lease. I can't really find anything else in Raynes Park for this price, so just wondered if I would be making a mistake acquiring a lease with such few years left?
Should you need a home loan that many years will likely be an issue. Discount the price by the amount the lease extension will cost if not already taken into account. If the current owner has owned the property for a minimum of twenty four months you could request that they start the process of the extension and then assign it to you. An additional ninety years can be extended on to the existing lease with a zero ground rent applied. You should consult your conveyancing solicitor concerning this matter.
I'm refinancing my existing home to a buy to let loan with Coventry Building Society and intend to use the remaining equity as a deposit on further property. The area we are interested in is Raynes Park. Will your lawyers be able to act for the two mortgage companies and tie in the conveyances?
Make use of our search tool on this site to check that the lawyers are on the relevant lender panels. Having checked that they are the conveyancer should be able to simultaneously deal with the two transactions but you should talk with you conveyancer and communicate your desired outcome and requirements.