I am in the throes of swapping over from my current residential home loan to a Buy to Let TSB mortgage. I was told by my financial advisor that I require a solicitor for this. I got in contact with my former Chessington conveyancing firm who who did the conveyancing when I originally bought the property. The quote issued of £550 has taken me by surprise as its a refinance than a sale or purchase.

The costs illustration is fractionally on the steep side. If you you were to look around you may be able to decrease the fees marginally by perhaps £100 plus VAT. On the other hand, if you were happy with the assistance the firm provided you maylive to rue choosing an an untested solicitor. Don't forget to enquire the solicitor can act for TSB. You can employ our search tool to choose a Chessington conveyancing firm on the TSB conveyancing panel, which can often include conveyancing solicitors in Chessington.

My husband and I intend to remortgage our maisonette in Chessington with RBS. We have a son approaching twenty who lives at home. Our solicitor has asked us to disclose any adults other than ourselves who reside at the property. The solicitor has now sent a form for our son to sign, giving up any rights in the event that the apartment is repossessed. I have a couple of questions (1) Is this document specific to the RBS conveyancing panel as he never had to sign this form when we remortgaged 4 years ago (2) Does our son by signing this compromise his entitlement to inherit the property?

First, rest assured that your RBS conveyancing panel solicitor is doing the right thing as it is established procedure for any occupier who is aged 17 or over to sign the necessary Consent Form, which is purely to state that any rights he has in the property are postponed and secondary to RBS. This is solely used to protect RBS if the property were re-possessed so that in such circumstances, your son would be legally obliged to leave. It does not impact your son’s right to inherit the apartment. Please note that if your son were to inherit and the mortgage in favour of RBS had not been discharged, he would be liable to take over the loan or pay it off, but other than that, there is nothing stopping him from keeping the property in accordance with your will or the rules of intestacy.

I just bought a house at auction in Chessington. Conveyancing is required. What are my next steps?

Now that you are legally bound yourself to purchase you will need to retain a conveyancing solicitor quickly as you will have a pending deadline in which to complete the property. Every auction property should have a corresponding legal set of papers. This will include the copy title deeds, local authority and drainage searches. In the case of leasehold property the conveyancing papers should contain a copy of the lease, management information and a sellers leasehold information form and associated conveyancing paperwork relating to a leasehold property. You need to give this to the conveyancer instructed by you at the earliest opportunity. You also need to ensure that you have funds in place to complete on the on the contractual date .

Is it the case that all Chessington solicitor firms on the Lloyds conveyancing panel are regulated by the Solicitors Regulatory Authority?

As solicitors, in order to be on the Lloyds conveyancing panel they would need to be overseen by the SRA. Some lenders do list licenced conveyancers on their panel in which case such organisation would be regulated by the Council of Licensed Conveyancers.

My wife and I are at the point of viewing houses in Chessington and I am now considering a potential offer. Is it too early to have a solicitor in place? I intend to finance via a home loan with RBS.

You should start requesting conveyancing estimates from solicitors ASAP. Once you decide who you want to use and once your offer is accepted you can instruct them to work for you and forward their details on to the selling agent. Given that you are seeking a mortgage with RBS, ask your prospective lawyers if they are on the RBS conveyancing panel otherwise they can't do the mortgage legal work.

It has been four months following my purchase conveyancing in Chessington completed. I have checked the Land Registry website which shows that I paid £150,000 when infact I paid £170,000. Why the discrepancy?

The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the premises from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.

Just had an offer accepted on a new build apartment in Chessington. Conveyancing is necessary evil at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build conveyancing.

Here are examples of a selection of leasehold new build enquiries that you should expect your new-build leasehold conveyancing in Chessington

If there are lifts in the building, please confirm that the owners of flats on the ground and basement floors will not be required to contribute towards the cost of maintenance and renewal. The Lease must contain a provision on behalf of the Vendor to pay the service charges in respect of unoccupied units in order to ensure that all services can be provided. Please supply a car parking plan. Please provide evidence that the form of Lease proposed has been approved by the Land Registry. Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company?