My best friend’s uncle is a conveyancer. I hope that I'll be able to get mate’s fee for conveyancing, However if that does not come materialise, what level of costs should I be paying for conveyancing in Millbank?
It’s sensible to seek 3 or more like-for-like conveyancing quotes. Make use of our search tool on this site. Whilst fees do contrast greatly but service levels do are distinct between property lawyers as is the case with most professions.
I am the registered owner of a freehold property in Millbank but nevertheless pay rent, why is this and what is this?
It’s unusual for properties in Millbank and has limited impact for conveyancing in Millbank but some freehold properties in England (particularly common in North West England) pay an annual sum known as a Chief Rent or a Rentcharge to a third party who has no other legal interest in the land.
Rentcharge payments are usually between £2.00 and £5.00 per year. Rentcharges have existed for hundreds of years, but the Rent Charge Act 1977 barred the creation of new rentcharges from 1977 onwards.
Old rentcharges can now be redeemed by making a one off payment under the Act. Any rentcharges that are still in existence post 2037 will be extinguished.
My grandmother passed away six months ago and as sole heir and executor I was left the house in Millbank. The house had a small mortgage remaining of approximately £4500. I want to have the title changed into my name whilst I re-mortgage to Virgin Money, pay off the mortgage. Is this allowed?
Given you intend to refinance then Virgin Money will insist on your using a conveyancer on the Virgin Money conveyancing panel. Here is link to the Land Registry online guidance around what to do when a property owner dies. This will help you to understand the registration process behind changing the details re the registered title. in your case it would appear that you are effectively purchasing the property from the estate. Your Virgin Money conveyancing panel solicitor pays the new mortgage money into the estate, the estate pays off the old mortgage, the charge is released and you become the owner and the Virgin Money mortgage is registered as a charge at the Land Registry.
I'm remortgaging my existing home to a BTL loan with HSBC Bank and I will use the ballance of the raised equity towards another property. The location we are talking about is Millbank. Will your solicitors be able to act for the two banks and link together the transactions?
Make use of our comparison tool on this site to ensure that the conveyancers are approved by both mortgage companies. On the basis that they are your conveyancer should be able to tie up the two conveyancing matters but you should talk with you solicitor and specify your desired outcome and requirements.
What type of premises does your Millbank conveyancing quotes relate to?
The quotes provided are only applicable to standard residential homes in England & Wales. If you have any different requirements for example industrial or agricultural property or commercial conveyancing in Millbank do telephone us to address your requirements .