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Ready to buy a new home in Soho? Failing to check that a lawyer is on your lender’s list of approved solicitors can put your Soho conveyancing at risk of delay or failure.

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Recently asked questions about conveyancing in Soho

My uncle passed away last year and as sole heir and executor I was left the house in Soho. The house had a small mortgage remaining of approximately £5k. I want to have the title changed into my name whilst I re-mortgage to Nottingham, pay off the mortgage. Is this possible?

Where you plan to refinance then Nottingham will insist on your using a conveyancer on the Nottingham 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 Nottingham 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 Nottingham mortgage is registered as a charge at the Land Registry.

I need some expedited conveyancing in Soho as I have an ultimatum to sign on the dotted line within one month. Luckily I do not require a mortgage. Can I escape the need for conveyancing searches to save fees and time?

If.Given you are are a cash purchaser you are at liberty not to do searches although no solicitor would recommend that you don't. With lots of history conveyancing in Soho the following are instances of issues that can appear and adversely affect future mortgageability: Refused Planning Applications, Overdue Charges, Outstanding Grants, Unadopted Roads,...

About to purchase a new build flat in Soho. 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 legal work.

Set out below are examples of a few leasehold new build questions that you can expect your new-build leasehold conveyancing in Soho

    The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme. There must be mutual enforceability of lessee’s covenants. Please supply a car parking plan. The Vendor must covenant to keep unoccupied units in good repair until long leases are granted therefore.

Over the last few months I have been searching for a ground for flat up to £195,000 and found one round the corner in Soho I like with a park and railway links nearby, however it only has 49 years unexpired on the lease. There is not much else in Soho for this price, so just wondered if I would be making a grave error buying a lease with such few years left?

If you need a mortgage that many years will be problematic. Discount the price by the anticipated lease extension will cost if it has not already been discounted. If the current proprietor has owned the premises for a minimum of 2 years you could ask them to start the process of the extension and then assign it to you. You can add 90 years to the existing lease term and have £0 ground rent by law. You should speak to your conveyancing lawyer concerning this matter.

My cousin has recommend that I instruct his lawyers for conveyancing in Soho. Should I find my own property lawyer?

There are no two ways about it the best way to select a conveyancing solicitor is to have feedback from friends or family who have used the firm that you are are thinking of instructing.

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