In the event thatI were to purchase a freehold housein Southwark mortgage fee and have no survey and no conveyancing searches how much would I expect to to save on my conveyancing in Southwark?
The sole saving you would achieve is the costs for searches. The conveyancing practitioner is required to do the vast majority of work - money laundering, liaising with your sellers lawyer, stamp duty submission, register the title etc. You might save a bit for them not having to register a mortgage but it won't be a lot.
I require quick conveyancing in Southwark as I have a deadline to complete within 4 weeks. Luckily I do not require a mortgage. Is it possible to decline from having conveyancing searches to save fees and time?
If.Given you are are a mortgage free purchaser you have the choice not to do searches although no lawyer would advise that you don't. Drawing on years of experience of conveyancing in Southwark the following are instances of what can be revealed and adversely affect future mortgageability: Refused Planning Applications, Outstanding Charges, Outstanding Grants, Railway Schemes,...
4 months have gone by since my purchase conveyancing in Southwark completed. I have checked the Land Registry website which shows that I paid £175,000 when infact I paid £160,000. 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 property 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.
My husband and I are FTB’s - agreed a price, yet the agent informed us that the owners will only proceed if we instruct their preferred solicitors as they want an ‘expedited deal’. Our preferred option is to instruct a family solicitor who is familiar with conveyancing in Southwark
It is highly unlikely the vendors are behind this. Should the seller want ‘a quick sale', turning down a serious buyer is going to damage their objectives. Speak to the owners direct and make the point that (a)you are keen to buy (b)you are ready to go, with finances arranged © you have nothing to sell (d) you wish to move quickly (e)but you intend to use your preferred Southwark conveyancing lawyers - as opposed tothe ones that will earn the estate agent a commission or hit his conveyancing targets pre-set by head office.
I am buying a garden flat in Southwark. Conveyancing solicitor is awaiting, from the owner, building insurance schedule. Earlier today I was advised that the owner must send the insurance schedule for the flat above as well. Why does my property lawyer need to see the insurance for the other flat? Is it really required? We have been waiting for the previous 2 weeks…
It is not impossible in leasehold conveyancing in Southwark to discover Conveyancing in Southwark in a minority of cases reveals that the lease requires the tenant's to insure their individual flats as opposed to the landlord insuring the complete block - which is definitely better. Do double check with your property lawyer but it would appear that your solicitor is attempting to verify that the complete building is insured. Insuring your flat is no help when it comes to rebuilding after a fire if the other flat cannot be reinstated as a result of lack of insurance.