Conveyancing
Conveyancing is the transfer of ownership
of property from one person to another. It can be extremely
complicated and requires a knowledge of English Property
Law. Such a transaction is probably the largest and
most important legal matter most people ever get involved
in and mistakes can prove disastrous. Horror scenarios
include:
- Becoming bound to buy a new property without
having a signed contract on your related sale.
- Arriving at a completion date without the funds
being available from your mortgage lender.
- Being stuck in a removal van when one party in
a chain of conveyance is refuses to vacate a property.
- Having serious problems with a house after you
have completed the purchase.
- Being confronted after buying a house with a
tenant or a deserted wife of the previous owner
or a judgement creditor all claiming rights in the
property.
- Finding that the local authority have planned
to widen the road which will cause the loss of part
of the garden.
- Neighbours claiming that you are encroaching
on their land or neighbours who are just hostile
and difficult to live with.
- Third parties claiming rights of way over your
land or rights to obstruct necessary accessways.
Mortgages
Most buyers need to borrow funds from
a mortgage lender. Few people are in the happy position
of being able to pay cash for a property. All such lenders
without exception insist that they also are represented
and advised by a properly qualified person but none
of them will accept any responsibility for paying the
fees of that adviser. In every case such fees are to
be borne by the borrower just as he or she has to pay
the lenders' surveyor's fee.
Beesley & Company are on the authorised
panels of all leading building societies and all the
major banks. Such organisations will invariably instruct
Beesley & Company to act for them also where we
represent a borrower on his house purchase.
We do not charge the client any money
at all for acting on behalf of the lender (where we
are receiving a fee from the client in respect of his
purchase). In those cases where the lender does not
instruct the borrowers' own solicitor then the client
does have an extra quite substantial legal fee to pay.
Each lender has a very extensive list
of requirements that the Solicitor involved has to comply
with including some work which he would not otherwise
carry out such as making a formal bankruptcy search
against his own clients name.
Contact
Please contact Barry Newgrosh on 0161 831 7788
Visit
the frequently asked questions page on conveyancing
|
