Recently contacted my conveyancing solicitor in Camden Town who conducted the legals 18 months ago and wanted a conveyancing quote based on an identical type of house move (a leasehold property and a freehold premises) of similar values with a mortgage from Leeds Building Society. I am now being charged twice the amount. Stick with what I know or do I seek out a cheaper internet conveyancer?
The quote is slightly on the high side. If you shop around you might reduce the fees marginally by as much as £100 plus VAT. On the other hand, providing that you were satisfied with the conveyancing the firm offered you mightcome to rue choosing an an untested lawyer. If is important to check that the firm can act for Leeds Building Society. Do utilise our search tool to find a Camden Town conveyancing firm on the Leeds Building Society approved list of lawyers, which can often include conveyancing solicitors in Camden Town.
I purchased a freehold premises in Camden Town but nevertheless charged rent, why is this and what is this?
It’s unusual for properties in Camden Town and has limited impact for conveyancing in Camden Town 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 many centuries, but the Rent Charge Act 1977 barred the generation of new rentcharges post 1977.
Previous rentcharges can now be redeemed by making a one off payment under the Act. Any rentcharges that are still in existence in 2037 will be dispensed with completely.
My wife and I are selling our home in Camden Town and according to the buyers it appears that there is a risk of it being constructed land that was not decontaminated. A local lawyer would know this is not the case. It does beg the question why the purchasers are using a factory type conveyancing outfit rather than a conveyancing solicitor in Camden Town. Having lived in Camden Town for 5 years we know of no issue. Should we contact our local Authority to obtain clarification that there is no issue.
It would appear that you have a conveyancing solicitor currently acting for you. Are they able to advise? You must enquire of your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out health insurance to cover that same ailment)
I'm buying a new build house in Camden Town benefiting from help to buy. The developers would not move on the amount so I negotiated 6k of extras instead. The house builders rep told me not disclose to my conveyancer about this side-deal as it will put at risk my loan with the bank. Should I keep quiet?.
All lenders require a Disclosure of Incentives Form from the developer of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the UK Finance website. UK Finance form is completed and handed to the lender's surveyor when the inspection is done.
Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.
Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.
In my capacity as executor for the estate of my grandmother I am selling a property in Cardiff but live in Camden Town. My solicitor (approximately 235 miles awayneeds me to sign a statutory declaration before completion. Could you suggest a conveyancing solicitor in Camden Town to attest and place their company stamp on the document?
Technically speaking you are not likely to be required to have the documents witnessed by a conveyancing solicitor. Ordinarily or notary public or qualified solicitor will suffice regardless of whether they are based in Camden Town
I need to switch lawyers as my Camden Town lawyer is not on the bank's approved list of conveyancing solicitors. Is it advisable to appoint a new law firm?
In the event that you have not formally appointed a solicitor to commence the conveyancing and have just received an estimate as to costs, you're perfectly free to choose a different solicitor to carry out your work for you. The best way is to get recommendations from friends or family who have actually used the solicitor or conveyancer in Camden Town that you're thinking of instructing.