We were about to retain a conveyancing solicitor in Chelsea listed on your site but have come across some other quotes via the web seem less pricey – how come?
There are numerous conveyancing outfits marketing at first sight what seems to be very low prices. We would encourage you to give due consideration as to how much you respect your own move to you are willing to be penny wise pound foolish with regard to the standard of the conveyancing. Some embed additional charges deep into the terms of business. The conveyancers that we put forward for conveyancing in Chelsea will notdo this.
we are a couple who are hoping to buy a purpose built apartment in Chelsea with a homeloan from Clydesdale.We have a Chelsea conveyancing solicitor but Clydesdale says he's not listed on their "panel". We have to appoint a Clydesdale panel firm or keep our preferred solicitor and pay for one of their panel ones to act for them. We feel as though this is unjust; is there anything we can do?
No, not really. The home loan offered to you contains various provisions, a common one being that lawyers must be on the Clydesdale conveyancing panel. Until recently, most lenders had large numbers of solicitors on their panels: a borrower could choose one for themselves, as long as it was on the lender's panel. The lender would then simply instruct the borrower's lawyers to act for the lender, too. You can use your lender's panel lawyers or you could borrow from another lender which does not restrict your choice. A further alternative is for your lawyer to apply to be on the conveyancing panel for Clydesdale
I know that there are debates on Chancel Insurance on online forums. Do I require chancel insurance when purchasing a residence in Chelsea? or Apparently there is a law dating back centuries that could mean that house owners living in a parish church boundary may be liable to pay for maintenance to the chancel within the church. Is this suitable for conveyancing in Chelsea?
Unless a prior purchase of the premises took place after 12 October 2013 you can assume that conveyancing practitioners conducting conveyancing in Chelsea to remain recommending a chancel search and or insurance against a claim.
Me and my brother purchased a terraced Victorian house in Chelsea. Conveyancing practitioner acted for me and National Westminster Bank. I did a free Land Registry search last week and I saw two entries: one for freehold, another for leasehold under the matching address. I thought I was buying a freehold how can I check?
You need to review the Freehold register you have again and check the Charges Register as there may be mention of a lease. The best way to be sure that you are also the registered proprietor of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Chelsea and other areas of the country and poses no real issues for owners other than when they sell they have to account for both freehold and leasehold interests when dealing with buyers. You can also check the situation with your conveyancing practitioner who carried out the work.
I have been on the look out for a flat up to £245,000 and found one close by in Chelsea I like with a park and railway links in the vicinity, the downside is that it only has 49 remaining years left on the lease. I can't really find anything else in Chelsea for this price, so just wondered if I would be making a grave error buying a lease with such few years left?
Should you require a mortgage that many years will likely be problematic. Discount the offer by the expected lease extension will cost if not already taken into account. If the current owner has owned the premises for a minimum of 2 years you could ask them to start the process of the extension and pass it to you. You can add 90 years to the current lease and have £0 ground rent by law. You should consult your conveyancing lawyer concerning this.
My husband and I are new on the property ladder - had an offer accepted, but the selling agent has warned us that the seller will only issue a contract if we use their recommended conveyancers as they want an ‘expedited deal’. My instinct tells me that we should use a family solicitor with experience of conveyancing in Chelsea
It is improbable the vendors are driving this. If they want ‘a quick sale', turning down a genuine buyer is not the way to achieve this. Speak to the vendors direct and explain that (a)you are keen to buy (b)you are ready to progress, with mortgage lined up © you have nothing to sell (d) you intend to proceed fast (e)however you are going to appoint your preferred Chelsea conveyancing solicitors - rather thanthose that will earn their estate agent a kickback or achieve conveyancing thresholds set by corporate headquarters.