I chose a local lawyer for my conveyancing in Ealing recently. Reviewing the Terms and Conditions I seewe are responsible for costs even where the transaction does not complete. Would I be best advised to appoint a web based conveyancing company promising no move no charge conveyancing in Ealing?
It is usually ‘give and take’ in that if "No Completion No Fee" is offered then the conveyancing charges will tend to be be uplifted to neutralise those conveyances that do not proceed. You should be mindful that these promotions tend not to cover outlay such as Ealing conveyancing search charges.
I have a decision in principle. The lender mentioned the home loan came with free conveyancing. Is the implication that I have to instruct their panel lawyer as I would prefer to use a Ealing based conveyancing firm?
You should check but the chances are that appoint one of their panel solicitors should you take up the "fee-free" offer. Call the lender and see if they make available a monetary alternative. Some mortgage companies have previously offered a £250 cashback as a further option in which case you could put that amount towards your preferred conveyancing solicitor near Ealing.
I happen to be the sole beneficiary of my late mum's will and I have everything in my name now, including the my former home in Ealing. Conveyancing formalities meant that the Land Registry date was in January. I plan to dispose of the house. I do know about the Mortgage Lenders 6 month 'rule', which means that my proprietorship will be regarded the same way as if I'd bought the house in January. Is the property unsalable for six months?
The Council of Mortgage Lenders’ handbook instructs solicitors to: "report to us immediately if the owner or registered proprietor has been registered for less than six months." Technically you might be caught by that. How sensible a view lenders take of it, depend on the mortgage company as this clause is chiefly there to capture subsales or the wholesaling and assigning of properties.
When it comes to mortgage companies such as Yorkshire BS, do Ealing lawyers have to pay an annual charge to be on the conveyancing panel?
We are not aware of any bank fees to register on their list of approved firms, although some do levy an administration fee to deal with the processing of the conveyancing panel application.
I am selling my house. I had a double glazing fitted in February 2008, but did not receive a FENSA certificate or Building Regulation Certificate. My buyer's mortgage company, Aldermore are being a right pain. The Ealing solicitor who is on the Aldermore conveyancing panel is happy to accept ‘lack of building regulation’ insurance but Aldermore are insisting on a building regulation certificate. Why do Aldermore have a conveyancing panel if they don't accept advice from them?
It is probably the case that Aldermore have referred the matter to their valuer. The reason why Aldermore may not want to accept indemnity insurance is because it does not give them any reassurance that the double glazing was correctly and safely installed. The indemnity insurance merely protects against enforcement action which is very unlikely anyway.
I purchased a 4 bedroom Victorian house in Ealing. Conveyancing practitioner represented me and Santander. I happened to do a free search for it on the Land Registry database and I saw two entries: one for freehold, another for leasehold under the matching address. If a house is not a freehold shouldn't I have been informed?
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 owner of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Ealing and other areas of the country and poses no real issues for owners other than when they buy they have to account for both freehold and leasehold interests when dealing with lenders. You can also enquire as to the situation with the conveyancing lawyer who conducted the work.
Over the last few months I have been searching for a leasehold apartment up to £235,500 and identified one near me in Ealing I like with a park and transport links nearby, the downside is that it only has 52 remaining years left on the lease. There is not much else in Ealing suitable, so just wondered if I would be making a mistake purchasing a lease with such few years left?
Should you require a home loan the shortness of the lease will be a potential deal breaker. Reduce the price by the anticipated lease extension will cost if not already taken into account. If the current owner has owned the property for a minimum of 2 years you may ask them to start the process of the extension and then assign it to you. You can add 90 years to the existing lease with a zero ground rent applied. You should consult your conveyancing lawyer concerning this matter.
I am a sole trader looking to take over a lease of an office on a shopping parade. Can you recommend conveyancers offering fixed costs for non-domestic conveyancing in Ealing for below 1500k?
We can recommend firms who have an in-depth of experience of commercial conveyancing in Ealing, including the disposal and purchase of businesses as well as simply premises. If you are hoping to acquire or sell a shop, pub, restaurant, office, retail premises or a complete business we can put you in touch with the right solicitor. As for the costs these will vary based on the structure and nuances of the deal. Please provide us with your contact information or call us so that we may furnish you with a detailed commercial conveyancing calculation.