Find a Lender-Approved Local Conveyancer in Hampstead

My best friend’s uncle is a property lawyer. I anticipate that I'll be able to get preferential rates for conveyancing, However if that does not come through, what level of figure should I be paying for conveyancing in Hampstead?

It’s a good idea to look for 3 or more like-for-like conveyancing quotes. Make use of our search tool on this page. You will notice that prices may vary but the service one can expect differ between conveyancers as is the case with most professions.

Can conveyancing in Hampstead to be concluded inside 3 weeks?

In the event that you are under time constraints to sign contracts it is advisable to make sure that your solicitor is familiar with the area as they will make use of local relationships and knowledge. It is possible that they may have transacted otherhouses in the same neighbourhood. Therefore consider using a Hampstead conveyancing solicitor. Second, make sure that the lawyer is on the on the approved list for your mortgage company. It is understood that 18% of Hampstead conveyancing deals are held up or jeopardised after discovering a purchaser’s conveyancer was not on their banks list of approved solicitors. In many cases this discovery resulted in the legal process being held up by almost 21 days. It is claimed that this issue impacts approximately one hundred thousand home moves annually. Many Hampstead conveyancing firms can not act for certain banks so do check as early as possible.

Is it necessary to pay for insurance to cover chancel repairs when acquiring a house in Hampstead?

Unless a prior acquisition of the property took place after 12 October 2013 you could take it that conveyancing practitioners handling conveyancing in Hampstead to remain encouraging a chancel search and or chancel repair liability insurance.

I purchased a 4 bedroom Georgian house in Hampstead. Conveyancing lawyer represented me and The Mortgage Works. I did a free Land Registry search last week and I saw a couple of entries: the first freehold, another for leasehold under the exact same address. I'd like to know for sure, how can I find out??

You should read the Freehold register you have again and check the Charges Register for 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 Hampstead 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 mortgage companies. You can also check the position with your conveyancing lawyer who conducted the purchase.

All being well we will complete the sale of our £450,000 apartment in Hampstead in just under a week. The landlords agents has quoted £372 for Landlord’s certificate, building insurance schedule and previous years statements of service charge. Is it legal for a freeholder to charge an administration fee for a flat conveyance in Hampstead?

Hampstead conveyancing on leasehold flats nine out of ten times involves fees being levied by management companies :

Completing pre-contract enquiries Where consent is required before sale in Hampstead Supplying insurance information Deeds of covenant upon sale Registering of the assignment of the change of lessee after a sale

Your conveyancer will have no control over the level of the charges for this information but the average costs for the information for Hampstead leasehold premises is £350. For Hampstead conveyancing transactions it is customary for the seller to pay for these costs. The landlord or their agents are under no legal obligation to answer such questions most will be willing to do so - albeit often at exorbitant prices where the fees bear little relation to the work involved. Unfortunately there is no law that requires fixed charges for administrative tasks. Neither is there any legal time frame by which they are required to provide answers.

We have reached the end of our tether in trying to reach an agreement for a lease extension in Hampstead. Can this matter be resolved via the Leasehold Valuation Tribunal?

You certainly can. We can put you in touch with a Hampstead conveyancing firm who can help.

An example of a Lease Extension matter before the tribunal for a Hampstead residence is Raised Ground Floor Flat 20 Fitzjohns Avenue in July 2014. the Tribunal decided that the premiums to be paid for new leases in respect of the Raised Ground Floor Flat and the First Floor Flat were to be calculated as: Raised Ground Floor: £765,175.14 First Floor: £601,617.77 This case affected 2 flats. The unexpired residue of the current lease was 16.83 and 16.43.

I am an executor of my recently deceased mother’s Will, with a property in Hampstead which will be marketed. The bungalow is unregistered at HMLR and I'm told that some EAs will insist that it is completed before they will move forward. What's the procedure for this?

In the situation you refer to it seems sensible to apply to register in the names of the personal representative(s) as named in the probate and in their capacity as PRs. The Land Registry’s online guidance explains how to register for the first time and what is required re the deeds and forms. You would need to include and certified copy of the probate as well and complete the form FR1 to refer to the PRs as the applicant.