My best friend’s step-father is a conveyancer. I anticipate that I will receive mate’s fee for conveyancing, However if that does not come materialise, what kind of fees would I typically be looking at for conveyancing in Kennington?
You should contrast pricing. Make use of our search tool on this page. Whilst charges do vary but service levels do are distinct between conveyancers as is the case with most professions.
What is your number one tip for choosing a conveyancing solicitor in Kennington
Do not opt for the cheapest Kennington conveyancing costs illustration. You really do get what you pay for when it comes to conveyancing solicitors. A cheap quote may mean that the conveyancing solicitor is handling a lot of jobs at one time and you won’t get the quality of service and the attention that you need. It is, however, wise to use a conveyancer who has a fixed fee on a no sale, no fee basis. This way, you go into the conveyancing with your eyes wide open.
My partner and I have arranged the release of further funds on our mortgage from TSB as we want to conduct improvements to our home in Kennington. Are we obliged to choose a bricks and mortar Kennington solicitor on the TSB conveyancing panel to handle the paperwork?
TSB do not ordinarily appoint firms on their conveyancing panel to deal with the formalities. If they do require any legal work then you would need to ensure that such a lawyer was on the TSB list.
Santander have agreed my home loan in principle, my offer on a property in Kennington has been agreed to, what happens next?
The property agent will need to be advised as to your conveyancing practitioner's details (be sure the solicitors are on the lender’s panel). Contact Santander or your financial adviser and finalise any relevant forms. Santander will sellect a valuer who will get in contact with the selling agent or vendor to arrange a time for the valuation to take place. Once carried out (assuming no problems) it takes approximately a week to receive the mortgage offer. Santander will send the offer to you and your solicitors. The transaction will then take it’s course according the nature and complexity of the conveyancing in Kennington.
4 months have elapsed since my purchase conveyancing in Kennington completed. I have checked the Land Registry site which shows that I paid £175,000 when infact I paid £160,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the property from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
I opted to have a survey done on a property in Kennington ahead of appointing solicitors. I have been advised that there is a flying freehold aspect to the property. The surveyor advised that some mortgage companies will not issue a loan on this type of home.
It depends who your proposed lender is. HSBC has different instructions for example to Halifax. Should you wish to telephone us we can check via the relevant mortgage company. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Kennington. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Kennington to see if the conveyancing will be more expensive.
I today plan to offer on a house that appears to tick a lot of boxes, at a reasonable figure which is making it all the more appealing. I have subsequently found out that the title is leasehold rather than freehold. I would have thought that there are particular concerns buying a leasehold house in Kennington. Conveyancing advisers have not yet been appointed. Will my lawyers set out the risks of buying a leasehold house in Kennington ?
Most houses in Kennington are freehold rather than leasehold. In this scenario it’s worth having a local conveyancer who is familiar with the area who can assist with the conveyancing process. It is clear that you are purchasing in Kennington so you should seriously consider looking for a Kennington conveyancing practitioner and check that they have experience in advising on leasehold houses. As a matter of priority you will need to check the unexpired lease term. Being a leaseholder you will not be at liberty to do whatever you want with the house. The lease comes with conditions such as obtaining the freeholder’sconsent to conduct alterations. You may also be required to pay a contribution towards the upkeep of the estate where the property is located on an estate. Your conveyancer should report to you on the legal implications.
We have reached the end of our tether in trying to purchase the freehold in Kennington. Can this matter be resolved via the Leasehold Valuation Tribunal?
in cases where there is a missing freeholder or where there is dispute about the premium for a lease extension, under the relevant statutes you can apply to the Leasehold Valuation Tribunal to assess the sum to be paid.
An example of a Lease Extension decision for a Kennington residence is Ground Floor Flat 39 Bronsart Road in May 2010. Following a vesting order by West London County Court the Leasehold Valuation Tribunal concluded that the price to be paid for the extended lease of the premises was Thirteen Thousand Two hundred pounds (£13,200) in accordance with the valuation. The extended lease was granted for a term of 90 years from the expiry date of the Lease and at a peppercorn ground rent from the date of the vesting order. This case was in relation to 1 flat. The unexpired lease term was 74.77 years.
For various reasons I am unfit to get to my Kennington conveyancing solicitors office to sign documents connected to my conveyancing in Kennington – will this be an issue?
You need not be concerned. Kennington conveyancing solicitors can conduct home moves for clients nationally. It is not necessary for you to be able to attend a Kennington conveyancers office. Almost all conveyancing practitioner can undertake all communications via phone, post and email - whatever works for you.