I am buying a property without a mortgage in Kew. I have lived for the last twelve years in Kew. Conveyancing searches are exorbitant. Given that I know the road and vicinity intimately must I have all the conveyancing searches?
Provided that you do not need a mortgage, then all but one or two of the Kew conveyancing searches are optional. Your lawyer will 'advise', perhaps strongly, that you should have searches completed, but he has a professional duty to do this. One thing to take into account; if you are intend to dispose of the house in the future, it could be of interest to your prospective purchaser what the searches disclose. There are plenty of instances where houses with functional issues can still throw up negative search results. A competent conveyancing solicitor in Kew will provide you some constructive guidance concerning this.
Is it necessary during the course of the conveyancing process to visit the offices of the solicitor to sign the legal charge? If so, I will appoint a lawyer who conducts conveyancing in Kew so that I can pop in to their offices if required.
Nowadays approved lawyers for banks undertake their work through the post, e-mail or over the phone. This enables them to carry out the conveyancing transaction no matter where you live in England or Wales. However you can see if you have the option of going to the offices of your conveyancing lawyer if you prefer.
I am currently in the process of buying my council flat in Kew. I have a mortgage offer with Leeds Building Society. Conveyancing is not something I have any knowledge of. Can I proceed without a solicitor easily? I think we can but we keep being told I should use one. Any advice?
It is not advisable to proceed with a house purchase without a solicitor. The council's solicitor are not acting for you. You need a solicitor for a number reasons. One of which is to verify what plans the Council have for repairs and refurbishment for the next five years. Many leaseholders have been stung for contributions of thousands of pounds. In any event, if you are getting a mortgage with Leeds Building Society, you will need to appoint a solicitor on the Leeds Building Society conveyancing panel.
It is unclear whether my mortgage offer obliges me to make sure the lease term for the flat is extended prior to the completion date. I have called my Kew building society branch on various occasions and was informed it wasn't a problem and they will lend. My Kew conveyancing solicitor - who is on the mortgage company conveyancing panel- telephoned to say that they would not lend in accordance with their published requirements. I simply don't know who is right.
The conveyancer has to follow the CML Handbook Part 2 specifications for your lender. Unless your lawyer obtains specific confirmation in writing that the bank will go ahead, your lawyer has no choice but to refrain from exchanging contract and committing you to the purchase. We would suggest that you ask the bank to contact your lawyer in writing confirming that they will accept the number of years remaining.
Planning on purchasing a house in Kew. I have received an online quote from a licenced conveyancer, which states: "There will be no charge for dealing with the Lender if you are obtaining a mortgage". I take this to mean that there will be no additional fee if the solicitor is on the Santander conveyancing panel. I wanted to make sure it means there will be no additional fees for dealing with the mortgage.
They are simply saying that the cost for acting for the lender is included in the fee being quoted. It is worth you checking that the Kew conveyancer is on the Santander conveyancing panel.
A colleague advised me that where I am buying in Kew I should carry out a Neighbourhood, Planning and Local Amenity Search. Can you explain what the purpose of this search is?
A search of this type is usually included in the estimate for your Kew conveyancing searches. It is a large document of more than thirty pages, listing and setting out significant information about Kew around the property and the people living there. It incorporates an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the local Housing Market, Council Tax Banding, the type of People living in the area, the dominant type of Housing, the Average House Prices, Crime details, Local Education with plans and statistics, Local Amenities and other useful information regarding Kew.
It has been three months since my purchase conveyancing in Kew took place. I have checked the Land Registry site which shows that I paid £200,000 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 premises 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.
My husband and I are four weeks into a freehold purchase having been recommend to conveyancers by the selling agent to carry out the conveyancing in Kew. I am am starting to be disappointed with the level of service. Could you help me find new solicitors?
A solicitor would have to be really bad to suggest replacing them. Has the mortgage been sent? In the event that it has you need to inform them of the new contact details and get the offer are re-issued. Your conveyancer needs to be on the mortgage company approved list to avoid supplemental fees and delays. So that should be your starting point. The search tool can assist you in finding a bank approved lawyer for your conveyancing in Kew