My wife and I are nearing an exchange on a flat in Kilburn Park and my parents have sent the exchange deposit to my property lawyer. I am now informed that as the deposit has not arrived from me my conveyancer needs to disclose this to my mortgage company. Apparently, in also acting for the lender he must advise them that the balance of the purchase price is coming from anyone other than me. I advised the mortgage company regarding my parents' contribution when I applied for the home loan, so is it really necessary for this now to delay the deal?
The solicitor is obliged to clarify with mortgage company to make sure that they are aware that the balance of the purchase price is not from your own funds. Your solicitor can only reveal this to your mortgage company if you agree, failing which, your lawyer must cease to continue acting.
Having sold my house in Kilburn Park last January yet the purchaser is SMS messaging me to moan that his lawyer needs to hear from mine. What should have happened following completion?
After completion of your house sale your conveyancer should send the transfer documentation and all additional paperwork to the purchaser's lawyers. Depending on the transaction, your solicitor must also evidence that the home loan has been redeemed to the purchasers conveyancers. There are no post completion procedures specific conveyancing in Kilburn Park.
Have just purchased a repossessed house at auction in Kilburn Park. Conveyancing is needed. What happens now?
Given that you are now to in every practical sense signed on the dotted line you should choose a conveyancing solicitor as a matter of urgency as you now have a pending deadline in which to complete the conveyancing. All auction property will have a corresponding auction pack. This will include most,if not all of the paperwork that your conveyancer will need. Where you are dealing with leasehold property the legal pack should include a copy of the lease, management information and a sellers leasehold information form and other conveyancing paperwork specific to leasehold premises. You need to give this to the conveyancer working for you as soon as possible. Do make sure that that you have the requisite funding organised to complete the transaction on the set completion date.
My partner and I are at the point of looking at apartments in Kilburn Park and I am now considering a potential offer. Is it best to have a conveyancer on ‘stand by’? I am planning to take a mortgage with Aldermore.
You should start requesting conveyancing estimates from solicitors ASAP. After you have chosen your lawyer and once your offer is accepted you can instruct them to work for you and forward their details on to the EA. As you are getting a mortgage with Aldermore, make sure you remember to check that your lawyer is on the Aldermore conveyancing panel.
My sealed bid on a detached house in Kilburn Park has been accepted, but there is a chain. The owners have placed an offer on somewhere, but it’s not been accepted yet, and are looking at other apartments in the pipeline. I have instructed a bricks and mortar conveyancing solicitor in Kilburn Park. What do I do now? When should I get the mortgage application with UBS going?
It is usual to have anxieties where there is a chain as you are unlikely to want to be too out of pocket too early (home loan application is in the region of £1k, then survey, Kilburn Park conveyancing search fees, etc). The first thing to do is check that your conveyancer is on the UBS approved list. Regarding the next stages this very much dictated by the specifics of your transaction, attraction to the property and on the state of the market. In a hot market some buyers would apply for a home loan with UBS and pay for the valuation and only if it comes back ok would they pay their conveyancing practitioner to proceed with the conveyancing in Kilburn Park.
I have a terraced Georgian property in Kilburn Park. Conveyancing practitioner acted for me and Nottingham Building Society. I did a free Land Registry search last week and I saw two entries: the first freehold, another for leasehold with the exact same property. If a house is not a freehold shouldn't I have been informed?
You should read 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 Kilburn Park 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 lenders. You can also enquire as to the position with your conveyancing practitioner who conducted the conveyancing.
The estate agent has sent us the confirmation of our purchase of a new build apartment in Kilburn Park. Conveyancing is daunting at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build legal work.
Here is a sample of a few leasehold new build questions that you can expect your new-build leasehold conveyancing in Kilburn Park
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Where service of notices and proceedings can be at the property demised please confirm that this can be amended to include simultaneous services at the Lessees’ solicitors’ offices where the Lessee from time to time is not resident in the UK - such solicitors may be varied by notice in writing to the Landlord from time to time but otherwise will be as previously specified. Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose? Where there is an Undertaking being granted there is the risk of forfeiture of the Headlease subject to relief if one or more of the Underlessees are willing to accept the original Head Lessee’s obligations as otherwise relief will be denied to the Underlessees. The only alternatives are the Head Lessor agreeing not to forfeit the Headlease or the Head Lessee guaranteeing to the Underlessees that it will not be in breach of the Headlease. Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier? Please provide evidence that the form of Lease proposed has been approved by the Land Registry.
My uncle has encouraged me to instruct his conveyancing solicitors in Kilburn Park. Do I follow his recommendation?
There are no two ways about it it’s preferable to choose a conveyancing practitioner is to get feedback from friends or family who have used the solicitor you're contemplating using.