We note that you have a post code search directory identifying law firms on the Principality conveyancing panel. Do firms pay you a commission if I instruct them for our conveyancing in Maida Vale?
We are a listing service only for law firms wishing to communicate if they are on the Principality conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Maida Vale.
The Maida Vale conveyancing firm that I appointed last week on my purchase in Maida Vale have without warning shut down. They were on acting for me because I needed a lawyer on the Barclays conveyancing panel and my family Maida Vale lawyer was not. I gave my credit card details for them to take £195 for searches. What should be my next steps?
Assuming that you have an Estate Agent in the equation then inform them immediately so that they advise the vendors that there may be a slight delay due to reasons beyond your control. Most sellers would be sympathetic and urge their lawyer to send a new set of papers to your new solicitors. You should appoint new lawyers that are on the Barclays conveyancing panel and notify the lender. If you have paid over any money, it will hopefully be held by the SRA as money in an intervened firm's bank accounts is transferred to the SRA. Then, the SRA or the intervention agent looks at the intervened firm's accounts to work out who the money belongs to. To claim your money you will need to contact the SRA. If the SRA cannot return money you are owed from the firm's bank accounts, or if they can only return part of the money, you can apply to the Compensation Fund for a grant. Your new solicitors may be able to help.
Despite weeks of looking the Title Certificate and documents to our home can not be found. The conveyancers who dealt with the conveyancing in Maida Vale 5 years ago have long since closed. Will I be able to sell the house?
You no longer need to have the physical official documentation to evidence that you are the registered proprietor of land or premises, given that the Land Registry hold details of all registered land or property electronically.
I have been on the look out for a flat up to £235,500 and found one close by in Maida Vale I like with open areas and railway links in the vicinity, however it's only got 52 years unexpired on the lease. I can't really find anything else in Maida Vale in this price bracket, so just wondered if I would be making a mistake buying a short lease?
If you need a mortgage the remaining unexpired lease term will likely be a potential deal breaker. Reduce the offer by the amount the lease extension will cost if it has not already been discounted. If the existing proprietor has owned the property for a minimum of twenty four months you may ask them to start the process of the extension and then assign it to you. An additional ninety years can be extended on to the current lease term and have £0 ground rent by law. You should consult your conveyancing solicitor about this.
How does the Landlord & Tenant Act 1954 affect my business offices in Maida Vale and how can you help?
The 1954 Act gives protection to commercial leaseholders, granting the right to apply to court for a continuation of occupancy when the lease comes to an end. There are limited grounds where a landlord can refuse a lease renewal and the rules are complex. We are happy to direct you to commercial conveyancing practices who use the act to your advantage and handle your commercial conveyancing in Maida Vale
Why is New Build conveyancing in Maida Vale more costly?
Purchasing a new build home is completely distinct from the standard house purchase conveyancing in Maida Vale. Firstly sellers ordinarily need contracts to exchange within a tight deadline, so there is a lot of pressure on your conveyancing practitioner to make sure all is in order. In addition new build conveyancing frequently involve the checking of adoption of highways, drains, planning considerations, building warranties or architects certificates. Lenders requirements are also more detailed. Given the complex nature of the process for these types of properties, the conveyancing new build fees are higher than normal.