Is there a reason why leasehold purchase conveyancing in North Kensington costs more?
In short, leasehold conveyancing in North Kensington and elsewhere usually necessitates additional due diligence compared to freehold transactions. This includes reviewing the lease, corresponding with the landlord about serving appropriate notices, securing current service charge and management information, procuring the freeholder’s consents and reviewing management accounts. The obligations on both the landlord and the tenant in the lease need to be studied by the buyer’s conveyancing team and read from beginning to end – regardless of the fact the lease has passed through many different property solicitors hands since it was first granted.
Are the BSA intent on creating a online directory to list firms on the Coventry BS conveyancing panel for example in North Kensington?
Lexsure has not been advised of any intention on the part of the BSA to promote such a tool.
I am assisting my step-mother sell her flat in North Kensington. Does the solicitor commission an EPC or do I organise this?
Following the abolition of Home Packs, EPC’s was maintained a required element of moving house. An energy performance certificate should be commissioned prior to the property being advertised. This is not something that conveyancers ordinarily arrange. Where you are instructing a North Kensington conveyancing lawyer they might help arrange energy assessments given their contacts with long established North Kensington accredited person
Forgive me if this question is silly but I am new to the home moving as a first time purchaser of a garden flat in North Kensington. Do I receive the keys to the premises on the completion date from my conveyancer? If so, I will find a High Street conveyancing solicitor in North Kensington?
There is no need to visit the lawyers office on the day of completion. Your solicitors will arrange to send the completion advance to the owner’s lawyers, and shortly after the monies have arrived, you will be invited to collect the keys from the Estate Agents and start moving into the property. This tends to happen early afternoon.
I have today made my last payment due on my mortgage with Clydesdale. I assume I don't need a North Kensington lawyer on the Clydesdale panel to discharge the mortgage at the Land Registry. Please confirm.
If you have finished paying off your Clydesdale mortgage, they may send you evidence showing that you have paid it off. Alternatively they may notify the Land Registry directly. The Land Registry need to see this evidence before they will remove the Clydesdale mortgage from the register. Clydesdale, and any evidence they send you, will determine the action you need to take. In cases where no conveyancer is acting for you and you have paid off your mortgage:
- but are not moving to another property
- where Clydesdale has sent the Land Registry the discharge electronically, and
- Clydesdale has instructed the Land Registry to do so
Yesterday I discovered that there is a flying freehold issue on a property I put an offer in a fortnight ago in what was supposed to be a simple, chain free conveyancing. North Kensington is where the house is located. What do you suggest?
Flying freeholds in North Kensington are unusual but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside North Kensington you must be sure that your lawyer goes through the deeds thoroughly. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in North Kensington may decide that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold residence.
In what way does the Landlord & Tenant Act 1954 affect my business offices in North Kensington and how can your lawyers assist?
The particular law that you refer to gives security of tenure to commercial tenants, giving them the legal entitlement to apply to court for a continuation of occupancy at the end of the lease term. There are limited grounds that a landlord can refuse a lease renewal and the rules are involved. Fees are different for commercial conveyancing. North Kensington is one of the numerous areas of the UK in which our lawyers are located
I need to find a conveyancing solicitor for freehold conveyancing in North Kensington. I have chance upon a web site which seems to have the ideal answer If there is a chance to get all formalities done via email that would be ideal. Do I need to be concerned? What are the potential pitfalls?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?