We are expecting a mortgage offer soon. The lender mentioned the mortgage came with free conveyancing. Is the implication that I have to use their panel solicitor as I would much rather instruct a Notting Hill based conveyancing firm?
Do check but the the likelihood is that appoint one of their panel conveyancers if you want the "fee-free" offer. Speak to the lender to ask if they offer you a monetary alternative. In the past a few lenders offered a £250 cashback as a further option in which case you could put that amount towards the cost for your conveyancing solicitor near Notting Hill.
Is it necessary to pay for insurance to cover chancel repairs when acquiring a residence in Notting Hill?
Unless a prior acquisition of the house completed after 12 October 2013 you may expect conveyancing practitioners conducting conveyancing in Notting Hill to remain recommending a chancel search and or insurance against a claim.
What does commercial conveyancing in Notting Hill cover?
Notting Hill conveyancing for business premises covers a wide array of guidance, given by qualified solicitors, relating to business property. For example, this area of conveyancing can cover the sale or purchase of freehold business premises or, more commonly, the assignment of existing leases or the drafting of new leasing arrangements. Commercial conveyancing solicitors can also offer advice on the sale of business assets, commercial loans and the termination of leases.
My husband and I are 14 days into a freehold purchase having been referred to solicitors by the local agent to execute conveyancing in Notting Hill. I am not happy. Can you you assist me in finding new lawyers?
A lawyer would have to be really poor in order to consider changing them. Has the mortgage offer been issued? In the event that it has you will need to make them aware of the new contact details and ensure the mortgage documents are re-issued. Your solicitor ideally needs to be on the banks panel to avoid supplemental fees and delays. So that should be your first question of the new solicitors. Our find a solicitor tool should assist you in finding a bank approved solicitor for your conveyancing in Notting Hill
Can you provide any top tips for leasehold conveyancing in Notting Hill from the point of view of expediting the sale process?
- A significant proportion of the frustration in leasehold conveyancing in Notting Hill can be bypassed where you appoint lawyers as soon as your agents start marketing the property and ask them to put together the leasehold information needed by the buyers’ solicitors. If you hold a share in a the freehold, you should ensure that you are holding the original share certificate. Arranging a duplicate share certificate can be a lengthy formality and delays many a Notting Hill conveyancing deal. If a reissued share certificate is needed, do contact the company officers or managing agents (if applicable) for this as soon as possible. In the event that you altered the property did you need the Landlord’s consent? In particular have you laid down wooden flooring? Most leases in Notting Hill state that internal structural alterations or installing wooden flooring calls for a licence from the Landlord consenting to such changes. Where you fail to have the approvals to hand do not communicate with the landlord without contacting your solicitor before hand. A minority of Notting Hill leases require Landlord’s consent to the sale and approval of the buyers. If this is the case, it would be prudent to place the estate agents on notice to make sure that the purchasers put in hand bank and professional references. The bank reference should make it clear that the buyer is financially capable of paying the annual service charge and the actual amount of the service charge should be quoted in the bank’s letter. You will therefore need to provide your estate agents with the service charge figures so that they can pass this information on to the purchasers or their lawyers. You may think that you are aware of the number of years remaining on your lease but you should double-check via your solicitors. A buyer’s conveyancer will be unlikely to recommend their client to proceed with the purchase of a leasehold property the remaining number of years is below 80 years. It is therefore essential at an early stage that you consider whether the lease for your property needs extending. If it does, contact your solicitors before you put your premises on the market for sale.
We have reached the end of our tether in trying to purchase the freehold in Notting Hill. Can the Leasehold Valuation Tribunal adjudicate on premiums?
You certainly can. We can put you in touch with a Notting Hill conveyancing firm who can help.
An example of a Lease Extension case for a Notting Hill residence is 2 Grove House 95 Addison Road in October 2013. the Tribunal decided that the premium to bepaid for a new lease is £50,050. This case was in relation to 1 flat. The unexpired lease term was 68.4 years.
We are looking to acquire a repossessed house in Notting Hill and the vendor demand completion within a month. Can a property lawyer complete in this timeframe? Am I best advised to instruct a local Notting Hill firm or an online firm that advertises to complete quickly?
Visit your Notting Hill shopping parade. Pop in to a couple of companies and ask to see a conveyancing solicitor for a quote. Explain your needs and seek assurances on speed. Choose the firm that appears most efficient. You need to select a lawyer on the panel of property lawyers who can act for your lender.