My Notting Hill conveyancer has discovered a difference when comparing the assumptions in the valuation report and what is revealed within the title deeds. My lawyer informs me that he must check that the lender is happy with this discrepancy and is still content to lend. Is my solicitor’s course or action correct?
Your solicitor must comply with the UK Finance Lenders’ Handbook requirements which do require that your lawyer disclose any incorrect assumptions in the lender’s valuation report and the legal papers. Should you refuse to allow your lawyer to make the appropriate notification then your lawyer will have no choice but to discontinue acting for both parties.
I am intent on selling our property in Notting Hill and according to the buyers it appears that there is a possibility that the property was constructed land that was not decontaminated. Any high street Notting Hill conveyancer would know this is not the case. For the life of me I don't know why the purchasers used an internet conveyancing outfit rather than a conveyancing solicitor in Notting Hill. Having lived in Notting Hill for 4 years we know of no issue. Should we contact our local Authority to get confirmation that there is no issue.
It sounds as though you may have a conveyancing solicitor currently acting for you. Are they able to advise? You need to enquire of your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out health insurance to cover that same ailment)
About to purchase a new build flat in Notting Hill. Conveyancing is daunting at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build conveyancing.
Here are examples of a selection of leasehold new build questions that you should expect your new-build leasehold conveyancing in Notting Hill
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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. If there are lifts in the building, please confirm that the owners of flats on the ground and basement floors will not be required to contribute towards the cost of maintenance and renewal. Please supply a car parking plan. The Vendor must covenant to keep unsold units in good repair until long leases are granted therefore.
Due to the guidance of my in-laws I had a survey completed on a house in Notting Hill prior to appointing conveyancers. I have been advised that there is a flying freehold aspect to the property. My surveyor advised that some mortgage companies tend not grant a mortgage on a flying freehold home.
It depends who your proposed lender is. Santander has different instructions from Halifax. If you contact us we can investigate further with the appropriate mortgage company. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Notting Hill. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Notting Hill to see if the conveyancing will be more expensive.
I am using a search engine for the term on line conveyancing in Notting Hill it shows results of many solicitorsin the area. How do I determine which is the right solicitor for the sale of my house?
The preferential method of finding a suitable conveyancer is via personal recommendation, so ask colleagues and family who have acquired a property in Notting Hill or the local estate agent or financial adviser. Charges for conveyancing in Notting Hill differ, so it's advisable to obtain at least three costs illustrations from varying types of law firms. Make sure that you know what costs in the quote includes.
All being well we will complete the disposal of our £225,000 maisonette in Notting Hill next Wednesday. The freeholder has quoted £396 for Landlord’s certificate, insurance certificate and 3 years statements of service charge. Is it legal for a freeholder to charge exorbitant fees for a leasehold conveyance in Notting Hill?
For the majority of leasehold sales in Notting Hill conveyancing will involve, queries regarding the management of a building inevitably needing to be answered directly by the freeholder or its agent, this includes :
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Completing pre-contract questions
Where consent is required before sale in Notting Hill
Copies of the building insurance and schedule
Deeds of covenant upon sale
Registering of the assignment of the change of lessee after a sale
We have reached the end of our tether in negotiating a lease extension in Notting Hill. Can the Leasehold Valuation Tribunal adjudicate on premiums?
Most certainly. We are happy to put you in touch with a Notting Hill conveyancing firm who can help.
An example of a Lease Extension case for a Notting Hill property 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 related to 1 flat. The unexpired term as at the valuation date was 68.4 years.