My friend's brother is a conveyancer. I am hopeful that I'll be able to get preferential rates for conveyancing, However if that does not come materialise, what level of fees would I typically be looking at for conveyancing in Notting Hill?
It’s a good idea to look for two or three conveyancing estimates. Make use of our comparison tool on this page. You will notice that quotes will contrast greatly but the service one can expect are distinct between property lawyers as is true with the vast majority of professional services.
My brother and I have lately purchased a house in Notting Hill. We have noticed several issues with the house which we consider were missed in the conveyancing searches. Do we have any recourse? What searches should? have been ordered as part of conveyancing in Notting Hill?
The question is vague as what problems have arisen and if they are unique to conveyancing in Notting Hill. Conveyancing searches and investigations undertaken during the buying process are supposed to help avoid problems. As part of the legal transfer of property, a property owner completes a document called a Seller’s Property Information Form. If the information ends up being incorrect, then you may have a claim against the owner for any losses that you have suffered. The survey should have identified any problems with the structure of the property. Assuming a detailed survey was carried out and the issues were not identified, you may have a claim against the surveyor. However, if you did not have a full survey, you may be responsible for fixing any defects that have now been noted. We would always encourage buyers to take every possible step to ensure they are completely aware of the condition of a property before purchase regardless of whether they are buying in Notting Hill.
It is 10 years ago since I acquired my home in Notting Hill. Conveyancing lawyers have recently been instructed on the sale but I can't track down my title deeds. Is this a problem?
You need not be too concerned. First there is a possibility that the deeds will be kept by your mortgage company or they may still be with the conveyancers who oversaw the purchase. Secondly the chances are that the property will be registered at the land registry and you will be able to prove you own the property by your conveyancing lawyers obtaining up to date copy of the land registers. Nearly all conveyancing in Notting Hill relates to registered property but in the unlikely event that your property is unregistered it is more tricky but is not insurmountable.
I have a decision in principle. The lender mentioned the loan came with free conveyancing. Does this mean I have to appoint their panel lawyer as I would much rather instruct a Notting Hill based conveyancing firm?
Do check but the the probability is that give you one of their panel lawyers where you accept the "fee-free" incentive. Contact the bank and ask if they make available a monetary alternative. It is not unheard for a lender to give a £250 cashback as an alternative in which case you could put that amount towards the cost for your conveyancing solicitor near Notting Hill.
I am buying my first flat in Notting Hill benefiting from help to buy. The builders refused to budge the price so I negotiated 6k of additionals instead. The estate agent advised me not disclose to my solicitor about this side-deal as it will put at risk my loan with Yorkshire Building Society. Should I keep quiet?.
All lenders require a Disclosure of Incentives Form from the developer of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.
Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.
Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.
I today plan to offer on a house that appears to meet my requirements, at a reasonable price which is making it all the more appealing. I have since been informed that it's a leasehold as opposed to freehold. I am assuming that there are particular concerns buying a leasehold house in Notting Hill. Conveyancing solicitors have are soon to be appointed. Will they explain the issues?
The majority of houses in Notting Hill are freehold rather than leasehold. This is one of the situations where having a local solicitor who is familiar with the area who can help the conveyancing process. It is clear that you are buying in Notting Hill so you should seriously consider looking for a Notting Hill conveyancing solicitor and be sure that they are used to advising on leasehold houses. As a matter of priority you will need to check the unexpired lease term. As a tenant you will not be entirely free to do whatever you want to the property. The lease will likely included provisions such as requiring the landlord’sconsent to conduct changes to the property. It may be necessary to pay a service charge towards the upkeep of the estate where the house is located on an estate. Your lawyer will advise you fully on all the issues.
I have had difficulty in seeking a lease extension 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 matter before the tribunal for a Notting Hill premises 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 remaining number of years on the lease was 68.4 years.