Having been told to check out your organisation we were going to use a conveyancing solicitor in Paddington listed using your search tool but stumbled across alternative quotes on the internet seem cheaper – why is this?
There are hundreds of solicitors marketing what appear to be cut price. We would urge you to give due consideration about how much you respect your own move to you are willing to take 'cheap' risks over the quality of the legal work. Many of them highlight a low quote to entice you but plant additional costs in the small print..
We are looking to buy a house and need a conveyancing solicitor in Paddington who is on the TSB solicitor panel. Could you point me in the right direction as regards a solicitor?
Our service is limited to being a directory service for firms who wish to be listed as being on the approved conveyancing panel for TSB . We don't recommend any particular firms conducting conveyancing in Paddington.
My property lawyer in Paddington is not listed on the Barclays Conveyancing Panel. Can I still continue with my prefered solicitor even though they are excluded from the Barclays approved list?
Your options are as follows:
- Complete the purchase with your preferred Paddington solicitors but Barclays will need to use a lawyer on their panel. This will result in additional total legal charges as well as cause frustration.
- Choose an alternative practitioner to act in the conveyancing, obviously checking they are Barclays approved.
- Persuade your Barclays solicitor to try to join the Barclays panel
The deeds to my property can not be found. The conveyancers who did the conveyancing in Paddington 4 years ago no longer exist. Will I be able to sell the house?
Assuming the title is registered the information relating to your ownership will be held by the Land Registry under a Title Number. It is possible to execute a search at the Land Registry, identify your property and secure up to date copies of the property title for a small fee. If the property is Leasehold then the Land Registry will in most cases hold a file copy of the Registered Lease and again, a copy can be ordered for a small fee.
We're new on the property ladder - had an offer accepted, yet the selling agent has warned us that the vendor will only issue a contract if we appoint their preferred conveyancers as they are insisting on a ‘quick sale’. My instinct tells me that we should use a family solicitor accustomed to conveyancing in Paddington
It is highly unlikely the owners are driving this. If they desire ‘a quick sale', taking such a hostile approach to a genuine purchaser is counter productive. Bypass the agents and go straight to the sellers and make sure they understand (a)you are motivated purchasers (b)you are excited to move forward, with mortgage lined up © you are chain free (d) you intend to proceed fast (e)but you are going to instruct your preferred Paddington conveyancing firm - rather thanthose that will give the estate agent a introducer fee or hit his conveyancing targets demanded by corporate headquarters.
I am looking at a two flats in Paddington both have about fifty years unexpired on the leases. should I be concerned?
A lease is a right to use the premises for a period of time. As a lease gets shorter the saleability of the lease deteriorates and it becomes more costly to extend the lease. For this reason it is advisable to increase the term of the lease. More often than not it is difficult to sell a property with a short lease as mortgage companies less inclined to grant a loan on such properties. Lease extension can be a difficult process. We advise that you seek professional help from a solicitor and surveyor with experience in this area.
We have reached the end of our tether in trying to purchase the freehold in Paddington. Can the Leasehold Valuation Tribunal adjudicate on premiums?
if there is a missing freeholder or if there is disagreement about the premium for a lease extension, under the relevant legislation it is possible to make an application to the First-tier Tribunal (Property Chamber) to assess the premium.
An example of a Lease Extension matter before the tribunal for a Paddington property is Flats 37 & 39 88/90 Portland Place in December 2010. The Tribunal determined that the premium payable for the lease extensions in respect of these two flats is as follows:- For Flat 37, the sum of £385,230.00 For Flat 39, the sum of £436,780.00 This case was in relation to 2 flats. The number of years remaining on the existing lease(s) was 24.02 years.