It may have been a long time coming a mortgage agreement from NatWest for the remortgage of my 4 room flat is due within the next few days. Could you suggest a low cost conveyancing law firm in Piccadilly?
This site is not designed to help those in their quest for the lowest fares for conveyancing solicitors in Piccadilly. We can offer you excellent value conveyancing but we do not advertise as being the cheapest. Do not be fooled by brokers teasing you with low cost conveyancing in Piccadilly. The optimum outcome, in going for low cost conveyancing, you will get your money’s worth and at worst it will result in you with a hefty uplift in additional fees and still not get the service expected.
When researching moneysavingexpert.com for an online lawyer in Piccadilly, most comment that I must use a CQS kitemarked solicitor. Can you explain what CQS is?
The Law Society's Conveyancing Quality Scheme is the recognised kitemark for legal experts in buying or selling property, trusted by some of the UK's biggest mortgage companies. In 2011-12 the Conveyancing Quality Scheme was officially recognised by the Council of Mortgage Lenders (CML). The scheme does not cover licenced conveyancers. Piccadilly is one of the many areas in England and Wales where there are Accredited lawyers.
Various internet forums that I have frequented warn that are the number one reason for obstruction in Piccadilly conveyancing transactions. Is there any truth in this?
The Council of Property Search Organisations (CoPSO) has noted the findings of a review by MoveWithUs that conveyancing searches do not feature amongst the top 10 causes of delays in the conveyancing process. Local searches are not likely to be the root cause of holding up conveyancing in Piccadilly.
five months have gone by following my purchase conveyancing in Piccadilly concluded. I have checked the Land Registry site which shows that I paid £200,000 when infact I paid £215,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the premises from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
I need to retain a conveyancing solicitor for sale conveyancing in Piccadilly. I happened to discover a site which looks to be the ideal offering If there is a chance to get all formalities done via phone 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?
I am employed by a busy estate agent office in Piccadilly where we see a few leasehold sales put at risk as a result of short leases. I have been given contradictory information from local Piccadilly conveyancing firms. Could you confirm whether the vendor of a flat can initiate the lease extension process for the purchaser on completion of the sale?
Provided that the seller has been the owner for at least 2 years it is possible, to serve a Section 42 notice to start the lease extension process and assign the benefit of the notice to the purchaser. This means that the buyer can avoid having to wait 2 years to extend their lease. Both sets of lawyers will agree to form of assignment. The assignment needs to be completed before, or simultaneously with completion of the disposal of the property.
Alternatively, it may be possible to agree the lease extension with the freeholder either before or after the sale. If you are informally negotiating there are no rules and so you cannot insist on the landlord agreeing to grant an extension or transferring the benefit of an agreement to the purchaser.
After years of correspondence we are unable to agree with our landlord on how much the lease extension should cost for our flat in Piccadilly. Does the Leasehold Valuation Tribunal have jurisdiction to calculate the appropriate figures?
if there is a absentee landlord or where there is disagreement about the premium for a lease extension, under the Leasehold Reform, Housing and Urban Development Act 1993 you can apply to the Leasehold Valuation Tribunal to arrive at the price payable.
An example of a Lease Extension case for a Piccadilly flat is Flat 1 3 Upper Belgrave Street in December 2010. The Tribunal determined that the price payablefor the Lease extension in respect of the subject premises was £2,202,007 This case affected 1 flat. The number of years remaining on the existing lease(s) was 21 years.