My best friend’s step-father is a solicitor. I suspect that I will receive friends and family rates for conveyancing, However if that does not come materialise, what level of fees should I be paying for conveyancing in South Acton?
You should contrast pricing. Do use our search tool on this page. You will notice that prices will vary but service levels do differ between solicitors as is the case with the vast majority of professional services.
I am under pressure from the executor of a property in South Acton to exchange within four weeks. What can I do to speed up matters?
In the event that you are under pressure for your conveyancing we would recommend that your lawyer is familiar with the area as they will make use of local connections and insight. It is possible that they could have handled previousproperties in the same street. Therefore consider using a South Acton conveyancing solicitor. In addition, check that the lawyer is on the member panel. It is understood that nearly one in five of South Acton conveyancing transactions are held up or jeopardised after finding out that a purchaser’s solicitor was not on their banks member panel. In many cases this discovery resulted in the conveyancing being delayed by almost three weeks. It is believed that this issue affects approximately one hundred thousand home sales every year. Almost all South Acton conveyancing practices can not act for certain lenders so do check at the outset.
My wife and I have recently appointed a conveyancing solicitor in South Acton. I I would like to check whether they are accepted on the Bank of Scotland conveyancing panel. Can you or the lender confirm if they are on the panel?
You should e-mail the conveyancer and ask them if they are on the lender panel. Alternatively you should get in touch with Bank of Scotland who may be able to assist.
We had selected solicitors based in South Acton on the UBS solicitor panel. They are now charging me an additional charge for handling the UBS mortgage. Is this an additional conveyancing fee specified by UBS?
Provided it is contained in their Terms of Engagement or Quote then yes your property lawyer may levy a fee for this. The charge is not dictated by UBS but by your South Acton property lawyer. Some firms on the UBS panel will charge ’dealing with mortgage’ fee but some practices incorporate it on their overall fee.
I recently had an offer accepted on a house in South Acton. My financial adviser suggested a conveyancing practitioner. I paid an on account payment of £175. A few days later, the conveyancer contacted me sheepishly admitting that they were not on the Skipton conveyancing panel. Am I right in thinking that I should be due a refund?
You should be able to recover this from the law firm if they were not on the Skipton panel. They should have asked at the outset which lender you were obtaining a mortgage with. An important lesson to readers of this site is to check that the lawyers are on the appropriate lender panel.
Bank of Ireland have agreed my home loan in principle, my offer on a flat in South Acton has been agreed to, now what?
Your property agent will wish to know who your solicitors are (ensure that the solicitors are on the bank’s approved list). Contact Bank of Ireland or the financial adviser and complete any outstanding documentation. Bank of Ireland will sellect a valuer who will get in touch with the selling agent or owners to arrange a time for the valuation to take place. Once conducted (assuming no problems) it takes about a week for the mortgage offer to be issued. Bank of Ireland will send the offer to you and your property lawyers. The legal work will then take it’s course according the nature and complexity of the conveyancing in South Acton.
Yesterday I discovered that there is a flying freehold issue on a property I have offered on a fortnight ago in what should have been a quick, chain free conveyancing. South Acton is the location of the property. What do you suggest?
Flying freeholds in South Acton are unusual but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside South Acton you would need to get your solicitor to go through the deeds very carefully. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in South Acton may determine that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold property.
I am in need of some leasehold conveyancing in South Acton. Before I get started I require certainty as to the remaining lease term.
If the lease is registered - and most are in South Acton - then the leasehold title will always include the short particulars of the lease, namely the date; the term; and the original parties. From a conveyancing perspective such details then enable any prospective buyer and lender to confirm that any lease they are looking at is the one relevant to that title. For any other purpose, such as confirming how long the term was granted for and calculating what is left, then the register should be sufficient on it's own.
After months of dialogue we cannot agree with our landlord on how much the lease extension should cost for our flat in South Acton. Does the Leasehold Valuation Tribunal have jurisdiction to calculate the appropriate figures?
in cases where there is a absentee freeholder or where there is disagreement about what the lease extension should cost, under the Leasehold Reform, Housing and Urban Development Act 1993 it is possible to make an application to the LVT to judgment on the amount due.
An example of a Freehold Enfranchisement case for a South Acton flat is 169 Southfield Road in September 2013. the tribunal decided that the premium to be paid in respect of the collective enfranchisement should be £51,203 This case affected 2 flats. The unexpired term was 64.64 years.