Would the conveyancing solicitors listed on your site perform attended exchange conveyancing in South Harrow?
There are a few conveyancing specialists who can conduct 24hr exchanges. Please call us to receive a fee calculation and details as to dates.
Me and my partner are buying a apartment in South Harrow. It might be a silly question but how we can trust a conveyancer? At some point we have to put money into their account. What is the protection we have from them run away with our monies?
Be assured that all money in a Solicitors client account is 100% safe, and even if your Solicitor ran off with it, the Law Society would reimburse you fully.
is it true that all South Harrow solicitor practices on the Principality conveyancing panel are overseen by the Solicitors Regulatory Authority?
As a firm of solicitors, in order to be on the Principality approved list of solicitors they would need to be overseen by the Solicitors Regulatory Authority. Some banks do allow licenced conveyancers on their panel in which case such organisation would be regulated by the CLC.
The formalities of my remortgage has taken place for my property in South Harrow. Conveyancing was satisfactory but I feel I should register my dissatisfaction about the lender. How does one go about formally complaining?
All lenders have complaints procedures. Your first point of contact should be one of the lender’s branches or the Customer Services Department at head office. In most cases complaints to a lender are resolved very quickly. If you feel the matter is not resolved you can write to Financial Ombudsman Service, South Quay Plaza, 183 Marsh Wall, London E14 9SR with full details of your complaint.
Various online forums that I have frequented warn that are a common reason for delay in South Harrow house deals. Is there any truth in this?
The Council of Property Search Organisations (CoPSO) published conclusions of research by MoveWithUs that conveyancing searches do not figure within the top 10 causes of delays in the conveyancing process. Searches are not likely to be the root cause of slowing down conveyancing in South Harrow.
How does conveyancing in South Harrow differ for newly converted properties?
Most buyers of new build or newly converted property in South Harrow come to us having been asked by the seller to exchange contracts and commit to the purchase even before the house is finished. This is because house builders in South Harrow typically acquire the site, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancing solicitors as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are used to new build conveyancing in South Harrow or who has acted in the same development.
My wife and I have hit a brick wall in trying to purchase the freehold in South Harrow. Can this matter be resolved via the Leasehold Valuation Tribunal?
in cases where there is a absentee freeholder or where there is dispute about what the lease extension should cost, under the relevant statutes you can apply to the Leasehold Valuation Tribunal to assess the price.
An example of a Lease Extension decision for a South Harrow premises is GFF 1 Holyrood Avenue in May 2014. The Tenant wished to acquire a new (extended) lease and applied to the Willesden County Court who granted a vesting order on 20* March2013. The Tribunal decied that the premium to be paid was £9,062 This case affected 1 flat. The remaining number of years on the lease was 79 years.
In relation to leasehold conveyancing in South Harrow what are the most frequent lease problems?
Leasehold conveyancing in South Harrow is not unique. Most leases are individual and drafting errors can sometimes mean that certain clauses are not included. For example, if your lease is missing any of the following, it could be defective:
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Clauses dealing with recovering service charges for expenditure on the building or common parts.
You could have a problem when selling your property if you have a defective lease primarily because it impacts on the ability to obtain a mortgage on the property. Santander, Coventry Building Society, and Barclays Direct all have express conveyancing instructions when it comes to what is expected in a lease. Where a lender has been advised by their lawyers that the lease is defective they may refuse to grant the mortgage, forcing the buyer to pull out.
Partway through the sale of a leasehold flat in South Harrow. Conveyancing solicitors are doing their job but we have been asked to pay an extortionate amount from the managing agents. To date we have forked out £295.50 for a leasehold management information and then another £200 plus VAT for supplemental queries supplied by the buyers solicitor.
Neither you or your conveyancing practitioner will have any impact over the extent of the bill for this information but the average costs for the information for South Harrow leasehold property is £350. For South Harrow conveyancing transactions it is customary for the seller to cover the charges. The freeholder or their agents are not duty bound to answer such questions most will be content to do so - albeit often at high prices out of proportion to the work involved. Regretfully there is no statute that mandates capped charges for administrative tasks. Nor is there any legal time frame by which they are duty bound to issue the information.