Is there a reason to instruct a West Hampstead conveyancing firm given that internet based alternatives are easier on the wallet?
By all means make sure that you compare conveyancing costs in West Hampstead and you should seek a reasonable fee calculation but don’t become consumed with sourcing the cheapest West Hampstead conveyancer. Identifying the right conveyancer can be the difference between a smooth and a distressing home move. It is important that you ensure that you have expert guidance from an experienced conveyancer. An e-mail can never be as helpful as a phone discussion and can never replicate a face to face appointment. The firms that we work with will find you a qualified and top rated conveyancing solicitor that will handle your conveyancing from start to finish, giving the sort of hand holding that you rarely receive from an web based conveyancer. He or She will keep you updated on headway making sure that you are ensuring that you are updated at regular intervals. If you ever need to call the firm you will know who to ask for and they will be sure you are kept fully informed.
I require conveyancing for an apartment in a relatively new development (6 years built) in West Hampstead. The vast majority the appartments are already disposed of. Do I need carry out the conveyancing searches for my conveyancing in West Hampstead?
You would be putting yourself at risk in not carrying out West Hampstead conveyancing searches. Without searches you have no clarity over flooding, environmental etc which may mean you walk away due to potential problems down the line. If you are buying mortgage free there is no legal requirement to have them, but we would strongly advise in the strongest possible terms that you have them. If time pressures and driving down costs are primary issues you should discuss with your lawyer about the options such as indemnity insurance available to you
Can you help - my lawyer says that defective lease insurance is needed on my purchase. What is the level of cover for West Hampstead conveyancing?
The right level of defective lease indemnity insurance depends on who your lender is. It would differ for example between National Westminster Bank and The Mortgage Works. Conveyancing practitioners as opposed to members of the public take out such insurances.
My husband and I are in the throws of looking at apartments in West Hampstead and I am now considering a potential offer. Is it sensible to have a lawyer on ‘stand by’? I intend to finance via a home loan with Santander.
It would be advisable to commence your search sooner rather than later. Once you decide who you want to use and once your offer is accepted you can instruct them to work for you and forward their details on to the selling agent. As you are obtaining a mortgage with Santander, ask your prospective lawyers if they are on the Santander conveyancing panel otherwise they can't do the mortgage legal work.
I have decided to exercise my right to buy my property in West Hampstead off the council. I have a mortgage offer with Yorkshire BS. Conveyancing is not something I have any knowledge of. Can I proceed without a solicitor easily? I think we can but we keep being told I should use one. Any advice?
It is not advisable to proceed with a house purchase without a solicitor. The council's solicitor are not acting for you. You need a solicitor for a number reasons. One of which is to verify what plans the Council have for repairs and refurbishment for the next five years. Many leaseholders have been stung for contributions of thousands of pounds. In any event, if you are getting a mortgage with Yorkshire BS, you will need to appoint a solicitor on the Yorkshire BS conveyancing panel.
I am looking for a leasehold apartment up to £195,000 and identified one round the corner in West Hampstead I like with open areas and railway links in the vicinity, however it's only got 61 years on the lease. I can't really find anything else in West Hampstead in this price bracket, so just wondered if I would be making a mistake purchasing a lease with such few years left?
Should you need a home loan the shortness of the lease will likely be a potential deal breaker. Discount the price by the anticipated lease extension will cost if not already taken into account. If the current owner has owned the premises for a minimum of 2 years you can ask them to commence the lease extension formalities and then assign it to you. An additional ninety years can be extended on to the current lease term and have £0 ground rent by law. You should speak to your conveyancing lawyer concerning this matter.
We expect to complete the sale of our £250,000 flat in West Hampstead on Tuesday in a week. The landlords agents has quoted £384 for Landlord’s certificate, insurance certificate and 3 years statements of service charge. Is it legal for a freeholder to charge exorbitant fees for a flat conveyance in West Hampstead?
West Hampstead conveyancing on leasehold maisonettes nine out of ten times results in fees being levied by freeholders :
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Addressing pre-contract questions
Where consent is required before sale in West Hampstead
Supplying insurance information
Deeds of covenant upon sale
Registering of the assignment of the change of lessee after a sale
I have attempted and failed to negotiate with my landlord for a lease extension without success. Can a leaseholder make an application to the Leasehold Valuation Tribunal? Can you recommend a West Hampstead conveyancing firm to help?
if there is a missing 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 First-tier Tribunal (Property Chamber) to arrive at the sum to be paid.
An example of a Lease Extension matter before the tribunal for a West Hampstead premises is Flat A 372 Cricklewood Lane in January 2013. The Tribunal decided that the premium for the extended lease should be £5,750.00 and that the terms of the new lease should be those set out in annex to the decsion This case was in relation to 1 flat.
As a leasehold owner I am on the hook for a maintenance contribution for my flat in West Hampstead. As a result of personal circumstances I slipped behind with remittance. The managing agents agreed a payment plan but there remains a couple of outstanding as of today.
I am under pressure to sell and I am concerned this will hold me back if I have to discharge the amount due in advance. I'd like to sell up and subsequently discharge the debt from the completion monies - is this viable?
You should check with the conveyancer undertaking your West Hampstead conveyancing but it may be possible to agree for the outstanding amount to be passed to the purchasers. The sale price payable would be adjusted to reflect the amount of debt they assume. They could then deal with the fees once they are the owners.