In the event thatI was to purchase a simple residential housein White City mortgage fee and have no survey and no local authority searches how much would I expect to have to pay for conveyancing in White City?
The only reduction in fees you would make on is the White City conveyancing searches. Your lawyer still got to do everything else - money laundering, communicating with the sellers solicitor, SDLT submission, register the ownership etc. You might save a bit for them not needing to register a mortgage however it won't be meaningful.
My aunt passed away six months ago and as sole heir and executor I was left the house in White City. The house had a small mortgage left on it of around £4500. I want to have the title changed into my name whilst I re-mortgage to Principality, pay off the mortgage. Is this possible?
If you intend to refinance then Principality will insist on your using a conveyancer on the Principality conveyancing panel. Here is link to the Land Registry online guidance around what to do when a property owner dies. This will help you to understand the registration process behind changing the details re the registered title. in your case it would appear that you are effectively purchasing the property from the estate. Your Principality conveyancing panel solicitor pays the new mortgage money into the estate, the estate pays off the old mortgage, the charge is released and you become the owner and the Principality mortgage is registered as a charge at the Land Registry.
I got the keys to my apartment on 2 November and my personal details are still not registered. Any reason for this? My conveyancing solicitor in White City said it should be dealt with in less than a month. Are transfers in White City uniquely lengthy to register?
As far as conveyancing in White City is concerned, registration is no quicker or slower than anywhere else in England and Wales. Rather than based on location, timeframes can differ according to the party submitting the application, whether there are errors and if the Land registry have to notify any third parties. Currently approximately 80% of such applications are fully dealt with in less than three weeks but occasionally there can be protracted hold-ups. Historically registration is effected after the buyer is living at the property so an expedited registration is not usually primary concern yet if it is urgent that the the registration takes place urgently then you or your conveyancer must contact the land registry and explain the circumstances.
How does conveyancing in White City differ for new build properties?
Most buyers of new build property in White City come to us having been asked by the housebuilder to sign contracts and commit to the purchase even before the premises is ready to move into. This is because builders in White City usually purchase the land, 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 accustomed to new build conveyancing in White City or who has acted in the same development.
My husband and I are first time buyers - agreed a price, but the estate agent informed us that the vendor will only issue a contract if we instruct the agent's preferred solicitors as they are insisting on an ‘expedited deal’. My instinct tells me that we should use a high street solicitor accustomed to conveyancing in White City
It is unlikely the vendors are driving this. Should the owner desire ‘a quick sale', alienating a serious purchaser is counter productive. Avoid the agents and go straight to the sellers and explain that (a)you are motivated purchasers (b)you are excited to move forward, with finances in place © you are unencumbered (d) you wish to move quickly (e)but you will continue to instruct your own,trusted White City conveyancing solicitors - not the ones that will give their estate agent a commission or hit his conveyancing figures pre-set by head office.
We expect to complete our sale of a £475,000 apartment in White City in six days. The managing agents has quoted £324 for Certificate of Compliance, insurance certificate and previous years statements of service charge. Is it legal for a freeholder to charge an administration fee for a leasehold conveyance in White City?
White City conveyancing on leasehold maisonettes usually involves administration charges raised by managing agents :
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Addressing conveyancing due diligence enquiries
Where consent is required before sale in White City
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 one apply to the Leasehold Valuation Tribunal? Can you recommend a White City conveyancing firm to act on my behalf?
Most definitely. We can put you in touch with a White City conveyancing firm who can help.
An example of a Freehold Enfranchisement decision for a White City premises is 23 & 23A Collingbourne Road in June 2013. Tribunal was dealing with the assessment of the value of the freehold reversion and determination of the terms of the acquisition pursuant to an Order of District Judge Lightman dated 25 February 2013 vesting the freehold interest in the property in the applicant. The tribunal assessed the price of the freehold (to which any arrears or other sums due to the missing landlord under the leases should be added) at £81,638. This case was in relation to 2 flats. The number of years remaining on the existing lease(s) was 64.5 years.