We are selling our house in Hammersmith. Does my conveyancer need to be required to be on the Nottingham conveyancing panel in order to deal with repayment of my mortgage?
Ordinarily, even if your lawyer is not on the Nottingham conveyancing panel they can still act for you on your sale. It might be that the lender will not release the original deeds (if applicable and increasingly irrelevant) until after the mortgage is paid off. You should speak to your lawyer directly before you start the process though to ensure that there is no problem as lenders are changing their panel criteria fairly frequently at the moment.
I got the keys to my apartment on 6 July and my personal details is not yet on the land registry website. Should I be concerned? My conveyancing solicitor in Hammersmith expressed confidence that it should be concluded in a couple of weeks. Are properties in Hammersmith particularly slow to register?
There is nothing unique about conveyancing in Hammersmith registration formalities. As opposed to being determined by geographic area, timeframes can differ according to who lodges the application, whether it is in order and if the Land registry must send notices to any other persons or bodies. Currently in the region of three quarters of submission are fully addressed in less than three weeks but some can be subject to protracted hold-ups. Historically registration takes place after the new owner is living at the premises so 'speed' is not usually primary concern but if there is a degree of urgency associated with the registration then you or your solicitor can communicate with the Registry to express the reasoning for the application to be prioritised.
I have been on the look out for a flat up to £245,000 and identified one near me in Hammersmith I like with a park and transport links in the vicinity, however it's only got 61 years on the lease. I can't really find anything else in Hammersmith for this price, so just wondered if I would be making a mistake buying a short lease?
Should you need a home loan the remaining unexpired lease term may be a potential deal breaker. Discount the price by the expected lease extension will cost if not already taken into account. If the existing owner has owned the premises for at least 2 years you may ask them to commence the lease extension formalities and then assign it to you. An additional ninety years can be extended on to the existing lease term and have £0 ground rent by law. You should speak to your conveyancing solicitor concerning this matter.
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At this site get a conveyancing quote via a Solicitor or Licensed Conveyancer that has a full understanding of the issues for your conveyancing in Hammersmith. As opposed to estate agents and brokerage sites we do not operate referral deals with solicitors. Many agents and online brokers 'recommend' the firm who pay the most commission, as opposed to the best value conveyancing in Hammersmith
My husband and I are first time buyers - had an offer accepted, yet the property agent has warned us that the vendor will only proceed if we appoint the agent's recommended lawyers as they want a ‘quick sale’. My instinct tells me that we should use a high street solicitor with experience of conveyancing in Hammersmith
We suspect that the owner is not behind this request. Should the vendor desire ‘a quick sale', alienating a genuine purchaser is likely to cause more damage than good. Speak to the owners direct and explain that (a)you are keen to buy (b)you are excited to move forward, with mortgage lined up © you are chain free (d) you intend to proceed fast (e)but you will continue to appoint your preferred Hammersmith conveyancing lawyers - as opposed tothe ones that will provide the estate agent a referral fee or achieve conveyancing targets demanded by HQ.
Estate agents have just been given the go-ahead to market my basement flat in Hammersmith. Conveyancing solicitors are to be appointed soon, but I have just received a yearly maintenance charge invoice – what should I do?
It best that you discharge the invoice as normal because all ground rent and service charges will be apportioned as part of the financial calculations for completion monies, so you will be reimbursed by the purchaser for the period running from after the completion date to the next payment date. Most managing agents will not acknowledge the buyer unless the service charges have been paid and are up to date, so it is important for both buyer and seller for the seller to show that they are up to date. Having a clear account will assist your cause and will leave you no worse off financially.
Despite our best efforts, we have been unsuccessful in trying to purchase the freehold in Hammersmith. Can this matter be resolved via the Leasehold Valuation Tribunal?
Where there is a absentee freeholder or if there is disagreement about what the lease extension should cost, under the relevant statutes it is possible to make an application to the Leasehold Valuation Tribunal to decide the amount due.
An example of a Freehold Enfranchisement matter before the tribunal for a Hammersmith residence is 19 Crisp Road in June 2009. Following a vesting order (Under section 26 of the Leasehold Reform,Housing and Urban Development Act 1993) The tribunal determined that the premium payable for the acquisition of the freehold was £33,756,apportioned as to£12,285 for the lower at and £21,471for the upper fat. This case affected 2 flats. The remaining number of years on the lease was 68.32 years.