When can the exchange of contracts happen for residential conveyancing in Aldwych and am I required to attend the lawyers office?
Where you are local to our conveyancing solicitors in Aldwych you are invited in to sign contracts. However, the law practices we recommend provide countrywide coverage for conveyancing and provide as equally diligent and professional a job for you when communicating with you digitally. The executing of the contract is not when everything is set in stone. Signing on the dotted line is just a prerequisite for the conveyancer to officially exchange when the time is right, which is ordinarily shortly after signing. The procedure is is usually a five minute process, although where an extended "chain" is involved, since the process requires the relevant party's solicitor (not necessarily a conveyancing solicitor in Aldwych)to be in the office at the appropriate time.
What is your number one tip for choosing a conveyancing solicitor in Aldwych
Do not opt for the lowest Aldwych conveyancing quote. You really do get what you pay for when it comes to conveyancing solicitors. A cheap quote may mean that the conveyancing solicitor is handling a lot of jobs at one time and you won’t get the quality of service and the attention that you need. It is, however, wise to use a conveyancer who has a fixed fee on a no sale, no fee basis. This way, you know exactly what you’ll have to pay in ahead of the deal.
Does a directory service exist listing Kent Reliance panel solicitors in Aldwych on the Building Society Association’s Website?
Unfortunately not yet. There is no such facility on the CML or Building Society Association websites. A small selection of mortgage companies make their panel listings available on the web. If you are in need of a Aldwych property lawyer on the Kent Reliance please make the most of our tool.
I have paid off my mortgage with Kent Reliance. I assume I don't need a Aldwych property lawyer on the Kent Reliance panel to remove the mortgage at the Land Registry. Please confirm.
If you have finished paying off your Kent Reliance mortgage, they may send you evidence showing that you have paid it off. Alternatively they may notify the Land Registry directly. The Land Registry need to see this evidence before they will remove the Kent Reliance mortgage from the register. Kent Reliance, and any evidence they send you, will determine the action you need to take. In cases where no conveyancer is acting for you and you have paid off your mortgage:
- but are not moving to another property
- where Kent Reliance has sent the Land Registry the discharge electronically, and
- Kent Reliance has instructed the Land Registry to do so
Will our lawyer be raising enquiries regarding flooding as part of the conveyancing in Aldwych.
Flooding is a growing risk for lawyers dealing with homes in Aldwych. Plenty of people will acquire a house in Aldwych, completely aware that at some time, it may be flooded. However, leaving to one side the physical destruction, if a house is at risk of flooding, it may be difficult to obtain a mortgage, satisfactory building insurance, or sell the premises. There are steps that can be taken as part of the conveyancing process to forewarn the purchaser.
Lawyers are not best placed to give advice on flood risk, however there are a number of checks that may be initiated by the buyer or by their solicitors which will give them a better understanding of the risks in Aldwych. The standard property information forms sent to a purchaser’s conveyancer (where the Conveyancing Protocol is adopted) incorporates a standard question of the owner to discover whether the premises has suffered from flooding. If flooding has previously occurred and is not disclosed by the owner, then a purchaser may issue a claim for damages as a result of such an incorrect response. A purchaser’s solicitors will also order an enviro report. This should higlight if there is any known flood risk. If so, further investigations will need to be made.
I bought my home on 7 March and my personal details is not yet on the land registry website. Need I be worried? My conveyancing solicitor in Aldwych expressed confidence that it should be recorded in a couple of weeks. Are titles in Aldwych particularly slow to register?
As far as conveyancing in Aldwych registration is no faster or slower than anywhere else in the country. Rather than based on location, timescales can vary subject to the party submitting the application, whether there are errors and if the Land registry must send notices to any other persons or bodies. At present roughly three quarters of submission are fully addressed within 12 days but some can be subject to extensive delays. Historically registration takes place once the purchaser has moved in to the premises so registration formalities is not typically an essential issue but where it is urgent that the the registration takes place urgently then you or your solicitor should communicate with the Registry to express the reasoning for an expedited registration.
Last January I purchased a leasehold property in Aldwych. Am I liable to pay service charges relating to a period prior to completion of my purchase?
In a situation where the service charge has already been demanded from the previous owner and they have not paid you would not usually be personally liable for the arrears. Strange as it may seem, your landlord may still be able to take action to forfeit the lease. A critical element of leasehold conveyancing for your conveyancer to be sure to have an up to date clear service charge receipt before completion of your purchase. If you have a mortgage this is likely to be a requirement of your lender.
If you purchase part way through an accounting year you may be liable for charges not yet demanded even if they relate to a period prior to your purchase. In such circumstances your conveyancer would normally arrange for the seller to set aside some money to cover their part of the period (usually called a service charge retention).
Following years of dialogue we cannot agree with our landlord on how much the lease extension should cost for our flat in Aldwych. Can we issue an application to the Residential Property Tribunal Service?
in cases where there is a missing freeholder or where there is disagreement about what the lease extension should cost, under the relevant statutes it is possible to make an application to the First-tier Tribunal (Property Chamber) to judgment on the sum to be paid.
An example of a Freehold Enfranchisement decision for a Aldwych property is 20 Avonwick Road in July 2013. The Tribunal was dealing with an application under Section 26 of the Leasehold Reform Housing and Urban Development Act 1993 for a determination of the freehold value of the property. It was concluded that the price to be paid was Fifteen Thousand Nine Hundred and Seventy (£15,970) divided as to £8,200 for Flat 20 and £7,770 for Flat 20A This case affected 1 flat. The number of years remaining on the existing lease(s) was 73.26 years.
We have been told by numerous family members to expect up to two months for Aldwych conveyancing to complete.This was 3 ago. The draft contract was only sent from the vendors conveyancing practitioner last week so now does it countdown?
No definitive time frame exists for conveyancing in Aldwych. Conveyancing is subject to many variable. Aldwych conveyancing searches in and of themselves could take some weeks to be returned.