Find a Lender-Approved Local Conveyancer in Bayswater

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Selecting the right solicitor is the most important decision when it comes to your Bayswater house move

Reasons to use our Bayswater conveyancing solicitors

  • 1 Our site offers most comprehensive domestic conveyancing directory listing bank approved property lawyers conducting conveyancing in Bayswater who are regulated by the SRA or Council of Licensed Conveyancers.
  • 2 Cut price packages from online conveyancers might be tempting. However, these firms are often located many miles away with little understanding of the factors that affect property transactions in Bayswater
  • 3 Bayswater conveyancer are the key to a successful Bayswater home move, keeping the process under control. They are on your side throughout, offering dedicated advice for the duration of your transaction
  • 4 Conveyancer conveyancing firms have extremely good personal connections with Bayswater estate agents and work very closely with them and local surveyors so as to ensure transactions proceed expeditiously.
  • 5 No matter what any alternative on-line conveyancers say it may be necessary to pop into your conveyancer to execute legal papers. There are various parties with engaged in a house sale without having to include the postman into the mix.

Examples of recent conveyancing in Bayswater since April 2019*

Transfer

of flat Palace Court W2 4HU, at purchase consideration of £415,000. Leasehold conveyancing included: sending the transfer to the seller for signature in preparation for completion, securing official copies of the title, setting up the completion formalities

Disposal

of terraced property, St Petersburgh Place, W2 4LA completing on 08/05/2019 at a price of £5,500,000. The legal transfer of property incorporates some of the following tasks: drafting the sale agreement and Transfer, taking formal instructions from and updating the seller client, agreeing completion date with parties

Purchase

of apartment Pembridge Square W2 4EH, purchased for £4,800,000. Leasehold conveyancing due diligence included: drafting the sale agreement and Transfer, securing official copies of the title, agreeing completion date with parties

Transfer

of house premises, Palace Gardens Terrace, W8 4RR completing on 26/04/2019 at a price of £8,100,000. The conveyancing process included amongst the various tasks: sending conveyancing papers to buyers representatives, dealing with appropriate requisitions and enquiries, ordering official copies of the title

Recently asked questions about conveyancing in Bayswater

The Bayswater conveyancing firm handling our Bayswater conveyancing has identified a discrepancy between the information in the valuation report and what is revealed within the conveyancing documents. My lawyer informs me that he is obliged to ensure that the bank is happy with this discrepancy and is still content to lend. Is my lawyer’s approach appropriate?

Your property lawyer must comply with the UK Finance Lenders’ Handbook requirements which do require that your lawyer disclose any incorrect assumptions in the lender’s valuation report and the legal papers. Should you refuse to allow your lawyer to make the appropriate notification then your lawyer will have no choice but to discontinue acting for both parties.

I am the registered owner of a freehold house in Bayswater yet pay rent, why is this and what is this?

It is rare for properties in Bayswater and has limited impact for conveyancing in Bayswater but some freehold properties in England (particularly common in North West England) pay an annual sum known as a Chief Rent or a Rentcharge to a third party who has no other legal interest in the land.

Rentcharge payments are usually between £2.00 and £5.00 per year. Rentcharges date back many centuries, but the Rent Charge Act 1977 barred the generation of new rentcharges post 1977.

Previous rentcharges can now be extinguished by making a one off payment under the Act. Any rentcharges that are still in existence after 2037 is to be extinguished.

A colleague informed me that in purchasing a property in Bayswater there may be various restrictions preventing external alterations to the property. Is this right?

We are aware of a number of properties in Bayswater which have some sort of restriction or requirement of consent to execute external changes. Part of the conveyancing in Bayswater should determine what restrictions are applicable and advising you as part of a ROT that should be sent to you.

Is it the case that all Bayswater CQS (Conveyancing Quality Scheme) solicitors are on the Nottingham conveyancing list of approved firms?

It is true that some banks and building societies now make use of CQS as the starting point for Panel membership such as HSBC and Santander. CQS membership however is no guarantee to lender panel acceptance. That being said,the CML have indicated that it is likely to become a pre-requisite for solicitors wishing to remain on their panels.

We have a mortgage agreed in principle with Coventry BS. Bayswater conveyancing solicitors were selected. What is the average time that one could expect to receive a mortgage offer from Coventry BS?

Some lenders take longer than others. Have Coventry BS completed the survey? Have you advised Coventry BS as to your lawyers' details and checked that your lawyers are on the Coventry BS conveyancing panel? It is not unusual for a mortgage offer to take a month to come through.

I am buying a new build flat in Bayswater. Conveyancing is necessary evil at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build conveyancing.

Here is a sample of a few leasehold new build questions that you may expect your new-build leasehold conveyancing in Bayswater

    Please supply evidence that the form of Lease proposed has been approved by the Land Registry. Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose? There must be mutual enforceability of lessee’s covenants. Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents. Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company?

Last February I purchased a leasehold property in Bayswater. Am I liable to pay service charges relating to a period prior to my ownership?

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. However, 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).

I own a basement flat in Bayswater. Given that I can not reach agreement with the freeholder, can the Leasehold valuation Tribunal make a decision on the sum payable for the purchase of the freehold?

Most certainly. We are happy to put you in touch with a Bayswater conveyancing firm who can help.

An example of a Lease Extension decision for a Bayswater residence is 93 Oakwood Court in June 2010. the LVT determined that the premium to be paid for the new lease was £492,083, This case related to 1 flat. The unexpired lease term was 37.79 years.

We are looking to buy a repossessed flat in Bayswater and the bank selling require completion within 28 days. Do solicitors complete in this timeframe? Am I best advised to select a high street Bayswater firm or an online company that professes to complete quickly?

Visit your Bayswater high street. Go in to a couple of solicitor’s offices and ask to talk to a conveyancing solicitor for a quote. Set out your needs and try and obtain a commitment on time frames. Choose the firm that appears most efficient. You need to use a solicitor on the panel of conveyancing practitioners acceptable to your lender.

Last updated

Sample of conveyancing solicitors in Bayswater regulated by the SRA

It is important to note that the listed firms do not limit their work for conveyancing in Bayswater but also conveyancing throughout England and Wales.

  • Oliver Fisher, Astley House, 33 Notting Hill Gate, London, London, W11 3JQ
  • Lita Gale, 202 Kensington Church Street, Kensington, London, W8 4DP
  • Nadine Wong & Co, 45 Queensway, London, W2 4QJ
  • John May Law, 17 Kensington Place, London, W8 7PT
  • John B Calver & Co, 56 Queensway, London, W2 3RY

Commercial Conveyancing solicitors in Bayswater regulated by the SRA

The firms listed below are a small selection of solicitors in Bayswater specialising in commercial conveyancing in Bayswater. This may include advice on commercial leases including all matters relating to landlord and tenant law
  • Nicholas Morris, 24b Notting Hill Gate, London, London, W11 3JE
  • Oliver Fisher, Astley House, 33 Notting Hill Gate, London, London, W11 3JQ
  • Nadine Wong & Co, 45 Queensway, London, W2 4QJ
  • John May Law, 17 Kensington Place, London, W8 7PT
  • John B Calver & Co, 56 Queensway, London, W2 3RY

Planning law solicitors in Bayswater regulated by the Solicitors Regulation Authority

The solicitors listed below are a small selection of solicitors in Bayswater practicing in planning law. This will likely include advice on making sure people do what the planning regulations say
  • Hoffman-bokaei Solicitors, Suite 2, Exhibition House, Addison Bridge Place, Hammersmith Road Kensington Olympia, London, London, W14 8XP
  • Grower Freeman, Ivor House, 25-26 Ivor Place, London, NW1 6HR
  • Glovers Solicitors Llp, 6 York Street, London, W1U 6QD
  • Seddons, 5 Portman Square, London, W1H 6NT
  • Streathers Solicitors Llp, 44 Baker Street, London, London, W1U 7AL

*Source acknowledgement: House price data produced by Land Registry as well data supplied by Lexsure Ltd.

© Crown copyright material is reproduced with the permission of Land Registry under delegated authority from the Controller of HMSO.