Can you explain why leasehold purchase conveyancing in Ealing is more expensive?
The conveyancing fees for a leasehold premises in Ealing is inevitably higher when contrasted to a freehold transaction. This is due to the additional investigations necessary in dealing with the landlord and managing agents to collate the information concerning whether the rent and maintenance fee have been discharged and whether there are any significant expenditure in the foreseeable future on repairs or maintenance of the building.
Can I be sure that the Ealing conveyancing solicitor on the Skipton panel is any good?
When it comes to conveyancing in Ealing getting recommendations is a sensible start. Before you go ahead, check if they offer a no sale no fee offer. Also, you often get what you pay for - a firm which quotes more, will often provide a better service than one which is cheap as chips. We would always advocate that you speak with the lawyer conducting your transaction.
I can not work out if my bank obliges me to make sure the lease term for the flat is extended prior to the completion date. I have telephoned my Ealing bank branch on numerous occasions and was told they are content with the situation and they will lend. My Ealing conveyancing solicitor - who is on the lender conveyancing panel- telephoned and was told they will not lend based on their published requirements. Who do I believe?
The conveyancing practitioner must follow the Council of Mortgage Lenders’ Handbook Part 2 conditions for your bank. Unless your lawyer obtains specific confirmation in writing that the mortgage company will go ahead, your lawyer has no choice but to refrain from exchanging contract and committing you to the purchase. We would suggest that you ask the lender to contact your lawyer in writing confirming that they will accept the number of years left on the lease.
I am selling my flat. I had a double glazing fitted in May 2007, but did not receive a FENSA certificate or Building Regulation Certificate. My purchaser’s lender, Aldermore are being a right pain. The Ealing solicitor who is on the Aldermore conveyancing panel is happy to accept ‘lack of building regulation’ insurance but Aldermore are requiring a building regulation certificate. Why do Aldermore have a conveyancing panel if they don't accept advice from them?
It is probably the case that Aldermore have referred the matter to their valuer. The reason why Aldermore may not want to accept indemnity insurance is because it does not give them any reassurance that the double glazing was correctly and safely installed. The indemnity insurance merely protects against enforcement action which is very unlikely anyway.
How does conveyancing in Ealing differ for newly converted properties?
Most buyers of new build property in Ealing approach us having been asked by the seller to exchange contracts and commit to the purchase even before the house is constructed. This is because house builders in Ealing usually acquire the site, 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 property lawyers 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 Ealing or who has acted in the same development.
Yesterday I discovered that there is a flying freehold element on a property I put an offer in last month in what should have been a straight forward, no chain conveyancing. Ealing is the location of the property. Can you shed any light on this issue?
Flying freeholds in Ealing are not the norm but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Ealing you would need to get your solicitor to go through the deeds thoroughly. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Ealing may ascertain that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold property.
Given that I am about to part with 450k on a garden flat in Ealing I wish to have a conversation with the lawyer about myhouse move in advance of appointing the firm. Is this something that you can arrange?
Absolutely - it is our preference to talk to you we do not take any clients on without you speaking to the lawyer due to be doing your property ownership legalities in Ealing.There is no ‘factory style conveyancing’ - every client is unique individual, not a case number. The practices that we put you in touch with believe that the fees you are quoted for your conveyancing in Ealing should be the figure that you are charged.
The property lawyers conducting our conveyancing in Ealing has forwarded documents to review that reveal that the property is unregistered with epitome documents. Why is the property not yet recorded at HMLR?
Over ninety percent of property in Ealing is registered. An 'epitome' is basically a dossier of photocopies of documents affecting an unregistered title. Plenty of Ealing conveyancing practitioners should be capable of dealing with this type of conveyancing but where uncertainty reigns the prevailing proposition presently is for the current owners to register the title first and then deal with the sale conveyance - this this chain of events will cause a significant delay.