In the event thatI were to acquire a simple residential propertyin Holland Park for cash and dispense with a survey and no local authority searches how much could I expect to have to pay for conveyancing in Holland Park?
Any savings you would make would be limited to the costs for searches. Your lawyer is obliged to do the vast majority of work - money laundering, correspond with the vendors solicitor, SDLT return, register the ownership etc. A marginal saving might be made by not having to register a mortgage but it won't be meaningful.
I am helping my step-mother sell her property in Holland Park. Will the conveyancer arrange an energy assessment or it is for me to coordinate?
After the demise of Home Information Packs, energy performance certificates remained a mandatory component of selling a property. An energy performance certificate needs to be commissioned before the property is marketed. It is not as aspect of the sale process that lawyers ordinarily organise. Where you are instructing a Holland Park conveyancing practitioner they may help arrange energy assessments due to their contacts with long established Holland Park accredited person
My bid for a property was accepted at auction in Holland Park. Conveyancing is required. What happens now?
Now that you are legally committed yourself to purchase you must choose a conveyancing practitioner as a matter of priority as you are facing a fast approaching a drop dead date to complete the conveyancing. All auction property should have a bespoke auction set of papers. This should include most,if not all of the documents that your solicitor will need. If you have purchased leasehold property the conveyancing papers should include a copy of the lease, management information and a sellers leasehold information form and other conveyancing paperwork pertinent to leasehold premises. You must pass this on to the conveyancer instructed by you at the earliest opportunity. You also need to ensure that your finances are organised to complete on the date specified in the contract.
I am selling my flat. I had a double glazing fitted in May 2008, but did not receive a FENSA certificate or Building Regulation Certificate. My purchaser’s lender, Bank of Ireland are being problematic. The Holland Park solicitor who is on the Bank of Ireland conveyancing panel is recommending indemnity insurance as a solution but Bank of Ireland are requiring a building regulation certificate. Why do Bank of Ireland have a conveyancing panel if they don't accept advice from them?
It is probably the case that Bank of Ireland have referred the matter to their valuer. The reason why Bank of Ireland 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.
Should commercial conveyancing searches reveal impending roadworks that could impact a commercial site in Holland Park?
Many commercial conveyancing solicitors in Holland Park will perform a SiteSolutions Highways report as it dramatically cuts the time that conveyancers spend in sourcing accurate data on highways that impact buildings and development assets in Holland Park. The search result provides definitive information on the adoption status of roads, footpaths and verges, as well as the implication of traffic schemes and the rights of way surrounding a commercial development sites in Holland Park.
For each commercial conveyancing transaction in Holland Park it is critical to investigate the adoption status of roads surrounding a site. The absence of identifying developments where adoption procedures have not been addressed adequately may result in delays to Holland Park commercial conveyancing transactions as well as present a risk to future intentions for the site. These searches are not conducted for domestic conveyancing in Holland Park.
It has been 4 months since my purchase conveyancing in Holland Park took place. I have checked the Land Registry site which shows that I paid £200,000 when infact I paid £170,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the asset from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
I have been sourcing a conveyancing lawyer in Holland Park for my house move. Is there any facility to see a solicitor's complaints history with the profession’s regulator?
Anyone can read documented Solicitor Regulator Association (SRA) determinations arising from investigations from 2008 onwards. Visit Check a solicitor's record. For records Pre 2008, or to check a solicitors record, call 0870 606 2555, 08.00 - 18.00 Monday, Wednesday, Thursday, Friday and 09.30 - 18.00 Tuesday. International callers, dial +44 (0)121 329 6800. The SRA could monitor telephone calls for training reasons.
My partner and I have had DIP from Accord Mortgages Ltd who indicated that they will lend up to £350k. When do we need to instruct a lawyer for conveyancing? Holland Park is where we plan to move to.
You can instruct a solicitor now so that the property lawyer can open the file so they can conduct their AML checks etc. Once you wish them to start work you will be asked for a payment on account normally approximately £225. That would generally be once you have the loan offer from the lender and survey back, however should you wish to expedite the process you can start the ball rolling quicker albeit risking some expense.