At what point can the exchange of contracts happen for purchase conveyancing in Kew and do I need to attend the conveyancers branch?
If you are local to one of the conveyancing solicitors in Kew you are invited in to sign the paperwork. However, the firms we recommend supply countrywide coverage for conveyancing and provide as equally comprehensive and professional a job for you when communicating with you electronically. The signing of the contract is not when everything is set in stone. A signed contract simply enables the solicitor to address the formalities when the time is right, which will usually be very shortly after signing. The exchange process is nowadays normally dealt with by telephone and can be very rapid, although where a long "chain" is in play, since the process requires the relevant party's solicitor (not necessarily a conveyancing solicitor in Kew)to be in the office available at the end of the phone to exchange contracts.
four months have elapsed following my purchase conveyancing in Kew took place. I have checked the Land Registry site which shows that I paid £175,000 when infact I paid £215,000. 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 residence 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 am buying a new build house in Kew with a loan from Accord Mortgages Ltd. The sellers refused to move on the price so I negotiated 6k of fixtures and fittings instead. The estate agent suggested that I not disclose to my solicitor about this deal as it could put at risk my mortgage with Accord Mortgages Ltd. Is this normal?.
All lenders require a Disclosure of Incentives Form from the developer of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.
Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.
Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.
Hoping to buy a property located in Kew and I am already nervous. I couldn't find anything specific about Kew. Conveyancing will be needed in due course but do you know about the Kew area? or perhaps some other tips you can share?
Rather than looking online forget looking online you should go and have a look at Kew. In the meantime here are some basic statistics that we found
I wish to rent out my leasehold flat in Kew. Conveyancing solicitor who did the purchase is retired - so can't ask him. Is permission from the freeholder required?
A lease governs the relationship between the freeholder and you the leaseholder; in particular, it will indicate if subletting is prohibited, or permitted but only subject to certain conditions. The rule is that if the lease contains no specific ban or restriction, subletting is permitted. Most leases in Kew do not contain an absolute prevention of subletting – such a clause would adversely affect the market value the property. Instead, there is usually simply a requirement that the owner notifies the freeholder, possibly sending a duplicate of the sublease.
I have attempted and failed to negotiate with my landlord to extend my lease without getting anywhere. Can the Leasehold Valuation Tribunal decide on such issues? Can you recommend a Kew conveyancing firm to help?
Absolutely. We are happy to put you in touch with a Kew conveyancing firm who can help.
An example of a Lease Extension case for a Kew flat is Flat 1 30 Ennismore Avenue in September 2010. the Tribunal adopted and arrived at a premium for the lease extension of £29, 900 This case affected 1 flat. The unexpired lease term was 68.34 years.
Builders have put forward a property lawyer and I've obtained an estimate from them. It's almost two hundred pounds less expensive than my local Kew conveyancer. Should I use them?
Housebuilders normally have panels of solicitors who expedite matters and who know the seller’s contract and lawyer. Plenty of developers offer an incentive to choose their approved conveyancer for this reason, any increased charges can be avoided and a developer will not suggest a conveyancing factory and run the risk of having the conveyancing stall when they demand an exchange within a tight deadline. A counter-argument for not agreeing to use the suggested lawyer is that they may be hesitant to 'push' your interests for fear of alienating the housebuilder. Where you have concerns that this may be the situation you should remain with your high street Kew property lawyer.