Recently been in touch with my conveyancing lawyer in Knightsbridge who acted for me two years ago requesting a conveyancing costs illustration based on an identical type of house sale & purchase (a leasehold residence and a freehold property) of similar values with a loan from Godiva Mortgages Ltd. I am now being charged twice the amount. Am I right to be tempted to shop around for an alternative conveyancer?
The estimate does seem a tad on the high side. If you are prepared to expend time contrasting quotes you might trim some of the cost by perhaps £100 plus VAT. That being said, if you were satisfied with the service the firm gave you couldcome to regret opting for an an untested conveyancer. Remember to check the conveyancer can also act for Godiva Mortgages Ltd. Do utilise our search tool to choose a Knightsbridge conveyancing firm on the Godiva Mortgages Ltd member panel, which can often include conveyancing solicitors in Knightsbridge.
Completed the sale of my flat in Knightsbridge last February but my buyer keeps SMS messaging me to moan that his lawyer is waiting to hear from mine. What should have happened now that I have sold?
Following your disposal your conveyancer should forward the transfer documentation and all additional paperwork to the purchaser's lawyers. Where relevant, your lawyer must also evidence that the mortgage has been discharged to the purchasers lawyers. There are no post completion formalities peculiar conveyancing in Knightsbridge.
Are there restrictive covenants that are commonly identified as part of conveyancing in Knightsbridge?
Covenants that are restrictive in nature can be picked up when reviewing land registry title as part of the legal transfer of property in Knightsbridge. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
I am buying a new build apartment in Knightsbridge. Conveyancing is necessary evil at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build legal work.
Set out below is a sample of a selection of leasehold new build questions that you may expect your new-build leasehold conveyancing in Knightsbridge
-
Forfeiture - bankruptcy or liquidation must not apply under this provision. Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier? Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? Where there is an Undertaking being granted there is the risk of forfeiture of the Headlease subject to relief if one or more of the Underlessees are willing to accept the original Head Lessee’s obligations as otherwise relief will be denied to the Underlessees. The only alternatives are the Head Lessor agreeing not to forfeit the Headlease or the Head Lessee guaranteeing to the Underlessees that it will not be in breach of the Headlease. Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose?
Yesterday I discovered that there is a flying freehold element on a house I have offered on a fortnight ago in what should have been a quick, no chain conveyancing. Knightsbridge is where the house is located. Can you offer any assistance?
Flying freeholds in Knightsbridge are unusual but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Knightsbridge you would need to get your solicitor to go through the deeds thoroughly. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Knightsbridge may decide 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 residence.
I need to appoint a conveyancing solicitor for leasehold conveyancing in Knightsbridge. I've stumble upon a site which looks to be the perfect answer If there is a chance to get all formalities done via email that would be ideal. Do I need to be wary? What should out be looking out for?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?