I require conveyancing for an apartment in a fairly new development (seven years built) in Maida Vale. 95% of the flats are already sold. Do I need carry out the local searches as part of conveyancing in Maida Vale?
A big part of the Maida Vale conveyancing process is the conveyancing searches. There are numerous search providers delivering Maida Vale conveyancing searches, as well direct from the local authority. These are usually referred to as personal search companies due to them carrying out, personal searches. Nevertheless, all Local Authority Search conveyancing products have one thing in common - they must secure their information from the local authority.
Me and my brother own a 4 bedroom Victorian property in Maida Vale. Conveyancing lawyer acted for me and Nationwide Building Society. I happened to do a free search for it on the Land Registry database and there are two entries: the first freehold, another for leasehold under the matching property. I'd like to know for sure, how can I find out??
You should read the Freehold register you have again and check the Charges Register for mention of a lease. The best way to be sure that you are also the registered proprietor of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Maida Vale and other areas of the country and poses no real issues for owners other than when they remortgage they have to account for both freehold and leasehold interests when dealing with purchasers. You can also enquire as to the position with the conveyancing practitioner who conducted the purchase.
How does conveyancing in Maida Vale differ for newly converted properties?
Most buyers of new build premises in Maida Vale approach us having been asked by the housebuilder to sign contracts and commit to the purchase even before the residence is constructed. This is because developers in Maida Vale usually acquire the land, 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 conveyancing solicitors 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 Maida Vale or who has acted in the same development.
I was recommended by a few estate agents in Maida Vale to get a quote from a solicitor using your seach tool. Is there a financial advantage for Estate Agents to promote your site rather than alternative conveyancing organisations?
We don’t offer any financial incentive for sending work to this site. We found it would be just too difficult a fee because members of the public would think, ‘How come the agent getting a kickback? Why am I not receiving any benefit too?’ So we decided to step away from that.
My brother has recommend that I appoint his conveyancing solicitors in Maida Vale. Should I use them?
No doubt the best way to find a conveyancing lawyer is to seek guidance from friends or family who have actually previously instructed the conveyancer that you are are thinking of instructing.
Why is it not possible to complete our conveyancing in Maida Vale on Easter Monday?
This is due to the fact that on completion the funds needs to pass between the banks of the purchaser and seller's conveyancer and currently this can only happen on a business day. So you can't complete on a saturday or sunday either.