I selected a local solicitor for my conveyancing in North Kensington yesterday. Going through the Terms and Conditions I seewe are responsible for costs even if the sale doesn't happen. Would I be best advised to select an on-line solicitor practice advertising no completion no charge conveyancing in North Kensington?
Generally there is a compromise along the lines that if "No Completion No Fee" is available then the fee levels will generally be higher to neutralise the transactions that do not go ahead. Also remember that such deals rarely cover expenses e.g. North Kensington conveyancing search charges.
I am helping my aunt sell her property in North Kensington. Will the conveyancing solicitor commission the EPC or it is for the owner to coordinate?
Following the demise of HIPs, EPC’s was retained a compulsory part of moving house. An energy assessment must be to hand prior to the property being marketed. This is not as aspect of the sale process that solicitors ordinarily organise. Where you are using a North Kensington conveyancing lawyer they might be able to arrange energy assessments due to their contacts with reputable local assessors
This question may be naive but I am unexperienced as FTB of a garden flat in North Kensington. Do I collect the keys to the premises on the completion date from my solicitor? If this is the case, I will appoint a High Street conveyancing solicitor in North Kensington?
On the day of completion you do not need to go to the conveyancers office in North Kensington. Your solicitors will electronically transfer the purchase money to the seller's lawyers, and once they have received this, you will be called to collect the keys from the property Agents and move into your new home. This tends to happen early afternoon.
My uncle pointed out to me me that in buying a property in North Kensington there may be various restrictions affecting the ability to carry out external changes to a property. Is this right?
There are anumerous of properties in North Kensington which have some sort of restriction or requirement of consent to carry out external changes. Part of the conveyancing in North Kensington should determine what restrictions are applicable and advising you as part of a ROT that should be sent to you.
The deeds to our house are lost. The lawyers who dealt with the conveyancing in North Kensington 4 years ago are no longer around. Will I be able to sell the house?
In today’s world there are copies made of almost everything, and your lawyer should know precisely where to find all the suitable paperwork so you can purchase or sell your property without a hitch. If duplicates can’t be located, your lawyer may be able to put in place insurance or indemnities against possible claims on your property.
Yesterday I discovered that there is a flying freehold issue on a property I put an offer in a fortnight ago in what should have been a simple, no chain conveyancing. North Kensington is where the house is located. Is there any advice you can impart?
Flying freeholds in North Kensington are not the norm but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside North Kensington you would need to get your solicitor to go through the deeds diligently. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in North Kensington may determine 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 premises.
Given that I will soon spend £400,000 on 3 bedroom house in North Kensington I would like to have a conversation with the conveyancer regarding thetransaction in advance of giving the go ahead to the firm. Can this be arranged?
This is something that we encourage - it is our preference to talk to you we do not take any clients on without you first talking to the solicitor who will be carrying out your property ownership legalities in North Kensington.There is no ‘factory style conveyancing’ - every client is unique individual, not a matter number. The law firms that we put you in touch with believe that the fees you are quoted for residential conveyancing in North Kensington should be the figure that you end up paying.
I dont have enough spare cash to pay a 10% deposit on my apartment purchase in North Kensington , but I am keen exchange. What can I do?
One option is to try and accept a lower deposit. Most sellers will accept a lesser deposit or even no deposit for a first time buyer or 100% mortgage. Be aware though that if you fail to complete you will still need to hand over a minimum of 10% of the purchase price regardless of how much deposit was agreed.
You can also agree a simultaneous exchange and completion as no deposit is required for this however neither party will be tied in until completion actually takes place and it can be risky if sellers change their mind at the last second