Why is leasehold purchase conveyancing in North Kensington is more expensive?
North Kensington leasehold properties involve far more paperwork than a freehold purchase, and therefore takes more time to examine and advise upon.Conveyancing will involve the lease having to be checked which is usually a lengthy document, queries raised to ensure that the covenants and conditions have been observed. If it is a flat there will be a management company in existence and the accounts of this will need to be checked and enquiries raised to ensure it is operating efficiently and that all monies due have been paid by the Seller to the company and if not ensuring that money is paid up to date or the appropriate undertakings obtained.
Do the Building Society Association intend to launch a searchable register to list solicitors on the Loughborough BS conveyancing panel for example in North Kensington?
We would not expect to be advised of any plans on the part of the BSA to develop such a tool.
I am assisting my mother sell her flat in North Kensington. Will the conveyancing solicitor commission an energy performance certificate or should I organise this?
After the demise of Home Packs, energy performance certificates was maintained a compulsory element of moving house. An energy performance certificate must be to hand in advance of the property being marketed. This is not something that law firms ordinarily arrange. Where you are using a North Kensington conveyancing practitioner they might help arrange EPC’s given their relationships with reputable North Kensington energy assessors
Forgive me if this question is silly but I am unexperienced as FTB of a garden flat in North Kensington. Do I collect the keys to the property on the completion date from my conveyancer? If so, I will find a High Street conveyancing solicitor in North Kensington?
There is no need to visit the lawyers office on the day of completion. Your solicitors will arrange to send the completion advance to the owner’s solicitors, and shortly after the monies have arrived, you will be called to receive the keys from the Estate Agents and move into your new home. Usually this happens between 1 and 3pm.
I have paid off my mortgage with Clydesdale. I assume I don't need a North Kensington conveyancing practitioner on the Clydesdale panel to discharge the mortgage at the Land Registry. Am I right?
If you have finished paying off your Clydesdale mortgage, they may send you evidence showing that you have paid it off. Alternatively they may notify the Land Registry directly. The Land Registry need to see this evidence before they will remove the Clydesdale mortgage from the register. Clydesdale, and any evidence they send you, will determine the action you need to take. In cases where no conveyancer is acting for you and you have paid off your mortgage:
- but are not moving to another property
- where Clydesdale has sent the Land Registry the discharge electronically, and
- Clydesdale has instructed the Land Registry to do so
I've recently found out that there is a flying freehold element on a property I have offered on two weeks back in what was supposed to be a quick, no chain conveyancing. North Kensington is the location of the property. Can you shed any light on this issue?
Flying freeholds in North Kensington are rare but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in North Kensington you must be sure that your lawyer goes 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 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 property.
In what way does the Landlord & Tenant Act 1954 impact my commercial property in North Kensington and how can you help?
The 1954 Act gives protection to commercial lessees, granting the legal entitlement to apply to court for a renewal lease and continue in occupation at the end of an expired lease. There are limited grounds where a landlord can refuse a lease renewal and the rules are complicated. We are happy to direct you to commercial conveyancing firms who use the act for protection and assist with commercial conveyancing in North Kensington
I need to appoint a conveyancing solicitor for residential conveyancing in North Kensington. I have chance upon a web site which looks to be the perfect solution If it is possible to get all formalities completed via web that would be preferable. Should I be concerned? What are the potential pitfalls?
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?