It is a dozen years since I bought my house in Notting Hill. Conveyancing solicitors have now been instructed on the sale but I can't track down the deeds. Is this a major issue?
Don’t worry too much. Firstly there is a possibility that the deeds will be kept by your lender or they could be in the possession of the solicitor who oversaw the purchase. Secondly in all probability the property will be registered at the land registry and you will be able to establish that you own the property by your conveyancing solicitors procuring current official copies of the land registers. Most conveyancing in Notting Hill involves registered property but in the unlikely event that your home is unregistered it is more tricky but is resolvable.
Last month we had a mortgage agreed in principle with Virgin Money. Notting Hill conveyancing lawyers are appointed. What is the average time that one could expect to receive a mortgage offer from Virgin Money?
There is no definitive answer here. Have Virgin Money done the survey? Have you informed Virgin Money as to your lawyers' details and checked that your lawyers are on the Virgin Money conveyancing panel? Sometimes it can take as long as six weeks for a mortgage offer to be issued.
I have paid off my mortgage with Barclays. I assume I don't need a Notting Hill conveyancer on the Barclays panel to discharge the mortgage at the Land Registry. Please confirm.
If you have finished paying off your Barclays 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 Barclays mortgage from the register. Barclays, 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 Barclays has sent the Land Registry the discharge electronically, and
- Barclays has instructed the Land Registry to do so
I can not work out if my mortgage offer requires a lease extension. I have called into my local Notting Hill building society branch on numerous occasions and was reassured it wasn't an issue and they will lend. My Notting Hill conveyancing solicitor - who is on the bank conveyancing panel- telephoned and was told they refuse to lend in accordance with their published requirements. Who do I believe?
Your conveyancer has to comply with the CML Handbook Part 2 specifications for your bank. Unless your lawyer obtains specific confirmation in writing that the mortgage company will go ahead, your lawyer has no choice but to refrain from exchanging contract and committing you to the purchase. We would suggest that you ask the mortgage company to contact your lawyer in writing confirming that they will accept the number of years left on the lease.
My friend suggested that where I am buying in Notting Hill I should ask my conveyancer to execute a Neighbourhood, Planning and Local Amenity Search. What does it cover?
This is a search is usually quoted for as part of the standard Notting Hill conveyancing searches. It is not a small report of about 40 pages, listing and setting out important information about Notting Hill around the property and the people living there. It incorporates an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the local Housing Market, Council Tax Banding, the type of People living in the area, the dominant type of Housing, the Average House Prices, Crime details, Notting Hill Education with maps and statistics, Local Amenities and other useful information concerning Notting Hill.
Is it possible to change firm as I need to select a firm on the Bank of Ireland conveyancing panel. I hired a local conveyancing solicitor in Notting Hill round the corner but she is not approved by Bank of Ireland
We will our best to assist in finding you a conveyancing solicitor in Notting Hill on the Bank of Ireland panel. Please note that the solicitors that we list do not pay us commission if you instruct them and are registered with the Solicitors Regulation Authority who oversee all conveyancing solicitors in Notting Hill. Using the find a conveyancing solicitor tool on this page, you can compare charges for conveyancing solicitors in Notting Hill and beyond.
My husband and I are four weeks into a leasehold purchase having been recommend to conveyancers by the estate agent to handle our conveyancing in Notting Hill. We are not happy. Can you you assist me in finding new conveyancers?
They would have to be very bad to suggest changing them. Has your mortgage offer been sent? In the event that it has you need to make them aware of the new solicitor and get the offer are re-issued. The conveyancer should be on the lenders panel to avoid escalating expenses and delays. So that should be your first question of the new conveyancers. Our find a solicitor tool should assist you in finding a lender approved conveyancer for your home move in Notting Hill
I am short of a 10% deposit on my flat purchase in Notting Hill , but I am keen proceed. Do I have options?
One option is to try and agree a smaller deposit. Many property owners will agree to a lower 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 moment