Are the South Kensington conveyancing solicitors identified as being on the Skipton conveyancing panel, together with their details provided by Skipton?
South Kensington conveyancing firms themselves provide us confirmation that they are on the Skipton conveyancing panel as opposed to being supplied with a list from Skipton directly.
I just bought a house at auction in South Kensington. Conveyancing is needed. What is next?
Having exchanged you now have to choose a conveyancing practitioner quickly as you are facing a pending a drop dead date to complete the purchase. All auction property will ordinarily have an associated auction set of papers. This should include evidence of title and search results. If you have purchased leasehold premises the auction papers may include a copy of the lease, management information and a sellers leasehold information form and other conveyancing documentation relating to leasehold premises. You should pass this on to the lawyer working for you at the earliest opportunity. You also need to ensure that you have funds organised to complete on the on the contractual date .
My wife and I buying a end of terrace house in South Kensington. We would like to carry out an extension to the side at the house.Will legal investigations on the property involve enquiries to ascertain if these works are permitted?
Your property lawyer will check the registered title as conveyancing in South Kensington will on occasion identify restrictions in the title deeds which restrict certain works or require the consent of another owner. Many additions need local authority planning consent and approval in accordance building regulations. Many areas are designated conservation areas and special planning restrictions apply which frequently prevent or affect extensions. It would be sensible to check these issues with a surveyor prior to committing yourself to a purchase.
I have a mortgage with Nottingham for my property in South Kensington. Conveyancing was finalised 12 months ago. Should I wish to rent out my property and do not currently have a buy-to-let mortgage do I need to remortgage to a BTL mortgage or inform Nottingham?
Nottingham must be informed of your intention in advance of letting out your property as this is likely to be a breach of Nottingham’s mortgage conditions. In many cases banks or building societies will permit you to let out your former home without needing to switch to a buy-to-let mortgage but some lenders will add a surcharge to your mortgage rate to reflect the higher risk. You should contact Nottingham directly. You need not do this via a Nottingham conveyancing panel solicitor.
Me and my brother purchased a semi-detached Georgian property in South Kensington. Conveyancing practitioner represented me and Bank of Ireland. I happened to do a free search for it on the Land Registry database and there are a couple of entries: one for freehold, another for leasehold with the matching property. I'd like to know for sure, how can I find out??
You need to review 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 South Kensington and other areas of the country and poses no real issues for owners other than when they buy they have to account for both freehold and leasehold interests when dealing with lenders. You can also enquire as to the position with your conveyancing solicitor who carried out the work.
I am purchasing a new build house in South Kensington with a mortgage from Bank of Ireland. The builders would not budge the price so I negotiated £7000 of extras instead. The property agent advised me not disclose to my solicitor about this deal as it will impact my mortgage with the lender. Should I keep quiet?.
All lenders require a Disclosure of Incentives Form from the builder of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.
Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.
Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.
I am looking for a flat up to £235,500 and identified one near me in South Kensington I like with a park and transport links nearby, the downside is that it's only got 52 years on the lease. I can't really find anything else in South Kensington in this price bracket, so just wondered if I would be making a grave error acquiring a short lease?
Should you require a home loan that many years will be problematic. Reduce the offer by the anticipated lease extension will cost if it has not already been discounted. If the current owner has owned the premises for a minimum of twenty four months you may ask them to start the process of the extension and then assign it to you. An additional ninety years can be extended on to the current lease term with a zero ground rent applied. You should consult your conveyancing lawyer about this matter.
How do I search for a South Kensington solicitor on the The Royal Bank of Scotland conveyancing panel? I have wheels and am willing to travel upto 20miles to meet the lawyer.
You can use the tool on this website. Please select a bank and your location and you will see a number of South Kensington conveyancing lawyers locally. We have detailed some South Kensington conveyancing firms at the bottom of this page and you can call them to check if they are on the The Royal Bank of Scotland approved list