Is it realistic for conveyancing in South Kensington to be done in under 10 days?
In a situation where the seller is applying pressure for your conveyancing we would recommend that your solicitor is familiar with the area as they will make use of local contacts and know-how. It is even conceivable that they may have handled otherhouses in the same road. Therefore consider using a South Kensington conveyancing lawyer. Second, be sure that the lawyer is on the on the approved list for your mortgage company. It is said that just under twenty per cent of South Kensington conveyancing deals are suspended or derailed after finding out that a buyer’s solicitor was not on their banks panel. This can often result in the home move being held up by almost 21 days. It is said that this issue affects in the region of one hundred thousand home sales every year. Many South Kensington conveyancing firms can not represent certain mortgage companies so do check at the outset.
Why do I have to pay up front for conveyancing in South Kensington?
If you are buying a property in South Kensington your solicitor will ask you place them with funds to cover the the cost of the conveyancing searches. Normally this is needed to cover the fees of the Local Authority Search. If any down payment is as part of the purchase price then this will be needed immediately in advance of contracts are exchanged. Any further balance that is needed should be sent to your lawyer shortly before completion.
Due to the input of my in-laws I had a survey completed on a property in South Kensington prior to instructing lawyers. I have been informed that there is a flying freehold element to the property. The surveyor advised that some lenders may not issue a mortgage on a flying freehold house.
It depends who your proposed lender is. Bank of Scotland has different instructions for example to Nationwide. Should you wish to telephone us we can look into this further with the relevant bank. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in South Kensington. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in South Kensington to see if the conveyancing will be more expensive.
I am looking to sell my house. My past solicitors closed down. I am in need of a recommendation of a conveyancing firm. I happen to live in South Kensington if that makes a difference.
You should use our search tool to help you find a solicitor for your conveyancing in South Kensington. We have connected thousands of home buyers and sellers with regulated solicitors to ensure that the legalities of their house move runs with a minimum of fuss.
I need to instruct a conveyancing solicitor in South Kensington for my home move. Can I see a firm’s record with the profession’s regulator?
Members of the public can see documented Solicitor Regulator Association (SRA) determinations arising from investigations from 2008 onwards. Go to Check a solicitor's record. For details Pre 2008, or to check a firm's record, phone 0870 606 2555, 08.00 - 18.00 any week day save for Tuesday when lines open at 9.30am. For non-uk callers, call +44 (0)121 329 6800. The regulator could monitor call for training purposes.
Midway through the sale of a leasehold flat in South Kensington. Conveyancing lawyers are doing their job but we have been asked to pay a fortune by the freeholder. So far we have issued a cheque for £250 for a leasehold management information and then a further £117.20 for responses to queries supplied by the buyers lawyer.
Neither you or your conveyancing practitioner will have any sway over the level of the charges for this information however the average fee for the information for South Kensington leasehold premises is £380. When it comes to South Kensington conveyancing sales it is usual for the seller to pay for these costs. The freeholder or their agents are not duty bound to answer such questions although many will be content to do so - albeit often at exorbitant prices disproportionate to the work involved. Unfortunately there is no statute that mandates fixed charges for administrative tasks. There is no legal time limit by which they are obliged to supply answers.