It is is a decade since I purchased my house in West Harrow. Conveyancing lawyers have now been appointed on the sale but I can't locate my deeds. Will this jeopardise the sale?
Don’t worry too much. Firstly there is a chance that the deeds will be kept by the lender or they could be in the possession of the solicitor who oversaw the purchase. Secondly the chances are that the land will be recorded at the land registry and you will be able to prove you are the registered owner by your conveyancing lawyers procuring current official copies of the land registers. Nearly all conveyancing in West Harrow involves registered property but in the rare situation where your property is not registered it adds to the complexity but is resolvable.
I require expedited conveyancing in West Harrow as I am under an ultimatum to sign on the dotted line inside 2 weeks. A mortgage is not required. Is it possible to avoid the conveyancing searches to save money and time?
If.Given you are are a mortgage free buyer you have the choice not to do searches although no solicitor would suggest that you don't. With lots of history conveyancing in West Harrow the following are instances of issues that can arise and therefore affect future mortgageability: Refused Planning Applications, Outstanding Fees, Overdue Grants, Unadopted Roads,...
It has been four months since my purchase conveyancing in West Harrow concluded. I have checked the Land Registry website which shows that I paid £150,000 when infact I paid £160,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the residence from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
Over the last few months I have been searching for a leasehold apartment up to £245,000 and found one close by in West Harrow I like with open areas and railway links nearby, the downside is that it only has 51 remaining years left on the lease. I can't really find anything else in West Harrow in this price bracket, so just wondered if I would be making a mistake buying a lease with such few years left?
Should you require a home loan that many years will likely be an issue. 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 at least twenty four months you can ask them to commence the lease extension formalities and pass it to you. An additional ninety years can be extended on to the existing lease term and have £0 ground rent by law. You should consult your conveyancing lawyer about this.
In sourcing the web for the words cheap conveyancing in West Harrow it reveals many property lawyerslocally. How do I determine which is the right conveyancer for purchase transaction?
The ideal method of choosing the right conveyancer is via personal referral, so enquire of friends and those you trust who have acquired a property in West Harrow or the local estate agent or mortgage broker. Charges for conveyancing in West Harrow vary, so it's sensible to secure a minimum of four fee calculations from varying types of law firms. Make sure that you know what costs in the quote includes.
I need to switch lawyers as my West Harrow lawyer is not on the bank's panel of conveyancing solicitors. Is it practical to instruct different lawyers?
If you haven't yet appointed a conveyancer to commence the conveyancing and have just received an estimate as to costs, you're perfectly free to choose a different solicitor to carry out your work for you. The best way is to get recommendations from friends or family who have actually used the solicitor or conveyancer in West Harrow that you're considering.