What does my ID and proof of funds have anything to do with my conveyancing in West Kensington? What am I being asked for?
Anti-terror and anti-money-laundering regulations require solicitors and licensed conveyancers to verify the identity of the person or body they are dealing with prior to agreeing to accepting their conveyancing retainer. The Client Care letter that you need to sign will no doubt confirm this. Your lender will also require certain documents to be viewed. If you are unwilling to provide ID verification documents, your lawyer would not be able to act for you.
I am assisting my mother sell her flat in West Kensington. Does the conveyancer commission the EPC or do I organise this?
Following the demise of Home Packs, energy assessments remained a required element of selling a house. An EPC should be commissioned in advance of the property being advertised. This is not a task that law firms ordinarily organise. If you are using a West Kensington conveyancing practitioner they may be willing to arrange energy performance certificates given their contacts with long established local providers
We are planning to move property in September. Will my conveyancing solicitor update the removal company on the completion day. Incidentally, can you put forward a removal company in West Kensington. Conveyancing solicitor was organised before I stumbled across this site.
On the afternoon of completion you will need to collect the house keys from the property agent but this should only occur after the sellers conveyancers confirm to the agent that they acknowledge receipt of the completion payment and the keys can be collected. You should advise the removal company that they can start moving you in. We do not suggest a particular removal organisation but can assist you in locating a residential property solicitor in West Kensington or a lawyer with expertise in conveyancing in West Kensington.
I can not fathom if my lender requires a lease extension. I have called into my local West Kensington bank branch on a couple of occasions and was informed it wasn't an issue and they would lend. My West Kensington conveyancing solicitor - who is on the bank conveyancing panel- called and was told they refuse to lend based on their UK Finance Lenders’ Handbook minimum lease term requirements. Who do I believe?
As long as the conveyancing practitioner is on the lender panel, she or he must follow the Council of Mortgage Lenders’ Handbook conditions for the lender. Unless your lawyer obtains specific confirmation in writing that the bank 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 lender to contact your lawyer in writing confirming that they will accept the number of years left on the lease.
I got the keys to my home on 8 October and my personal details is yet to be registered. Any reason for this? My conveyancing solicitor in West Kensington advises it will be recorded inside ten days. Are transfers in West Kensington uniquely lengthy to register?
There is nothing unique when it comes to conveyancing in West Kensington registration formalities. Rather than based on location, timescales can vary depending on the party submitting the application, whether it is in order and if the Land registry have to notify any other persons or bodies. Currently approximately three quarters of submission are fully dealt with within 12 days but some can be subject to longer hold-ups. Historically registration takes place after the buyer has moved in to the premises therefore an expedited registration is not usually primary concern but where there is a degree of urgency associated with the registration then you or your conveyancer should communicate with the Registry to express the reasoning for an expedited registration.
My company is wishing to take over a lease of a shop on the high street. Can you recommend conveyancers offering competitive fees for commercial conveyancing in West Kensington for below £2000?
We can recommend firms who have well rounded knowledge of commercial conveyancing in West Kensington, including the sale and purchase of businesses as well as simply property. If you are looking to buy or dispose of a shop, pub, restaurant, office, retail unit or a complete business we will find you the right solicitor. As for the charges these will vary based on the structure and nuances of the deal. Let us have your contact information or email so as to enable us to furnish you with a detailed commercial conveyancing quote.
My wife and I purchased a leasehold house in West Kensington. Conveyancing and Halifax mortgage went though with no issue. A letter has just been received from someone claiming to own the reversionary interest in the property. Attached was a demand for arrears of ground rent dating back to 1991. The conveyancing practitioner in West Kensington who acted for me is not around. Do I pay?
The first thing you should do is make enquiries of HMLR to be sure that the individual claiming to own the freehold is indeed the registered owner of the freehold reversion. You do not need to incur the fees of a West Kensington conveyancing firm to do this as you can do this on the Land Registry website for less than a fiver. You should note that in any event, even if this is the legitimate freeholder, under the Limitation Act 1980 no more than 6 years of rent can be collected.
I have had difficulty in trying to purchase the freehold in West Kensington. Can this matter be resolved via the Leasehold Valuation Tribunal?
if there is a absentee landlord or if there is disagreement about the premium for a lease extension, under the relevant legislation you can apply to the First-tier Tribunal (Property Chamber) to make a decision on the price.
An example of a Lease Extension decision for a West Kensington property is 93 Oakwood Court in June 2010. the LVT determined that the premium to be paid for the new lease was £492,083, This case related to 1 flat. The unexpired term as at the valuation date was 37.79 years.
Why do West Kensington conveyancing fees are higher for leasehold and freehold properties?
When purchasing a leasehold property there is more work involved purely due to the fact that usually there are further parties involved in the form of the freeholder and/or Management Agents. As part of a lawyers enquiries they will check that all ground rent and service charges are paid up to date amongst other general leasehold matters. For this reason, the Sellers lawyers usually have to refer to the freeholder or Managing Agent for their replies to our questions. This may be time consuming and beyond the lawyers control