I can't travel far from West London. I would like to know the understand why all West London solicitors are not on all bank panels?
Lenders point to the fact that solicitor-led fraud is considered to be responsible for millions of pounds of fraud every year.The removal of law firms off of lender panels started with the rise in mortgage fraud, which prompted a thematic review by the Financial Services Authority in 2011. Its outcome included recommendations for lenders to review their conveyancing panels, which triggered a major policy change in the sector. This resulted in mortgage companies culling less reputable firms off their books of approved conveyancers .
Would the conveyancing solicitors via your comparison service perform attended exchange conveyancing in West London?
There are a few conveyancing specialists who can conduct attended exchanges. Do call us to obtain a fee calculation and details as to availability.
What can a local search inform me concerning the property my wife and I buying in West London?
West London conveyancing often commences with the submitting local authority searches directly from your local Authority or through a personal search organisations for example Onsearch The local search is essential in every West London conveyancing purchase; as long as you don’t want any nasty once you have moved into your property. The search will reveal information on, amongst other things, details on planning applications relevant to the property (whether granted or refused), building control history, any enforcement action, restrictions on permitted development, nearby road schemes, contaminated land and radon gas; in all a total of thirteen topic areas.
It has been 4 months since my purchase conveyancing in West London took place. I have checked the Land Registry site 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 asset 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.
I decided to have a survey completed on a house in West London before appointing lawyers. I have been told that there is a flying freehold element to the house. The surveyor advised that some banks tend refuse to grant a loan on such a property.
It depends who your proposed lender is. Bank of Scotland has different requirements from Birmingham Midshires. If you call us we can look into this further with the appropriate bank. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in West London. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in West London to see if the conveyancing will be more expensive.
Is planning consent needed to split a single dwelling into a couple of appartments in West London? This has taken place to a house next door to my house in West London and was ignorant of it happening until it was done.
Planning consent is needed for splitting a single house in West London into flats but probably not for converting back to single dwelling-house so, in answer to your question, yes.