The loan offer from NatWest for the refinancing of my 4 bedroom garden flat is coming imminently. Are you able to propose a low cost conveyancing solicitor in West Norwood?
This site is not designed to assist those in their quest for the cheapest conveyancing in West Norwood. We can offer you cost effective conveyancing but our intention is not to work with the cheapest lawyers. Avoid the trap of appointing companies enticing you with low cost conveyancing in West Norwood. The optimum result, in deciding on cheap conveyancing, you will get your money’s worth and at worst you will end up paying a lot in extras and still not end up with the service required.
How up to date is your search tool for West Norwood conveyancing solicitors on the Lloyds conveyancing panel? Do Lloyds send you an updated list?
West Norwood conveyancing firms themselves provide us confirmation that they are on the Lloyds conveyancing panel as opposed to being supplied with a list from Lloyds directly.
My Conveyancer in West Norwood has never been on on the Chelsea Building Society Conveyancing Panel. Can I still use my family solicitor even though they are excluded from the Chelsea Building Society approved list?
The limited options open to you here include:
- Complete the purchase with your preferred West Norwood lawyers but Chelsea Building Society will need to use a conveyancer on their list of acceptable firms. This will result in additional overall conveyancing fees and result in delays.
- Choose a new practitioner to to deal with the purchase, remembering to check they are on the Chelsea Building Society panel
I need some fast conveyancing in West Norwood as I am under pressure to exchange contracts within 3 weeks. A home loan is not required. Is it possible to decline from having conveyancing searches to save fees and time?
As you are not getting a mortgage you are at liberty not to have searches conducted although no solicitor would suggest that you don't. Drawing on years of experience of conveyancing in West Norwood the following are examples of what can appear and therefore affect future mortgageability: Refused Planning Applications, Overdue Fees, Overdue Grants, Railway Schemes,...
I am tempted by the attractive purchase price for a two maisonettes in West Norwood both have in the region of 50 years unexpired on the lease term. Will this present a problem?
There are plenty of short leases in West Norwood. The lease is a legal document that entitles you to use the property for a period of time. As the lease shortens the value of the lease reduces and results in it becoming more expensive to extend the lease. This is why it is advisable to increase the term of the lease. It is often difficult to sell a property with a short lease because mortgage lenders may be reluctant to lend money on such properties. Lease enfranchisement can be a protracted process. We advise that you seek professional assistance from a solicitor and surveyor with experience in this field.
Following months of dialogue we are unable to agree with our landlord on how much the lease extension should cost for our flat in West Norwood. Can we issue an application to the Residential Property Tribunal Service?
in cases where there is a absentee freeholder or where there is disagreement about the premium for a lease extension, under the relevant statutes it is possible to make an application to the LVT to assess the amount due.
An example of a Freehold Enfranchisement case for a West Norwood property is 172 Knollys Road in February 2012. On 13 September 2011 District Judge Guinan made a vesting order and the proceedings were transferred to the tribunal for the purpose of assessing the premium which was subsequently calculated to be £24,003 This case was in relation to 4 flats. The unexpired residue of the current lease was 98.28 for 3 flats other than the garden flat which had 66.04 years remaining.
When it comes to my conveyancing in West Norwood should I be paying VAT on the following: (1) Land reg fee on purchase (2) Pre - completion search fee (3) SDLT E submission on purchase (4) Bank TT fee
(1) Land reg fee on purchase - No (2) Pre - completion search fees -No, (such conveyancing searches are HMLR ones and means £4 and possibly £2 bankruptcy per name on your mortgage) (3) SDLT E submission on your purchase - There is no VAT on Stamp Duty. However if the firm is charging a stamp duty e-submission fee as part of their services - some West Norwood conveyancers do - that will incur VAT(4) Bank transfer fee - Yes it is for the conveyancer's time in submitting the funds this way.