I instructed a local lawyer for my conveyancing in Kensal Green last week. Looking through the fine print I notewe are liable for charges even if the movefalls through. Would I be best advised to instruct a web based conveyancing company promising no completion no cost conveyancing in Kensal Green?
It is usually ‘give and take’ in that if "No Completion No Fee" is advertised then the fee levels will generally be uplifted to offset the transactions that do not go ahead. Do bear in mind that these offerings rarely cover disbursements e.g. Kensal Green conveyancing search charges.
We're in Kensal Green, First time buyers purchasing with a mortgage (lender is Leeds Building Society , and our lawyer is on the Leeds Building Society conveyancing panel). How long should the conveyancing process take?
The fact that your lawyer is on the Leeds Building Society conveyancing panel is a help. It would almost certainly delay matters if they were not. However, no lawyer should guarantee a timeframe for your conveyancing, due to third parties outside of your control such as delays caused by lenders,conveyancing search providers or by the other side’s solicitors. The time taken is often determined by the number of parties in a chain.
My step-father has suggested that I appoint his conveyancing solicitors in Kensal Green. Should I find my own conveyancer?
No doubt the best way to choose a conveyancing practitioner is to have recommendations from friends or relatives who have previously instructed the solicitor that you are are thinking of instructing.
Having checked my lease I have discovered that there are only 68 years remaining on my lease in Kensal Green. I need to get lease extension but my freeholder is absent. What options are available to me?
On the basis that you qualify, under the Leasehold Reform, Housing and Urban Development Act 1993 you can submit an application to the County Court for for permission to dispense with the service of the initial notice. This will enable the lease to be granted an extra 90 years by the Court. You will be obliged to prove that you have made all reasonable attempts to find the lessor. On the whole a specialist should be useful to conduct investigations and prepare a report which can be accepted by the court as proof that the freeholder is indeed missing. It is wise to seek advice from a conveyancer both on devolving into the landlord’s absence and the vesting order request to the County Court covering Kensal Green.
I own a basement flat in Kensal Green. Given that I can not reach agreement with the landlord, can the Leasehold valuation Tribunal make a decision on the premium payable for the purchase of the freehold?
Most definitely. We can put you in touch with a Kensal Green conveyancing firm who can help.
An example of a Lease Extension decision for a Kensal Green property is 85A Chevening Road in August 2013. the Tribunals conclusions resulted in a payment of a premium for the new lease in the sum of £11,211 This case related to 1 flat. The unexpired term as at the valuation date was 84.34 years.
My lawyers in Kensal Green have advised me that no longer have my conveyancing file. To assist with my purchase I took out a mortgage with the bank. Is it case that being on the mortgage company conveyancing panel they need to have retained the file for a prescribed period?
It very much depends from lender to lender but many of the Terms and Conditions of Conveyancing Panel Appointment require the file to be held for a period of 6 years. That being said we have not seen a copy of the mortgage company Conveyancing Panel Terms. It might be worth you contacting the bank directly.