Is there a reason to appoint a South Kensington conveyancing practice when web based alternatives are so much cheaper?

To take your time to find get 2 or 3 like-for-like quotes for conveyancing costs in South Kensington and you should seek an affordable estimate but don’t be focused with scouring the internet for the cheapest South Kensington conveyancer. Locating the right conveyancer can be the difference between a seamless and a stressful house move. It is important that you ensure that you have expert advice from a specialist conveyancer. Emails can't replace a phone discussion and are no substitute for a face to face meeting. The firms that we work with will find you a qualified and trusted conveyancing solicitor who can deal with your conveyancing from start to finish, providing a level of continuity that you will never get with an internet conveyancer. He or She will inform you as to progress making sure that you are never in the dark. If you ever need to phone the firm you will be sure who to ask for and we'll endeavour to make sure that you're not left wondering what's going on.

My South Kensington conveyancer has discovered a difference between the information in the valuation survey and what is revealed within the legal papers for the property. My solicitor informs me that he needs to ensure that the bank is OK with this discrepancy and is still content to lend. Is my conveyancer’s approach correct?

Your solicitor must comply with the UK Finance Lenders’ Handbook conditions which do require that your lawyer disclose any incorrect assumptions in the lender’s valuation report and the legal papers. Should you refuse to allow your lawyer to make the appropriate notification then your lawyer will have no choice but to discontinue acting for you.

I own a freehold premises in South Kensington but still invoiced for rent, why is this and what is this?

It’s unusual for properties in South Kensington and has limited impact for conveyancing in South Kensington but some freehold properties in England (particularly common in North West England) pay an annual sum known as a Chief Rent or a Rentcharge to a third party who has no other legal interest in the land.

Rentcharge payments are usually between £2.00 and £5.00 per year. Rentcharges date back many centuries, but the Rent Charge Act 1977 barred the establishment of fresh rentcharges post 1977.

Old rentcharges can now be extinguished by making a lump sum payment under the Act. Any rentcharges that are still in existence in 2037 will be dispensed with completely.

I have been on the look out for a leasehold apartment up to £245,000 and found one near me in South Kensington I like with open areas and station in the vicinity, however it only has 52 remaining years left on the lease. I can't really find anything else in South Kensington in this price bracket, so just wondered if I would be making a mistake buying a lease with such few years left?

If you require a home loan the shortness of the lease may be problematic. Discount the offer by the amount the lease extension will cost if not already taken into account. If the current proprietor has owned the premises for at least 2 years you could 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 and have £0 ground rent by law. You should consult your conveyancing lawyer concerning this matter.

What is the difference between surveying and conveyancing in South Kensington?

Conveyancing - in South Kensington or anywhere in England and Wales - is the legal term given to transferring legal title of property from one person to another. It involves the checking of the title. Whether buying or selling, you should be aware of anything affecting the property such as proposals by government departments, illegal buildings, or outstanding rates. The conveyancer should conduct the appropriate searches and inquiries on the property. Surveying relates to the structure of a property itself. A surveyor will look at a house, flat and any outbuildings you are buying and will help you find out about the condition of the building and, if there are problems, give you a powerful reason for negotiating the buying price down or asking the vendor to remedy the defects before you move in.