At what point can the exchange of contracts occur in purchase conveyancing in South West London and am I required to attend the conveyancers branch?

Where you are round the corner to our conveyancing solicitors in South West London you are welcome to attend to sign contracts. That being said, the firms we work with provide countrywide coverage for conveyancing and give just as comprehensive and professional a job for you when dealing with you by post or email. The executing of the contract is not when everything is set in stone. A signed contract is just a prerequisite for the firm to officially exchange when the time is right, which is ordinarily shortly after signing. The exchange process is is usually a five minute process, although where a long "chain" is in play, since the process requires the relevant party's solicitor (not necessarily a conveyancing solicitor in South West London)to be in the office at the appropriate time.

I know that there are debates on Chancel Insurance on online forums. Do I require chancel insurance when purchasing a house in South West London? or I am told that there is a law dating back centuries that means some house owners living in a parish church boundary may be liable to contribute towards maintenance to the chancel within the church. Is this relevant for conveyancing in South West London?

Unless a previous acquisition of the premises completed post 12 October 2013 you may expect lawyers carrying out conveyancing in South West London to remain encouraging a chancel search and or chancel repair liability insurance.

five months have gone by following my purchase conveyancing in South West London completed. I have checked the Land Registry site which shows that I paid £200,000 when infact I paid £180,000. 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 residence 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.

Can you offer any advice when it comes to appointing a South West London conveyancing practice to carry out our lease extension conveyancing?

If you are instructing a property lawyer for lease extension works (regardless if they are a South West London conveyancing practice) it is imperative that they be familiar with the legislation and specialises in this area of conveyancing. We advise that you make enquires with several firms including non South West London conveyancing practices prior to instructing a firm. Where the conveyancing practice is ALEP accredited then that’s a bonus. The following questions might be of use:

What are the costs for lease extension work? Can they put you in touch with clients in South West London who can give a testimonial?

I have tried to negotiate informally with with my landlord for a lease extension without getting anywhere. Can a leaseholder apply to the Leasehold Valuation Tribunal? Can you recommend a South West London conveyancing firm to assist?

Where there is a absentee freeholder or if there is disagreement about what the lease extension should cost, under the relevant statutes you can apply to the LVT to decide the sum to be paid.

An example of a Freehold Enfranchisement case for a South West London residence is 78 & 80 Newport Road in January 2013. the Tribunal concluded that the premium to be paid by the leaseholder in respect of the freehold reversion is £23,105 This case affected 2 flats. The unexpired term as at the valuation date was 71.63 years.

Two months into a sale of a flat in South West London. Conveyancing solicitors are doing their job but we are being charged a fortune by the freeholder. So far we have paid £250 for a leasehold management information and then another £117.20 for additional queries raised by the purchaser's property lawyer.

Neither you or your conveyancing practitioner will have any say over the extent of the charges for this information but the average fee for the information for South West London leasehold premises is £380. For South West London conveyancing sales it is standard for the seller to pay for these costs. The landlord or their agents are not duty bound to address these questions most will agree to do so - albeit often at exorbitant prices out of proportion to the work involved. Unfortunately there is no legislation that mandates set charges for administrative tasks. Nor is there any legal time frame by which they are required to issue answers.