Is it necessary during the course of the conveyancing process to pop into the offices of the solicitor to sign the mortgage deed? If so, I will instruct a firm who offer conveyancing in Chelsea so that I can attend their offices if necessary.
Whereas this was necessary 15 years ago, most mortgage companies no longer need their conveyancing panel solicitor to witness the mortgagors signature. You will still be obliged to hand over ID documents and there are still distinct advantages to instructing a local ayer, in your situation a conveyancing solicitor in Chelsea.
I require expedited conveyancing in Chelsea as I have an ultimatum to exchange contracts inside one month. Luckily I do not need a mortgage. Can I decline from having conveyancing searches to save fees and time?
As you are not obtaining a home loan you are at free not to have searches carried out although no law firm would advise that you don't. Drawing on years of experience of conveyancing in Chelsea the following are instances of issues that can crop up and adversely impact future mortgageability: Refused Planning Applications, Outstanding Fees, Outstanding Grants, Road Schemes,...
It has been four months following my purchase conveyancing in Chelsea took place. 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 premises 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.
Due to the encouragement of my in-laws I had a survey completed on a property in Chelsea before appointing lawyers. I have been advised that there is a flying freehold element to the house. Our surveyor advised that some lenders will refuse to grant a mortgage on such a premises.
It varies from the lender to lender. Santander has different requirements from Birmingham Midshires. Should you wish to call us we can investigate further with the relevant bank. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Chelsea. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Chelsea to see if the conveyancing costs will increase in light of this.
In what way does the Landlord & Tenant Act 1954 impact my commercial offices in Chelsea and how can you help?
The particular law that you refer to affords a safeguard to commercial leaseholders, granting the right to make a request to court for a continuation of occupancy at the end of an expired lease. There are certain specified grounds where a landlord can refrain from granting a lease renewal and the rules are complicated. We are happy to direct you to commercial conveyancing practices who use the act to your advantage and assist with commercial conveyancing in Chelsea