Do conveyancers ask for money on account for conveyancing in Kilburn Park?
Where you are retaining lawyers for conveyancing in Kilburn Park your solicitor will request that you put them with funds to cover the search fees. This will be the total of the cost of the conveyancing searches. When the down payment is payable against the total price then this should be required shortly in advance of exchange of contracts. The closing balance that is due should be sent to your lawyer shortly before completion.
Completion of my remortgage has taken place for my property in Kilburn Park. Conveyancing was a necessary evil but I would like to complain about the lender. Who do I contact should I wish to lodge a complaint?
Almost all banks and building societies have complaints procedures. Your first port of call should be one of the lender’s branches or the Customer Care Team at head office. In most cases complaints to a lender are resolved very quickly. If you feel the matter is not resolved you can write to Financial Ombudsman Service, South Quay Plaza, 183 Marsh Wall, London E14 9SR with full details of your complaint.
I've read lots of mortgage guides, I note that it is considered advisable to get your house surveyed prior to buying it. When I asked my local Kilburn Park solicitor - who is on the Principality conveyancing panel - on this she said they don't do this and I need to contract an independent surveyor. Is that normal?
Principality will need an independent valuation of the property. Your lawyer will not arrange this. Usually Principality will appoint their own surveyor to do this, and you will have to pay for it. Remember that this is a valuation for mortgage purposes and not a survey. Your lawyer will not organise the survey but they may be able to put you in touch with a local one that they recommend. RICS offers a find a surveyor service (just google it) where you can search for a qualified surveyor by your Kilburn Park postcode. As you are getting a mortgage with Principality, you could contact them to see if they have a list of approved surveyors in Kilburn Park.
My offer on a property in Kilburn Park has been agreed to, the sellers do however have an associated purchase. The vendors have put an offer on a flat, but it’s not yet agreed to, and have viewings of other apartments in the pipeline. I have instructed a high street conveyancing solicitor in Kilburn Park. What do I do now? When do I get the mortgage application with TSB started?
It is normal to have apprehensions where there is a chain as you are unlikely to want to incur costs prematurely (mortgage application is approx £1k, then survey, Kilburn Park conveyancing search fees, etc). First, you must check that your property lawyer is on the TSB approved list. Regarding the subsequent steps this very much depends on the circumstances of your transaction, attraction to the property and on the state of the market. During a buoyant market some home buyers would apply for the mortgage with TSB and pay for the valuation and only if it was satisfactory would they ask their conveyancer to move forward with searches.
I have a renovated Georgian property in Kilburn Park. Conveyancing solicitor acted for me and Alliance & Leicester . I did a free Land Registry search last week and I saw two entries: the first freehold, another for leasehold with the matching property. If a house is not a freehold shouldn't I have been informed?
You should review the Freehold register you have again and check the Charges Register as there may be mention of a lease. The best way to be sure that you are also the registered proprietor of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Kilburn Park and other locations in the country and poses no real issues for owners other than when they sell they have to account for both freehold and leasehold interests when dealing with mortgage companies. You can also check the position with your conveyancing lawyer who conducted the purchase.
I am looking for a flat up to £305k and identified one round the corner in Kilburn Park I like with amenity areas and transport links in the vicinity, the downside is that it's only got 61 years unexpired on the lease. There is not much else in Kilburn Park suitable, so just wondered if I would be making a mistake buying a lease with such few years left?
Should you need a home loan the shortness of the lease will be a potential deal breaker. Reduce the price by the expected lease extension will cost if not already taken into account. If the existing owner has owned the property for at least 2 years you can request that they commence the lease extension formalities and pass it to you. You can add 90 years to the current lease and have £0 ground rent by law. You should consult your conveyancing solicitor about this.
I have been sourcing a conveyancing solicitor in Kilburn Park for my house move. Is there any facility to see a solicitor's record with the legal regulator?
One can find published Solicitor Regulator Association (SRA) decisions stemming from investigations started on or after Jan 2008. Go to Check a solicitor's record. For information about the period before 1 January 2008, or to check a firm's history, call 0870 606 2555, 08.00 - 18.00 Monday, Wednesday, Thursday, Friday and 09.30 - 18.00 Tuesday. International callers, dial +44 (0)121 329 6800. The regulator sometimes monitor telephone calls for training purposes.