I am buying a semi-detached house in Kingsbury. How practical is it for me to do the conveyancing?
Leaving aside the complexities and merits of DIY conveyancing in Kingsbury you will have to appoint a solicitor on your bank's conveyancing panel to look after their interests. Most people therefore find it easier to let the solicitor act for them and the lender. Furthermore there is minimal cost savings to be made in you doing conveyancing for yourself and another lawyer conducting the conveyancing for the lender. Please feel free to use the search tool to find a lawyer on your lender panel in Kingsbury.
I have been told that property searches are the number one cause of delay in Kingsbury house deals. Is that correct?
The Council of Property Search Organisations (CoPSO) published conclusions of research by MoveWithUs that conveyancing searches do not figure within the top 10 causes of delays during the legal transfer of property. Local searches are unlikely to be the root cause of slowing down conveyancing in Kingsbury.
How does conveyancing in Kingsbury differ for new build properties?
Most buyers of new build or newly converted property in Kingsbury come to us having been asked by the developer to exchange contracts and commit to the purchase even before the premises is finished. This is because house builders in Kingsbury typically purchase the site, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancing solicitors as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are used to new build conveyancing in Kingsbury or who has acted in the same development.
I am looking for a flat up to £305k and found one close by in Kingsbury I like with amenity areas and station nearby, the downside is that it only has 51 years on the lease. I can't really find anything else in Kingsbury for this price, so just wondered if I would be making a mistake acquiring a lease with such few years left?
If you need a mortgage the shortness of the lease may be an issue. Discount the offer by the anticipated lease extension will cost if it has not already been discounted. If the current owner has owned the premises for a minimum of twenty four months you could ask them to start the process of the extension and then assign it to you. An additional ninety years can be extended on to the current lease term and have £0 ground rent by law. You should speak to your conveyancing solicitor about this.
As co-executor for the will of my grandmother I am selling a residence in Newport but live in Kingsbury. My lawyer (based 260 kilometers awayneeds me to sign a statutory declaration prior to the transaction finalising. Can you recommend a conveyancing lawyer in Kingsbury who can attest this legal document for me?
Technically speaking you should not be required to have the documents attested by a conveyancing solicitor. Normally any notary public or solicitor will suffice regardless of whether they are based in Kingsbury