Will conveyancers request an advanced payment for conveyancing in Kingsbury?

Where you are retaining lawyers for conveyancing in Kingsbury your solicitor will request that you put them with monies to cover the search fees. This will be the total of the cost of the Local Authority Search. When the down payment is as part of the purchase price then this will be needed shortly ahead of exchange of contracts. The closing balance that is due should be sent to your lawyer shortly before completion.

I am being told by my solicitor that restrictive coveneant insurance is needed on my purchase. What is the typical level of cover needed for conveyancing in Kingsbury?

The right level of restrictive coveneant indemnity insurance depends on who your lender is. It would differ for example between Nationwide Building Society and Bank of Scotland. Conveyancing solicitors as opposed to borrowers take out such policies.

I am currently in the process of buying my council flat in Kingsbury. I have a mortgage offer with Nationwide. Conveyancing is not something I have any knowledge of. Can I proceed without a solicitor easily? I think we can but we keep being told I should use one. Any advice?

It is not advisable to proceed with a house purchase without a solicitor. The council's solicitor are not acting for you. You need a solicitor for a number reasons. One of which is to verify what plans the Council have for repairs and refurbishment for the next five years. Many leaseholders have been stung for contributions of thousands of pounds. In any event, if you are getting a mortgage with Nationwide, you will need to appoint a solicitor on the Nationwide conveyancing panel.

My offer was accepted on a property in Kingsbury on 5/9/2024, valuation was booked five days later, received a clean bill of health. Conveyancer appointed, so all that was missing was my mortgage offer. Having made daily calls to Nationwide and chasing them on my offer, I have now been told that my offer will not be issued unless the lawyer is on the Nationwide conveyancing panel. Are Nationwide entitled to hold back the Mortgage pending the lawyer being on the approved list?

A lender would not issue an offer until they have details of a lawyer on their panel. It can take a few weeks for Nationwide to deal with your lawyer's application to be on the Nationwide conveyancing panel. There's no guarantee that your solicitor will be accepted.

I used Stirling Law several years ago for my conveyancing in Kingsbury. I now require my file however cannot find the solicitor. What do I do?

You should contact the Solicitors Regulatory Authority (SRA) to help locate your conveyancing files. They can be contacted on please contact on 0870 606 2555. Alternatively, you should use their online form to make an enquiry. You will need to provide the SRA with as much information as possible to assist their search, including the name and address in Kingsbury of the conveyancing firm of solicitors you previously retained, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.

I am hoping to put an offer on a small detached house that appears to tick a lot of boxes, at a great figure which is making it more attractive. I have subsequently been informed that the title is leasehold rather than freehold. I would have thought that there are issues purchasing a leasehold house in Kingsbury. Conveyancing lawyers have are about to be appointed. Will my lawyers set out the implications of buying a leasehold house in Kingsbury ?

Most houses in Kingsbury are freehold rather than leasehold. In this scenario it’s worth having a local solicitor used to dealing with such properties who can assist with the conveyancing process. We note that you are purchasing in Kingsbury in which case you should be shopping around for a Kingsbury conveyancing solicitor and be sure that they are used to transacting on leasehold houses. As a matter of priority you will need to check the unexpired lease term. Being a leaseholder you will not be entirely free to do whatever you want with the house. The lease comes with conditions such as requiring the landlord’sconsent to carry out alterations. It may be necessary to pay a contribution towards the maintenance of the communal areas where the house is part of an estate. Your lawyer should advise you fully on all the issues.

I am the registered owner of a second floor flat in Kingsbury. Given that I can not reach agreement with the freeholder, can the Leasehold valuation Tribunal make a decision on the premium payable for a lease extension?

Absolutely. We are happy to put you in touch with a Kingsbury conveyancing firm who can help.

An example of a Lease Extension case for a Kingsbury premises is 27B Hillside in February 2010. the resulting premium, all other aspects of the valuation having been agreed between the parties was set at £8,250 This case related to 1 flat. The unexpired term as at the valuation date was 70.25 years.

We had our mortgage approved on Tuesday with our lender. We have retained a local conveyancer in Kingsbury two days ago. This morning, our financial adviser contacted us saying that the bank said that we cannot use our solicitor as they aren't on their panel. As FTB's, we had no idea that the mortgage company had some control over our choice Is this permitted?

You are permitted to appoint any lawyer you wish to select including the said conveyancer in Kingsbury nevertheless if they are not on the your lender's panel you must pay an extra fee so the bank can retain their own solicitors as well to protect their interest. It may be conceivable that your preferred conveyancing firm to get included on to the bank list of approved firms. You can use web-based tools including lenderpanel.com to find a conveyancing solcitor in Kingsbury on the lender panel. You can go into your high street lender branch in Kingsbury. They can recommend conveyancing solicitors in Kingsbury on the approved list.