Can you help - my lawyer advises that absentee landlord insurance is needed on my purchase. What is the typical level of cover needed for conveyancing in Notting Hill?
The appropriate level of absentee landlord indemnity insurance should be dictated by who your lender. It would differ for example between HSBC Bank and Virgin Money. Conveyancing solicitors as opposed to members of the public take out such policies.
Is it the case that all Notting Hill conveyancing solicitors on the UBS conveyancing panel are regulated by the Solicitors Regulatory Authority?
As a firm of solicitors, in order to be on the UBS conveyancing panel they would need to be governed by the Solicitors Regulatory Authority. Many lenders do permit licenced conveyancers on their panel and in that case the practice would be overseen by the Council of Licensed Conveyancers.
I have finally had an offer on an apartment in Notting Hill agreed to, but there is a chain. The vendors have offered on a flat, however it’s not yet agreed to, and have viewings of other apartments in the pipeline. I have instructed a nearby conveyancing solicitor in Notting Hill. What do I do now? When should I get the mortgage application with Nottingham started?
It is normal to have apprehensions where there is a chain as you are unlikely to want to be too out of pocket too early (home loan application is approx £1k, then valuation, Notting Hill conveyancing search costs, etc). The first course of action is to ensure that your lawyer is on the Nottingham approved list. Concerning the subsequent steps this very much dictated by the uniqueness of your transaction, desire for this property and on the state of the market. During a buoyant market many buyers would apply for the mortgage with Nottingham and arrange for the valuation and only if it comes back ok would they ask their property lawyer to proceed with searches.
My partner and I are intent on selling our house in Notting Hill and according to the buyers it appears that there is a possibility that the property was built on contaminated land. Any high street Notting Hill lawyer would know that there is no such problem. It does beg the question why the purchasers instructed a nationwide conveyancing firm rather than a conveyancing solicitor in Notting Hill. We have lived in Notting Hill for three years we know of no issue. Do we get in touch with our local Authority to obtain clarification that there is no issue.
It sounds as though you may have a conveyancing solicitor already. What do they say? You need to check with your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out life insurance to cover that same ailment)
I have todaydiscovered that Wolstenholmes have been shut down. They conducted my conveyancing in Notting Hill for a purchase of a leasehold flat 9 months ago. How can I establish that the property is not still registered in the name of the previous owner?
The quickest way to see if the property is in your name, you can make a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Notting Hill conveyancing specialists.
I decided to have a survey done on a house in Notting Hill before instructing conveyancers. I have been informed that there is a flying freehold element to the property. Our surveyor advised that some lenders will not grant a mortgage on such a property.
It depends who your proposed lender is. Santander has different instructions for example to Birmingham Midshires. Should you wish to call us we can check via the relevant mortgage company. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Notting Hill. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Notting Hill to see if the conveyancing will be more expensive.
How difficult is it to swap solicitor as I have to choose one who is on the Godiva Mortgages Ltd conveyancing list. I hired a local conveyancing solicitor in Notting Hill round the corner but he is not accepted by Godiva Mortgages Ltd
It would be our pleasure to assist you select a conveyancing solicitor in Notting Hill on the Godiva Mortgages Ltd panel. Please note that the property lawyers that we work with do not pay us fee if you instruct them and are registered with the SRA who regulate all conveyancing solicitors in Notting Hill. In utilising the find a conveyancing solicitor tool on this site, you can compare costs for conveyancing solicitors in Notting Hill and beyond.