After what seems like an age a mortgage offer from NatWest for the remortgage of my 2 room apartment is coming imminently. Can you suggest a low cost conveyancing practitioner in Osterley?
You have come to the wrong place to search for cut-price fees for conveyancing solicitors in Osterley. Our aim is to provide value for money conveyancing but our intention is not to advertise as being the cheapest. Do not be seduced by companies offering £100 conveyancing in Osterley. At best, in being led by low cost conveyancing, you will earn what you pay for and at worst you will end up paying a lot in extras and still not end up with the service expected.
I am purchasing a flat and require a conveyancing solicitor in Osterley who is on the Leeds Building Society conveyancing. Could you point me in the right direction as regards a solicitor?
Our service is limited to being a directory service for firms who wish to listed as being on the approved conveyancing panel for Leeds Building Society in certain locations such as Osterley. We dont recommend any particular firm.
Should my conveyancer be raising questions regarding flooding as part of the conveyancing in Osterley.
The risk of flooding is if increasing concern for solicitors dealing with homes in Osterley. There are those who buy a property in Osterley, completely expectant that at some time, it may be flooded. However, leaving to one side the physical damage, if a house is at risk of flooding, it may be difficult to obtain a mortgage, adequate building insurance, or dispose of the property. There are steps that can be taken during the course of a property purchase to forewarn the purchaser.
Solicitors are not qualified to offer advice on flood risk, but there are a numerous checks that can be undertaken by the buyer or on a buyer’s behalf which will give them a better appreciation of the risks in Osterley. The conventional set of property information forms given to a purchaser’s solicitor (where the Conveyancing Protocol is adopted) incorporates a usual question of the vendor to discover whether the property has historically flooded. If flooding has previously occurred which is not notified by the owner, then a purchaser could issue a compensation claim resulting from an misleading response. A buyer’s solicitors will also order an enviro search. This will higlight whether there is any known flood risk. If so, additional inquiries will need to be carried out.
It has been three months following my purchase conveyancing in Osterley concluded. I have checked the Land Registry site which shows that I paid £200,000 when infact I paid £170,000. 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 asset 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.
I've recently bought a leasehold flat in Osterley. Do I have any liability for service charges for periods before my ownership?
In a situation where the service charge has already been demanded from the previous owner and they have not paid you would not usually be personally liable for the arrears. Strange as it may seem, your landlord may still be able to take action to forfeit the lease. A critical element of leasehold conveyancing for your conveyancer to be sure to have an up to date clear service charge receipt before completion of your purchase. If you have a mortgage this is likely to be a requirement of your lender.
If you purchase part way through an accounting year you may be liable for charges not yet demanded even if they relate to a period prior to your purchase. In such circumstances your conveyancer would normally arrange for the seller to set aside some money to cover their part of the period (usually called a service charge retention).
My wife and I have hit a brick wall in trying to purchase the freehold in Osterley. Can this matter be resolved via the Leasehold Valuation Tribunal?
Most definitely. We can put you in touch with a Osterley conveyancing firm who can help.
An example of a Lease Extension matter before the tribunal for a Osterley residence is Ground Floor Flat 91 Bath Road in May 2009. in a case where the freeholder could not be traced, the Brentford County Court ordered that the Lease be surrendered in return for the grant of a new lease of the Premises at a premium determined by the Leasehold Valuation Tribunal. The tribunal concluded that the price payable by the Applicant for the new lease of the premises be £15,900 This case related to 1 flat. The number of years remaining on the existing lease(s) was 60.45 years.