We hired a high street firm for our conveyancing in Ravenscourt Park yesterday. Upon checking the Terms and Conditions it is apparent thatwe are on the hook for charges even if our purchase aborts. Should I ditch them and instruct an on-line conveyancing brokerage who offer no move no charge conveyancing in Ravenscourt Park?
Generally there is a compromise along the lines that if "No Sale No Fee" is offered then the conveyancing charges will generally be more expensive to neutralise the cases that abort. Dont forget that these schemes rarely cover expenditure such your Ravenscourt Park conveyancing search fees.
My husband and I are getting closer to an exchange on a flat in Ravenscourt Park and my mum and dad have sent the 10% deposit to my solicitor. I am now informed that as the deposit has not come from me my conveyancing practitioner needs to disclose this to my bank. Apparently, in also acting for the bank he must inform them that the balance of the purchase price is coming from anyone other than me. I advised the bank about my parents' contribution when I applied for the mortgage, so is it really necessary for this now to delay the deal?
The conveyancer is obliged to clarify with the bank to ensure that they are aware that the balance of the purchase price is not from your own funds. The solicitor can only report this to your mortgage company if you agree, failing which, your lawyer must cease to continue acting.
It is a dozen years since I purchased my property in Ravenscourt Park. Conveyancing lawyers have recently been appointed on the sale but I can't find my deeds. Is this a problem?
Don’t worry too much. Firstly there is a chance that the deeds will be retained by the lender or they could be in the possession of the conveyancers who acted in the purchase. Secondly the likelihood is that the property will be registered at the land registry and you will be able to establish that you own the property by your conveyancing solicitors obtaining up to date copy of the land registers. Most conveyancing in Ravenscourt Park relates to registered property but in the unlikely event that your home is unregistered it is more of a problem but is not insurmountable.
How can the Landlord & Tenant Act 1954 impact my business premises in Ravenscourt Park and how can you help?
The 1954 Act provides a safeguard to commercial leaseholders, giving them the a statutory right to make a request to court for a new lease and remain in occupation when the lease reaches an end. There are limited grounds where a landlord can refrain from granting a lease renewal and the rules are complicated. Fees are different for commercial conveyancing. Ravenscourt Park is one of our numerous areas of the UK in which the firms we work with are located
Is there an average conveyancing fee for conveyancing in Ravenscourt Park?
The average cost in 2014 for conveyancing in Ravenscourt Park was just under one thousand five hundred pounds excluding Stamp Duty and HM Land Registry charges.