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Find a West Acton Conveyancing Solictior on Your Lender’s Panel

Ready to buy a new home in West Acton? Failing to check that a lawyer is on your lender’s list of approved solicitors can put your West Acton home move at risk of delay or failure.

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Recently asked questions about conveyancing in West Acton

Why do I have to pay up front when it comes to conveyancing in West Acton?

Where you are retaining lawyers for conveyancing in West Acton your solicitor will request that you place them with monies to cover the the cost of the conveyancing searches. This will be the total of the cost of the Local Authority Search. If any deposit is payable against the sale price then this should be needed shortly in advance of exchange of contracts. The closing balance that is due should be sent to your lawyer a couple of days ahead of the completion date.

My wife and I are planning on selling our home in West Acton and the buyers lawyers are claiming that there is a risk of it being built land that was not decontaminated. A local lawyer would know this is not the case. It does beg the question why the buyers used a nationwide conveyancing outfit rather than a conveyancing solicitor in West Acton. Having lived in West Acton for many years we know of no issue. Do we get in touch with our local Authority to obtain clarification need.

It sounds as though you may have a conveyancing lawyer already. Are they able to advise? 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 sickness)

I have recentlybecome aware that Action Conveyancing have been shut down. They conducted my conveyancing in West Acton for a purchase of a freehold house 12 months ago. How can I establish that the property is registered correctly 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 West Acton conveyancing specialists.

I've recently found out that there is a flying freehold issue on a house I have offered on two weeks back in what should have been a quick, chain free conveyancing. West Acton is the location of the property. Can you shed any light on this issue?

Flying freeholds in West Acton are rare but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside West Acton you must be sure that your lawyer goes through the deeds very carefully. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in West Acton may ascertain that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold residence.

We expect to complete the disposal of our £300,000 maisonette in West Acton in 8 days. The management company has quoted £420 for Certificate of Compliance, building insurance schedule and 3 years service charge statements. Is it legal for a freeholder to charge an administration fee for a leasehold conveyance in West Acton?

For the majority of leasehold sales in West Acton conveyancing will involve, questions about the management of a building inevitably needing to be answered directly by the freeholder or its agent, this includes :

    Addressing pre-contract questions Where consent is required before sale in West Acton Copies of the building insurance and schedule Deeds of covenant upon sale Registering of the assignment of the change of lessee after a sale
Your conveyancer will have no control over the level of the charges for this information but the average costs for the information for West Acton leasehold premises is £350. For West Acton conveyancing transactions it is customary for the seller to pay for these costs. The landlord or their agents are under no legal obligation to answer such questions most will be willing to do so - albeit often at exorbitant prices where the fees bear little relation to the work involved. Unfortunately there is no law that requires fixed charges for administrative tasks. Neither is there any legal time frame by which they are obliged to supply answers.

I am the registered owner of a leasehold flat in West Acton, conveyancing was carried out 10 years ago. How much will my lease extension cost? Similar flats in West Acton with over 90 years remaining are worth £265,000. The average or mid-range amount of ground rent is £50 invoiced every year. The lease ends on 21st October 2100

With just 76 years remaining on your lease we estimate the price of your lease extension to span between £8,600 and £9,800 plus plus your own and the landlord's "reasonable" professional fees.

The figure above a general guide to costs for renewing a lease, but we cannot give you a more accurate figure without more comprehensive due diligence. Do not use the figures in tribunal or court proceedings. There are no doubt additional concerns that need to be considered and you obviously want to be as accurate as possible in your negotiations. Neither should you move forward placing reliance on this information without first getting professional advice.

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Find out more about how flying freehold can affect your the value of a property.