My previous solicitor has sent a quote for just over a thousand pound for leasehold conveyancing in West Hampstead. I am hoping to downsize from a Georgian house for £125,000. This sounds expensive. Is it in excess of what I should be paying for conveyancing in West Hampstead?
The charges are a bit high. If you shop around you might shave off some of the expense by perhaps £100 plus VAT. On the other hand, you mightcome to regret choosing an a cheaper conveyancer. Don't forget to ensure the firm can also act for your bank. Do make use of our search tool to locate a West Hampstead conveyancing practice on the banks approved list of lawyers which can often include conveyancing solicitors in West Hampstead.
My fiance and I are refinancing our penthouse in West Hampstead with TSB. We have a son approaching twenty who lives with us. Our solicitor has asked us to disclose anyone over the age of 17 other than ourselves who lives in the flat. The solicitor has now sent a form for our son to sign, giving up any rights in the event that the apartment is repossessed. I have two questions (1) Is this form unique to the TSB conveyancing panel as he did not need to sign this form when we purchased 5 years ago (2) In signing this form is our son in any way compromising his right to inherit the property?
First, rest assured that your TSB conveyancing panel solicitor is doing the right thing as it is established procedure for any occupier who is aged 17 or over to sign the necessary Consent Form, which is purely to state that any rights he has in the property are postponed and secondary to TSB. This is solely used to protect TSB if the property were re-possessed so that in such circumstances, your son would be legally obliged to leave. It does not impact your son’s right to inherit the apartment. Please note that if your son were to inherit and the mortgage in favour of TSB had not been discharged, he would be liable to take over the loan or pay it off, but other than that, there is nothing stopping him from keeping the property in accordance with your will or the rules of intestacy.
Have just purchased a repossessed house at auction in West Hampstead. Conveyancing is needed. What happens now?
Given that you are now legally committed yourself to purchase you now have to instruct a conveyancing solicitor quickly as you are facing a fast approaching deadline in which to complete the transaction. An auction property will ordinarily have a bespoke legal set of papers. This will include most,if not all of the documents that your conveyancer requires. Where you are dealing with leasehold property the legal pack should contain a copy of the lease, management information and a sellers leasehold information form and associated conveyancing paperwork pertinent to leasehold premises. You should give this to the solicitor working for you at the earliest opportunity. Do make sure that that you have the requisite funding in order to complete the transaction on the set completion date.
Is there a list of Virgin Money panel solicitors in West Hampstead on the Building Society Association’s Website?
Unfortunately not yet. There is no such facility on the Council of Mortgage Lenders or Building Society Association sites. Very few lending institutions make their panel listings open the public on the web. Where you are in need of a West Hampstead solicitor on the Virgin Money please make the most of our tool.
How can we know in advance if a West Hampstead conveyancing solicitor on the RBS panel is any good?
When it comes to conveyancing in West Hampstead obtaining recommendations is a good start. Before you go ahead, check if they offer a no sale no fee offer. Also, you often get what you pay for - a firm which quotes more, will often provide a better service than one which is cheap as chips. We would always recommend that you speak with the lawyer handling your conveyancing.
We expect to complete our sale of a £250,000 apartment in West Hampstead next Friday. The freeholder has quoted £384 for Certificate of Compliance, insurance certificate and previous years statements of service charge. Is it legal for a freeholder to charge such fees for a leasehold conveyance in West Hampstead?
West Hampstead conveyancing on leasehold flats normally results in administration charges raised by freeholders :
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Addressing pre-contract questions
Where consent is required before sale in West Hampstead
Copies of the building insurance and schedule
Deeds of covenant upon sale
Registering of the assignment of the change of lessee after a sale
I have tried to negotiate informally with with my landlord to extend my lease without success. Can the Leasehold Valuation Tribunal decide on such issues? Can you recommend a West Hampstead conveyancing firm to help?
You certainly can. We are happy to put you in touch with a West Hampstead conveyancing firm who can help.
An example of a Lease Extension decision for a West Hampstead flat is Flat A 372 Cricklewood Lane in January 2013. The Tribunal decided that the premium for the extended lease should be £5,750.00 and that the terms of the new lease should be those set out in annex to the decsion This case related to 1 flat.
Your search tool is useful but there are many lawyers listed near West Hampstead being on the mortgage company conveyancing panel. Can you recommend a specific firm on the bank approved panel?
We do not recommend specific West Hampstead firms as the right West Hampstead conveyancing solicitor for you depends on where your priorities lie. For example you may require a local firm with West Hampstead knowledge or you might be looking for the low cost conveyancing. We recommend that you speak to 3 or 4 lawyers listed before you make your choice..