Recently contacted my conveyancing solicitor in West Kensington who completed the legal work 18 months ago and wanted a conveyancing estimate based on an identical type of house sale & purchase (a leasehold property and a freehold property) of similar values with a loan from Halifax. It looks as though am now being quoted twice the amount. Am I right to be tempted to shop around for an alternative property lawyer?
The quote is fractionally on the expensive side. If you you were to look around you might decrease the fees slightly by say £100 plus VAT. On the other hand, if you were content with the service the firm offered you couldlive to rue opting for an an unknown lawyer. Don't forget to check that the solicitor can also act for Halifax. Do utilise our search tool to find a West Kensington conveyancing firm on the Halifax approved list of lawyers, which can often include conveyancing solicitors in West Kensington.
The housing market in West Kensington is hotting up. What can I do to speed up the conveyancing process?
Where the seller is applying a tight deadline to sign contracts we would recommend that your solicitor is familiar with the location as they will benefit local relationships and insight. It is even conceivable that they may have conducted otherproperties in the same road. Therefore consider using a West Kensington conveyancing lawyer. In addition, ensure that the lawyer is on the on the approved list for your mortgage company. It is said that just under twenty per cent of West Kensington conveyancing deals are frustrated or derailed after discovering a purchaser’s conveyancer was not on their mortgage lender’s panel. This can often result in the conveyancing being held up by as much as 21 days. It is claimed that this issue affects in the region of 100,000 home moves every year. Almost all West Kensington conveyancing firms can not represent certain lenders so do check as early as possible.
I have been told that property searches are the number one reason for delay in West Kensington conveyancing transactions. Is this right?
The Council of Property Search Organisations (CoPSO) published conclusions of research by MoveWithUs that conveyancing searches do not figure within the most frequent causes of hindrances during the legal transfer of property. Searches are unlikely to be the root cause of slowing down conveyancing in West Kensington.
Just acquired a detached house in West Kensington , how long will it take for the Land Registry to record my proprietorship? My West Kensington conveyancing solicitor has been very slow, so I want to be sure the land registry aspects are addressed.
There is nothing unique when it comes to conveyancing in West Kensington registration formalities. As opposed to being determined by geographic area, timeframes can adjust depending on who lodges the application, whether there are errors and whether the Land registry need to notify any interested persons or bodies. Currently in the region of three quarters of submission are fully dealt with in less than three weeks but occasionally there can be protracted hold-ups. Registration takes place after the purchaser has moved in to the premises therefore 'speed' is not usually an essential issue but if it is urgent that the the registration takes place urgently then you or your conveyancer can speak with the land registry and explain the circumstances.
We are in the process of selling our flat in West Kensington. Conveyancing is fine but we are being charged an extortionate amount by the freeholder. So far we have paid £295.50 for a leasehold management information and then another £200 plus VAT for responses to queries supplied by the buyers conveyancer.
You will not have control over the level of the charges for this information however the average fee for the information for West Kensington leasehold property is £355. When it comes to West Kensington conveyancing deals it is usual for the vendor to pay for these costs. The freeholder or their agents are under no legal obligation to answer these questions although many will agree to do so - albeit often at high prices where the fees bear little relation to the work involved. Regretfully there is no legislation that requires capped charges for administrative tasks. Neither is there any legal time limit by which they are required to issue the information.