My partner and I are acquiring a newly constructed flat in West Kensington and my conveyancer is telling me that she has to the lender to disclose incentives from the developer. I am on a tight deadline to exchange and I have no desire to delay deal. is my lawyer playing by the book?

You should not exchange unless you have been advised to do so by your conveyancer. A precondition to being on a mortgage company panel is to comply with the UK Finance Lenders’ Handbook requirements. The CML Conveyancing Handbook requires that your lawyer have the appropriate Disclosure of Incentive form completed by the developer and accepted by your lender.

I need some fast conveyancing in West Kensington as I am under a deadline to exchange contracts in less than 4 weeks. A mortgage is not required. Is it possible to escape the need for conveyancing searches to save fees and time?

As you are are a mortgage free buyer you have the choice not to do searches although no solicitor would suggest that you don't. Drawing on years of experience of conveyancing in West Kensington the following are examples of what can be revealed and therefore impact future mortgageability: Refused Planning Applications, Overdue Charges, Overdue Grants, Railway Schemes,...

It has been five months since my purchase conveyancing in West Kensington took place. I have checked the Land Registry site which shows that I paid £175,000 when infact I paid £160,000. 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 premises 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.

Is there anything unique about your site and other web based conveyancing solicitors when it comes to conveyancing in West Kensington?

At this site obtain a fixed fee quote via a Solicitor or Licensed Conveyancer that appreciates the issues for your conveyancing in West Kensington. Unlike many estate agents and brokerage sites we do not have kick-back deals with solicitors. Many agents and online brokers 'recommend' solicitors that pays the most kickback, as opposed to the best value conveyancing in West Kensington

I have attempted and failed to negotiate with my landlord for a lease extension without any joy. Can the Leasehold Valuation Tribunal adjudicate on such issues? Can you recommend a West Kensington conveyancing firm to assist?

Most certainly. We can put you in touch with a West Kensington conveyancing firm who can help.

An example of a Lease Extension case for a West Kensington premises is 93 Oakwood Court in June 2010. the LVT determined that the premium to be paid for the new lease was £492,083, This case was in relation to 1 flat. The unexpired residue of the current lease was 37.79 years.

What makes a West Kensington lease unmortgageable?

There is nothing unique about leasehold conveyancing in West Kensington. Most leases are drafted differently and legal mistakes in the legal wording can sometimes mean that certain provisions are missing. The following missing provisions could result in a defective lease:

A duty to insure the building Repairing obligations to or maintain parts of the premises

A defective lease will likely cause issues when trying to sell a property primarily because it impacts on the ability to obtain a mortgage on the property. National Westminster Bank, Barnsley Building Society, and Platform Home Loans Ltd all have very detailed requirements when it comes to what is expected in a lease. If a mortgage lender believes that the lease does not cover certain provisions they may refuse to grant the mortgage, obliging the buyer to withdraw.