Just been in touch with my conveyancing solicitor in West London who completed the legal work 18 months ago and wanted a conveyancing costs illustration based on an identical type of house move (a leasehold premises and a freehold premises) of similar values with a home loan from Britannia. I am now being charged twice the amount. Stick with what I know or do I seek out a cheaper online firm of conveyancing solicitor?
The charges seem a tad high. If you shop around you might get the conveyancing a bit cheaper by say a hundred pounds. That being said, if you were happy with the conveyancing the firm offered you couldcome to regret opting for an an untested lawyer. Remember to enquire the solicitor can represent Britannia. You can employ our search tool to select a West London conveyancing firm on the Britannia approved list of lawyers, which can often include conveyancing solicitors in West London.
The vendors of the house we are purchasing have appointed a conveyancing solicitor in West London who has recommended a exclusivity contract with a down payment 6,000. Is it wise to enter into such agreements?
There are a couple of main downsides with signing a lock out contract (sometimes referred to as a no-shop agreement) is that it can distract from making progress with the conveyancing transaction itself, so unless it requires little or no negotiation then it may transpire to be a hindrance. It is not promoted by West London conveyancing solicitors for this reason. A supplemental negative is the extent of the remedies available - a jilted purchaser is not likely to be granted an injunctive ruling by a court to bar the seller selling to another buyer, so the only remedy open via the contract will be the reimbursement of abortive charges and, in rare situations, the extra payment of penalties.
Hoping to buy a property located in West London and I am already nervous. I couldn't find anything specific about West London. Conveyancing will be needed in due course but do you know about the West London area? or perhaps some other tips you can share?
Rather than looking online forget looking online you should go and have a look at West London. In the meantime here are some basic statistics that we found
Having had my offer accepted I require leasehold conveyancing in West London. Before I set the wheels in motion I would like to find out the unexpired term of the lease.
Assuming the lease is registered - and almost all are in West London - then the leasehold title will always include the basic details of the lease, namely the date; the term; and the original parties. From a conveyancing perspective such details then enable any prospective buyer and lender to confirm that any lease they are looking at is the one relevant to that title. For any other purpose, such as confirming how long the term was granted for and calculating what is left, then the register should be sufficient on it's own.
Despite our best efforts, we have been unsuccessful in trying to purchase the freehold in West London. Can this matter be resolved via the Leasehold Valuation Tribunal?
if there is a absentee landlord or where there is dispute about what the lease extension should cost, under the relevant legislation it is possible to make an application to the Leasehold Valuation Tribunal to decide the price payable.
An example of a Lease Extension decision for a West London residence is 137 & 139 Haberdasher Street in December 2013. The Tribunal determines in accordance with section 48 and Schedule 13 of the Leasehold Reform, Housing and Urban Development Act 1993 that the premium for the extended lease for each Property should be £12,350.00. This case affected 2 flats. The remaining number of years on the lease was 72.39 years.
What is the reason for new build conveyancing in West London being more expensive?
Conveyancing in West London for recently converted or new build premises can sometimes involve adoption of highways & drains, building regulations approval, planning permission, new build warranties such NHBC as well as additional investigations and contractual considerations.