The lawyer who helped my former purchase has sent a quote for £1400 for fixed fee conveyancing in West London. I’m hoping to downsize from a modern detached home for £300,000. This seems expensive. Is it in excess of the norm for conveyancing in West London?
The estimate does seem a tad overpriced. Where you are happy to expend time scrutinising fee on a like for like basis you could reduce the fees marginally by say £100 plus VAT. On the other hand, you maylive to rue choosing an an unknown lawyer. Remember to ensure that the solicitor can act for your lender. You can employ our search tool to locate a West London conveyancing company on the banks member panel which can often include conveyancing solicitors in West London.
Why is leasehold purchase conveyancing in West London is more expensive?
The conveyancing fees on a leasehold property in West London is often more expensive when contrasted to a freehold acquisition or disposal. This is due to the additional work required in corresponding with the landlord and management company to collate the evidence about whether the rent and service charges have been paid and whether there are any significant expenditure in the foreseeable future on repairs or maintenance of the building.
We are selling our flat in West London. Does the solicitor need to be on the TSB conveyancing panel in order to deal with paying off my mortgage?
Ordinarily, even if your lawyer is not on the TSB conveyancing panel they can still act for you on your sale. It might be that the lender will not release the original deeds (if applicable and increasingly irrelevant) until after the mortgage is paid off. You should speak to your lawyer directly before you start the process though to ensure that there is no problem as lenders are changing their requirements fairly frequently currently.
I appreciate that there are debates on Chancel Insurance on online forums. Do I need this when buying a residence in West London? or Apparently there is an ancient law that could mean that owners of property living in a parish church boundary may be liable to contribute towards maintenance towards the chancel in proximity to the church. Is this applicable for conveyancing in West London?
Unless a previous acquisition of the house completed after 12 October 2013 you may take it that conveyancing practitioners delivering conveyancing in West London to remain encouraging a chancel search and or chancel repair liability policy.
The deeds to my property are lost. The lawyers who handled the conveyancing in West London 10 years ago are no longer around. What are my next steps?
Assuming the title is registered the information relating to your ownership will be recorded by HMLR under a Title Number. It is possible to perform a search at the Land Registry, identify your property and order current copies of the Registered Entries for less than a fiver. If the title is Leasehold then the Land Registry will also normally hold a file copy of the Registered Lease and again, a copy can be retrieved for a small fee.