I am buying a house mortgage free in Knightsbridge. I have lived for the last 15 years in Knightsbridge. Conveyancing searches are a lot of money. Given that I know the road and vicinity very well must I have all the conveyancing searches?
In the absence of a mortgage, then all but one or two of the Knightsbridge conveyancing searches are at your discretion. Your solicitor will ’encourage you, perhaps strongly, that you should have searches completed, but she has a professional duty to take that path of advice. One thing to take into account; if you are going to sell the house at a future date, it may be of relevance to your future purchaser what the searches contain. On occasion premises with no practical issues can still reveal unpredicted search results. A good conveyancing solicitor in Knightsbridge will provide you some practical guidance here.
Can I use your services to find a Conveyancing solicitor in Knightsbridge even where I’m not purchasing or selling a house, for example if I want to buy an office in Knightsbridge with a loan from Halifax?
Our comparison service is primarily there to select domestic conveyancing solicitors in Knightsbridge but we have recorded at the bottom of this page a selection of Knightsbridge commercial conveyancing firms. You will need to enquire with the company directly to see if they are also authorised to represent Halifax
I just acquired a flat at auction in Knightsbridge. Conveyancing is necessary. What are my next steps?
Given that you are now to in every practical sense signed on the dotted line you must choose a conveyancing solicitor quickly as you are faced with a tight a drop dead date to complete the conveyancing. An auction property will ordinarily have a bespoke auction pack. This will include evidence of title and search results. If you have purchased leasehold premises the auction papers should provide a copy of the lease, management information and a sellers leasehold information form and associated conveyancing paperwork specific to a leasehold property. You need to pass this on to the conveyancer instructed by you as soon as possible. You also need to ensure that your finances are in order to complete the transaction on the set completion date.
Can you help - my lawyer says that breach of easement insurance is required on my purchase. What is the level of cover for Knightsbridge conveyancing?
The right level of breach of easement indemnity insurance depends on your lender. It would differ for example between Lloyds TSB Bank and Coventry Building Society. Conveyancing lawyers as opposed to borrowers take out such insurances.
I am the only recipient of my late mum's estate and I have everything in my name alone, including the house in Knightsbridge. The Knightsbridge property was put into my name in October. I plan to dispose of the house. I do know about the CML six month 'rule', meaning my proprietorship could be regarded the same way as though I had purchased the property in October. Do I have to wait 6 months to sell?
The CML handbook mandates conveyancers to: "report to us immediately if the owner or registered proprietor has been registered for less than six months." Technically you could be impacted by that. How practical a view banks take of it, depend on the mortgage company as this clause chiefly exists to pick up on the purchase and immediately sell or the quick reselling of property.
I appreciate that there are debates on Chancel Insurance on online forums. Do I require this when buying a house in Knightsbridge? or Apparently there is a law dating back centuries that means some house owners residing in a parish church boundary may be liable to pay for maintenance towards the chancel within the church. Is this appropriate for conveyancing in Knightsbridge?
Unless a prior purchase of the house completed post 12 October 2013 you could assume that lawyers carrying out conveyancing in Knightsbridge to remain encouraging a chancel search and or chancel repair liability insurance.
I've recently found out that there is a flying freehold issue on a house I put an offer in two weeks back in what should have been a quick, no chain conveyancing. Knightsbridge is the location of the property. Can you shed any light on this issue?
Flying freeholds in Knightsbridge are not the norm but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Knightsbridge you must be sure that your lawyer goes through the deeds diligently. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Knightsbridge may ascertain that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold premises.