Why do I have to pay up front for conveyancing in Brondesbury?

If you are buying a property in Brondesbury your solicitor will ask you to provide them with funds to cover the search fees. Generally this is called for to cover the fees of the conveyancing searches. When the down payment is as part of the total price then this will be asked for immediately ahead of contracts are exchanged. The closing balance that is due should be transferred a couple of days ahead of the day of completion.

We are expecting a mortgage offer soon. The lender mentioned the mortgage came with free conveyancing. Does this mean I have to instruct their panel solicitor as I would prefer to use a high street conveyancing solicitor in Brondesbury?

You should check but the the likelihood is that appoint one of their panel lawyers should you take up the "fee-free" incentive. Contact the bank to ask if they offer you a monetary alternative. In the past a few mortgage companies offered a £250 cashback as a further option in which case that money can go towards your preferred conveyancing solicitor in Brondesbury.

We are downsizing from our home in Brondesbury and according to the buyers it appears that there is a possibility that the property was built on contaminated land. Any local lawyer would know that there is no such problem. It does beg the question why the buyers instructed a web based conveyancing practice as opposed to a conveyancing solicitor in Brondesbury. Having lived in Brondesbury for 5 years we know of no issue. Should we contact our local Authority to get clarification that the buyers are looking for.

It sounds as though you may have a conveyancing lawyer currently acting for you. What do they say? You need to enquire of your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out health insurance to cover that same sickness)

What does commercial conveyancing in Brondesbury cover?

Brondesbury conveyancing for business premises covers a broad array of guidance, provided by qualified solicitors, relating to business premises. For instance, this area of conveyancing can cover the sale or purchase of freehold business premises or, more usually, the assignment of existing leases or the drafting of new leasing arrangements. Commercial conveyancing solicitors can also offer advice on the sale of business assets, commercial loans and the termination of leases.

Two months into buying a property in Brondesbury. Conveyancing lawyer has phoned to say the title is "Leasehold". Does this make a difference on our lender’s valuation?

Brondesbury conveyancing does not in most situations involve leasehold houses. The crucial factor here is the length of lease and the ground rent. If there are hundred of years years remaining with a nominal rent, it's almost the same as freehold, so it’s unlikely to impact the marketability too much.

At the other extreme, if it's, say, 50 years it is bound to have a adverse effect on the saleability, and probably wouldn't be acceptable to the mortgage company. The length of lease and ground rent will be specified in the lease to be supplied to your conveyancer.