When should you speak to a solicitor?
In the majority of situations, the earlier, the better. Promptly instructing a conveyancing firm for your Kensal Rise transaction for a purchase allows you can shave days off the process by having the details of your instructed solicitor ready when you make an offer, or, if you are selling a property, relevant information can be sourced sooner (this is particularly true for leasehold properties).
What’s the difference between exchange of contracts and completion?
When you exchange contracts, this means that you are agreeing to all the terms drawn up within the contract made between you on one side of the transaction, and the opposite party on the other side. It is from this point that you are legally obliged to go through with the transaction (unless you want to be subject to financial and/or legal penalties).
The completion of contracts is the point where you officially take over ownership of the property, receive the keys and can move in. All monies are transferred between the various parties and the conveyancing solicitor contacts the Land Registry to register the change of ownership to you.
Confused by the jargon in conveyancing? Let Homeward Legal's straightforward and clear service help guide you to as early a completion as possible. Try our online quote generator or call us on 0800 038 6699.
Can I confirm that a house is in one of Kensal Rise's conservation areas?
With over 8,000 areas of conservation in England, the neighbourhoods in or near Kensal Rise include several areas of historic or architectural significance designated as protected. Living in a conservation area can mean an increase in local property values, but the restrictions can make repairs more costly or time-consuming. A conveyancing solicitor will address the consequences of purchasing property in a conservation area.
Which local authority looks after Kensal Rise?
Kensal Rise is located in London Borough of Brent Council, One Stop Service, Town Hall, Forty Lane, Wembley, HA9 9HD, Call: 31 8937 1200
Bank of Scotland is going to be our lender, is there anything I need to check?
Prior to recent changes, solicitors could carry out mortgage-related work for most lenders. Some lenders have decreased the number of firms on their approved panel, resulting in greater conveyancing costs for house purchasers if the lender insists upon their own solicitor . Homeward Legal, however, can act for all large mortgage lenders.
How many lenders in Kensal Rise do you work with?
We work with the bulk of lenders. A number of mortgage specialists operate in Kensal Rise, such as Maida Vale, 44 Formosa St, London, W9 2JP, and Mortgage Gateway, 84 Kensington High St, London, W8 4SG.
What is the council tax on a Fifties semi-detached dwelling in Kensal Rise?
Conventionally a conveyancer's title report will provide the relevant Brent council tax band.
Correct charges for properties in Kensal Rise are published at the Brent council website. As of 06 August 2012 band rates are:
- Band A - £910.00
- Band B - £1,062.00
- Band C - £1,214.00
- Band D - £1,366.00
- Band E - £1,669.00
- Band F - £1,973.00
- Band G - £2,276.00
- Band H - £2,731.00
Can you advise how I get out of paying HMRC stamp duty?
Stamp Duty Land Tax usually must be paid on home purchases valued at over £125,000. Stamp duty mitigation should be treated with extreme caution in Kensal Rise, as such schemes are often uneconomical and HMRC may challenge a scheme up to six years later.