Completed the sale of my flat in Tower Hill last April but my buyer keeps telephoning every few hours complaining that their solicitor needs to hear from mysolicitor. What are the post completion sale legalities following completion?

Following your sale your conveyancer is committed to send the transfer deeds and all supplemental paperwork to the buyer’s conveyancer. Where appropriate, your conveyancer should also evidence that the home loan has been discharged to the purchasers lawyers. There are no post completion formalities unique to conveyancing in Tower Hill.

How do I find out if the solicitor carrying out my conveyancing in Tower Hill is on the bank’sconveyancing panel? I am looking to avoid the situation of having one lawyer for me and one for Halifax thus spending £175.00 in further conveyancing fees.

You should make use of the find a conveyancing panel solicitor tool on this web page. Pick the lender and type ‘Tower Hill’ or your preferred area and you will be presented with numerous conveyancers offices in Tower Hill or near you.

I require expedited conveyancing in Tower Hill as I am under an ultimatum to exchange contracts in less than one month. Luckily I do not need a mortgage. Is it possible to avoid the conveyancing searches to save fees and time?

As you are are a mortgage free buyer you are at free not to do searches although no lawyer would recommend that you don't. With plenty of history conveyancing in Tower Hill the following are examples of what can arise and therefore affect market value: Refused Planning Applications, Overdue Charges, Outstanding Grants, Railway Schemes,...

Are there restrictive covenants that are commonly picked up as part of conveyancing in Tower Hill?

Restrictive covenants can be picked up when reviewing land registry title as part of the process of conveyancing in Tower Hill. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’

I work for a reputable estate agency in Tower Hill where we have witnessed a number of flat sales jeopardised due to leases having less than 80 years remaining. I have received inconsistent advice from local Tower Hill conveyancing firms. Could you confirm whether the vendor of a flat can start the lease extension formalities for the buyer?

Provided that the seller has been the owner for at least 2 years it is possible, to serve a Section 42 notice to start the lease extension process and assign the benefit of the notice to the purchaser. The benefit of this is that the buyer need not have to wait 2 years to extend their lease. Both sets of lawyers will agree to form of assignment. The assignment has to be done before, or at the same time as completion of the sale.

An alternative approach is to agree the lease extension with the freeholder either before or after the sale. If you are informally negotiating there are no rules and so you cannot insist on the landlord agreeing to grant an extension or transferring the benefit of an agreement to the purchaser.

We have reached the end of our tether in trying to purchase the freehold in Tower Hill. Can this matter be resolved via the Leasehold Valuation Tribunal?

Most certainly. We are happy to put you in touch with a Tower Hill conveyancing firm who can help.

An example of a Freehold Enfranchisement case for a Tower Hill premises is 1-41 Royal Tower Lodge 40 Cartwright Street in April 2013. the tribunal adding the agreed value of capitalised ground rents and the reversion the price to be paid for the freehold was £1,187,000 This case affected 41 flats. The remaining number of years on the lease was 107 years.