My wife and I have recently appointed a conveyancing solicitor in Barkingside. I I would like to check if they are accepted on the Barclays Direct conveyancing panel. Can you advise?
The first thing you should do is contact your conveyancer and enquire if they are on the lender panel. Alternatively you can call Barclays Direct who may be able to assist.
Are there restrictive covenants that are commonly identified during conveyancing in Barkingside?
Covenants that are restrictive in nature can be picked up when reviewing land registry title as part of the legal transfer of property in Barkingside. 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 am buying a new build apartment in Barkingside. Conveyancing is a frightening process at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build legal work.
Here are examples of a selection of leasehold new build enquiries that you should expect your new-build leasehold conveyancing in Barkingside
Please supply evidence that the form of Lease proposed has been approved by the Land Registry. Where there is an Undertaking being granted there is the risk of forfeiture of the Headlease subject to relief if one or more of the Underlessees are willing to accept the original Head Lessee’s obligations as otherwise relief will be denied to the Underlessees. The only alternatives are the Head Lessor agreeing not to forfeit the Headlease or the Head Lessee guaranteeing to the Underlessees that it will not be in breach of the Headlease. Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents. The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme. Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose?
Is it possible to swap firm as I need to appoint one who is on the Barclays Direct conveyancing list. I instructed a local conveyancing solicitor in Barkingside round the corner but he is not accepted by Barclays Direct
We will our best to assist in finding you a conveyancing solicitor in Barkingside on the Barclays Direct panel. Please note that the law firms that we list do not pay us fee if you instruct them and are under regulation of the Solicitors Regulation Authority who oversee all conveyancing solicitors in Barkingside. In making use of the find a conveyancing solicitor tool on this website, you can compare and instruct different solicitors and conveyancers both nationally and in Barkingside.
I am employed by a reputable estate agency in Barkingside where we see a few flat sales derailed as a result of leases having less than 80 years remaining. I have been given inconsistent advice from local Barkingside conveyancing firms. Can you confirm whether the owner of a flat can commence the lease extension formalities for the buyer?
Provided that the seller has owned the lease 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 can avoid having to sit tight for 2 years to extend their lease. Both sets of lawyers will agree to form of assignment. The assignment needs to be completed prior to, or simultaneously with completion of the sale.
An alternative approach is to extend the lease informally by agreement with the landlord 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.
My wife and I have hit a brick wall in trying to purchase the freehold in Barkingside. Can this matter be resolved via the Leasehold Valuation Tribunal?
Absolutely. We can put you in touch with a Barkingside conveyancing firm who can help.
An example of a Lease Extension case for a Barkingside premises is 104 Coventry Road in July 2014. The Tribunal determined that the lease extension permium should be £22,896.15 This case was in relation to 1 flat. The unexpired term was 60.29 years.