I have given 2 months notice to my existing landlord and must be out of my let out flat in Clapton by 1/12/2025. Conveyancing on my purchase has just started. How realistic is it to complete in 4 weeks as don't want to have to move into temporary accommodation?
The normal practice is not to give notice on a rental until exchange of contracts has taken place. If you have not already done so, speak to your conveyancer and ask them to they seek the assistance the other side, try to get a realistic time scale from them that all parties will work to achieve
About to purchase a new build flat in Clapton. Conveyancing is necessary evil at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build legal work.
Here is a sample of a few leasehold new build enquiries that you should expect your new-build leasehold conveyancing in Clapton
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If there are lifts in the building, please confirm that the owners of flats on the ground and basement floors will not be required to contribute towards the cost of maintenance and renewal. Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier? Please provide evidence that the form of Lease proposed has been approved by the Land Registry. The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme. Please confirm the Lease plans are surveyor prepared.
I was advised by a few estate agents in Clapton to get a quote from a property lawyer on your site. Is there a financial upside for Estate Agents to offer your lawyers over alternative conveyancing organisations?
We refuse to give any referral fee for pointing buyers and sellers our way. We found it would be just too difficult to pay a commission because a client could think, ‘How come the agent getting a kickback? Why aren’t I getting any benefit too?’ So we decided to step away from that.
Am I better off to go with a Clapton conveyancing practitioner who is local to the property I am purchasing? We have a good friend who can execute the conveyancing however her office is 200miles away.
The benefit of a high street Clapton conveyancing practice is that you can pop in to sign documents, hand in your identification documents and pester them if necessary. Having local Clapton know how is a benefit. That being said it's more important to get someone that will pull out all the stops for you. If if people you trust instructed your friend and the majority were happy that must trump using an unknown Clapton conveyancing lawyer just because they are local.
I have just started marketing my garden flat in Clapton. Conveyancing lawyers have not yet been instructed, however I have recently received a quarterly maintenance charge demand – what should I do?
The sensible thing to do is pay the invoice as normal given that all rents and maintenance invoices should be allotted as part of the financial calculations for completion monies, so you will be reimbursed by the buyer for the period running from after the completion date to the next payment date. Most management companies will not acknowledge the buyer unless the service charges have been paid and are up to date, so it is important for both buyer and seller for the seller to show that they are up to date. Having a clear account will assist your cause and will leave you no worse off financially.
I have given up seeking a lease extension in Clapton. Can the Leasehold Valuation Tribunal adjudicate on premiums?
You certainly can. We are happy to put you in touch with a Clapton conveyancing firm who can help.
An example of a Freehold Enfranchisement matter before the tribunal for a Clapton premises is 104 Nightingale Road in May 2009. The Tribunal's Decision is that the premium torbe paid for the enfranchisement in this case is £112,174 This case related to 10 flats. The unexpired term was 71.25 years.