Would the conveyancing lawyers to be found on your site handle auction conveyancing in Crouch End?

We know of a number of auction solicitors we can connect you with those conducting auction conveyancing. Crouch End is one of hundreds of areas of in which our lawyers have offices.

I am the registered owner of a freehold residence in Crouch End but nevertheless invoiced for rent, why is this and what is this?

It is rare for properties in Crouch End and has limited impact for conveyancing in Crouch End but some freehold properties in England (particularly common in North West England) pay an annual sum known as a Chief Rent or a Rentcharge to a third party who has no other legal interest in the land.

Rentcharge payments are usually between £2.00 and £5.00 per year. Rentcharges date back hundreds of years, but the Rent Charge Act 1977 barred the creation of fresh rentcharges from 1977 onwards.

Old rentcharges can now be redeemed by making a one off payment under the Act. Any rentcharges that are still in existence post 2037 will be extinguished.

Is it necessary during the course of the conveyancing process to pop into the offices of the solicitor to execute the legal charge? If so, I will appoint a lawyer who conducts conveyancing in Crouch End so that I can attend their offices when needed.

Nowadays conveyancing panel lawyers for banks carry out all of the work through Royal Mail, e-mail or over phone calls. This means that they can undertake the legal work for your home move regardless of where you live in England or Wales. Nevertheless you should check if you have the option of going to the offices of your conveyancing lawyer if needed.

I opted to have a survey done on a property in Crouch End before instructing lawyers. I have been informed that there is a flying freehold overhang to the property. Our surveyor has said that some lenders may refuse to give a loan on a flying freehold premises.

It varies from the lender to lender. Santander has different instructions from Nationwide. Should you wish to call us we can investigate further via the relevant bank. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Crouch End. Conveyancing may be slightly more expensive based on your lender's requirements.

I've recently bought a leasehold house in Crouch End. Am I liable to pay service charges for periods before my ownership?

Where the service charge has already been demanded from the previous lessee and they have not paid you would not usually be personally liable for the arrears. Strange as it may seem, your landlord may still be able to take action to forfeit the lease. A critical element of leasehold conveyancing for your conveyancer to be sure to have an up to date clear service charge receipt before completion of your purchase. If you have a mortgage this is likely to be a requirement of your lender.

If you purchase part way through an accounting year you may be liable for charges not yet demanded even if they relate to a period prior to your purchase. In such circumstances your conveyancer would normally arrange for the seller to set aside some money to cover their part of the period (usually called a service charge retention).

After years of correspondence we cannot agree with our landlord on how much the lease extension should cost for our flat in Crouch End. Does the Leasehold Valuation Tribunal have jurisdiction to calculate the appropriate figures?

Absolutely. We are happy to put you in touch with a Crouch End conveyancing firm who can help.

An example of a Lease Extension decision for a Crouch End property is Flat 2A 19 Shepherds Hill in June 2014. The tribunal concluded in accordance with section 48 and schedule 13 of the Leasehold Reform,Housing and Urban Development Act (the 1993 Act) that the premium payable in respect of the grant of a new lease for the Flat be £24,303 (twenty four thousand three hundred and three pounds) This case was in relation to 1 flat. The unexpired residue of the current lease was 67.85 years.