My wife and I purchasing a detached bungalow in Highbury. We would like to carry out an extension to the side at the property.Will the conveyancing process include enquiries to determine if these alterations were previously refused?
Your property lawyer should review the deeds as conveyancing in Highbury can on occasion identify restrictions in the title deeds which prevent certain changes or need the consent of a 3rd party. Certain extensions require local authority planning consent and approval under the building regulations. Many areas are designated conservation areas and special planning restrictions apply which often prevent or impact extensions. It would be prudent to check these things with a surveyor before you commit yourself to a purchase.
Is it correct that all Highbury CQS (Conveyancing Quality Scheme) solicitors are on the Santander conveyancing list of approved practices?
Some major banks and building societies now use CQS as the kick off point for Panel approval such as HSBC and Santander. The Law Society’s CQS membership however gives no guarantee to lender panel acceptance. That being said,the CML have indicated that it is likely to become a pre-requisite for solicitor practices wishing to remain on their panels.
The mortgage over my property is with Kent Reliance for my property in Highbury. Conveyancing has been completed 12 months ago. Should I wish to rent out my property and do not currently have a buy-to-let mortgage do I need to remortgage to a BTL mortgage or inform Kent Reliance?
Kent Reliance must be informed of your intention prior to letting out your property as this is likely to be a breach of Kent Reliance’s mortgage conditions. In many cases banks or building societies will permit you to let out your former home without needing to switch to a buy-to-let mortgage but some lenders will add a surcharge to your mortgage rate to reflect the higher risk. You should contact Kent Reliance directly. You need not do this via a Kent Reliance conveyancing panel solicitor.
Have completed on a a terraced house in Highbury , how long should it take for the Land Registry to deal with the formalities evidencing the transfer to my name? My Highbury conveyancing solicitor works at snail pace, so I want to check the post completion formalities are dealt with.
As far as conveyancing in Highbury registration is no faster or slower than anywhere else in England and Wales. Rather than based on location, timeframes can differ depending on the party submitting the application, whether it is in order and if the Land registry communicate with any 3rd persons or bodies. As of today in the region of 80% of such applications are fully addressed in less than three weeks but occasionally there can be longer delays. Historically registration takes place after the buyer has moved in to the premises therefore 'speed' is not usually an essential issue yet if it is urgent that the the registration takes place urgently then you or your conveyancer should contact the land registry and explain the circumstances.
I am purchasing a new build house in Highbury with the aid of help to buy. The developers would not budge the amount so I negotiated 6k of fixtures and fittings instead. The property agent advised me not inform my solicitor about this side-deal as it could impact my mortgage with the lender. Should I keep quiet?.
All lenders require a Disclosure of Incentives Form from the builder of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.
Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.
Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.
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At this site secure an accurate quote via a Solicitor or Licensed Conveyancer that appreciates the nuances for your conveyancing in Highbury. Unlike many estate agents and many comparison sites we do not have commission deals with solicitors. Some agents and online brokers 'recommend' solicitors that pays the most per referral, rather than the best value conveyancing in Highbury
Estate agents have just been given the go-ahead to market my basement apartment in Highbury. Conveyancing solicitors are to be appointed soon, but I have just received a yearly service charge invoice – what should I do?
Your conveyancing lawyer is likely to suggest that you should clear the maintenance contribution as you normally would because all rents and service invoices will be apportioned as part of the financial calculations for completion monies, so you will be reimbursed by the purchaser for the period running from after the completion date to the subsequent invoice date. Most management companies will not acknowledge the buyer until 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 trying to purchase the freehold in Highbury. Can this matter be resolved via the Leasehold Valuation Tribunal?
You certainly can. We are happy to put you in touch with a Highbury conveyancing firm who can help.
An example of a Lease Extension decision for a Highbury flat is Lower Flat 16A Beatty Road in September 2012. The premium payable was £13,577. The terms of the lease has been agreed between the Applicants and the First Respondent and the Tribunal did not seek to disturb that agreement. This case related to 1 flat.