What can a local search reveal about the property I am buying in Kingsbury?
Kingsbury conveyancing often starts with the ordering local authority searches directly from your local Authority or through a personal search organisations for instance Searches UK The local search plays a central role in most Kingsbury conveyancing purchase; as long as you don’t want any nasty surprises after you move into your new home. The search will provide data on, amongst other things, details on planning applications relevant to the premises (whether granted or refused), building control history, any enforcement action, restrictions on permitted development, nearby road schemes, contaminated land and radon gas; in all a total of thirteen subject areas.
How does conveyancing in Kingsbury differ for new build properties?
Most buyers of new build property in Kingsbury come to us having been asked by the seller to sign contracts and commit to the purchase even before the property is built. This is because new home sellers in Kingsbury tend to acquire the site, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are used to new build conveyancing in Kingsbury or who has acted in the same development.
Over the last few months I have been searching for a ground for flat up to £245,000 and found one round the corner in Kingsbury I like with amenity areas and station in the vicinity, however it only has 51 years on the lease. I can't really find anything else in Kingsbury for this price, so just wondered if I would be making a grave error acquiring a short lease?
Should you need a home loan the shortness of the lease may be an issue. Reduce the offer by the amount the lease extension will cost if it has not already been discounted. If the existing proprietor has owned the property for a minimum of twenty four months you may request that they start the process of the extension and then assign it to you. An additional ninety years can be extended on to the existing lease and have £0 ground rent by law. You should consult your conveyancing solicitor regarding this matter.
I'm remortgaging my existing house to a buy to let loan with The Royal Bank of Scotland and I will use the ballance of the raised equity as a deposit on a second property. The area we are looking at is Kingsbury. Will your lawyers be able to act for the two mortgage companies and link together the two deals?
Do use our search tool on this site to be sure that the lawyers are on the appropriate lender panels. Assuming that they are the conveyancer should be able to connect the two transactions but you should talk with you solicitor and communicate your expectations and needs.
I acquired a property in Kingsbury last 18/10/2024 and to date it is still not registered with HM Land Registry. It was part of a development site and my solicitor told me that it may take 12 months to register. I have spoken with the Land Registry directly and they have informed me the original application was cancelled due to failure to reply to requisitions. What can I do?
It is your solicitor that you must turn to here in order to satisfy any concerns which have arisen as part of the registration formalities for your Kingsbury property. Normal Kingsbury conveyancing practice includes an undertaking on the part of the seller's solicitor that they will help resolve any requirements raised by HMLR so it may be a case of taking action to enforce that undertaking in some way.