The loan offer from Santander for the remortgage of my 3 room apartment is due by the end of next week. Can you suggest a cheap conveyancing lawyer in Maida Vale?
You are on the wrong site if you are seeking the cheapest conveyancing in Maida Vale. Our goal is to offer excellent value conveyancing but we do not advertise as being the cheapest. Avoid the trap of appointing brokers offering low cost conveyancing in Maida Vale. Optimistically, in going for low cost conveyancing, you will get your money’s worth and at worst it will result in you spending a lot in extras and still not get the service you were looking for.
We are looking to buy a property and require a conveyancing solicitor in Maida Vale who is on the Aldermore conveyancing panel. Could you point me in the right direction as regards a solicitor?
Our service is limited to being a directory service for firms who wish to be listed as being on the approved conveyancing panel for Aldermore . We don't recommend any particular firms conducting conveyancing in Maida Vale.
I was pointed in your direction by a number of property agents in Maida Vale to choose a solicitor using your seach tool. Is there a financial upside for Estate Agents to market your lawyers over another?
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 home movers will think, ‘Why is the agent getting a kickback? Why am I not receiving any benefit too?’ So we decided to step away from that.
I work for a reputable estate agent office in Maida Vale where we have experienced a number of flat sales jeopardised as a result of short leases. I have been given contradictory information from local Maida Vale conveyancing firms. Can you shed some light as to whether the owner of a flat can instigate the lease extension formalities for the purchaser on completion of the sale?
As long as 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 proposed purchaser can avoid having to wait 2 years for a lease extension. Both sets of lawyers will agree to form of assignment. The assignment has to be done before, or simultaneously with completion of the sale.
Alternatively, it may be possible to agree the lease extension with the freeholder 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.
I own a a ground floor purpose built flat in Maida Vale. Given that I can not reach agreement with the landlord, can the Leasehold valuation Tribunal determine the premium due for a lease extension?
Absolutely. We can put you in touch with a Maida Vale conveyancing firm who can help.
An example of a Freehold Enfranchisement matter before the tribunal for a Maida Vale flat is 4 & 4A Charteris Road in June 2009. the Tribunal held that the price to be paid for the enfranchisement of 4/4a Charteris Road to be £15,510 for at 4and £15,694 for at 4a This case related to 2 flats. The unexpired term was 70.02 years.
I am hoping to put an offer on a small detached house that appears to be perfect, at a reasonable price which is making it all the more appealing. I have subsequently discovered that the title is leasehold rather than freehold. I am assuming that there are particular concerns purchasing a leasehold house in Maida Vale. Conveyancing lawyers have are soon to be appointed. Will they explain the issues?
The majority of houses in Maida Vale are freehold and not leasehold. In this scenario it’s worth having a local solicitor used to dealing with such properties who can help the conveyancing process. it is apparent that you are purchasing in Maida Vale so you should seriously consider looking for a Maida Vale conveyancing solicitor and be sure that they are used to advising on leasehold houses. First you will need to check the unexpired lease term. Being a leaseholder you will not be at liberty to do whatever you want with the house. The lease will likely included provisions for example obtaining the freeholder’spermission to conduct changes to the property. It may be necessary to pay a contribution towards the maintenance of the communal areas where the property is part of an estate. Your lawyer should report to you on the legal implications.