I require fast conveyancing in Primrose Hill as I am under an ultimatum to complete within one month. A mortgage is not required. Can I avoid the conveyancing searches to save money and time?

As you are not obtaining a mortgage you have the choice not to do searches although no lawyer would suggest that you don't. With lots of history conveyancing in Primrose Hill the following are examples of issues that can be revealed and adversely affect market value: Enforcement Actions, Outstanding Charges, Outstanding Grants, Railway Schemes,...

Are there restrictive covenants that are commonly identified during conveyancing in Primrose Hill?

Restrictive covenants can be picked up when reviewing land registry title as part of the legal transfer of property in Primrose Hill. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’

How does conveyancing in Primrose Hill differ for newly converted properties?

Most buyers of new build property in Primrose Hill come to us having been asked by the builder to exchange contracts and commit to the purchase even before the house is built. This is because new home sellers in Primrose Hill usually purchase 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 conveyancing solicitors 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 accustomed to new build conveyancing in Primrose Hill or who has acted in the same development.

My business partner and I are planning to lease a unit on the high street. Can you recommend conveyancers offering competitive charges for commercial conveyancing in Primrose Hill for under £2000?

We can recommend firms who have an in-depth of experience of commercial conveyancing in Primrose Hill, including the disposal and purchase of businesses as well as simply property. Whether you are intending to acquire or sell a shop, pub, restaurant, office, retail unit or a complete business we can put you in touch with the right firm. As for the charges these will vary based on the structure and heads of terms of the proposed transaction. Please provide us with your contact information or email so as to enable us to furnish you with comprehensive commercial conveyancing quote.

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

Where the service charge has already been demanded from the previous owner and they have not paid you would not usually be personally liable for the arrears. However, 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).

I have tried to negotiate informally with with my landlord for a lease extension without any joy. Can the Leasehold Valuation Tribunal adjudicate on such issues? Can you recommend a Primrose Hill conveyancing firm to assist?

if there is a missing landlord or where there is disagreement about the premium for a lease extension, under the relevant statutes it is possible to make an application to the First-tier Tribunal (Property Chamber) to assess the price payable.

An example of a Lease Extension decision for a Primrose Hill property is Flat 2 27 Mackeson Road in December 2012. The Tribunal assessed the value of the lease extension premium at £35,435 and rounded the figure to £35,500 This case affected 1 flat. The number of years remaining on the existing lease(s) was 64.77 years.