Can I use your services to locate a Conveyancing solicitor in Tokyngton even if I’m not purchasing or disposing of a house, for instance where I wish to buy an office in Tokyngton with a mortgage from Godiva Mortgages Ltd?

The service is mainly there to locate residential conveyancing solicitors in Tokyngton but we have set out at the bottom of this page a few Tokyngton commercial conveyancing firms. You will need to speak with the company directly to establish if they can also act for Godiva Mortgages Ltd

Do I need to pay for insurance to address the risk of chancel repairs when purchasing a house in Tokyngton?

Unless a previous purchase of the property took place post 12 October 2013 you may take it that solicitors conducting conveyancing in Tokyngton to remain encouraging a chancel search and or insurance against a claim.

It has been 3 months since my purchase conveyancing in Tokyngton completed. I have checked the Land Registry website which shows that I paid £200,000 when infact I paid £160,000. Why the discrepancy?

The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the premises from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.

I have been on the look out for a flat up to £195,000 and identified one close by in Tokyngton I like with a park and station nearby, however it's only got 61 remaining years left on the lease. I can't really find anything else in Tokyngton suitable, so just wondered if I would be making a mistake purchasing a short lease?

If you need a home loan the remaining unexpired lease term will be a potential deal breaker. Reduce the offer by the amount the lease extension will cost if not already taken into account. If the current owner has owned the premises for at least 2 years you can 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 with a zero ground rent applied. You should consult your conveyancing solicitor about this.

I am a negotiator for a reputable estate agency in Tokyngton where we have witnessed a number of flat sales derailed due to leases having less than 80 years remaining. I have been given contradictory information from local Tokyngton conveyancing firms. Can you shed some light as to whether the vendor of a flat can instigate the lease extension formalities for the purchaser on completion of the sale?

Provided that the seller has been the owner for at least 2 years it is possible, to serve a Section 42 notice to commence 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 sit tight for 2 years to extend their lease. Both sets of lawyers will agree to form of assignment. The assignment needs to be completed 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.

After years of dialogue we are unable to agree with our landlord on how much the lease extension should cost for our flat in Tokyngton. Does the Leasehold Valuation Tribunal have jurisdiction to calculate the appropriate figures?

Where there is a absentee freeholder or where there is disagreement about what the lease extension should cost, under the relevant legislation it is possible to make an application to the LVT to arrive at the premium.

An example of a Lease Extension case for a Tokyngton property is Ground Floor Flat 79 London Road in September 2012. the Tribunal held that the premium payable for the lease extension should be £7,636 This case was in relation to 1 flat. The unexpired lease term was 74 years.