I am buying a right to buy a flat in Tufnell Park. How practical is it for me to do the conveyancing?
Leaving aside the complexities and merits of DIY conveyancing in Tufnell Park you will have to appoint a solicitor on your lender's conveyancing panel to look after their interests. Most people therefore find it easier to let the solicitor act for them and the lender. Furthermore there is minimal cost savings to be made in you doing conveyancing for yourself and another lawyer conducting the conveyancing for the lender. Please feel free to use the search tool to find a lawyer on your lender panel in Tufnell Park.
Is it necessary to take out insurance to cover chancel repairs when purchasing a property in Tufnell Park?
Unless a previous acquisition of the property completed after 12 October 2013 you can take it that lawyers delivering conveyancing in Tufnell Park to continue to recommend a chancel search and or insurance against a claim.
I have todaybeen informed that Arc property Solicitors have been shut down. They conducted my conveyancing in Tufnell Park for a purchase of a leasehold apartment 10 months ago. How can I check that the property is not still registered in the name of the former proprietor?
The easiest method to see if the premises is registered to you, you can make a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Tufnell Park conveyancing specialists.
The estate agent has sent us the confirmation of our purchase of a new build flat in Tufnell Park. Conveyancing is a frightening process at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build conveyancing.
Set out below is a sample of a few leasehold new build enquiries that you should expect your new-build leasehold conveyancing in Tufnell Park
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There must be mutual enforceability of lessee’s covenants. Where service of notices and proceedings can be at the property demised please confirm that this can be amended to include simultaneous services at the Lessees’ solicitors’ offices where the Lessee from time to time is not resident in the UK - such solicitors may be varied by notice in writing to the Landlord from time to time but otherwise will be as previously specified. Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? The Lease must contain a provision on behalf of the Vendor to pay the service charges in respect of unoccupied units in order to ensure that all services can be provided. Where there is an Undertaking being granted there is the risk of forfeiture of the Headlease subject to relief if one or more of the Underlessees are willing to accept the original Head Lessee’s obligations as otherwise relief will be denied to the Underlessees. The only alternatives are the Head Lessor agreeing not to forfeit the Headlease or the Head Lessee guaranteeing to the Underlessees that it will not be in breach of the Headlease.
Due to the guidance of my in-laws I had a survey completed on a property in Tufnell Park in advance of retaining solicitors. I have been advised that there is a flying freehold element to the property. My surveyor has said that some lenders tend refuse to grant a loan on a flying freehold house.
It varies from the lender to lender. Lloyds has different requirements from Halifax. Should you wish to telephone us we can investigate further via the relevant lender. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Tufnell Park. Conveyancing may be slightly more expensive based on your lender's requirements.