Why is leasehold purchase conveyancing in Tufnell Park is more expensive?

Tufnell Park leasehold properties involve far more paperwork than a freehold purchase, and therefore takes more time to examine and advise upon.Conveyancing will involve the lease having to be checked which is usually a lengthy document, queries raised to ensure that the covenants and conditions have been observed. If it is a flat there will be a management company in existence and the accounts of this will need to be checked and enquiries raised to ensure it is operating efficiently and that all monies due have been paid by the Seller to the company and if not ensuring that money is paid up to date or the appropriate undertakings obtained.

I note that there are debates on Chancel Insurance on online forums. Am I compelled to take this when buying a residence in Tufnell Park? or I am told that there is historic law that means some homeowners living in a parish church boundary may be liable to contribute towards repairs to the chancel in proximity to the church. Is this a legitimate concern for conveyancing in Tufnell Park?

Unless a previous acquisition of the premises completed after 12 October 2013 you could expect lawyers carrying out conveyancing in Tufnell Park to remain encouraging a chancel search and or chancel repair liability policy.

I have justbecome aware that Stirling Law have been shut down. They conducted my conveyancing in Tufnell Park for a purchase of a leasehold flat 12 months ago. How can I be sure that the property is in my name in the name of the previous owner?

The quickest way to check if the premises is in your name, you can carry out 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.

I'm buying a new build house in Tufnell Park with the aid of help to buy. The builders refused to move on the amount so I negotiated 6k of extras instead. The estate agent suggested that I not inform my solicitor about the extras as it could adversely affect my loan with the bank. Is this normal?.

All lenders require a Disclosure of Incentives Form from the developer of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.

Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.

Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.

Yesterday I discovered that there is a flying freehold issue on a house I have offered on last month in what should have been a quick, chain free conveyancing. Tufnell Park is where the house is located. Can you offer any guidance?

Flying freeholds in Tufnell Park are not the norm but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Tufnell Park you must be sure that your lawyer goes through the deeds thoroughly. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Tufnell Park may ascertain that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold property.