I am buying a ground floor flat in Upper Clapton. My property lawyer is not on the mortgage company conveyancing list. Can I still appoint my Upper Clapton conveyancing solicitor notwithstanding that they are not on the bank panel of approved conveyancing solicitors?
Your options include
- Proceed with your preferred Upper Clapton conveyancing practitioner but your bank will need to appoint a property lawyer from their conveyancing panel. The net result is additional cost and potential delay.
- Get a fresh solicitor to act in the purchase, making sure they are on the bank conveyancing panel.
- Convince your property lawyer to attempt to join the lender panel
Having sold my house in Upper Clapton last May yet the purchaser is SMS messaging every few hours to moan that her solicitor needs to hear from mine. What are the post completion sale legalities now that I have sold?
After completion of your house sale your lawyer should deliver the transfer documentation and all supplemental paperwork to the purchaser's lawyers. Where relevant, your conveyancer should also send confirmation that the mortgage has been paid off to the buyers solicitors. There is unlikely to be post completion procedures just for conveyancing in Upper Clapton.
I decided to have a survey carried out on a house in Upper Clapton ahead of instructing solicitors. I have been told that there is a flying freehold overhang to the house. The surveyor has said that some mortgage companies may not grant a loan on this type of premises.
It varies from the lender to lender. HSBC has different requirements from Halifax. If you contact us we can check via the appropriate bank. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Upper Clapton. Conveyancing will be smoother if you use a solicitor in Upper Clapton especially if they regularly deal with such properties in Upper Clapton.
I am using a search engine for the phrase cheap conveyancing in Upper Clapton it shows results of many property lawyersin the area. With so much choice what is the best way to find the right solicitor for my move?
The best way of choosing the right conveyancer is via trusted referral, so enquire of friends and family who have acquired a property in Upper Clapton or a reputable estate agent or mortgage broker. Charges for conveyancing in Upper Clapton vary, so it's sensible to obtain a minimum of four fee estimates from varying types of companies. Be sure to secure confirmation what costs in the quote includes.
I am employed by a busy estate agency in Upper Clapton where we see a few leasehold sales put at risk due to leases having less than 80 years remaining. I have received conflicting advice from local Upper Clapton conveyancing solicitors. Please can you clarify whether the seller of a flat can initiate the lease extension process 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 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 has to be done before, or at the same time as completion of the sale.
An alternative approach is to extend the lease informally by agreement with the landlord 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 buyer.
My wife and I have hit a brick wall in seeking a lease extension in Upper Clapton. Can this matter be resolved via the Leasehold Valuation Tribunal?
Most definitely. We are happy to put you in touch with a Upper Clapton conveyancing firm who can help.
An example of a Lease Extension decision for a Upper Clapton premises is Flat 25, Stamford Hill Mansions Stamford Hill in April 2010. The Tribunal therefore determined that the premium to be paid by the lessee to the freeholder for the extension of the lease should be £28,984.00 This case related to 1 flat. The unexpired lease term was 59 years.