Forgive me if this question is silly but I am new to the home buying as FTB of a two bedroom flat in Camden. Do I receive the keys to the premises on the completion date from my solicitor? If this is the case, I will instruct a High Street conveyancing solicitor in Camden?
There is no need to visit the lawyers office on the day of completion. Your solicitors will transfer the completion advance to the owner’s solicitors, and once they have received this, you will be called to collect the keys from the selling Agents and start moving into the property. Usually this happens early afternoon.
I'm the single beneficiary of my late grandmother’s estate with all property in now in my sole name, including the my former home in Camden. Conveyancing formalities meant that the Land Registry date was in September. I now wish to sell up. I do know about the Mortgage Lenders six month 'rule', meaning my property ownership could be treated the same way as if I'd bought the property in September. Will no one buy the property for half a year?
The CML handbook requires conveyancers to: "report to us immediately if the owner or registered proprietor has been registered for less than six months." Technically you could be impacted by that. many lenders would take a pragmatic view as this clause chiefly exists to pick up on subsales or the wholesaling and assigning of property.
I am selling my apartment. I had a double glazing fitted in April 2007, but did not receive a FENSA certificate or Building Regulation Certificate. My buyer's mortgage company, Co-operative are being pedantic. The Camden solicitor who is on the Co-operative conveyancing panel is recommending indemnity insurance as a solution but Co-operative are requiring a building regulation certificate. Why do Co-operative have a conveyancing panel if they don't accept advice from them?
It is probably the case that Co-operative have referred the matter to their valuer. The reason why Co-operative may not want to accept indemnity insurance is because it does not give them any reassurance that the double glazing was correctly and safely installed. The indemnity insurance merely protects against enforcement action which is very unlikely anyway.
I need some fast conveyancing in Camden as I am faced with a deadline to sign on the dotted line in less than one month. Luckily I do not need a mortgage. Can I avoid the conveyancing searches to save fees and time?
As you are are a cash purchaser you are at liberty not to do searches although no conveyancer would recommend that you don't. Drawing on our experience of conveyancing in Camden the following are examples of what can show up and therefore impact future mortgageability: Enforcement Notices, Overdue Charges, Outstanding Grants, Unadopted Roads,...
I used Action Conveyancing several years ago for my conveyancing in Camden. Now, I need my documents but cannot find the solicitor. What do I do?
You should call the Solicitors Regulatory Authority (SRA) to help locate your conveyancing files. They can be contacted on please contact on 0870 606 2555. Alternatively, you should use their online form to make an enquiry. You will need to provide the SRA with as much information as possible to assist their search, including the name and address in Camden of the conveyancing firm of solicitors you previously used, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.
I have been on the look out for a leasehold apartment up to £235,500 and identified one near me in Camden I like with open areas and station nearby, the downside is that it's only got 61 years unexpired on the lease. There is not much else in Camden in this price bracket, so just wondered if I would be making a mistake acquiring a short lease?
If you need a home loan the shortness of the lease will be problematic. Discount the offer by the expected lease extension will cost if not already taken into account. If the current proprietor has owned the property for at least 2 years you may request that they start the process of the extension and pass it to you. An additional ninety years can be extended on to the current lease term with a zero ground rent applied. You should consult your conveyancing lawyer concerning this matter.
Hoping to buy a property located in Camden and I am already nervous. I couldn't find anything specific about Camden. Conveyancing will be needed in due course but do you know about the Camden area? or perhaps some other tips you can share?
Rather than looking online forget looking online you should go and have a look at Camden. In the meantime here are some basic statistics that we found
What is the reason for my conveyancer requiring various items of identification before I can proceed with selling or buying a property in Camden?
Camden conveyancing practitioners are obliged by the Law Society, Solicitors Regulation Authority, HM Land Registry and current AML legislation to certify that the have verified the identity of their clients. It will also be a requirement of your bank if you are taking a mortgage. Furthermore they have to complete various forms, particularly those relating to stamp duty land tax and need to have details such as your full names, national insurance number and date of birth.