Can you vouch for a National Westminster Bank approved Camden Town conveyancing practice that can complete within two weeks? Would it be better to use a local Camden Town solicitor or an internet firm?
We would be happy to suggest some excellent Camden Town conveyancing firms. You can also walk up the high street in Camden Town. Approach some well established firms and request to see a conveyancing solicitor for a quote. Mention your expectations together with the reasons and ask for an assurance on speed. Appoint the lawyer that genuine.
I am purchasing a semi-detached house in Camden Town. Conveyancing solicitors are said to be ‘a necessary evil’ but can I do it myself?
Leaving aside the complexities and merits of DIY conveyancing in Camden Town you will have to appoint a solicitor on your bank'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 Camden Town.
How can we tell if a Camden Town conveyancing solicitor on the RBS panel is any good?
When it comes to conveyancing in Camden Town seeking recommendations is a good starting point. Before you go ahead, check if they offer a no sale no fee offer. Also, you often get what you pay for - a firm which quotes more, will often provide a better service than one which is cheap as chips. We would always advise that you speak with the lawyer carrying out your transaction.
I had an offer accepted on an apartment in Camden Town on 29/1/2025, valuation was booked five days later, all came back fine. Conveyancer instructed, so all that was missing was my mortgage offer. Having made daily calls to RBS and chasing them on my offer, I have now been told that my offer will not be issued unless the lawyer is on the RBS conveyancing panel. Are RBS entitled to hold back the Mortgage pending the lawyer being on the approved list?
A lender would not issue a mortgage until they have details of a lawyer on their panel. It can take a few weeks for RBS to deal with your lawyer's application to be on the RBS conveyancing panel. There's no guarantee that your solicitor will be accepted.
Our offer on a semi in Camden Town has been accepted, the sellers do however have a tied purchase. The owners have offered on a flat, but it’s not yet tied up, and are looking at other properties in the pipeline. I have chosen a nearby conveyancing solicitor in Camden Town. What do I do now? At what point do I apply for the mortgage with Co-operative?
It is usual to have apprehensions where there is a chain as you are unlikely to want to be too out of pocket too early (home loan application is in the region of one thousand pounds, then valuation, Camden Town conveyancing search costs, etc). The first course of action is to ensure that your lawyer is on the Co-operative approved list. Concerning the subsequent phase this very much dictated by the circumstances of your case, attraction to this property and on the state of the market. In a buoyant market many buyers would apply for the mortgage with Co-operative and arrange for the valuation and only if it comes back ok would they pay their lawyer to proceed with searches.
What will a local search tell me about the property I am buying in Camden Town?
Camden Town conveyancing often commences with the submitting local authority searches directly from your local Authority or through a personal search organisations such as PSG The local search is essential in every Camden Town conveyancing purchase; that is if you don’t want any unpleasant surprises after you move into your new home. The search will supply information on, amongst other things, details on planning applications relevant to the premises (whether granted or refused), building control history, any enforcement action, restrictions on permitted development, nearby road schemes, contaminated land and radon gas; in all a total of 13 topic headings.
I've recently found out that there is a flying freehold issue on a property I put an offer in last month in what should have been a straight forward, chain free conveyancing. Camden Town is where the house is located. Is there any guidance you can give?
Flying freeholds in Camden Town are rare but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Camden Town you would need to get your solicitor to go 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 Camden Town may determine 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 residence.
I am employed by a long established estate agent office in Camden Town where we see a number of leasehold sales put at risk due to leases having less than 80 years remaining. I have been given inconsistent advice from local Camden Town conveyancing firms. Can you confirm whether the seller of a flat can instigate 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 start the lease extension process and assign the benefit of the notice to the purchaser. The benefit of this is that the buyer can avoid having to sit tight for 2 years for a lease extension. 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 disposal of the property.
Alternatively, it may be possible 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 trying to purchase the freehold in Camden Town. Can this matter be resolved via the Leasehold Valuation Tribunal?
if there is a missing landlord or if there is dispute about what the lease extension should cost, under the relevant statutes it is possible to make an application to the Leasehold Valuation Tribunal to decide the sum to be paid.
An example of a Lease Extension case for a Camden Town premises is Flat 120, Clare Court Judd Street in August 2013. the Tribunal held that the premium to be paid for the extension of the lease should be £64,650 This case related to 1 flat. The remaining number of years on the lease was 62.79 years.