We were just about to sign contracts for a leasehold flat in Campden Hill. We have hit a stumbling block. Our loan offer with Chelsea Building Society runs out on 7/4/2026 but the sellers are suggesting a completion date of 9/4/2026. Can one extend the loan expiry date?
The best person to address this concern is your solicitors who will determine if they better off negotiating with the mortgage broker, seller’s solicitors, property agents or possibly all parties given the history of your transaction to date.
My grandfather passed away 10 months ago and as sole heir and executor I was left the property in Campden Hill. The house had a relatively small loan remaining of approximately £4500. I want to have the title changed into my name whilst I re-mortgage to Bank of Ireland, pay off the mortgage. Is this allowed?
Given you intend to refinance then Bank of Ireland will require that you use a conveyancer on the Bank of Ireland conveyancing panel. Here is link to the Land Registry online guidance around what to do when a property owner dies. This will help you to understand the registration process behind changing the details re the registered title. in your case it would appear that you are effectively purchasing the property from the estate. Your Bank of Ireland conveyancing panel solicitor pays the new mortgage money into the estate, the estate pays off the old mortgage, the charge is released and you become the owner and the Bank of Ireland mortgage is registered as a charge at the Land Registry.
We are close to exchanging contracts on the sale of our property in Campden Hill and the buyers lawyers are claiming that there is a possibility that the property was built land that was not decontaminated. A high street Campden Hill conveyancer would know this is not the case. For the life of me I don't know why the buyers instructed a nationwide conveyancing outfit as opposed to a conveyancing solicitor in Campden Hill. Having lived in Campden Hill for three years we know that this is a non issue. Is it a good idea to contact our local Authority to seek confirmation that there is no issue.
It would appear that you have a conveyancing solicitor already. Are they able to advise? You should check with your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out life insurance to cover that same sickness)
I've recently found out that there is a flying freehold element on a property I put an offer in a fortnight ago in what was supposed to be a straight forward, chain free conveyancing. Campden Hill is where the house is located. What do you suggest?
Flying freeholds in Campden Hill are unusual but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Campden Hill you would need to get your solicitor to go through the deeds diligently. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Campden Hill 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 property.
My husband and I are first time buyers - had an offer accepted, but the estate agent informed us that the seller will only issue a contract if we appoint their chosen lawyers as they want a ‘quick sale’. My instinct tells me that we should use a high street solicitor used to conveyancing in Campden Hill
It is improbable the owners are behind this. If they desire ‘a quick sale', turning down a genuine buyer is not the way to achieve this. Bypass the agents and go straight to the owners and explain that (a)you are serious buyers (b)you are excited to move forward, with finances in place © you are chain free (d) you wish to move quickly (e)however you will continue to instruct your own,trusted Campden Hill conveyancing firm - not the ones that will earn the negotiator at the agency a kickback or hit his conveyancing targets pre-set by HQ.
All being well we will complete the sale of our £325,000 flat in Campden Hill in 5 days. The management company has quoted £408 for Certificate of Compliance, building insurance schedule and 3 years statements of service charge. Is it legal for a freeholder to charge exorbitant fees for a flat conveyance in Campden Hill?
Campden Hill conveyancing on leasehold apartments ordinarily results in administration charges levied by management companies :
-
Answering pre-exchange enquiries
Where consent is required before sale in Campden Hill
Copies of the building insurance and schedule
Deeds of covenant upon sale
Registering of the assignment of the change of lessee after a sale
I own a ground-floor 1960’s flat in Campden Hill. In the absence of agreement between myself and the freeholder, can the Leasehold valuation Tribunal make a decision on the amount due for a lease extension?
Where there is a absentee freeholder or where there is dispute about the premium for a lease extension, under the relevant legislation you can apply to the LVT to assess the price.
An example of a Lease Extension case for a Campden Hill residence is 93 Oakwood Court in June 2010. the LVT determined that the premium to be paid for the new lease was £492,083, This case was in relation to 1 flat. The unexpired term as at the valuation date was 37.79 years.