We are a couple about to sign contracts for a garden flat in Coney Hall. We encountered a stumbling block. The mortgage offer with Britannia runs out on 27/5/2025 but the owners are putting forward a completion date of 29/5/2025. Is it possible to extend the mortgage offer?
The best person to deal with your issue is your lawyer who will determine if he or she is corresponding with the mortgage company, owner’s lawyers, estate agents or indeed all parties given the circumstances your conveyancing as of today.
I own a freehold premises in Coney Hall yet invoiced for rent, why is this and what is this?
It’s unusual for properties in Coney Hall and has limited impact for conveyancing in Coney Hall but some freehold properties in England (particularly common in North West England) pay an annual sum known as a Chief Rent or a Rentcharge to a third party who has no other legal interest in the land.
Rentcharge payments are usually between £2.00 and £5.00 per year. Rentcharges date back hundreds of years, but the Rent Charge Act 1977 barred the generation of fresh rentcharges from 1977 onwards.
Previous rentcharges can now be redeemed by making a one off payment under the Act. Any rentcharges that are still in existence post 2037 is to be dispensed with completely.
Yesterday I discovered that there is a flying freehold issue on a house I have offered on two weeks back in what should have been a straight forward, no chain conveyancing. Coney Hall is where the house is located. Can you shed any light on this issue?
Flying freeholds in Coney Hall are rare but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Coney Hall you would need to get your solicitor to go through the deeds diligently. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Coney Hall may decide 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.
How does the Landlord & Tenant Act 1954 affect my business property in Coney Hall and how can your lawyers assist?
The particular law that you refer to gives protection to business tenants, giving them the a statutory right to apply to court for a renewal lease and continue in occupation when the lease comes to an end. There are limited grounds that a landlord can refrain from granting a lease renewal and the rules are involved. Fees are different for commercial conveyancing. Coney Hall is one of the many locations in which the firms we work with are located
Frank (my husband) and I may need to sub-let our Coney Hall basement flat temporarily due to a new job. We used a Coney Hall conveyancing practice in 2003 but they have since shut and we did not have the foresight to seek any advice as to whether the lease prohibits the subletting of the flat. How do we find out?
Some leases for properties in Coney Hall do contain a provision to say that subletting is only permitted with prior consent from the landlord. The landlord cannot unreasonably refuse but, in such cases, they would need to review references. Experience dictates that problems are usually caused by unsatisfactory tenants rather than owner-occupiers and for that reason you can expect the freeholder to take up the references and consider them carefully before granting permission.
Following years of dialogue we simply can't agree with our landlord on how much the lease extension should cost for our flat in Coney Hall. Does the Leasehold Valuation Tribunal have jurisdiction to calculate the appropriate figures?
Most certainly. We can put you in touch with a Coney Hall conveyancing firm who can help.
An example of a Lease Extension matter before the tribunal for a Coney Hall premises is 1 Southlands Court Southlands Road in September 2013. The Leasehold Valuation Tribunal determined that the premium to be paid by the tenant on the grant of a new lease, in accordance with section 56 and Schedule 13 of the Leasehold Reform, Housing and Urban Development Act 1993 was £30,541 This case affected 1 flat. The remaining number of years on the lease was 50.57 years.
I'm purchasing a house in Coney Hall. I have found my conveyancer's company on the CLC list, but I can't locate my lawyer's name on the list. Should I be concerned?
Not all staff in the practice must be listed by the regulator. As long there is someone qualified to 'oversee' the transaction, the actual day-to-day activity can be conducted by unlicensed staff.