Completed the sale of my flat in Dalston last April but our buyer keeps e-mailing daily to moan that her conveyancer is waiting to hear from mine. What should my lawyer have done now that I have sold?
Following your disposal your lawyer should send the transfer documentation and all supplemental paperwork to the buyer’s lawyers. Depending on the transaction, your solicitor must also send confirmation that the mortgage has been paid off to the purchasers conveyancers. There is unlikely to be post completion tasks peculiar conveyancing in Dalston.
What happens if my lawyer’s firm is removed from the Nationwide Conveyancing panel ahead of completing my conveyancing in Dalston?
First, this is very unlikely to happen. In most cases even where a law firm is removed off of a panel the lender would allow the completion to go ahead as the lender would appreciate the difficulties that they would place you in if you have to instruct a new solicitor days before completion. In a worst case scenario where the lender insists that you instruct a new firm then it is possible for a very good lawyer to expedite the conveyancing albeit that you may pay a significant premium for this. The analogous situation is where a buyer instructs a lawyer, exchanges contracts and the law firm is shut down by a regulator such as the SRA. Again, in this situation you can find lawyers who can troubleshoot their way to bring the conveyancing to a satisfactory conclusion - albeit for a fee.
I am looking for a ground for flat up to £305k and found one near me in Dalston I like with a park and transport links nearby, however it's only got 52 years on the lease. There is not much else in Dalston in this price bracket, so just wondered if I would be making a grave error buying a lease with such few years left?
If you need a home loan that many years will be an issue. Reduce the offer by the anticipated lease extension will cost if it has not already been discounted. If the existing proprietor has owned the property for at least 2 years you may ask them to commence the lease extension formalities and then assign it to you. You can add 90 years to the existing lease term and have £0 ground rent by law. You should consult your conveyancing lawyer about this.
What does commercial conveyancing in Dalston cover?
Dalston conveyancing for business premises incorporates a broad range of guidance, offered by qualified solicitors, relating to business property. For instance, this type of conveyancing can cover the sale or purchase of freehold business premises or, more commonly, the transfer of existing leases or the drafting of new leasing arrangements. Commercial conveyancing solicitors can also offer advice on the sale of business assets, commercial loans and the termination of leases.
I need to find a conveyancing solicitor for sale conveyancing in Dalston. I've discover a site which looks to be the perfect offering If it is possible to get all the legals done via email that would be preferable. Should I be concerned? What should out be looking out for?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?
Back In 2002, I bought a leasehold flat in Dalston. Conveyancing and Godiva Mortgages Ltd mortgage organised. A letter has just been received from someone claiming to own the freehold. Attached was a demand for arrears of ground rent dating back to 1996. The conveyancing practitioner in Dalston who previously acted has long since retired. What should I do?
The first thing you should do is contact HMLR to make sure that the individual purporting to own the freehold is indeed the new freeholder. It is not necessary to incur the fees of a Dalston conveyancing firm to do this as it can be done on-line for £3. You should note that in any event, even if this is the legitimate landlord, under the Limitation Act 1980 no more than 6 years of rent can be collected.
My wife and I have hit a brick wall in trying to reach an agreement for a lease extension in Dalston. Can the Leasehold Valuation Tribunal adjudicate on premiums?
Most certainly. We are happy to put you in touch with a Dalston conveyancing firm who can help.
An example of a Freehold Enfranchisement decision for a Dalston flat is 150 Amhurst Road in December 2013. The tribunal concluded that the premium to be paid by the applicant for the enfranchisement of the subject property was £43,500. This case was in relation to 4 flats. The unexpired term as at the valuation date was 90 (or thereabouts).