I have been told that property searches are a common reason for hinderance in Earls Court house deals. Is that correct?
The Council of Property Search Organisations (CoPSO) published findings of a review by MoveWithUs that conveyancing searches do not figure amongst the common causes of hindrances during the legal transfer of property. Searches are not likely to feature in any delay in conveyancing in Earls Court.
I have been on the look out for a ground for flat up to £245,000 and found one close by in Earls Court I like with a park and transport links in the vicinity, the downside is that it's only got 49 remaining years left on the lease. There is not much else in Earls Court suitable, so just wondered if I would be making a grave error purchasing a lease with such few years left?
If you need a home loan the shortness of the lease will likely be an issue. Discount the offer by the anticipated lease extension will cost if it has not already been discounted. If the current proprietor has owned the property for a minimum of 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 solicitor concerning this matter.
I am looking into buying my first house which is in Earls Court and I am already nervous. I couldn't find anything specific about Earls Court. Conveyancing will be needed in due course but do you know about the Earls Court area? or perhaps some other tips you can share?
Rather than looking online forget looking online you should go and have a look at Earls Court. In the meantime here are some basic statistics that we found
In scouring the internet for the term on line conveyancing in Earls Court it brings up many solicitorslocally. How do I determine which is the suitable solicitor for purchase transaction?
The best method of finding a suitable conveyancer is via trusted recommendation, so seek the guidance of colleagues and relatives who have acquired a property in Earls Court or the local estate agent or mortgage broker. Costs for conveyancing in Earls Court vary, so it's a good idea to request at least four estimates from different conveyancers. Make sure that you know that the costs are assured not to to be inflated.
Back In 2000, I bought a leasehold house in Earls Court. Conveyancing and Nottingham Building Society mortgage went though with no issue. I have received a letter from someone saying they have taken over the freehold. Attached was a ground rent demand for rent dating back to 1997. The conveyancing solicitor in Earls Court who acted for me is not around. What should I do?
First make enquiries of HMLR to make sure that this person is indeed the new freeholder. It is not necessary to incur the fees of a Earls Court conveyancing firm to do this as you can do this on the Land Registry website for less than a fiver. Rest assured that in any event, even if this is the legitimate landlord, under the Limitation Act 1980 the limitation period for recovery of ground rent is six years.
I am the registered owner of a ground-floor 1950’s flat in Earls Court. Given that I can not reach agreement with the landlord, can the Leasehold valuation Tribunal make a decision on the amount payable for the purchase of the freehold?
Absolutely. We are happy to put you in touch with a Earls Court conveyancing firm who can help.
An example of a Freehold Enfranchisement decision for a Earls Court property is 5 Wetherby Gardens in June 2014. the Tribunal concluded that the price to be paid for the freehold of the property was £2,369,452. This case was in relation to 5 flats. The unexpired residue of the current lease was 38.98 years.
My fiance and I yesterday discovered that one of the directors of the firm undertaking the purchase conveyancing in Earls Court is an uncle of the vendor. Is this acceptable?
Provided no conflict arises this should be fine. Where you are needing mortgage finance then the mortgage company may have a say as many mortgage companies have specific requirements concerning this. For example for RBS - Direct Line as of 1/9/2025, the requirements read as follows :