We note that you have a post code search directory identifying law firms on the Lloyds conveyancing panel. Do firms pay you a commission if I instruct them for our own conveyancing in High Holborn?
We are a listing service only for law firms wishing to communicate if they are on the Lloyds conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in High Holborn.
I am considering refinancing my apartment in High Holborn, does my lawyer have to be on the Kent Reliance Conveyancing panel?
In theory, you could use a solicitor that is not on the Kent Reliance conveyancing panel, but Kent Reliance would require one of their panel solicitors to be instructed to act in their interests, and you'd have to pay for this - so most people instruct a panel solicitor. It's also easier, as otherwise you'd have to deal with two solicitors for the same transaction.
Have purchased a a detached house in High Holborn , how long will it take for the Land Registry to deal with the formalities evidencing the transfer to my name? My High Holborn conveyancing solicitor works at snail pace, so I want to be certain the land registry aspects are dealt with.
There is nothing unique about conveyancing in High Holborn registration formalities. Rather than based on location, timeframes can differ subject to who lodges the application, whether it is in order and if the Land registry communicate with any 3rd parties. Currently approximately 80% of such applications are fully addressed within 12 days but occasionally there can be protracted delays. Historically registration is effected once the buyer has moved in to the property so registration formalities is not typically top priority yet if there is a degree of urgency associated with the registration then you or your lawyers must contact the land registry and explain the circumstances.
How does conveyancing in High Holborn differ for new build properties?
Most buyers of new build or newly converted property in High Holborn contact us having been asked by the seller to exchange contracts and commit to the purchase even before the house is completed. This is because builders in High Holborn usually purchase the land, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancing solicitors as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are used to new build conveyancing in High Holborn or who has acted in the same development.
Due to the guidance of my in-laws I had a survey completed on a house in High Holborn before instructing conveyancers. I have been informed that there is a flying freehold aspect to the property. Our surveyor advised that some lenders tend not issue a mortgage on this type of home.
It varies from the lender to lender. HSBC has different instructions for example to Birmingham Midshires. Should you wish to call us we can check via the appropriate lender. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in High Holborn. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in High Holborn to see if the conveyancing will be more expensive.
I have tried to negotiate informally with with my landlord for a lease extension without success. Can the Leasehold Valuation Tribunal adjudicate on such issues? Can you recommend a High Holborn conveyancing firm to help?
You certainly can. We are happy to put you in touch with a High Holborn conveyancing firm who can help.
An example of a Lease Extension matter before the tribunal for a High Holborn flat is Flat 89 Trinity Court Grays Inn Road in February 2013. the Tribunal found that the premium to be paid by the tenant on the grant of a new lease, in accordance with section 56 and Schedule 13 to the Leasehold Reform, Housing and Urban Development Act 1993 should be £36,229. This case was in relation to 1 flat. The number of years remaining on the existing lease(s) was 66.8 years.
In relation to leasehold conveyancing in High Holborn what are the most frequent lease problems?
Leasehold conveyancing in High Holborn is not unique. All leases are individual and drafting errors can result in certain clauses are not included. For example, if your lease is missing any of the following, it could be defective:
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Service charge per centages that don't add up correctly leaving a shortfall
A defective lease can cause issues when trying to sell a property primarily because it impacts on the ability to obtain a mortgage on the property. HSBC Bank, Chelsea Building Society, and Britannia all have express conveyancing instructions when it comes to what is expected in a lease. If a mortgage lender believes that the lease is problematic they may refuse to grant the mortgage, obliging the purchaser to pull out.