I am expecting a mortgage with Santander. I hope to use a Licensed Conveyancer in High Holborn. Does the Santander Solicitor panel exclude conveyancers regulated by the CLC?
The Santander conveyancing panel is, like many other lenders, associated to the Council or Mortgage Lenders or Building Society Association, open to Licensed Conveyancers regulated by the CLC.
How does conveyancing in High Holborn differ for new build properties?
Most buyers of new build premises in High Holborn contact us having been asked by the developer to sign contracts and commit to the purchase even before the house is constructed. This is because house builders in High Holborn usually acquire 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 accustomed to new build conveyancing in High Holborn or who has acted in the same development.
I have been on the look out for a ground for flat up to £195,000 and found one near me in High Holborn I like with open areas and railway links in the vicinity, however it only has 52 remaining years left on the lease. There is not much else in High Holborn in this price bracket, so just wondered if I would be making a mistake buying a short lease?
If you require a mortgage the remaining unexpired lease term may be a potential deal breaker. Reduce the offer by the expected lease extension will cost if it has not already been discounted. If the existing proprietor has owned the property for a minimum of 2 years you may ask them to start the process of the extension and pass it to you. An additional ninety years can be extended on to the existing lease and have £0 ground rent by law. You should speak to your conveyancing lawyer concerning this matter.
Taking into account that I will soon part with 450k on a terraced house in High Holborn I wish to have a conversation with the solicitor regarding thehouse move prior to giving the go ahead to the firm. Can this be arranged?
This is something that we encourage - we would be happy to talk to you we do not take any clients on without you liaising with the lawyer due to be conducting your conveyancing in High Holborn.There is no ‘factory style conveyancing’ - each client is unique person, not a case reference. The practices that we put you in touch with believe that the fees you are calculated and presented to you for residential conveyancing in High Holborn should be the figure that you are charged.
As co-executor for the estate of my grandfather I am disposing of a house in Neath but live in High Holborn. My lawyer (approximately 300 kilometers from merequires that I sign a stat dec before the transaction finalising. Can you recommend a conveyancing solicitor in High Holborn who can attest and place their company stamp on the document?
Technically speaking you should not be required to have the documents witnessed by a conveyancing solicitor. Normally or notary public or solicitor will be fine regardless of whether they are High Holborn based
Completion is due on the sale of our £275,000 maisonette in High Holborn on Wednesday in a week. The management company has quoted £408 for Certificate of Compliance, building insurance schedule and previous years service charge statements. Is the landlord entitled to charge exorbitant fees for a flat conveyance in High Holborn?
High Holborn conveyancing on leasehold flats more often than not involves the purchaser’s conveyancer sending enquiries for the landlord to answer. Although the landlord is under no legal obligation to answer such questions the majority will be content to do so. They may charge a reasonable administration fee for responding to questions or supplying documentation. There is no set fee. The average costs for the information that you are referring to is over three hundred pounds, in some transactions it is in excess of £800. The administration charge invoiced by the landlord must be sent together with a synopsis of rights and obligations in relation to administration fees, without which the invoice is not strictly payable. In reality you have little choice but to pay whatever is demanded should you wish to exchange contracts with the buyer.
I have attempted and failed to negotiate with my landlord to extend my lease without success. Can I apply to the Leasehold Valuation Tribunal? Can you recommend a High Holborn conveyancing firm to assist?
Most definitely. 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 residence 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 related to 1 flat. The unexpired residue of the current lease was 66.8 years.