Do the conveyancing lawyers that you recommend conduct right to buy conveyancing in High Holborn?
We have identified a number of conveyancing conveyancers who can conduct right to buy transactions Please get in touch with us with a view to get a conveyancing quote.
Should commercial conveyancing searches disclose planned roadworks that may impact a commercial estate in High Holborn?
Its becoming the norm that commercial conveyancing solicitors in High Holborn will carry out a SiteSolutions Highways report as it dramatically cuts the time that conveyancers spend in sourcing accurate data on highways that impact buildings and development assets in High Holborn. The search result sets out definitive data on the adoption status of roads, footpaths and verges, as well as the implication of traffic schemes and the rights of way surrounding a commercial development sites in High Holborn.
For every commercial conveyancing transaction in High Holborn it is critical to investigate the adoption status of roads surrounding a site. Failure to identify developments where adoption procedures have not been addressed adequately could result in delays to High Holborn commercial conveyancing transactions as well as pose a risk to future plans for the site. These searches are not ordered for residential conveyancing in High Holborn.
I'm buying a new build house in High Holborn with the aid of help to buy. The builders would not reduce the amount so I negotiated £7000 of fixtures and fittings instead. The estate agent advised me not inform my conveyancer about the extras as it may affect my loan with the lender. Do I keep my lawyer in the dark?.
All lenders require a Disclosure of Incentives Form from the developer of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.
Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.
Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.
Due to the encouragement of my in-laws I had a survey completed on a house in High Holborn ahead of appointing lawyers. I have been informed that there is a flying freehold overhang to the property. My surveyor advised that some mortgage companies will not grant a mortgage on this type of house.
It varies from the lender to lender. Santander has different requirements for example to Nationwide. If you e-mail us we can check with the appropriate mortgage company. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in High Holborn. Conveyancing may be slightly more expensive based on your lender's requirements.
I've recently bought a leasehold property in High Holborn. Am I liable to pay service charges relating to a period prior to my ownership?
In a situation where the service charge has already been demanded from the previous lessee and they have not paid you would not usually be personally liable for the arrears. Strange as it may seem, your landlord may still be able to take action to forfeit the lease. A critical element of leasehold conveyancing for your conveyancer to ensure to have an up to date clear service charge receipt before completion of your purchase. If you have a mortgage this is likely to be a requirement of your lender.
If you purchase part way through an accounting year you may be liable for charges not yet demanded even if they relate to a period prior to your purchase. In such circumstances your conveyancer would normally arrange for the seller to set aside some money to cover their part of the period (usually called a service charge retention).
After years of dialogue we cannot agree with our landlord on how much the lease extension should cost for our flat in High Holborn. Can we issue an application to the Residential Property Tribunal Service?
Most certainly. We are happy to put you in touch with a High Holborn conveyancing firm who can help.
An example of a Lease Extension case for a High Holborn property 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 affected 1 flat. The unexpired residue of the current lease was 66.8 years.
Do I cancel my mortgage payments with Co-operative as soon as a completion date for my sale in High Holborn has been set?
No, you should continue meeting any mortgage sums to Co-operative until the mortgage is discharged out of the proceeds of sale as part of your High Holborn conveyancing.