I have given 2 months notice to my current landlord and have to vacate my let out apartment in King's Cross by the end of next month. Conveyancing on my purchase has just started. Can I complete in 4 weeks as I wish to avoid having to move into temporary accommodation?
It is unwise to provide notice on a rental unless you have exchanged. If you have not previously done so, speak to your conveyancer and request that they chase the owners solicitors, try to get a realistic time scale from them that everyone will look to achieve
My uncle passed away six months ago and as sole heir and executor I was left the property in King's Cross. The house had a relatively small loan remaining of approximately £4500. I want to transfer the title deeds into my name whilst I re-mortgage to Clydesdale, pay off the mortgage. Is this possible?
Given you intend to re-mortgage then Clydesdale will require that you use a conveyancer on the Clydesdale conveyancing panel. Here is link to the Land Registry online guidance around what to do when a property owner dies. This will help you to understand the registration process behind changing the details re the registered title. in your case it would appear that you are effectively purchasing the property from the estate. Your Clydesdale conveyancing panel solicitor pays the new mortgage money into the estate, the estate pays off the old mortgage, the charge is released and you become the owner and the Clydesdale mortgage is registered as a charge at the Land Registry.
I have been on the look out for a leasehold apartment up to £245,000 and identified one round the corner in King's Cross I like with open areas and railway links in the vicinity, the downside is that it's only got 52 years unexpired on the lease. I can't really find anything else in King's Cross in this price bracket, so just wondered if I would be making a mistake acquiring a short lease?
If you require a mortgage the shortness of the lease will likely be problematic. Reduce the offer by the amount the lease extension will cost if it has not already been discounted. If the current owner has owned the property for at least 2 years you can request that they commence the lease extension formalities and then assign it to you. An additional ninety years can be extended on to the current lease term with a zero ground rent applied. You should speak to your conveyancing lawyer about this.
Are there any apps to assist me to locate a King's Cross solicitor on the Lloyds TSB Bank conveyancing panel? I have wheels and am willing to travel upto 20kilometers to meet the solicitor.
Feel free to make use of the facility on this page. Please select a lender and your location and you will see a number of King's Cross conveyancing lawyers located nearest you. We have detailed some King's Cross conveyancing firms at the bottom of this page and you can ring them to verify whether they are on the Lloyds TSB Bank approved list
We are a couple of weeks into a leasehold purchase having been referred to solicitors by the high street agent to handle our conveyancing in King's Cross. I am am starting to be frustrated with the quality of service. Could you you assist me in finding new lawyers?
A conveyancer would have to be very poor in order to consider replacing them. Has your loan offer been issued? If so you need to inform them of the new lawyer and get the offer are re-issued. Your new solicitor ideally needs to be on the banks panel to avoid escalating fees and delays. That should be your starting point. The search tool should help you find a lender approved lawyer for your conveyancing in King's Cross
As a leasehold owner I am liable for a service charge for my appartment in King's Cross. Due to redundancy and other issues I fell into arrears with remittance. The managing agents agreed a settlement plan but there is still around £3000 currently due.
I want to sell and I am nervous that this will jeopardize the sale if I have to discharge the arrears in advance. Do I have to settle before - is this viable?
The conveyancer dealing with your King's Cross sale will hopefully be in a position to negotiate with the management company, with a new to seeing if they would accept settlement out of the completion monies. Here is an example of why it is sensible to use a solicitor in King's Cross as they may well have an established relationship with the parties.