I am buying a victorian detached house in Primrose Hill. Our aim is to carry out a loft conversion at the house.Will legal investigations on the property involve checks to see if these works were previously refused?
Your solicitor will check the registered title as conveyancing in Primrose Hill will on occasion reveal restrictions in the title deeds which restrict categories of changes or need the permission of a 3rd party. Many works call for local authority planning permissions and approval under the building regulations. Some areas are designated conservation areas and special planning restrictions apply which often prevent or affect extensions. It would be wise to check these things with a surveyor ahead of any purchase.
My solicitor has informed me that defective lease insurance is necessary on my purchase. What is the typical level of cover needed for conveyancing in Primrose Hill?
The appropriate level of defective lease indemnity insurance depends on your lender. It would differ for example between Lloyds TSB Bank and The Mortgage Works. Conveyancing solicitors as opposed to borrowers take out such insurances.
Is it the case that all Primrose Hill CQS (Conveyancing Quality Scheme) solicitors are on the Lloyds conveyancing list of approved practices?
Some major banks and building societies now make use of CQS as the kick off point for Panel approval such as HSBC and Santander. The Law Society’s CQS membership however gives no guarantee to lender panel acceptance. That being said,the Council of Mortgage Lenders have indicated that it is likely to become a pre-requisite for firms wishing to remain on their approved list of firms.
Just had an offer accepted on a new build flat in Primrose Hill. Conveyancing is daunting at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build legal work.
Set out below is a sample of a few leasehold new build enquiries that you can expect your new-build leasehold conveyancing in Primrose Hill
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Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose? Please supply evidence that the form of Lease proposed has been approved by the Land Registry. There must be mutual enforceability of lessee’s covenants. Forfeiture - bankruptcy or liquidation must not apply under this provision. If there are lifts in the building, please confirm that the owners of flats on the ground and basement floors will not be required to contribute towards the cost of maintenance and renewal.
I've recently found out that there is a flying freehold issue on a property I have offered on last month in what was supposed to be a straight forward, chain free conveyancing. Primrose Hill is where the house is located. Can you shed any light on this issue?
Flying freeholds in Primrose Hill are not the norm but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Primrose Hill you would need to get your solicitor to go through the deeds thoroughly. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Primrose Hill may decide that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold residence.
I am downsizing from my house. My past conveyancers have shut. I would be grateful for any recommendation of a conveyancing firm. I happen to live in Primrose Hill if that makes a difference.
Please use our search tool to help you choose a solicitor for your conveyancing in Primrose Hill. We have connected thousands of home buyers and sellers with regulated solicitors to ensure that the legalities of their house move goes with a minimum of fuss.
Our conveyancer has advised that he intends to complete and exchange simultaneously on the sale of our £375,000 apartment in Primrose Hill in just under a week. The management company has quoted £396 for Landlord’s certificate, building insurance schedule and 3 years service charge statements. Is the landlord entitled to charge exorbitant fees for a flat conveyance in Primrose Hill?
Primrose Hill conveyancing on leasehold flats usually requires the purchaser’s conveyancer sending questions for the landlord to address. Although the landlord is not legally bound to answer these enquiries most will be willing to do so. They may charge a reasonable administration fee for responding to enquiries or supplying documentation. There is no set fee. The average fee for the information that you are referring to is over three hundred pounds, in some situations it is above £800. The administration charge invoiced by the landlord must be accompanied by a synopsis of rights and obligations in relation to administration fees, otherwise the invoice is technically not due. Reality however dictates that one has no choice but to pay whatever is requested of you should you wish to exchange contracts with the buyer.
My wife and I have hit a brick wall in trying to purchase the freehold in Primrose Hill. Can the Leasehold Valuation Tribunal adjudicate on premiums?
if there is a absentee landlord or where there is dispute about what the lease extension should cost, under the Leasehold Reform, Housing and Urban Development Act 1993 you can apply to the LVT to assess the premium.
An example of a Lease Extension case for a Primrose Hill premises is Flat 2 27 Mackeson Road in December 2012. The Tribunal assessed the value of the lease extension premium at £35,435 and rounded the figure to £35,500 This case was in relation to 1 flat. The remaining number of years on the lease was 64.77 years.
Am in the process of purchasing my 1st home in Primrose Hill. Conveyancing solicitor has been instructed. The mortgage adviser pointed out that a survey is not needed as the house was only built in 2001.
At the very least you should have a Home Buyer's Report. As the residence was constructed over a decade ago the property will not benefit from a warranty, so you would be well advised not to take a risk. For a property that age with no signs of defects a Home Buyer's report could suffice. They will highlight any apparent problems and recommend further investigation if relevant. If there are any indications of problems seek a full Building Survey from the beginning.