I'm the single recipient of my late father’s estate and I have everything in my name now, including the house in Seven Sisters. Conveyancing formalities meant that the Land Registry date was in December. I want to move. I do know about the Mortgage Lenders 6 month 'rule', which means that my property ownership will be considered the same way as though I had purchased the house in December. Do I have to wait half a year to sell?
The Council of Mortgage Lenders’ handbook obliges conveyancers to: "report to us immediately if the owner or registered proprietor has been registered for less than six months." By the strict wording you could be affected by that. Most lenders would take a sensible view as this obligation principally exists to pick up on subsales or the wholesaling and assigning of properties.
We previously selected solicitors based in Seven Sisters on the Kent Reliance solicitor approved list. They have just billed me a separate charge for the legal aspects of the Kent Reliance mortgage. Is this a supplemental conveyancing fee set by Kent Reliance?
Provided it is contained in their Terms and Conditions or Quote then yes your conveyancing practitioner may levy a fee for this. The fee is not dictated by Kent Reliance but by your Seven Sisters conveyancing practitioner. Plenty of firms on the Kent Reliance panel will levy an ‘acting for lender’ fee but many firms include it on their overall fee.
My wife and I are in the throws of looking at flats in Seven Sisters and I am now considering a potential offer. Should I already have a solicitor in place at this point? I am planning to take a home loan with RBS.
You should start obtaining conveyancing quotes from solicitors ASAP. Once you decide who you want to use and once your offer is accepted you can instruct them to work for you and pass their details on to the estate agent. Given that you are obtaining a mortgage with RBS, make sure you remember to check that your lawyer is on the RBS conveyancing panel.
I am selling our home in Seven Sisters and according to the buyers it appears that there is a possibility that the property was constructed on contaminated land. Any high street Seven Sisters conveyancer would know that there is no such problem. For the life of me I don't know why the buyers instructed an online conveyancing outfit as opposed to a conveyancing solicitor in Seven Sisters. We have lived in Seven Sisters for three years we know of no issue. Is it a good idea to contact our local Authority to obtain clarification need.
It would appear that you have a conveyancing firm already. What do they say? You should enquire of your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out life insurance to cover that same ailment)
I acquired my apartment on 9 July and the transaction details is not yet registered. Need I be worried? My conveyancing solicitor in Seven Sisters expressed confidence that it will be concluded inside ten days. Are properties in Seven Sisters uniquely lengthy to register?
As far as conveyancing in Seven Sisters is concerned, registration is no faster or slower than the rest of the country. Rather than based on location, timeframes can adjust depending on who lodges the application, whether there are errors and whether the Land registry have to notify any other persons or bodies. Currently approximately 80% of submission are completed in less than three weeks but occasionally there can be longer delays. Historically registration is effected after the purchaser is living at the premises thus registration formalities is not typically primary concern but if there is a degree of urgency associated with the registration then you or your conveyancer should communicate with the Registry to express the reasoning for an expedited registration.
I've recently found out that there is a flying freehold issue on a property I put an offer in a fortnight ago in what was supposed to be a simple, chain free conveyancing. Seven Sisters is the location of the property. Is there any guidance you can give?
Flying freeholds in Seven Sisters are rare but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Seven Sisters you must be sure that your lawyer goes through the deeds very carefully. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Seven Sisters may ascertain 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 property.
I am downsizing from my property. My previous lawyers closed down. It would be helpful to have a recommendation of a conveyancing firm. Im based in Seven Sisters if that makes a difference.
Please use our search tool to help you choose a solicitor for your conveyancing in Seven Sisters. We have connected thousands of home buyers and sellers with regulated solicitors to ensure that the legalities of their house move runs smoothly.
I would like to let out my leasehold apartment in Seven Sisters. Conveyancing solicitor who did the purchase is retired - so can't ask her. Do I need to ask my freeholder for permission?
Some leases for properties in Seven Sisters do contain a provision to say that subletting is only allowed with permission. The landlord is not entitled to unreasonably refuse but, in such cases, they would need to review references. Experience suggests that problems are usually caused by unsatisfactory tenants rather than owner-occupiers and for that reason you can expect the freeholder to take up the references and consider them carefully before granting consent.
I have attempted and failed to negotiate with my landlord for a lease extension without any joy. Can I apply to the Leasehold Valuation Tribunal? Can you recommend a Seven Sisters conveyancing firm to represent me?
Most certainly. We are happy to put you in touch with a Seven Sisters conveyancing firm who can help.
An example of a Freehold Enfranchisement matter before the tribunal for a Seven Sisters premises is 22 Wakefield Road in January 2012. Following a vesting order Clerkenwell and Shoreditch County Court under section 26 of the Leasehold Reform,Housing and Urban Development Act 1993 on 9th May 2011 the Tribunal decided that the price that the Applicant for the freehold interest should pay is £17,400 This case related to 2 flats. The unexpired term was 74.13 years.