Finally the sale completed on my house in Tufnell Park last August yet the purchaser is Skype messaging me to say his conveyancer needs to hear from mysolicitor. What are the post completion sale formalities following completion?
Post completion of your house sale your solicitor should forward the transfer deeds and all additional paperwork to the buyer’s conveyancer. If applicable, your conveyancer must also evidence that the home loan has been paid off to the buyers lawyers. There are no post completion tasks just for conveyancing in Tufnell Park.
My relative suggested that if I am buying in Tufnell Park I should carry out a Neighbourhood, Planning and Local Amenity Search. Can you explain what the purpose of this search is?
This is a search is usually included in the estimate for your Tufnell Park conveyancing searches. It is not a small report of about 40 pages, listing and setting out significant information about Tufnell Park around the property and the people living there. It incorporates an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the local Housing Market, Council Tax Banding, the demographics of People living in the area, the dominant type of Housing, the Average Property Price, Crime details, Local Education with plans and statistics, Local Amenities and other useful data concerning Tufnell Park.
Me and my brother purchased a terraced Victorian house in Tufnell Park. Conveyancing solicitor represented me and Barnsley Building Society. I did a free Land Registry search last week and there are a couple of entries: the first freehold, another for leasehold with the exact same address. I'd like to know for sure, how can I find out??
You need to review the Freehold register you have again and check the Charges Register for mention of a lease. The best way to be sure that you are also the registered owner of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Tufnell Park and other locations in the country and poses no real issues for owners other than when they buy they have to account for both freehold and leasehold interests when dealing with purchasers. You can also question the situation with your conveyancing practitioner who carried out the work.
Due to the encouragement of my in-laws I had a survey completed on a property in Tufnell Park before retaining solicitors. I have been advised that there is a flying freehold overhang to the house. My surveyor advised that some mortgage companies may not grant a loan on such a home.
It varies from the lender to lender. HSBC has different instructions for example to Birmingham Midshires. If you contact us we can investigate further with the relevant lender. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Tufnell Park. Conveyancing may be slightly more expensive based on your lender's requirements.
As co-executor for the estate of my father I am selling a residence in Newport but reside in Tufnell Park. My solicitor (who is 260 miles awayrequires that I sign a stat dec ahead of completion. Could you suggest a conveyancing lawyer in Tufnell Park to attest and place their company stamp on the document?
strictly speaking you are not likely to need to have the documents witnessed by a conveyancing solicitor. Normally or notary public or solicitor will suffice regardless of whether they are located in Tufnell Park
Do you have any advice for leasehold conveyancing in Tufnell Park from the perspective of speeding up the sale process?
- A significant proportion of the delay in leasehold conveyancing in Tufnell Park can be reduced if you instruct lawyers as soon as you market your property and ask them to collate the leasehold information which will be required by the buyers’ representatives. In the event that you altered the property did you need the Landlord’s consent? Have you, for example installed wooden flooring? Most leases in Tufnell Park state that internal structural alterations or addition of wooden flooring require a licence from the Landlord acquiescing to such alterations. Should you dont have the approvals to hand you should not contact the landlord without contacting your conveyancer in advance. The majority of freeholders or managing agents in Tufnell Park levy fees for providing management packs for a leasehold premises. You or your lawyers should discover the actual amount of the charges. The management information can be applied for on or before finding a buyer, thus accelerating the process. The average time it takes to obtain the necessary information is three weeks. It is the most usual cause of delay in leasehold conveyancing in Tufnell Park. Some Tufnell Park leases require Landlord’s consent to the sale and approval of the buyers. If this applies to your lease, you should notify your estate agents to make sure that the purchasers obtain bank and professional references. Any bank reference will need to confirm that the buyers are able to meet the yearly service charge and the actual amount of the service charge should be quoted in the bank’s letter. You will therefore need to provide your estate agents with the actual amount of the service charge so that they can pass this information on to the buyers or their lawyers. If you have the benefit of shareholding in the Management Company, you should ensure that you are holding the original share certificate. Organising a re-issued share certificate can be a lengthy process and delays many a Tufnell Park home move. If a duplicate share certificate is needed, do contact the company officers or managing agents (if applicable) for this sooner rather than later.
After years of negotiations we are unable to agree with our landlord on how much the lease extension should cost for our flat in Tufnell Park. Can we issue an application to the Residential Property Tribunal Service?
in cases where there is a missing landlord or if 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 calculate the premium.
An example of a Lease Extension decision for a Tufnell Park property 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 unexpired term was 64.77 years.