I am purchasing a house mortgage free in Belsize Park. I have been living for the previous 20 years in Belsize Park. Conveyancing searches are exorbitant. As I have knowledge of the road and vicinity very well should I not bother getting the solicitor to do all the conveyancing searches?
Provided that you do not need a mortgage, then almost all of the Belsize Park conveyancing searches are optional. Your solicitor will 'advise', no-doubt strongly, that you should have searches completed, but he has a professional duty to do this. One thing to consider; if you are going to sell the house in the future, it may be of relevance to your future buyer what the searches contain. There are plenty of instances where premises with day to day issues can still throw up unfavourable search results. A competent conveyancing solicitor in Belsize Park should provide you some sensible advice in this regard.
We are purchasing a house and require a conveyancing solicitor in Belsize Park who is on the RBS solicitor panel. Could you point me in the right direction as regards a conveyancing firm?
Our service is limited to being a directory service for firms who wish to be listed as being on the approved conveyancing panel for RBS . We don't recommend any particular firms conducting conveyancing in Belsize Park.
We're in Belsize Park, First timers buying with a mortgage (lender is TSB , and our lawyer is on the TSB conveyancing panel). How long should the conveyancing process take?
The fact that your lawyer is on the TSB conveyancing panel is a help. It would almost certainly delay matters if they were not. However, no lawyer should guarantee a timeframe for your conveyancing, due to third parties outside of your control such as delays caused by lenders,conveyancing search providers or by the other side’s solicitors. The time taken is often determined by the number of parties in a chain.
Are there restrictive covenants that are commonly picked up during conveyancing in Belsize Park?
Restrictive covenants can be picked up when reviewing land registry title as part of the legal transfer of property in Belsize Park. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
Can you provide any top tips for leasehold conveyancing in Belsize Park with the aim of expediting the sale process?
- A significant proportion of the frustration in leasehold conveyancing in Belsize Park can be avoided if you appoint lawyers as soon as you market your property and request that they start to collate the leasehold information which will be required by the purchasers’ conveyancers. In the event that you altered the property did you need the Landlord’s consent? Have you, for example laid down wooden flooring? Belsize Park leases often stipulate that internal structural changes or laying down wooden flooring calls for a licence from the Landlord approving such works. If you dont have the paperwork in place do not contact the landlord without checking with your solicitor in the first instance. You may think that you are aware of the number of years remaining on your lease but you should verify this via your lawyers. A buyer’s lawyer will be unlikely to recommend their client to proceed with the purchase of a leasehold property the remaining number of years is under 80 years. In the circumstances it is essential at an early stage that you consider whether the lease requires a lease extension. If it does, contact your solicitors before you put your property on the market for sale. Some Belsize Park leases require Landlord’s consent to the sale and approval of the buyers. If this is the case, 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 financially capable of paying 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 service charge figures so that they can pass this information on to the buyers or their lawyers.
I have attempted and failed to negotiate with my landlord to extend my lease without success. Can the Leasehold Valuation Tribunal decide on such issues? Can you recommend a Belsize Park conveyancing firm to represent me?
Most definitely. We can put you in touch with a Belsize Park conveyancing firm who can help.
An example of a Lease Extension decision for a Belsize Park flat is Raised Ground Floor Flat 20 Fitzjohns Avenue in July 2014. the Tribunal decided that the premiums to be paid for new leases in respect of the Raised Ground Floor Flat and the First Floor Flat were to be calculated as: Raised Ground Floor: £765,175.14 First Floor: £601,617.77 This case was in relation to 2 flats. The unexpired term as at the valuation date was 16.83 and 16.43.
My fiance and I are in the market for an affordable conveyancing solicitor in Belsize Park to assist me in selling my home. I am aware of the possibility of getting ripped off but with lots of Belsize Park conveyancing solicitors to choose from...who's the best?
If you’ve never instructed a conveyancing practitioner before, a personal recommendation from family or friends is a preferable starting point and is often the best barometer of quality. Alternatively, view the Law Society’s online list of lawyers in Belsize Park or make the most of our search facility to find a conveyancing solicitor in Belsize Park.