It is is a decade since I purchased my property in Kensal Rise. Conveyancing lawyers have recently been instructed on the sale but I am unable to track down my deeds. Is this a major issue?
Don’t worry too much. Firstly there is a chance that the deeds will be with the lender or they may be archived with the conveyancers who oversaw your purchase. Secondly in most cases the property will be registered at the land registry and you will be able to establish that you own the property by your conveyancing solicitors obtaining current official copies of the land registers. Nearly all conveyancing in Kensal Rise relates to registered property but in the unlikely event that your home is unregistered it adds to the complexity but is not insurmountable.
My grandmother passed away 10 months ago and as sole heir and executor I was left the property in Kensal Rise. The house had a relatively small loan remaining of approximately £8000. I want to have the title changed into my name whilst I re-mortgage to Nottingham, pay off the mortgage. Is this possible?
If you intend to refinance then Nottingham will require that you use a conveyancer on the Nottingham 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 Nottingham 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 Nottingham mortgage is registered as a charge at the Land Registry.
I have been on the look out for a flat up to £305k and identified one close by in Kensal Rise I like with a park and railway links nearby, the downside is that it's only got 52 remaining years left on the lease. There is not much else in Kensal Rise in this price bracket, so just wondered if I would be making a mistake acquiring a short lease?
Should you need a mortgage the remaining unexpired lease term may be problematic. Discount the price by the anticipated lease extension will cost if not already taken into account. If the existing proprietor has owned the premises for at least 2 years you can ask them to start the process of the extension and then assign it to you. An additional ninety years can be extended on to the existing lease and have £0 ground rent by law. You should consult your conveyancing lawyer about this matter.
How do I use your search facility to find a conveyancing practitioner in Kensal Rise on the authorised to act for my mortgage?
First choose a lender such as Accord Mortgages Ltd, Leeds Building Society or TSB then choose your location e.g. Kensal Rise. Conveyancing practices in Kensal Rise and beyond should be shown.
I am 17 days into a residential purchase having been referred to solicitors by the local agent to handle our conveyancing in Kensal Rise. I am am very frustrated with the level of service. Can you you assist me in finding new solicitors?
A conveyancer would have to be very poor to suggest diss instructing them. Has the mortgage been sent? If so you will need to advise them of the new contact details and get the offer are issued to the new lawyers. Your new conveyancer should be on the banks approved list to avoid added expenses and delays. That should be your starting point. Our search tool can assist you in finding a lender approved lawyer for your home move in Kensal Rise
I have recently realised that I have Fifty years remaining on my flat in Kensal Rise. I am keen to extend my lease but my freeholder is can not be found. What should I do?
On the basis that you meet the appropriate requirements, under the Leasehold Reform, Housing and Urban Development Act 1993 you can submit an application to the County Court for an order to dispense with the service of the initial notice. This will mean that your lease can be granted an extra 90 years by the Court. However, you will be required to demonstrate that you have used your best endeavours to locate the freeholder. On the whole an enquiry agent may be useful to try and locate and to produce an expert document which can be used as evidence that the landlord can not be located. It is wise to seek advice from a solicitor both on investigating the landlord’s disappearance and the application to the County Court covering Kensal Rise.
I am the registered owner of a ground floor flat in Kensal Rise. In the absence of agreement between myself and the landlord, can the Leasehold valuation Tribunal determine the amount due for the purchase of the freehold?
Where there is a missing landlord or if there is dispute about what the lease extension should cost, under the relevant statutes you can apply to the Leasehold Valuation Tribunal to arrive at the price.
An example of a Lease Extension decision for a Kensal Rise premises is 85A Chevening Road in August 2013. the Tribunals conclusions resulted in a payment of a premium for the new lease in the sum of £11,211 This case affected 1 flat. The unexpired term was 84.34 years.