We are looking to buy a property and need a conveyancing solicitor in Barons Court who is on the Kent Reliance approved 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 Kent Reliance . We don't recommend any particular firms conducting conveyancing in Barons Court.
A relative recommended that where I am buying in Barons Court I should carry out a Neighbourhood, Planning and Local Amenity Search. Can you explain what the purpose of this search is?
A search of this type is sometimes quoted for as part of the standard Barons Court conveyancing searches. It is not a small document of more than thirty pages, listing and detailing important information about Barons Court around the property and the people living there. It includes an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the Barons Court Housing Market, Council Tax Banding, the type of People living in the area, the dominant type of Housing, the Average Property Price, Crime details, Barons Court Education with maps and statistics, Local Amenities and other useful data regarding Barons Court.
I am purchasing my first flat in Barons Court with the aid of help to buy. The sellers refused to move on the amount so I negotiated £7000 of extras instead. The sale representative advised me not disclose to my lawyer about the extras as it may put at risk my mortgage with the bank. Do I keep my lawyer in the dark?.
All lenders require a Disclosure of Incentives Form from the developer of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.
Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.
Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.
Yesterday I discovered 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, no chain conveyancing. Barons Court is the location of the property. Can you shed any light on this issue?
Flying freeholds in Barons Court are not the norm but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Barons Court you would need to get your solicitor to go through the deeds diligently. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Barons Court 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 premises.
After years of correspondence we are unable to agree with our landlord on how much the lease extension should cost for our flat in Barons Court. Can we issue an application to the Residential Property Tribunal Service?
if there is a absentee freeholder or where there is disagreement about the premium for a lease extension, under the Leasehold Reform, Housing and Urban Development Act 1993 you can apply to the Leasehold Valuation Tribunal to assess the sum to be paid.
An example of a Freehold Enfranchisement matter before the tribunal for a Barons Court residence is 19 Crisp Road in June 2009. Following a vesting order (Under section 26 of the Leasehold Reform,Housing and Urban Development Act 1993) The tribunal determined that the premium payable for the acquisition of the freehold was £33,756,apportioned as to£12,285 for the lower at and £21,471for the upper fat. This case affected 2 flats. The remaining number of years on the lease was 68.32 years.
Are there common problems that you come across in leases for Barons Court properties?
There is nothing unique about leasehold conveyancing in Barons Court. Most leases are individual and drafting errors can result in certain clauses are missing. The following missing provisions could result in a defective lease:
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A provision to repair to or maintain elements of the building
A defective lease can cause problems when trying to sell a property primarily because it impacts on the ability to obtain a mortgage on the property. Yorkshire Building Society, Bank of Scotland, and Bank of Ireland all have express requirements when it comes to what is expected in a lease. If a mortgage lender believes that the lease is problematic they may refuse to grant the mortgage, forcing the buyer to pull out.
I have today placed an offer on a leasehold flat in Barons Court and the broker that we are using suggested his lawyer. They quoted £1000 plus VAT and disbursements. Does this sound reasonable?
You should not rely on a single quote. You should obtain like-for-like quotes for your conveyancing in Barons Court. Then select one that you are comfortable with and just as important, is on the approved list of the bank that you have applied for a mortgage from.