I have given 2 months notice to my current landlord and have to vacate my rented flat in Chinatown by 6/11/2019. Conveyancing on my purchase has just started. Can I complete in six weeks as don't want to have to move into temporary accommodation?
Generally one should not provide notice for your lease until you have exchanged. Assuming that you have not already done so, notify to your solicitor and request that they cajole the owners lawyers, try to a target completion date that all parties will look towards
It is a dozen years since I purchased my property in Chinatown. Conveyancing lawyers have recently been appointed on the sale but I am unable to find the deeds. Is this a problem?
Don’t worry too much. First the deeds may be retained by the lender or they may be archived with the lawyers who handled the purchase. Secondly in all probability the title will be recorded at the land registry and you will be able to establish that you own the property by your conveyancing lawyers acquiring up to date copy of the land registers. Almost all conveyancing in Chinatown relates to registered property but in the unlikely event that your home is not registered it is more tricky but is not insurmountable.
A relative advised me that if I am buying in Chinatown I should ask my conveyancer to perform a Neighbourhood, Planning and Local Amenity Search. Can you explain what the purpose of this search is?
A search of this type is usually quoted for as part of the standard Chinatown conveyancing searches. It is a large document of about 40 pages, listing and setting out important information about Chinatown around the property and the people living there. It incorporates an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the Chinatown Housing Market, Council Tax Banding, the demographics of People living in the area, the dominant type of Housing, the Average Property Price, Crime statistics, Local Education with maps and statistics, Local Amenities and other useful data concerning Chinatown.
I decided to have a survey completed on a property in Chinatown prior to instructing lawyers. I have been advised that there is a flying freehold element to the house. Our surveyor has said that some lenders will refuse to issue a loan on a flying freehold house.
It varies from the lender to lender. HSBC has different instructions from Nationwide. If you e-mail us we can check via the appropriate bank. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Chinatown. Conveyancing may be slightly more expensive based on your lender's requirements.
Are there any apps to assist me to identify a Chinatown law firm on the Santander conveyancing panel? I have wheels and am happy to travel upto 20kilometers to meet the conveyancer.
Feel free to make use of the tool on this website. Please choose the lender and your location and you will see a number of Chinatown conveyancing lawyers locally. We have listed some Chinatown conveyancing firms at the bottom of this page and you can telephone them to see if they are on the Santander panel
My wife and I purchased a leasehold flat in Chinatown. Conveyancing and Alliance & Leicester mortgage are in place. I have received a letter from someone saying they have taken over the reversionary interest in the property. It included a demand for arrears of ground rent dating back to 1993. The conveyancing solicitor in Chinatown who previously acted has now retired. Do I pay?
The first thing you should do is contact HMLR to make sure that the individual claiming to own the freehold is in fact the registered owner of the freehold reversion. There is no need to instruct a Chinatown conveyancing practitioner to do this as it can be done on-line for £3. Rest assured that regardless, even if this is the legitimate landlord, under the Limitation Act 1980 no more than 6 years of rent can be collected.
I am the proprietor of a two-bedroom flat in Chinatown. Given that I can not reach agreement with the landlord, can the Leasehold valuation Tribunal determine the premium payable for the purchase of the freehold?
in cases where there is a absentee freeholder or where 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 Leasehold Valuation Tribunal to decide the price.
An example of a Freehold Enfranchisement case for a Chinatown residence is 36 New Wanstead in August 2010. The Tribunal arrived at a valuation of the premium for the freehold of £22,359. This case related to 2 flats. The remaining number of years on the lease was 73.92 years.