We are buying our first house. The conveyancer has messagedto enquire if we want to order supplemental conveyancing searches. As novices we in the dark as to what's recommended for conveyancing in Clerkenwell
The extent of Clerkenwell conveyancing searches depends entirely on the property, the location, the possibility of any of these risks, your knowledge of the region and risks, your general approach to risk. What is important is that you properly understand what information the searches could provide. You may then make a decision if you personally think you need that search. If uncertain, ask your lawyer to recommend.
I just bought a house at auction in Clerkenwell. Conveyancing is required. What are my next steps?
Having legally bound yourself to purchase you must choose a conveyancing practitioner as a matter of urgency as you now have a pending deadline in which to complete the deal. All auction property will have a bespoke auction set of papers. This should include most,if not all of the paperwork that your solicitor requires. Where you are dealing with leasehold property the legal pack should include a copy of the lease, management information and a sellers leasehold information form and associated conveyancing paperwork relating to leasehold premises. You should give this to your appointed conveyancing solicitor as soon as possible. You also need to ensure that that you have the requisite funding organised to complete the transaction on the set completion date.
We are getting the release of further monies on our home loan from Clydesdale as we want to carry out improvements to our home in Clerkenwell. Are we obliged to appoint a local Clerkenwell solicitor on the Clydesdale conveyancing panel to deal with the paperwork?
Clydesdale don't usually appoint firms on their approved list of lawyers to deal with the formalities. If they do require any legal work then you would need to ensure that such a lawyer was on the Clydesdale conveyancing panel.
My offer was accepted on an apartment in Clerkenwell on 28/4/2025, valuation was booked 3 days after, all came back fine. Property lawyer retained, so all that was missing was my mortgage offer. Having made daily calls to Clydesdale and chasing them on my offer, I have now been told that my offer will not be issued unless the lawyer is on the Clydesdale conveyancing panel. Are Clydesdale entitled to hold back the Mortgage pending the lawyer being on the approved list?
A lender would not issue an offer until they have details of a lawyer on their panel. It can take a few weeks for Clydesdale to deal with your lawyer's application to be on the Clydesdale conveyancing panel. There's no guarantee that your solicitor will be accepted.
The estate agent has sent us the confirmation of our purchase of a new build flat in Clerkenwell. Conveyancing is a frightening process at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build conveyancing.
Set out below are examples of a selection of leasehold new build enquiries that you can expect your new-build leasehold conveyancing in Clerkenwell
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Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? The Vendor must covenant to keep unsold units in good repair until long leases are granted therefore. Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier? Please confirm the Lease plans are surveyor prepared.
I've recently found out that there is a flying freehold issue on a property I put an offer in a fortnight ago in what should have been a simple, no chain conveyancing. Clerkenwell is where the house is located. What do you suggest?
Flying freeholds in Clerkenwell are unusual but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Clerkenwell you would need to get your solicitor to go through the deeds very carefully. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Clerkenwell 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.
Am I best advised to appoint a Clerkenwell conveyancing lawyer in close proximity to the house I am purchasing? I have an old university friend who can execute the legal formalities but they are based 400kilometers drive away.
The benefit of a high street Clerkenwell conveyancing firm is that you can attend the office to execute documents, hand in your ID and pester them where appropriate. Having local Clerkenwell know how is a plus. That being said it's more important to get someone that will do a good and efficient job. If you know people who instructed your friend and the majority were impressed that should outweigh using an unknown Clerkenwell conveyancing lawyer solely due to them being Clerkenwell based.
I am tempted by the attractive purchase price for a two apartments in Clerkenwell which have about fifty years unexpired on the lease term. should I be concerned?
There are plenty of short leases in Clerkenwell. The lease is a right to use the premises for a period of time. As a lease shortens the saleability of the lease decreases and results in it becoming more costly to extend the lease. This is why it is advisable to extend the lease term. More often than not it is difficult to sell a property with a short lease because mortgage lenders may be unwilling to lend money on such properties. Lease extension can be a difficult process. We advise that you seek professional help from a conveyancer and surveyor with experience in this arena.
I have tried to negotiate informally with with my landlord to extend my lease without any joy. Can one make an application to the Leasehold Valuation Tribunal? Can you recommend a Clerkenwell conveyancing firm to assist?
Where there is a missing freeholder or if there is dispute about the premium for a lease extension, under the relevant statutes you can apply to the Leasehold Valuation Tribunal to decide the price payable.
An example of a Lease Extension matter before the tribunal for a Clerkenwell property is Flat 89 Trinity Court Grays Inn Road in February 2013. the Tribunal found that the premium to be paid by the tenant on the grant of a new lease, in accordance with section 56 and Schedule 13 to the Leasehold Reform, Housing and Urban Development Act 1993 should be £36,229. This case was in relation to 1 flat. The remaining number of years on the lease was 66.8 years.