My fiancee and I are buying our first property. Our conveyancing practitioner has contact usto see if we would like to take out extra conveyancing searches. As novices we in the dark as to what's relevant for conveyancing in Dollis Hill
The range of Dollis Hill conveyancing searches depends entirely on the property, the location, the possibility of any of these risks, your knowledge of the area and risks, your general attitude to risk. What matters is that you adequately understand what information the searches could provide. You may then decide if you consider that you need that information. If in doubt, ask the property lawyer to advise.
Various internet forums that I have visited warn that are the number one reason for delay in Dollis Hill house deals. Is this right?
The Council of Property Search Organisations (CoPSO) published findings of research by MoveWithUs that conveyancing searches do not figure within the common causes of hindrances during the legal transfer of property. Local searches are not likely to feature in any slowing down conveyancing in Dollis Hill.
I have recentlydiscovered that Arc property Solicitors have closed. They conducted my conveyancing in Dollis Hill for a purchase of a leasehold flat 9 months ago. How can I establish that my home is registered correctly in the name of the previous owner?
The easiest method to see if the premises is registered to you, you can carry out a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Dollis Hill conveyancing specialists.
I decided to have a survey completed on a property in Dollis Hill prior to appointing solicitors. I have been advised that there is a flying freehold overhang to the property. My surveyor advised that some banks tend refuse to grant a loan on this type of property.
It depends who your proposed lender is. Bank of Scotland has different requirements for example to Birmingham Midshires. If you contact us we can check via the appropriate bank. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Dollis Hill. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Dollis Hill to see if the conveyancing will be more expensive.
Taking into account that I will soon spend over three hundred thousand on a house in Dollis Hill I wish to have a conversation with the lawyer concerning theconveyancing prior to giving the go ahead to the firm. Is this something that you can arrange?
This is something that we recommend - it is our preference to talk to you we do not take any clients on without you speaking to the lawyer due to be doing your conveyancing in Dollis Hill.There is no ‘factory style conveyancing’ - every client is an important person, not a file number. The practices that we put you in touch with believe that the figure you are provided with for residential conveyancing in Dollis Hill should be the figure that you end up paying.
I've recently bought a leasehold property in Dollis Hill. Do I have any liability for service charges relating to a period prior to completion of my purchase?
In a situation where the service charge has already been demanded from the previous owner and they have not paid you would not usually be personally liable for the arrears. However, your landlord may still be able to take action to forfeit the lease. A critical element of leasehold conveyancing for your conveyancer to ensure to have an up to date clear service charge receipt before completion of your purchase. If you have a mortgage this is likely to be a requirement of your lender.
If you purchase part way through an accounting year you may be liable for charges not yet demanded even if they relate to a period prior to your purchase. In such circumstances your conveyancer would normally arrange for the seller to set aside some money to cover their part of the period (usually called a service charge retention).
I have had difficulty in trying to purchase the freehold in Dollis Hill. Can this matter be resolved via the Leasehold Valuation Tribunal?
if there is a missing freeholder or if there is dispute about what the lease extension should cost, under the relevant legislation you can apply to the Leasehold Valuation Tribunal to decide the premium.
An example of a Lease Extension decision for a Dollis Hill premises is 12 Deacon Road in November 2012. the premium to be paid for the grant of the new lease was the sum of £31 ,635.00 (Thirty-One thousand and six hundred and thirty-five Pounds). The matter was then returned to the Willesden County Court for the completion of the grant of the new lease in substitution for the existing lease on payment into court the sum of £31,635.00 less the sum of £2,890.20 assessed costs incurred by the leaseholder. Thus the net sum of £28,744.80 was to be paid into court. This case affected 1 flat. The number of years remaining on the existing lease(s) was 61.98 years.