My wife and I are soon to exchange buying a house in Finsbury but as a result of damage from a small fire at the property I have managed to agree compensation from the seller in the sum of six thousand pounds by way of a reduction in the price. I had intended this to be addressed as part of a side agreement but Yorkshire BS are not allowing this. Should they have been informed?
Your conveyancer being on a Yorkshire BS conveyancing panel is obliged to advise Yorkshire BS of any variations to the purchase price. If you prohibit your solicitor to report the price change to Yorkshire BS then they would have to discontinue acting for you. In addition, Yorkshire BS and you would have to appoint a new solicitor for your conveyancing in Finsbury.
We are buying a flat and require a conveyancing solicitor in Finsbury who is on the Clydesdale solicitor panel. Can you recommend a local solicitor?
Our service is limited to being a directory service for firms who wish to be listed as being on the approved conveyancing panel for Clydesdale . We don't recommend any particular firms conducting conveyancing in Finsbury.
I require fast conveyancing in Finsbury as I have pressure to complete within 4 weeks. Thankfully I do not need a mortgage. Can I avoid the conveyancing searches to save fees and time?
If.Given you are are a cash buyer you have the choice not to have searches conducted although no lawyer would recommend that you don't. With lots of history conveyancing in Finsbury the following are instances of what can be revealed and therefore impact market value: Refused Planning Applications, Overdue Fees, Outstanding Grants, Railway Schemes,...
I am buying a new build apartment in Finsbury. Conveyancing is necessary evil at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build conveyancing.
Here are examples of a few leasehold new build enquiries that you should expect your new-build leasehold conveyancing in Finsbury
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The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme. Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? Where there is an Undertaking being granted there is the risk of forfeiture of the Headlease subject to relief if one or more of the Underlessees are willing to accept the original Head Lessee’s obligations as otherwise relief will be denied to the Underlessees. The only alternatives are the Head Lessor agreeing not to forfeit the Headlease or the Head Lessee guaranteeing to the Underlessees that it will not be in breach of the Headlease. Where service of notices and proceedings can be at the property demised please confirm that this can be amended to include simultaneous services at the Lessees’ solicitors’ offices where the Lessee from time to time is not resident in the UK - such solicitors may be varied by notice in writing to the Landlord from time to time but otherwise will be as previously specified. Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose?
As co-executor for the will of my grandfather I am selling a residence in Swansea but live in Finsbury. My solicitor (who is 260 miles awayneeds me to sign a stat dec prior to the transaction finalising. Could you suggest a conveyancing lawyer in Finsbury to witness this legal document for me?
Technically speaking you should not be required to have the documents witnessed by a conveyancing solicitor. Ordinarily or notary public or solicitor will be fine regardless of whether they are based in Finsbury
I’m about to sell my ground floor apartment in Finsbury. Conveyancing has not commenced, but I have just received a yearly service charge invoice – Do I pay up?
Your conveyancing lawyer is likely to suggest that you should pay the maintenance contribution as usual given that all ground rent and maintenance invoices will be allotted on completion, so you will be reimbursed by the purchaser for the period running from after the completion date to the subsequent invoice date. Most management companies will not acknowledge the buyer unless the service charges have been paid and are up to date, so it is important for both buyer and seller for the seller to show that they are up to date. Having a clear account will assist your cause and will leave you no worse off financially.
Having spent months of negotiations we are unable to agree with our landlord on how much the lease extension should cost for our flat in Finsbury. Does the Leasehold Valuation Tribunal have jurisdiction to calculate the appropriate figures?
Most definitely. We are happy to put you in touch with a Finsbury conveyancing firm who can help.
An example of a Lease Extension matter before the tribunal for a Finsbury flat 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 related to 1 flat. The unexpired lease term was 66.8 years.