My partner and I are acquiring a new build apartment in Hackney and my lawyer is informing me that she has to the lender to reveal incentives from the seller. I am nearing the developer’s deadline to sign contracts and I would rather not delay matters. Is my lawyer right?
You should not exchange unless you have been advised to do so by your solicitor. A precondition to being on a bank panel is to comply with the UK Finance Lenders’ Handbook requirements. The CML Conveyancing Handbook requires that your lawyer have the appropriate Disclosure of Incentive form completed by the developer and accepted by your lender.
We see that you have a post code search directory identifying firms on the Principality conveyancing panel. Do firms pay you a referral fee if I retain them for our own conveyancing in Hackney?
We are a listing service only for law firms wishing to communicate if they are on the Principality conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Hackney.
I am planning on selling our property in Hackney and the buyers lawyers are claiming that there is a risk of it being built on contaminated land. A local lawyer would know this is not the case. It does beg the question why the purchasers used a nationwide conveyancing practice as opposed to a conveyancing solicitor in Hackney. Having lived in Hackney for 5 years we know of no issue. Do we get in touch with our local Authority to get confirmation that there is no issue.
It would appear that you have a conveyancing lawyer currently acting for you. Are they able to advise? You need to check with your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out life insurance to cover that same ailment)
My uncle has suggested that I appoint his lawyers for conveyancing in Hackney. Do I follow his recommendation?
No doubt the ideal way to select a conveyancing solicitor is to seek guidance from friends or relatives who have used the solicitor that you are are thinking of instructing.
I have recently realised that I have 62 years unexpired on my flat in Hackney. I need to extend my lease but my freeholder is missing. What should I do?
If you qualify, under the Leasehold Reform, Housing and Urban Development Act 1993 you can submit an application to the County Court for for permission to dispense with the service of the initial notice. This will enable the lease to be granted an extra 90 years by the magistrate. However, you will be required to prove that you have done all that could be expected to find the freeholder. In some cases a specialist would be useful to try and locate and to produce a report to be used as proof that the landlord can not be located. It is advisable to get professional help from a property lawyer in relation to proving the landlord’s disappearance and the vesting order request to the County Court covering Hackney.
I have attempted and failed to negotiate with my landlord to extend my lease without getting anywhere. Can I make an application to the Leasehold Valuation Tribunal? Can you recommend a Hackney conveyancing firm to assist?
Most certainly. We can put you in touch with a Hackney conveyancing firm who can help.
An example of a Freehold Enfranchisement case for a Hackney premises is 150 Amhurst Road in December 2013. The tribunal concluded that the premium to be paid by the applicant for the enfranchisement of the subject property was £43,500. This case was in relation to 4 flats. The unexpired lease term was 90 (or thereabouts).
What are my options where I am not happy with the property lawyer who conducted my conveyancing in Hackney?
We live in an imperfect world, and unfortunately sometimes matters do not go as planned. Nevertheless there is recourse where you were not happy with your conveyancing in Hackney. This varies from trying to resolve matters directly with them, through to reporting a property lawyer to their governing body. If things still aren’t resolved you may consider getting in touch with the Legal Ombudsman.