I have given 8 weeks notice to my existing landlord and have to vacate my rented property in Highams Park by the end of next month. Conveyancing on my purchase is underway. How realistic is it to complete in 4 weeks as don't want to have to find temporary accommodation?
The normal practice is not to serve notice for your tenancy unless you have exchanged. If you have not previously done so, speak to your solicitor and request that they apply pressure on the other side, try to get a realistic time scale from them that everyone will work towards
I acquired my flat on 4 August and my personal details is not yet registered. Need I be worried? My conveyancing solicitor in Highams Park advises it should be registered in less than a month. Are titles in Highams Park uniquely lengthy to register?
There is nothing unique when it comes to conveyancing in Highams Park registration formalities. As opposed to being determined by geographic area, timescales can vary depending on the party submitting the application, whether there are errors and whether the Land registry must send notices to any interested parties. At present roughly three quarters of submission are fully dealt with within 12 days but occasionally there can be protracted hold-ups. Historically registration takes place after the new owner is living at the property thus an expedited registration is not usually top priority yet where it is urgent that the the registration takes place urgently then you or your lawyers can speak with the land registry and explain the circumstances.
Over the last few months I have been searching for a ground for flat up to £195,000 and identified one close by in Highams Park I like with open areas and railway links in the vicinity, however it's only got 51 remaining years left on the lease. There is not much else in Highams Park in this price bracket, so just wondered if I would be making a grave error purchasing a short lease?
Should you require a home loan the shortness of the lease will be problematic. Discount the price by the amount the lease extension will cost if not already taken into account. If the existing owner has owned the premises for at least 2 years you may request that they start the process of the extension and pass it to you. An additional ninety years can be extended on to the current lease term and have £0 ground rent by law. You should consult your conveyancing lawyer concerning this.
What makes your site different to alternative internet conveyancing solicitors when it comes to conveyancing in Highams Park?
At this site receive an accurate quote from a Solicitor or Licensed Conveyancer that understands the nuances of your conveyancing in Highams Park. Unlike many estate agents and many comparison sites we do not have referral deals with solicitors. Some agents and online brokers 'recommend' solicitors that pays the highest per referral, rather than the best value conveyancing in Highams Park
I am looking for a conveyancing practitioner in Highams Park for my home move. Can I check a firm’s record with the profession’s regulator?
You may review presented Solicitor Regulator Association (SRA) determinations arising from inquisitions from 2008 onwards. Go to Check a solicitor's record. To find details about the period before 1 January 2008, or to check a firm's history, call 0870 606 2555, 08.00 - 18.00 any week day save for Tuesday when lines open at 9.30am. International callers, dial +44 (0)121 329 6800. The regulator may recorded call for training reasons.
I work for a long established estate agency in Highams Park where we have experienced a few flat sales put at risk due to leases having less than 80 years remaining. I have been given contradictory information from local Highams Park conveyancing firms. Could you shed some light as to whether the seller of a flat can commence the lease extension formalities for the buyer?
Provided that the seller has been the owner for at least 2 years it is possible, to serve a Section 42 notice to start the lease extension process and assign the benefit of the notice to the purchaser. This means that the buyer can avoid having to wait 2 years for a lease extension. Both sets of lawyers will agree to form of assignment. The assignment has to be done prior to, or at the same time as completion of the sale.
An alternative approach is to agree the lease extension with the freeholder either before or after the sale. If you are informally negotiating there are no rules and so you cannot insist on the landlord agreeing to grant an extension or transferring the benefit of an agreement to the buyer.
After months of correspondence we simply can't agree with our landlord on how much the lease extension should cost for our flat in Highams Park. Can we issue an application to the Residential Property Tribunal Service?
if there is a absentee freeholder or if there is dispute about what the lease extension should cost, under the relevant statutes you can apply to the LVT to decide the amount due.
An example of a Freehold Enfranchisement case for a Highams Park residence is 48 Greenleaf Road in December 2009. the lessees sought to exercise their right to purchase the freehold from the landlord by way of collective enfranchisement in accordance with the Leasehold Reform Housing and Urban Development Act 1993.The landlord could not be found.A vesting order was granted from the Bow County Court on 10 September 2007 (Claim No: 8BO04141). The Tribunal held that the premium to be paid was £3,850 This case was in relation to 2 flats. The unexpired lease term was 104 years.