My partner and I are acquiring residence in Highbury. My lawyer is not on the lender conveyancing panel. Is it possible for me to continue with my Highbury conveyancing solicitor notwithstanding that they are excluded from the bank approved list?
Various options include
- Complete the deal with your preferred Highbury lawyer but your lender will undoubtedly retain a solicitor on their approved panel. This will result in additional charges together with likely frustration.
- Appoint a new property lawyer to act in the purchase, obviously checking they are on the mortgage company conveyancing panel.
- Appeal to your conveyancing practitioner to apply to join the lender panel
3 months have elapsed since my purchase conveyancing in Highbury completed. I have checked the Land Registry website which shows that I paid £175,000 when infact I paid £215,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the property from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
About to purchase a new build flat in Highbury. Conveyancing is daunting 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 is a sample of a few leasehold new build questions that you should expect your new-build leasehold conveyancing in Highbury
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Please supply a car parking plan. Please confirm the Lease plans are architect prepared. 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. The Lease must contain a provision on behalf of the Vendor to pay the service charges in respect of unoccupied units in order to ensure that all services can be provided.
My husband and I are 14 days into a residential purchase having been recommend to conveyancers by the high street agent to execute conveyancing in Highbury. We are not happy. Can you help me find new solicitors?
They would need to be really poor to suggest changing them. Has the mortgage been sent? In the event that it has you need to inform them of the new contact details and have the mortgage documents are issued to the new lawyers. Your new conveyancer should be on the banks approved list to avoid escalating fees and frustration. That should be your first question of the new solicitors. The search tool can assist you in finding a bank approved lawyer for your home move in Highbury
I own a leasehold house in Highbury. Conveyancing and Nottingham Building Society mortgage went though with no issue. I have received a letter from someone saying they have taken over the reversionary interest in the property. Attached was a demand for arrears of ground rent dating back to 1992. The conveyancing practitioner in Highbury who acted for me is not around. Do I pay?
First contact HMLR to be sure that the individual purporting to own the freehold is in fact the registered owner of the freehold reversion. It is not necessary to instruct a Highbury conveyancing practitioner to do this as you can do this on the Land Registry website for less than a fiver. Rest assured that regardless, even if this is the rightful landlord, under the Limitation Act 1980 no more than 6 years of rent can be collected.
I inherited a a ground floor purpose built flat in Highbury. Given that I can not reach agreement with the landlord, can the Leasehold valuation Tribunal make a decision on the sum payable for a lease extension?
in cases where there is a absentee landlord or where there is disagreement about the premium for a lease extension, under the Leasehold Reform, Housing and Urban Development Act 1993 it is possible to make an application to the First-tier Tribunal (Property Chamber) to assess the price payable.
An example of a Lease Extension case for a Highbury premises is Lower Flat 16A Beatty Road in September 2012. The premium payable was £13,577. The terms of the lease has been agreed between the Applicants and the First Respondent and the Tribunal did not seek to disturb that agreement. This case related to 1 flat.
Is there a difference between surveying and conveyancing in Highbury?
Conveyancing - in Highbury or anywhere in England and Wales - is the process of legally transferring legal title of property from one person to another. It therefore includes the checking of the title. Whether buying or selling, you should be aware of anything affecting the property such as proposals by government departments, illegal buildings, or outstanding rates. The conveyancer should conduct the appropriate searches and inquiries on the property. Surveying relates to the structure of a property itself. A surveyor will look at a house, flat and any outbuildings you are buying and will help you discover the condition of the building and, if there are problems, give you leverage for reducing the price down or asking the vendor to fix the defects before you complete your move.