Do banks and building societies provide you with an approved list of Kentish Town conveyancing solicitors? How do you know who is on the Coventry BS conveyancing panel?
Kentish Town conveyancing firms themselves provide us confirmation that they are on the Coventry BS conveyancing panel as opposed to being supplied with a list from Coventry BS directly.
My apartment in Kentish Town is up for sale and I have accepted an offer. Will my solicitor need to be on the Santander conveyancing panel in order to deal with the discharge of my mortgage?
Ordinarily, even if your lawyer is not on the Santander conveyancing panel they can still act for you on your sale. It might be that the lender will not release the original deeds (if applicable and increasingly irrelevant) until after the mortgage is paid off. You should speak to your lawyer directly before you start the process though to ensure that there is no problem as lenders are changing their specifications fairly frequently at the moment.
I have been told that property searches are the main reason for delay in Kentish Town conveyancing transactions. Is there any truth in this?
The Council of Property Search Organisations (CoPSO) released determinations of a review by MoveWithUs that conveyancing searches do not figure within the top 10 causes of hindrances in the conveyancing process. Local searches are unlikely to feature in any delay in conveyancing in Kentish Town.
Have completed on a a detached house in Kentish Town , how long will it take for the Land Registry to record my ownership? My Kentish Town conveyancing solicitor works at snail pace, so I want to be sure that my ownership is registered.
As far as conveyancing in Kentish Town registration is no faster or slower than the rest of the country. As opposed to being determined by geographic area, timeframes can differ according to who lodges the application, whether there are errors and if the Land registry need to notify any other persons or bodies. At present in the region of 80% of such applications are fully addressed in less than three weeks but some can be subject to longer delays. Registration occurs once the purchaser has moved in to the property therefore registration formalities is not always an essential issue yet if it is urgent that the the registration takes place urgently then you or your solicitor can speak with the land registry and explain the circumstances.
I've recently found out that there is a flying freehold element on a property I have offered on last month in what should have been a quick, no chain conveyancing. Kentish Town is where the house is located. Is there any advice you can give?
Flying freeholds in Kentish Town are rare but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Kentish Town you would need to get your solicitor to go through the deeds very carefully. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Kentish Town may determine that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold residence.
I only have Fifty years unexpired on my lease in Kentish Town. I need to extend my lease but my freeholder is missing. What options are available to me?
If you qualify, under the Leasehold Reform, Housing and Urban Development Act 1993 you can submit an application to the County Court for an order to dispense with the service of the initial notice. This will mean that your lease can be granted an extra 90 years by the magistrate. You will be obliged to demonstrate that you have made all reasonable attempts to track down the freeholder. In some cases an enquiry agent would be helpful to carry out a search and to produce a report which can be used as evidence that the landlord is indeed missing. It is wise to seek advice from a conveyancer both on devolving into the landlord’s disappearance and the application to the County Court covering Kentish Town.
I have attempted and failed to negotiate with my landlord to extend my lease without any joy. Can the Leasehold Valuation Tribunal decide on such matters? Can you recommend a Kentish Town conveyancing firm to help?
Most certainly. We are happy to put you in touch with a Kentish Town conveyancing firm who can help.
An example of a Lease Extension case for a Kentish Town flat is Flat 2 27 Mackeson Road in December 2012. The Tribunal assessed the value of the lease extension premium at £35,435 and rounded the figure to £35,500 This case related to 1 flat. The number of years remaining on the existing lease(s) was 64.77 years.