My wife and I have recently bought a property in King's Cross. We have since encountered a number of problems with the house which we consider were missed in the conveyancing searches. Do we have any recourse? Can you clarify the type of searches that should have been ordered as part of conveyancing in King's Cross?
It is not clear from the question as to the nature of the problems and if they are unique to conveyancing in King's Cross. Conveyancing searches and due diligence initiated during the legal transfer of property are supposed to help avoid problems. As part of the process, the vendor completes a document known as a SPIF. answers proves to be incorrect, you could possibly take legal action against the vendor for any losses that you have suffered. The survey should have identified any problems with the structure of the property. Assuming a detailed survey was carried out and the issues were not identified, you may have a claim against the surveyor. However, if you did not have a full survey, you may be responsible for fixing any defects that have now been noted. We would always encourage buyers to take every possible step to ensure they are completely aware of the condition of a property before purchase regardless of whether they are buying in King's Cross.
How up to date is your database of King's Cross solicitors on the Leeds Building Society conveyancing panel? Do Leeds Building Society send you an updated list?
King's Cross conveyancing firms themselves provide us confirmation that they are on the Leeds Building Society conveyancing panel as opposed to being supplied with a list from Leeds Building Society directly.
It has been five months following my purchase conveyancing in King's Cross 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 asset 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.
I have been on the look out for a leasehold apartment up to £235,500 and found one close by in King's Cross I like with open areas and railway links nearby, however it only has 51 remaining years left on the lease. There is not much else in King's Cross in this price bracket, so just wondered if I would be making a grave error acquiring a lease with such few years left?
If you need a mortgage that many years will likely be an issue. Discount the price by the anticipated lease extension will cost if not already taken into account. If the current owner has owned the premises for at least twenty four months you can request that they commence the lease extension formalities and then assign it to you. You can add 90 years to the existing lease term and have £0 ground rent by law. You should speak to your conveyancing lawyer concerning this.
I am selling my house. My previous solicitors has retired. I am in need of a recommendation of a conveyancing firm. Im based in King's Cross if that makes a difference.
Please use our search tool to help you find a solicitor for your conveyancing in King's Cross. We have connected thousands of home buyers and sellers with lender approved solicitors to ensure that the legalities of their house move runs with a minimum of fuss.
My partner has encouraged me to use his conveyancers in King's Cross. Do I take his advice?
There are no two ways about it it’s preferable to select a conveyancing practitioner is to have referrals from friends or relatives who have previously instructed the solicitor that you are are thinking of instructing.