I require conveyancing for an apartment in a relatively new development (6 years built) in King's Cross. The vast majority the flats have already been disposed of. Do I need carry out the conveyancing searches for my conveyancing in King's Cross?
If you getting a loan, your mortgage company will insist on some (many) of the searches so you'll have no choice. If not, then King's Cross conveyancing searches are for you to decide upon. Your solicitor, will ’encourage’, perhaps strongly, that you should have the searches done, but he or she has a professional duty to do this. One thing to bear in mind; if you are likely to sell the house one day, it may be of interest to your future buyer what the searches contain. Sometimes houses with no practical issues can still throw up adverse search results. But if you demand that your lawyer to proceed without searches then your lawyer will have to follow your instructions or ask you to appoint a different lawyer for your conveyancing in King's Cross.
My bank has recommended solicitors on their panel based in King's Cross but I would rather choose a conveyancing lawyer in King's Cross or nearer to where I live. Can you assist?
It is by no means the case that all King's Cross conveyancing firms are on all banks conveyancing panel. Use our search tool to choose a King's Cross conveyancing conveyancer on the on the mortgage company panel.
We are buying a house in King's Cross. It might be a silly question but how we can trust a lawyer? At some point we have to deposit funds into their account. What is the protection we have from them run away with our deposit?
Be assured that all money in a Solicitors client account is 100% safe, and even if your Solicitor ran off with it, the Law Society would reimburse you fully.
Do I select a Licenced Conveyancer or Solicitor for conveyancing in King's Cross?
There are many recorded licenced Conveyancers in King's Cross and Solicitor partnerships in King's Cross who provide Conveyancing services It is important to make clear that the two are regulated professionals specialising in the legal aspects of transferring property. They may both also conduct associated property related work such as remortgage conveyancing, lease extensions and transfer of equity conveyancing.
I can not fathom if my bank obliges me to make sure the lease term for the flat is extended prior to the completion date. I have called my King's Cross building society branch on numerous occasions and was told they are content with the situation and they would lend. My King's Cross conveyancing solicitor - who is on the lender conveyancing panel- called and was told they will not lend based on their specific requirements. I simply don't know who is right.
As long as the conveyancing practitioner is on the lender panel, she or he must follow the Council of Mortgage Lenders’ Handbook specifications for the lender. Unless your lawyer obtains specific confirmation in writing that the bank will go ahead, your lawyer has no choice but to refrain from exchanging contract and committing you to the purchase. We would suggest that you ask the bank to contact your lawyer in writing confirming that they will accept the number of years left on the lease.
Is it necessary to take out insurance to address the risk of chancel repairs when acquiring a house in King's Cross?
Unless a prior acquisition of the house took place post 12 October 2013 you can take it that solicitors carrying out conveyancing in King's Cross to continue to propose a a chancel search and or chancel repair liability insurance.
Are there restrictive covenants that are commonly identified as part of conveyancing in King's Cross?
Covenants that are restrictive in nature can be picked up when reviewing land registry title as part of the legal transfer of property in King's Cross. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
About to purchase a new build apartment in King's Cross. Conveyancing is a frightening process 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 legal work.
Here is a sample of a selection of leasehold new build questions that you should expect your new-build leasehold conveyancing in King's Cross
Please confirm the Lease plans are architect prepared. Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose? Please supply a car parking plan. Please supply evidence that the form of Lease proposed has been approved by the Land Registry.