Having sold my house in Muswell Hill last September yet the purchaser is SMS messaging every few hours to moan that her solicitor needs to hear from mylawyer. What are the post completion sale legalities now that I have sold?
Following your sale your solicitor is duty bound to send the transfer deeds and all additional paperwork to the purchaser's solicitors. Where relevant, your lawyer must also confirm that the mortgage has been redeemed to the purchasers conveyancers. There are no post completion steps unique to conveyancing in Muswell Hill.
What can a local search inform me concerning the house I am buying in Muswell Hill?
Muswell Hill conveyancing often commences with the submitting local authority searches directly from your local Authority or through a personal search organisations for instance Onsearch The local search plays an important role in most Muswell Hill conveyancing purchase; as long as you wish to avoid any unpleasant surprises after you move into your new home. The search will supply information on, amongst other things, details on planning applications relevant to the premises (whether granted or refused), building control history, any enforcement action, restrictions on permitted development, nearby road schemes, contaminated land and radon gas; in all a total of 13 subject areas.
The estate agent has sent us the confirmation of our purchase of a new build flat in Muswell Hill. Conveyancing is daunting at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build conveyancing.
Here is a sample of a few leasehold new build enquiries that you may expect your new-build leasehold conveyancing in Muswell Hill
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The Vendor must covenant to keep unoccupied units in good repair until long leases are granted therefore. 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. There must be mutual enforceability of lessee’s covenants. Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents.
Over the last few months I have been searching for a leasehold apartment up to £235,500 and identified one close by in Muswell Hill I like with open areas and railway links nearby, however it only has 49 remaining years left on the lease. I can't really find anything else in Muswell Hill suitable, so just wondered if I would be making a mistake buying a lease with such few years left?
Should you require a mortgage the remaining unexpired lease term will likely be a potential deal breaker. Discount the offer by the expected lease extension will cost if not already taken into account. If the current owner has owned the premises for a minimum of 2 years you could ask them to commence the lease extension formalities and pass it to you. An additional ninety years can be extended on to the existing lease term and have £0 ground rent by law. You should consult your conveyancing lawyer regarding this matter.
There are only Fifty years left on my lease in Muswell Hill. I am keen to extend my lease but my landlord is missing. What options are available to me?
If you meet the appropriate requirements, under the Leasehold Reform, Housing and Urban Development Act 1993 you can submit an application to the County Court for for permission to dispense with the service of the initial notice. This will enable the lease to be lengthened by the Court. You will be obliged to demonstrate that you have done all that could be expected to find the freeholder. On the whole a specialist would be helpful to conduct investigations and to produce an expert document to be used as proof that the landlord is indeed missing. It is wise to seek advice from a property lawyer in relation to investigating the landlord’s disappearance and the application to the County Court covering Muswell Hill.
I am the leaseholder of a first flat in Muswell Hill. In the absence of agreement between myself and the landlord, can the Leasehold valuation Tribunal make a decision on the sum payable for a lease extension?
You certainly can. We can put you in touch with a Muswell Hill conveyancing firm who can help.
An example of a Lease Extension matter before the tribunal for a Muswell Hill flat is Flat B 10 Grove Avenue in October 2013. Following a vesting order Clerkenwell and Shoreditch County Court 3rd July 2013 The tribunal determines that the premium payable for the lease extension was £36,215.00 This case was in relation to 1 flat. The number of years remaining on the existing lease(s) was 65.21 years.
What tools are available to find a Muswell Hill conveyancing solicitor on the lender conveyancing panel? I have a car and am prepared to travel up to 10miles to attend the solicitor.
Feel free to make use of the find a conveyancing panel search on this page. Please choose the lender and your location, in this case Muswell Hill and you will see a number of lawyer located nearest Muswell Hill. Alternatively you can type in the name of your proposed law firm and see if they are listed as being on the lender solicitor panel.