I have given 2 months notice to my existing landlord and must be out of my let out property in Primrose Hill by the end of next month. Conveyancing for my house purchase has just started. Can I complete in 4 weeks as don't want to have to move into temporary accommodation?
Generally one should not give notice on a rental until exchange of contracts has taken place. If you have not already done so, speak to your conveyancer and urge them to they cajole the owners side, try to get a realistic time scale from them that everyone will look towards
About to place an offer on a leasehold property in Primrose Hill. The selling agents say that it is usual for flats in Primrose Hill to have less than 75 years unexpired on the lease. I am obtaining a mortgage with Platform. Will the property be mortgageable given that the lease has 69 years unexpired.
Most leasehold conveyancing experts should be able to deal with a lease extension. if you are securing a mortgage then your lender may insist that the lease be extended before competition. Platform have specific requirements as set out in the UK Finance Lenders’ Handbook in relation to minimum unexpired lease terms. As of 24/11/2022 the requirements read as follows :
I acquired my flat on 16 July and the transaction details is not yet registered. Need I be worried? My conveyancing solicitor in Primrose Hill said it will be recorded inside ten days. Are transfers in Primrose Hill particularly slow to register?
As far as conveyancing in Primrose Hill registration is no quicker or slower than anywhere else in the country. As opposed to being determined by geographic area, timeframes can adjust subject to the party submitting the application, whether there are errors and whether the Land registry have to notify any interested parties. At present approximately three quarters of submission are fully dealt with within two weeks but occasionally there can be protracted hold-ups. Registration is effected once the buyer has moved in to the premises thus post completion formalities is not usually an essential issue but if it is urgent that the the registration takes place urgently then you or your solicitor can communicate with the Registry to express the reasoning for the application to be prioritised.
Due to the input of my in-laws I had a survey completed on a house in Primrose Hill in advance of appointing conveyancers. I have been told that there is a flying freehold overhang to the house. Our surveyor has said that some banks will not issue a mortgage on a flying freehold home.
It varies from the lender to lender. Santander has different requirements for example to Nationwide. Should you wish to telephone us we can check via the appropriate bank. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Primrose Hill. Conveyancing may be slightly more expensive based on your lender's requirements.
What tools are available to identify a Primrose Hill law firm on the Aldermore conveyancing panel? I have a car and am prepared to travel upto 25kilometers to meet the solicitor.
You can use the facility on this website. Please select a mortgage company and your location and you will see a number of Primrose Hill conveyancing lawyers locally. We have detailed some Primrose Hill conveyancing firms towards the end of this page and you can contact them to see if they are on the Aldermore approved list
Is it true that a Primrose Hill conveyancing company taken to court by clients for failing to conduct comprehensive conveyancing investigations?
We are not aware of such a Primrose Hill conveyancing claim but it has been reported that, a couple acquiring a house in Cumbria successfully won a claim against their lawyer due to development plans to build a wind farm not being picked up in conveyancing searches.
If you are purchasing in Primrose Hill It is important that your solicitor purchase all Primrose Hill conveyancing searches needed making sure that you have accurate and current information ahead of purchasing a home in Primrose Hill.