I have given 8 weeks notice to my existing landlord and must be out of my let out flat in Primrose Hill by the end of next month. Conveyancing on my purchase is underway. How realistic is it to complete in three weeks as I wish to avoid having to move into temporary accommodation?
It is unwise to serve notice for your letting unless you have exchanged. Assuming that you have not previously done so, update to your conveyancer and request that they seek the assistance the owners side, try to a target completion date that everyone will aim towards
I am considering remortgaging my flat in Primrose Hill, does my lawyer need to be on the Kent Reliance Conveyancing panel?
There is nothing to stop you using your solicitor, but Kent Reliance will insist on their interests being represented by a firm on their conveyancing panel. There is greater potential for delays and confusion with an additional lawyer added to the mix, and it will undoubtedly be more expensive too.
I am aiming to move property in December. Will my conveyancing solicitor liaise with the removal company on the completion day. On a separate note, can you suggest a removal company in Primrose Hill. Conveyancing solicitor was organised before I stumbled across this site.
On the day of completion you can pick up the keys from your property agent however this can only occur once the sellers conveyancers confirm to the agent that they have the completion monies and the keys can be passed over. After that you will need to inform the removal company that they can start moving you in. As a matter of policy we do not suggest a specific removal organisation but can help you locate a conveyancing in Primrose Hill or a lawyer that specialises in conveyancing in Primrose Hill.
I'm the sole recipient of my late father’s estate with all property in now in my sole name, including the my former home in Primrose Hill. The Primrose Hill property was put into my name in August. I plan to dispose of the property. I understand that there is a Mortgage Lenders 6 month 'rule', which means that my property ownership could be treated the same way as if I'd bought the property in August. Do I have to wait 6 months to sell?
The Council of Mortgage Lenders’ handbook obliges solicitors to: "report to us immediately if the owner or registered proprietor has been registered for less than six months." By the strict wording you might be impacted by that. Most mortgage companies would take a pragmatic view as this obligation is primarily there to pick up on the purchase and immediately sell or the flipping of properties.
My fiancee and I are in the process of looking at flats in Primrose Hill and I am about to put in an offer. Is it premature to have a solicitor in place? I will be getting a home loan with Aldermore.
It would be sensible to start your search sooner rather than later. After you have chosen your lawyer and once your offer is accepted you can instruct them to work for you and forward their contact information on to the EA. Given that you are obtaining a mortgage with Aldermore, make sure you remember to check that your lawyer is on the Aldermore conveyancing panel.
Am I best advised to use a Primrose Hill conveyancing lawyer who is local to the property I am purchasing? An old friend can deal with the legal work but his firm is located a couple of hundredkilometers drive away.
The primary upside of using a high street Primrose Hill conveyancing firm is that you can attend the office to execute paperwork, deliver your ID and apply pressure on them if necessary. They will also have local insight which is a benefit. However nothing is more important than finding someone that will do a good and efficient job. If other friends have instructed your friend and on the whole were impressed that should outweigh using an unfamiliar Primrose Hill conveyancing solicitor just because they are local.
I own a leasehold house in Primrose Hill. Conveyancing and HSBC Bank mortgage organised. I have received a letter from someone claiming to own the reversionary interest in the property. It included a demand for arrears of ground rent dating back to 1992. The conveyancing solicitor in Primrose Hill who previously acted has now retired. Do I pay?
First contact the Land Registry to make sure that the individual purporting to own the freehold is indeed the new freeholder. You do not need to instruct a Primrose Hill conveyancing firm to do this as it can be done on-line for £3. Rest assured that regardless, even if this is the rightful freeholder, under the Limitation Act 1980 the limitation period for recovery of ground rent is six years.
I own a first floor flat in Primrose Hill. Given that I can not reach agreement with the landlord, can the Leasehold valuation Tribunal make a decision on the premium payable for the purchase of the freehold?
if there is a missing freeholder or if there is disagreement about what the lease extension should cost, under the Leasehold Reform, Housing and Urban Development Act 1993 you can apply to the First-tier Tribunal (Property Chamber) to assess the sum to be paid.
An example of a Lease Extension decision for a Primrose Hill property 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 affected 1 flat. The number of years remaining on the existing lease(s) was 64.77 years.
When it comes to my conveyancing in Primrose Hill should I be charged VAT on the following: (1) Land reg fee on purchase (2) Pre - completion search fee (3) SDLT E submission on purchase (4) Bank TT fee
(1) Land reg fee on purchase - No (2) Pre - completion search fees -No, (such conveyancing searches are HMLR ones and means £4 and possibly £2 bankruptcy per name on your mortgage) (3) SDLT E submission on your purchase - There is no VAT on Stamp Duty. However if the firm is charging a stamp duty e-submission fee as part of their services - some Primrose Hill conveyancers do - that will incur VAT(4) Bank transfer fee - Yes it is for the property lawyer's time in submitting the funds this way.