Last February we completed a house move in Primrose Hill. We have noticed several issues with the house which we believe were missed in the conveyancing searches. What action can we take? What searches should? have been ordered for conveyancing in Primrose Hill?
It is not clear from the question as to the nature of the problems and if they are specific to conveyancing in Primrose Hill. Conveyancing searches and due diligence undertaken during the legal transfer of property are designed to help avoid problems. As part of the process, a seller answers a document referred to as a Seller’s Property Information Form. If the information turns out to be incorrect, then you may have a claim against the seller 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 Primrose Hill.
What is your number one tip for finding a conveyancing solicitor in Primrose Hill
We would encourage you not to go for the lowest Primrose Hill conveyancing quote. You really do get what you’re paying for when it comes to conveyancing solicitors. A cheap quote may mean that the conveyancing solicitor is handling a lot of jobs at one time and you won’t get the quality of service and the attention that you need. It is, however, wise to use a conveyancer who has a fixed fee on a no sale, no fee basis. This way, you know exactly what you’ll have to pay in ahead of the deal.
is it true that all Primrose Hill solicitor practices on the Clydesdale conveyancing panel are overseen by the SRA?
As solicitors, in order to be on the Clydesdale approved list of solicitors they would need to be regulated by the SRA. The majority of banks do permit licenced conveyancers on their panel in which case such organisation would be regulated by the CLC.
I am currently in the process of buying my council flat in Primrose Hill. I have a mortgage agreed with Skipton. Conveyancing is new to me. Can I proceed without a solicitor easily? I think we can but we keep being told I should use one. Any advice?
It is not advisable to proceed with a house purchase without a solicitor. The council's solicitor are not acting for you. You need a solicitor for a number reasons. One of which is to verify what plans the Council have for repairs and refurbishment for the next five years. Many leaseholders have been stung for contributions of thousands of pounds. In any event, if you are getting a mortgage with Skipton, you will need to appoint a solicitor on the Skipton conveyancing panel.
I own a 4 bedroom Victorian house in Primrose Hill. Conveyancing practitioner acted for me and Bank of Ireland. I happened to do a free search for it on the Land Registry database and I saw two entries: one for freehold, the second leasehold with the matching property. Is it worth asking Bank of Ireland to clarify?
You need to read the Freehold register you have again and check the Charges Register as there may be mention of a lease. The best way to be sure that you are also the registered owner of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Primrose Hill and other locations in the country and poses no real issues for owners other than when they remortgage they have to account for both freehold and leasehold interests when dealing with purchasers. You can also check the situation with your conveyancing lawyer who conducted the work.
Hoping to buy a property located in Primrose Hill and I am already nervous. I couldn't find anything specific about Primrose Hill. Conveyancing will be needed in due course but do you know about the Primrose Hill area? or perhaps some other tips you can share?
Rather than looking online forget looking online you should go and have a look at Primrose Hill. In the meantime here are some basic statistics that we found
My husband and I are first time buyers - agreed a price, yet the estate agent informed us that the vendor will only go ahead if we instruct the agent's chosen conveyancers as they are insisting on an ‘expedited deal’. My instinct tells me that we should use a high street conveyancer who is familiar with conveyancing in Primrose Hill
We suspect that the seller is not behind this request. If they desire ‘a quick sale', alienating a motivated buyer is counter productive. Speak to the owners direct and make the point that (a)you are motivated purchasers (b)you are ready to progress, with mortgage lined up © you are chain free (d) you wish to move quickly (e)but you intend to appoint your own,trusted Primrose Hill conveyancing lawyers - as opposed tothe ones that will earn the estate agent a introducer fee or achieve conveyancing figures set by corporate headquarters.
I've recently bought a leasehold flat in Primrose Hill. Am I liable to pay service charges relating to a period prior to completion of my purchase?
Where the service charge has already been demanded from the previous owner and they have not paid you would not usually be personally liable for the arrears. However, your landlord may still be able to take action to forfeit the lease. A critical element of leasehold conveyancing for your conveyancer to be sure to have an up to date clear service charge receipt before completion of your purchase. If you have a mortgage this is likely to be a requirement of your lender.
If you purchase part way through an accounting year you may be liable for charges not yet demanded even if they relate to a period prior to your purchase. In such circumstances your conveyancer would normally arrange for the seller to set aside some money to cover their part of the period (usually called a service charge retention).
I have tried to negotiate informally with with my landlord to extend my lease without any joy. Can one apply to the Leasehold Valuation Tribunal? Can you recommend a Primrose Hill conveyancing firm to represent me?
in cases where there is a missing freeholder or if there is disagreement about the premium for a lease extension, under the relevant statutes you can apply to the LVT to calculate the price payable.
An example of a Lease Extension matter before the tribunal 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 was in relation to 1 flat. The unexpired residue of the current lease was 64.77 years.