Much to our surprise we have been advised by our IFA that my Seven Kings solicitor is not on the lender Solicitor panel. How can I be sure whether this is correct?
Your first step should be to contact your Seven Kings lawyer directly. It is reasonable to expect your lawyer to advise you what has happened. Where they are not on the panel they could put your in touch with solicitors on the approved list of lawyers for your lender.
We are close to exchanging contracts on the sale of our home in Seven Kings and the buyers lawyers are claiming that there is a possibility that the property was built on contaminated land. Any local lawyer would know this is not the case. For the life of me I don't know why the purchasers used an internet conveyancing outfit as opposed to a conveyancing solicitor in Seven Kings. Having lived in Seven Kings for 4 years we know of no issue. Is it a good idea to contact our local Authority to seek clarification that the buyers are looking for.
It sounds as though you may have a conveyancing solicitor currently acting for you. Are they able to advise? You must enquire of your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out health insurance to cover that same sickness)
I've recently found out that there is a flying freehold issue on a property I have offered on a fortnight ago in what was supposed to be a straight forward, chain free conveyancing. Seven Kings is the location of the property. What do you suggest?
Flying freeholds in Seven Kings are not the norm but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Seven Kings you would need to get your solicitor to go through the deeds thoroughly. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Seven Kings may decide that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold property.
I am a sole trader planning to take over a lease of a shop on the high street. Can you recommend lawyers offering no-sale-no charges for non-domestic conveyancing in Seven Kings for under £2000?
We can recommend firms who have well rounded knowledge of commercial conveyancing in Seven Kings, including the sale and purchase of businesses as well as simply property. Whether you are hoping to purchase or dispose of a shop, pub, restaurant, office, retail premises or a whole business we will find you the right firm. Regarding the costs this will depend on the structure and nuances of the proposed transaction. Please provide us with your contact information or call us so that we may furnish you with a detailed commercial conveyancing calculation.
Due to exchange soon on a garden flat in Seven Kings. Conveyancing solicitors inform me that they are sending me a report within the next couple of days. What should I be looking out for?
Your report on title for your leasehold conveyancing in Seven Kings should include some of the following:
You should have a good understanding of the building insurance provisions The physical extent of the property. This might be the property itself but could also incorporate a roof area or cellar if applicable. Where does the liability rest to repair and maintain the building. It is important that you know who is responsible the repair and maintenance of every part of the building Are you allowed to have a pet in the flat? Whether your lease provides for a sinking fund?
I am the registered owner of a ground-floor 1960’s flat in Seven Kings. In the absence of agreement between myself and the freeholder, can the Leasehold valuation Tribunal determine the sum payable for the purchase of the freehold?
Absolutely. We can put you in touch with a Seven Kings conveyancing firm who can help.
An example of a Lease Extension decision for a Seven Kings premises is 49 Aldborough Road South in July 2012. The Tribunal decided that the premium payable for the grant of the new lease was £13,925 This case was in relation to 1 flat. The unexpired term was 61.36 years.
My wife and I intend to acquire our first home in Seven Kings. Conveyancing lawyer has been instructed. The broker suggested that a survey is not appropriate as the property was only built 22 years ago.
The bare minimum you need a Home Buyer's Report. As the residence was constructed more than a decade ago the property will not benefit from a warranty, so you don't want to take a risk. Where a property of this age shows no signs of problems a Home Buyer's report may be sufficient. They will highlight any apparent issues and suggest further investigation if appropriate. Where there are any signs of problems get a comprehensive structural survey.