I have given 8 weeks notice to my current landlord and have to leave my rented property in Seven Kings by the end of next month. Conveyancing for my house purchase has just started. Can I complete in a couple of weeks as I wish to avoid having to find short term accommodation?
It is unwise to serve notice for your letting until you have exchanged. Assuming that you have not previously done so, speak to your lawyer and request that they apply pressure on the sellers lawyers, try to get a realistic time scale from them that everyone will aim towards
My wife and I have a terraced Georgian property in Seven Kings. Conveyancing lawyer represented me and Aldermore. I happened to do a free search for it on the Land Registry database and there are two entries: the first freehold, another for leasehold with the matching address. If a house is not a freehold shouldn't I have been informed?
You need to read the Freehold register you have again and check the Charges Register for 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 Seven Kings and other areas of the country and poses no real issues for owners other than when they sell they have to account for both freehold and leasehold interests when dealing with purchasers. You can also question the situation with the conveyancing practitioner who carried out the work.
How does conveyancing in Seven Kings differ for newly converted properties?
Most buyers of new build or newly converted property in Seven Kings contact us having been asked by the builder to exchange contracts and commit to the purchase even before the residence is completed. This is because house builders in Seven Kings typically acquire the real estate, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are used to new build conveyancing in Seven Kings or who has acted in the same development.
I have been on the look out for a flat up to £305k and identified one round the corner in Seven Kings I like with amenity areas and transport links in the vicinity, the downside is that it only has 52 years on the lease. There is not much else in Seven Kings in this price bracket, so just wondered if I would be making a mistake buying a lease with such few years left?
If you require a mortgage that many years may be an issue. Reduce the offer by the expected lease extension will cost if it has not already been discounted. If the existing owner has owned the property for a minimum of twenty four months you may ask them to commence the lease extension formalities and pass it to you. An additional ninety years can be extended on to the current lease with a zero ground rent applied. You should consult your conveyancing solicitor regarding this.
My brother has suggested that I instruct his lawyers for conveyancing in Seven Kings. Do I follow his recommendation?
There are no two ways about it it’s preferable to find a conveyancing solicitor is to have recommendations from friends or family who have experience in using the conveyancer that you are considering.
I want to rent out my leasehold apartment in Seven Kings. Conveyancing solicitor who did the purchase is retired - so can't ask him. Is permission from the freeholder required?
Notwithstanding that your last Seven Kings conveyancing solicitor is not available you can review your lease to check if you are permitted to let out the apartment. The accepted inference is that if the deeds are non-specific, subletting is permitted. Quite often there is a prerequisite that you need to obtain permission from your landlord or some other party prior to subletting. This means that you cannot sublet in the absence of first obtaining permission. Such consent is not allowed to be unreasonably refused ore delayed. If the lease prohibits you from letting out the property you will need to ask your landlord if they are willing to waive this restriction.
Following months of correspondence we cannot agree with our landlord on how much the lease extension should cost for our flat in Seven Kings. Can we issue an application to the Residential Property Tribunal Service?
Most definitely. We can put you in touch with a Seven Kings conveyancing firm who can help.
An example of a Lease Extension case for a Seven Kings residence 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 lease term was 61.36 years.