It is is a decade since I acquired my home in Seven Sisters. Conveyancing lawyers have now been retained on the sale but I am unable to locate my title deeds. Is this a major issue?
Don’t worry too much. First there is a possibility that the deeds will be retained by your lender or they could be in the possession of the lawyers who handled your purchase. Secondly in all probability the title will be recorded at the land registry and you will be able to establish that you are the registered owner by your conveyancing lawyers procuring up to date copy of the land registers. Nearly all conveyancing in Seven Sisters involves registered property but in the unlikely event that your home is not registered it adds to the complexity but is resolvable.
My fiance and I are purchasing a 1 bedroom flat in Seven Sisters with a mortgage from Clydesdale.We would like to retain our Seven Sisters conveyancing lawyer but Clydesdale informed us her practice is not on their approved list of firms. we are left little option but to use a Clydesdale panel solicitor or keep our local solicitor and fork out for a Clydesdale panel lawyer to act for them. We feel as though this is unjust; Can we not simply insist that Clydesdale use our lawyer?
Unfortunately,no. The loan issued to you contains terms and conditions, one of which will be that conveyancers needs to be on the Clydesdale approved list. in the past, most lenders had large numbers of law firms on their panels: a borrower could choose one for themselves, as long as it was on the lender's panel. The lender would then simply instruct the borrower's lawyers to act for the lender, too. You can use your lender's panel lawyers or you could borrow from another lender which does not restrict your choice. Another option that might be available is for your solicitors to apply to be on the conveyancing panel for Clydesdale
I need some expedited conveyancing in Seven Sisters as I am under a deadline to exchange contracts within 4 weeks. Luckily I do not require a mortgage. Can I decline from having conveyancing searches to save fees and time?
As you are are a mortgage free buyer you are at liberty not to have searches conducted although no conveyancer would advise that you don't. With lots of history conveyancing in Seven Sisters the following are examples of issues that can arise and adversely impact future saleability: Enforcement Actions, Outstanding Fees, Outstanding Grants, Unadopted Roads,...
I opted to have a survey completed on a property in Seven Sisters in advance of appointing conveyancers. I have been told that there is a flying freehold aspect to the house. My surveyor advised that some mortgage companies tend refuse to issue a loan on such a premises.
It depends who your proposed lender is. HSBC has different requirements from Birmingham Midshires. If you e-mail us we can look into this further with the relevant mortgage company. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Seven Sisters. Conveyancing will be smoother if you use a solicitor in Seven Sisters especially if they are accustomed to such properties in Seven Sisters.
What makes your site different to other internet conveyancing brokers for conveyancing in Seven Sisters?
At this site get an accurate costs illustration from a Solicitor or Licensed Conveyancer that has a full understanding of the issues of your conveyancing in Seven Sisters. Unlike many estate agents and brokerage sites we do not operate kick-back deals with solicitors. Some agents and online brokers 'recommend' the firm that pays the highest kickback, rather than the best value conveyancing in Seven Sisters
I own a leasehold house in Seven Sisters. Conveyancing and Accord Mortgages Ltd mortgage organised. A letter has just been received from someone saying they have taken over the reversionary interest in the property. It included a demand for arrears of ground rent dating back to 1994. The conveyancing practitioner in Seven Sisters who previously acted has now retired. Any advice?
First contact HMLR to be sure that the individual purporting to own the freehold is indeed the new freeholder. You do not need to incur the fees of a Seven Sisters conveyancing lawyer to do this as you can do this on the Land Registry website for £3. Rest assured that in any event, even if this is the legitimate landlord, under the Limitation Act 1980 the limitation period for recovery of ground rent is six years.
I have attempted and failed to negotiate with my landlord to extend my lease without success. Can the Leasehold Valuation Tribunal adjudicate on such matters? Can you recommend a Seven Sisters conveyancing firm to help?
Most definitely. We are happy to put you in touch with a Seven Sisters conveyancing firm who can help.
An example of a Freehold Enfranchisement decision for a Seven Sisters premises is 22 Wakefield Road in January 2012. Following a vesting order Clerkenwell and Shoreditch County Court under section 26 of the Leasehold Reform,Housing and Urban Development Act 1993 on 9th May 2011 the Tribunal decided that the price that the Applicant for the freehold interest should pay is £17,400 This case affected 2 flats. The unexpired residue of the current lease was 74.13 years.