My property lawyer in Southgate is not listed on the Chelsea Building Society Conveyancing Panel. Is it possible for me to continue with my prefered solicitor even though they are excluded from the Chelsea Building Society panel of approved conveyancing solicitors?
Your options are as follows:
- Carry on with your existing Southgate solicitors but Chelsea Building Society will need to use a solicitor on their panel. This will result in additional overall conveyancing fees and result in frustration.
- Get a new solicitor to to deal with the conveyancing, remembering to check they are Persuade your lawyer to use their best endeavours to join the Chelsea Building Society conveyancing panel
Various web forums that I have frequented warn that are a common cause of delay in Southgate conveyancing transactions. Is there any truth in this?
The Council of Property Search Organisations (CoPSO) published findings of research by MoveWithUs that conveyancing searches do not figure within the common causes of delays during the legal transfer of property. Searches are not likely to feature in any holding up conveyancing in Southgate.
I am buying a new build flat in Southgate. Conveyancing is daunting at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build legal work.
Set out below are examples of a selection of leasehold new build questions that you can expect your new-build leasehold conveyancing in Southgate
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Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier? Where service of notices and proceedings can be at the property demised please confirm that this can be amended to include simultaneous services at the Lessees’ solicitors’ offices where the Lessee from time to time is not resident in the UK - such solicitors may be varied by notice in writing to the Landlord from time to time but otherwise will be as previously specified. Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents. Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? Where there is an Undertaking being granted there is the risk of forfeiture of the Headlease subject to relief if one or more of the Underlessees are willing to accept the original Head Lessee’s obligations as otherwise relief will be denied to the Underlessees. The only alternatives are the Head Lessor agreeing not to forfeit the Headlease or the Head Lessee guaranteeing to the Underlessees that it will not be in breach of the Headlease.
I opted to have a survey done on a property in Southgate before retaining solicitors. I have been informed that there is a flying freehold aspect to the house. Our surveyor advised that some mortgage companies may refuse to grant a mortgage on a flying freehold property.
It depends who your proposed lender is. Lloyds has different requirements for example to Halifax. Should you wish to telephone us we can check with the relevant bank. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Southgate. Conveyancing will be smoother if you use a solicitor in Southgate especially if they regularly deal with such properties in Southgate.
There are only Sixty One years left on my lease in Southgate. I now wish to get lease extension but my freeholder is absent. What options are available to me?
If you qualify, under the Leasehold Reform, Housing and Urban Development Act 1993 you can submit an application to the County Court for an order to dispense with the service of the initial notice. This will mean that your lease can be lengthened by the magistrate. You will be obliged to prove that you have used your best endeavours to find the freeholder. For most situations a specialist may be helpful to conduct investigations and prepare an expert document which can be accepted by the court as proof that the landlord can not be located. It is advisable to get professional help from a solicitor both on devolving into the landlord’s absence and the application to the County Court covering Southgate.
I have attempted and failed to negotiate with my landlord to extend my lease without success. Can one apply to the Leasehold Valuation Tribunal? Can you recommend a Southgate conveyancing firm to assist?
Most definitely. We can put you in touch with a Southgate conveyancing firm who can help.
An example of a Freehold Enfranchisement case for a Southgate property is 23 Beaconsfield Road in July 2013. The Tribunals decided that the amount payable was £31,203 for the freehold. This case was in relation to 2 flats. The remaining number of years on the lease was 70.31 years.
Are you able recommend a good conveyancer to do the purchase of a flat in Southgate. With any luck we will secure the flat for £235000 with a mortgage from Yorkshire BS. We reside in Southgate but dont care where they are.
The purpose of this site is restricted to being a directory service for solicitors who wish to be listed as being on the approved conveyancing panel for Yorkshire BS in certain areas such as Southgate . We dont recommend any particular conveyancer.