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Reasons to use our Swiss Cottage conveyancing solicitors

  • 1 Chances are that the the lawyers for the other party are located in Swiss Cottage - if so sets of conveyancers will have worked on conveyancing matters in the past
  • 2 Retaining the services of a a family Solicitor generally means that you will receive a more bespoke service. When using a large conveyancing firm, you tend to be looked after by a team of people who who update you by determining whether the ‘computers says no’.
  • 3 Solicitors accustomed to conveyancing in Swiss Cottage regularly deal withlocal issues peculiar to Swiss Cottage and therefore you may benefit from better advice and faster conveyancing.
  • 4 Cut price packages from online conveyancers might be tempting. However, these companies are often based many miles away with limited appreciation of the factors that affect property transactions in Swiss Cottage
  • 5 Excellent communication together with pure property local knowledge are key benefits that you should look for when choosing conveyancing solicitors. Swiss Cottage property deals can be made a lot more stressful as a result of lack of transparency between all the parties. The lawyers we work with ensure that the lines of communication are open and act on arising issues and developments quickly.

Examples of recent conveyancing in Swiss Cottage since June 2019*

Recently asked questions about conveyancing in Swiss Cottage

My partner and I changing mortgage lender for our apartment in Swiss Cottage with TSB. We have a son 18 who lives at home. Our solicitor has asked us to disclose anyone over the age of 17 other than ourselves who lives in the flat. The solicitor has now sent a form for our son to sign, giving up any rights in the event that the property is forfeited by the lender. I have a couple of questions (1) Is this document specific to the TSB conveyancing panel as he did not need to sign this form when we remortgaged 3 years ago (2) Does our son by signing this giving up his entitlement to inherit the property?

First, rest assured that your TSB conveyancing panel solicitor is doing the right thing as it is established procedure for any occupier who is aged 17 or over to sign the necessary Consent Form, which is purely to state that any rights he has in the property are postponed and secondary to TSB. This is solely used to protect TSB if the property were re-possessed so that in such circumstances, your son would be legally obliged to leave. It does not impact your son’s right to inherit the apartment. Please note that if your son were to inherit and the mortgage in favour of TSB had not been discharged, he would be liable to take over the loan or pay it off, but other than that, there is nothing stopping him from keeping the property in accordance with your will or the rules of intestacy.

Is there a reason why leasehold purchase conveyancing in Swiss Cottage costs more?

Swiss Cottage leasehold properties involve far more paperwork than a freehold purchase, and therefore takes more time to examine and advise upon.Conveyancing will involve the lease having to be checked which is usually a lengthy document, queries raised to ensure that the covenants and conditions have been observed. If it is a flat there will be a management company in existence and the accounts of this will need to be checked and enquiries raised to ensure it is operating efficiently and that all monies due have been paid by the Seller to the company and if not ensuring that money is paid up to date or the appropriate undertakings obtained.

Are there restrictive covenants that are commonly picked up during conveyancing in Swiss Cottage?

Covenants that are restrictive in nature can be picked up when reviewing land registry title as part of the process of conveyancing in Swiss Cottage. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’

How does conveyancing in Swiss Cottage differ for newly converted properties?

Most buyers of new build or newly converted property in Swiss Cottage approach us having been asked by the housebuilder to exchange contracts and commit to the purchase even before the house is ready to move into. This is because developers in Swiss Cottage 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 property lawyers 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 accustomed to new build conveyancing in Swiss Cottage or who has acted in the same development.

What does commercial conveyancing in Swiss Cottage cover?

Non domestic conveyancing in Swiss Cottage covers a broad array of services, supplied by qualified solicitors, relating to business premises. By way of example, this type of conveyancing can cover the sale or purchase of freehold business premises or, more commonly, the transfer of existing business tenancies or the drafting of new leasing arrangements. Commercial conveyancing solicitors can also offer advice on the sale of business assets, commercial loans and the termination of leases.

I am attracted to a couple of maisonettes in Swiss Cottage both have in the region of 50 years remaining on the leases. Should I regard a short lease as a deal breaker?

There are no two ways about it. A leasehold apartment in Swiss Cottage is a deteriorating asset as a result of the reducing lease term. The nearer the lease gets to zero years unexpired, the more it adversely affects the value of the premises. For most buyers and banks, leases with under 75 years become less and less attractive. On a more upbeat note, leaseholders can extend their leases by serving a Section 42 Notice. One stipulation is that they must have owned the premises for two years (unlike a Section 13 notice for purchasing the freehold, when leaseholders can participate from day one of ownership). When successful, they will have the right to an extension of 90 years to the current term and ground rent is effectively reduced to zero. Before moving forward with a purchase of a residence with a short lease term remaining you should talk to a solicitor specialising in lease extensions and leasehold enfranchisement. We are are happy to put you in touch with Swiss Cottage conveyancing experts who will explain the options available to you during an initial telephone conversation free of charge. More often than not it is possible to negotiate informally with the freeholder to extend the lease. You may find he or she is happy to negotiate informally and willing to consider your offer straight off, without having to involve anyone else. This will save you time and money and it could help you reach a lower price on the lease. You need to ensure that the agreed terms represent good long-term value compared with the standard benefits of the Section 42 Notice and that onerous clauses are not inserted into any redrafting of the lease.

I am the leaseholder of a first floor flat in Swiss Cottage. In the absence of agreement between myself and the freeholder, can the Leasehold valuation Tribunal determine the sum due for a lease extension?

Most certainly. We are happy to put you in touch with a Swiss Cottage conveyancing firm who can help.

An example of a Lease Extension decision for a Swiss Cottage flat is Raised Ground Floor Flat 20 Fitzjohns Avenue in July 2014. the Tribunal decided that the premiums to be paid for new leases in respect of the Raised Ground Floor Flat and the First Floor Flat were to be calculated as: Raised Ground Floor: £765,175.14 First Floor: £601,617.77 This case affected 2 flats. The unexpired residue of the current lease was 16.83 and 16.43.

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Sample of conveyancing solicitors in Swiss Cottage regulated by the SRA

It is important to note that the listed firms do not limit their work for conveyancing in Swiss Cottage but also conveyancing throughout England and Wales.

  • Gh Canfields Llp, 129 Finchley Road, Swiss Cottage, London, NW3 6HY
  • Stringer Smith & Levett, 239a Finchley Road, London, NW3 6JB
  • Newtons, 22 Fitzjohns Avenue, London, NW3 5NB
  • M M Patel & Co, 26-28 Finchley Road, St. John's Wood, London, NW8 6ES
  • D A Greenberg, 16 Finchley Road, London, NW8 6EB

Commercial Conveyancing solicitors in Swiss Cottage regulated by the SRA

The firms listed below are a non-comprehensive list of solicitors in Swiss Cottage specialising in commercial conveyancing in Swiss Cottage. This should include advice on buying or selling a shop, pub, restaurant, office, retail unit
  • Gh Canfields Llp, 129 Finchley Road, Swiss Cottage, London, NW3 6HY
  • F S Garford, 26 Fairfax Place, London, NW6 4EH
  • Stringer Smith & Levett, 239a Finchley Road, London, NW3 6JB
  • Newtons, 22 Fitzjohns Avenue, London, NW3 5NB
  • M M Patel & Co, 26-28 Finchley Road, St. John's Wood, London, NW8 6ES

Domestic Licensed Conveyancers in Swiss Cottage regulated by the CLC

Please be aware that the listed conveyancers do not limit their work for conveyancing in Swiss Cottage but also conveyancing throughout England and Wales.
  • Stratega Law Ltd, Sutherland House, W1F 7TE
  • House Owners Conveyancers Limited, 56 Windermere Avenue, N3 3RA
  • House Owners Conveyancers Limited, Dephina House, N3 2JU
  • Ldn Conveyancing Ltd, 3 Acton Hill Mews, W3 9QN
  • Quality Conveyancing Ltd, Westgate House, W5 1YY

Neighboring Locations

Frognal
Hampstead
Swiss Cottage
Belsize Park
St John's Wood

*Source acknowledgement: House price data produced by Land Registry as well data supplied by Lexsure Ltd.

© Crown copyright material is reproduced with the permission of Land Registry under delegated authority from the Controller of HMSO.