We were just about to exchange contracts for a leasehold flat in Swiss Cottage. We have hit a snag. Our mortgage offer with Yorkshire Building Society expires on 14/8/2025 but the vendors are suggesting a completion date of 18/8/2025. Is it possible to extend the loan expiry date?
The person best placed to deal with your question is your lawyer who will hopefully determine if he or she is should be discussing with the mortgage company, seller’s solicitors, selling agents or conceivably all three based on what has happend in your transaction as of today.
Having sold my house in Swiss Cottage last February but the buyer keeps SMS messaging daily complaining that their lawyer needs to hear from mylawyer. What should have happened following completion?
Following your disposal your conveyancer should send the transfer deeds and all of the paperwork to the buyer’s lawyers. If applicable, your solicitor must also send confirmation that the mortgage has been repaid to the purchasers solicitors. There is unlikely to be post completion requirements just for conveyancing in Swiss Cottage.
I need some fast conveyancing in Swiss Cottage as I am under pressure to sign on the dotted line within one month. Luckily I do not need a mortgage. Can I escape the need for conveyancing searches to save fees and time?
As you are are a mortgage free buyer you are at free not to do searches although no solicitor would recommend that you don't. With lots of history conveyancing in Swiss Cottage the following are examples of issues that can crop up and therefore impact future mortgageability: Refused Planning Applications, Overdue Charges, Overdue Grants, Unadopted Roads,...
About to purchase a new build apartment in Swiss Cottage. Conveyancing is daunting at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build conveyancing.
Set out below are examples of a few leasehold new build questions that you should expect your new-build leasehold conveyancing in Swiss Cottage
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The Vendor must covenant to keep unsold units in good repair until long leases are granted therefore. Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier? Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents. Forfeiture - bankruptcy or liquidation must not apply under this provision. Please supply a car parking plan.
I've recently found out that there is a flying freehold issue on a property I have offered on two weeks back in what should have been a quick, no chain conveyancing. Swiss Cottage is where the house is located. What do you suggest?
Flying freeholds in Swiss Cottage are rare but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Swiss Cottage you would need to get your solicitor to go through the deeds thoroughly. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Swiss Cottage may determine 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 residence.
In what way does the Landlord & Tenant Act 1954 affect my commercial premises in Swiss Cottage and how can you help?
The particular law that you refer to affords a safeguard to business lessees, giving them the a statutory right to make a request to court for a continuation of occupancy when the lease comes to an end. There are limited grounds where a landlord can refuse a lease renewal and the rules are complex. Fees are different for commercial conveyancing. Swiss Cottage is one of the hundreds of areas of the UK in which the firms we work with are located