I plan on acquiring a ground floor flat in Tufnell Park. My property lawyer is not on the bank solicitor list. Can I still retain my Tufnell Park conveyancing solicitor even though they are not on the bank list of approved lawyers?
You have numerous choices open to you here
- Proceed with your preferred Tufnell Park conveyancer but your bank will undoubtedly retain a property lawyer on their conveyancing panel. This will result in additional charges together with likely delay.
- Choose a new property lawyer to conduct the conveyancing, obviously checking they are on the bank conveyancing panel.
- Convince your solicitor to do everything possible to get listed on the bank’s panel of solicitors
What happens if my solicitor is removed from the Clydesdale Conveyancing panel ahead of completing my conveyancing in Tufnell Park?
First, this is very unlikely to happen. In most cases even where a law firm is removed off of a panel the lender would allow the completion to go ahead as the lender would appreciate the difficulties that they would place you in if you have to instruct a new solicitor days before completion. In a worst case scenario where the lender insists that you instruct a new firm then it is possible for a very good lawyer to expedite the conveyancing albeit that you may pay a significant premium for this. The analogous situation is where a buyer instructs a lawyer, exchanges contracts and the law firm is shut down by a regulator such as the SRA. Again, in this situation you can find lawyers who can troubleshoot their way to bring the conveyancing to a satisfactory conclusion - albeit for a fee.
I opted to have a survey completed on a property in Tufnell Park prior to instructing lawyers. I have been informed that there is a flying freehold overhang to the property. The surveyor advised that some banks tend refuse to grant a mortgage on such a house.
It varies from the lender to lender. Lloyds has different instructions from Birmingham Midshires. Should you wish to call us we can check via the relevant lender. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Tufnell Park. Conveyancing may be slightly more expensive based on your lender's requirements.
I need to instruct a conveyancing solicitor for remortgage conveyancing in Tufnell Park. I've land on a web site which seems to have the ideal offering If there is a chance to get all the legals completed via email that would be preferable. Do I need to be wary? What are the potential pitfalls?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?
Estate agents have just been given the go-ahead to market my 2 bed flat in Tufnell Park. Conveyancing has not commenced, but I have just had a half-yearly maintenance charge demand – should I leave it to the buyer to sort out?
The sensible thing to do is pay the service charge as normal as all ground rent and service payments should be apportioned as part of the financial calculations for completion monies, so you should recover the relevant percentage by the buyer for the period running from after the completion date to the subsequent invoice date. Most management companies will not acknowledge the buyer unless the service charges have been paid and are up to date, so it is important for both buyer and seller for the seller to show that they are up to date. Having a clear account will assist your cause and will leave you no worse off financially.
I have attempted and failed to negotiate with my landlord to extend my lease without any joy. Can a leaseholder make an application to the Leasehold Valuation Tribunal? Can you recommend a Tufnell Park conveyancing firm to assist?
Where there is a missing landlord or if there is dispute about what the lease extension should cost, under the relevant legislation you can apply to the First-tier Tribunal (Property Chamber) to determine the price.
An example of a Lease Extension case for a Tufnell Park premises is Flat 2 27 Mackeson Road in December 2012. The Tribunal assessed the value of the lease extension premium at £35,435 and rounded the figure to £35,500 This case affected 1 flat. The unexpired lease term was 64.77 years.
What are my options where I am dissatisfied with the conveyancing practitioner who undertook our conveyancing in Tufnell Park?
We live in an imperfect world, and unfortunately every so often matters do not go as planned. That being said there is recourse where you were dissatisfied with your conveyancing in Tufnell Park. This varies from trying to resolve matters directly with them, through to reporting a property lawyer to their governing body. If things still aren’t resolved you may consider getting in touch with the Legal Ombudsman.