AssumingI was to buy a simple residential homein Tufnell Park for cash and dispense with a survey and no conveyancing searches how much could I expect to to save on my conveyancing in Tufnell Park?
Any savings you would make will be limited to the disbursement for searches. The conveyancing practitioner still got to do everything else - money laundering, correspond with the vendors property lawyer, SDLT return, register the ownership etc. A slight saving might be made by not needing to register a mortgage but it will not be meaningful.
We hope to to purchase with Loughborough BS. I dropped in 3 or 4 local firms but am struggling to find a Tufnell Park conveyancing firm on the Loughborough BS panel. Please you help?
Please do make use of the search tool on this page. Pick the building society and type Tufnell Park or your preferred area and you will see a number of lawyer based in Tufnell Park or by proximity to you.
This question may be naive but I am new to the house moving as FTB of a ground floor flat in Tufnell Park. Do I pick up the keys to the house on the completion date from my lawyer? If this is the case, I will use a High Street conveyancing solicitor in Tufnell Park?
On the day of completion you do not need to go to the conveyancers office in Tufnell Park. Your solicitors will arrange to send the purchase money to the seller's lawyers, and once they have received this, you should be invited to pick up the keys from the selling Agents and start moving into the property. Usually this happens between 1 and 3pm.
Are all Tufnell Park Conveyancing Quality Solicitors on the Barclays conveyancing panel?
A selection of banks and building societies now make use of CQS as the starting point for Panel approval such as HSBC and Santander. The Law Society’s CQS membership however gives no guarantee to lender panel acceptance. That being said,the CML have indicated that it is likely to become a pre-requisite for firms wishing to remain on their approved list of conveyancing solicitors.
I am selling my apartment. I had a double glazing fitted in July 2007, but did not receive a FENSA certificate or Building Regulation Certificate. My buyer's mortgage company, Aldermore are being a right pain. The Tufnell Park solicitor who is on the Aldermore conveyancing panel is happy to accept ‘lack of building regulation’ insurance but Aldermore are insisting on a building regulation certificate. Why do Aldermore have a conveyancing panel if they don't accept advice from them?
It is probably the case that Aldermore have referred the matter to their valuer. The reason why Aldermore may not want to accept indemnity insurance is because it does not give them any reassurance that the double glazing was correctly and safely installed. The indemnity insurance merely protects against enforcement action which is very unlikely anyway.
I've recently found out that there is a flying freehold element on a property I put an offer in a fortnight ago in what should have been a straight forward, no chain conveyancing. Tufnell Park is where the house is located. Can you shed any light on this issue?
Flying freeholds in Tufnell Park are unusual but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Tufnell Park you must be sure that your lawyer goes through the deeds very carefully. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Tufnell Park may ascertain 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 premises.
As co-executor for the estate of my uncle I am disposing of a house in Newport but reside in Tufnell Park. My conveyancer (who is 260 miles from mehas requested that I execute a statutory declaration ahead of the transaction finalising. Can you recommend a conveyancing practitioner in Tufnell Park to attest and place their company stamp on the document?
strictly speaking you are unlikely to be required to have the documents witnessed by a conveyancing solicitor. Normally any notary public or qualified solicitor will do regardless of whether they are based in Tufnell Park
We expect to complete our sale of a £275,000 garden flat in Tufnell Park in just under a week. The management company has quoted £372 for Certificate of Compliance, building insurance schedule and 3 years statements of service charge. Is it legal for a freeholder to charge exorbitant fees for a leasehold conveyance in Tufnell Park?
Tufnell Park conveyancing on leasehold flats more often than not requires the purchaser’s lawyer sending enquiries for the landlord to address. Although the landlord is under no legal obligation to respond to these enquiries the majority will be willing to do so. They are entitled to levy a reasonable administration fee for responding to enquiries or supplying documentation. There is no upper cap for such fees. The average fee for the information that you are referring to is over three hundred pounds, in some situations it is above £800. The administration charge levied by the landlord must be sent together with a synopsis of rights and obligations in relation to administration charges, otherwise the charge is not strictly payable. Reality however dictates that you have little option but to pay whatever is demanded should you wish to complete the sale of your home.
I have had difficulty in trying to purchase the freehold in Tufnell Park. Can this matter be resolved via the Leasehold Valuation Tribunal?
in cases where there is a absentee landlord or if there is disagreement about what the lease extension should cost, under the relevant legislation you can apply to the Leasehold Valuation Tribunal to calculate the price payable.
An example of a Lease Extension decision for a Tufnell Park flat 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.