Would the conveyancing practitioners identified through your search tool execute auction conveyancing in Wembley?
We know of a few auction lawyers we can connect you with those who can conduct auction conveyancing. Wembley is one of hundreds of locations where our lawyers have offices.
Is there a reason why leasehold purchase conveyancing in Wembley is more expensive?
In short, leasehold conveyancing in Wembley and North West London usually warrants more work compared to freehold conveyancing. This includes checking the lease terms, corresponding with the landlord about serving appropriate notices, procuring up-to-date service charge and management information, obtaining the landlord’s consents and reviewing management accounts. The obligations on both the landlord and the tenant in the lease need to be studied by the buyer’s conveyancing team and read from beginning to end – no matter how many different leaseholders have owned the lease since it was first granted.
I am considering refinancing my apartment in Wembley, does my lawyer have to be on the Nationwide Solicitor panel?
There is nothing to stop you using your solicitor, but Nationwide will insist on their interests being represented by a firm on their conveyancing panel. There is much more potential for delays and confusion with two solicitors involved, and it will undoubtedly be more expensive too.
Due to the advice of my in-laws I had a survey completed on a property in Wembley ahead of appointing lawyers. I have been informed that there is a flying freehold element to the property. The surveyor advised that some mortgage companies will refuse to issue a loan on this type of premises.
It depends who your proposed lender is. Bank of Scotland has different requirements from Birmingham Midshires. Should you wish to telephone us we can check via 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 Wembley. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Wembley to see if the conveyancing will be more expensive.
Can you offer any advice when it comes to finding a Wembley conveyancing firm to carry out our lease extension conveyancing?
When appointing a solicitor for your lease extension (regardless if they are a Wembley conveyancing practice) it is most important that they be familiar with the legislation and specialises in this area of work. We advise that you talk with several firms including non Wembley conveyancing practices prior to instructing a firm. Where the conveyancing practice is ALEP accredited then that’s a bonus. The following questions might be of use:
If they are not ALEP accredited then why not? How familiar is the practice with lease extension legislation?
We have reached the end of our tether in negotiating a lease extension in Wembley. Can the Leasehold Valuation Tribunal adjudicate on premiums?
Most definitely. We are happy to put you in touch with a Wembley conveyancing firm who can help.
An example of a Lease Extension decision for a Wembley premises is Ground Floor Flat 79 London Road in September 2012. the Tribunal held that the premium payable for the lease extension should be £7,636 This case was in relation to 1 flat. The unexpired term was 74 years.
I pay a service charge for my appartment in Wembley. As a result of personal circumstances I slipped into arrears with payments. I negotiated a settlement schedule but there remains two remaining in arrears.
I want to sell and I am nervous that this will threaten to derail the sale if I have to settle the amount due in advance. I'd like to sell up and subsequently pay them back with the proceeds - is this achievable?
You should speak with the solicitor undertaking your Wembley conveyancing but it might be possible to arrange for the outstanding amount to be passed to the purchasers. The final price payable would be reduced to reflect the amount of debt they assume. They could then deal with the arrears following completion of the sale.