I require conveyancing for an apartment in a relatively new development (five years built) in West Hampstead. 95% of the appartments have already been sold. Do I need carry out the neighbourhood searches as part of conveyancing in West Hampstead?
You would be taking a significant risk in not carrying out West Hampstead conveyancing searches. Without searches you have no clarity over flooding, environmental etc which may mean you walk away due to potential problems down the line. If you are buying without a mortgage there is no legal necessity to have them, but we would strongly advise in no uncertain terms that your solicitor conducts them. If speed and driving down costs are top of your issues you should discuss with your conveyancer about the options such as lack of search insurance available to you
I require quick conveyancing in West Hampstead as I am faced with pressure to exchange contracts in less than one month. A mortgage is not required. Can I escape the need for conveyancing searches to save fees and time?
If.Given you are are a mortgage free purchaser you are at liberty not to have searches carried out although no lawyer would advise that you don't. Drawing on our experience of conveyancing in West Hampstead the following are instances of what can arise and therefore impact future mortgageability: Refused Planning Applications, Outstanding Charges, Outstanding Grants, Unadopted Roads,...
The deeds to my property can not be found. The conveyancers who did the conveyancing in West Hampstead 5 years ago have long since closed. What are my options?
These day there are duplicates made of almost everything, and your conveyancer should be aware precisely where to locate all the relevant documentation so you can buy or dispose of your house without a hitch. Where duplicates can’t be located, your lawyer may be able to arrange cover in the form of insurance or indemnities protecting you against future claims on the property.
Yesterday I discovered that there is a flying freehold issue on a property I have offered on last month in what was supposed to be a simple, chain free conveyancing. West Hampstead is the location of the property. Is there any guidance you can give?
Flying freeholds in West Hampstead are not the norm but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in West Hampstead you would need to get your solicitor to go through the deeds very carefully. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in West Hampstead 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.
What are your top tips when it comes to finding a West Hampstead conveyancing firm to deal with our lease extension?
If you are instructing a property lawyer for your lease extension (regardless if they are a West Hampstead conveyancing practice) it is most important that he or she should be familiar with the legislation and specialises in this area of work. We recommend that you speak with several firms including non West Hampstead conveyancing practices before you instructing a firm. Where the conveyancing practice is ALEP accredited then so much the better. The following questions might be of use:
How many lease extensions has the firm carried out in West Hampstead in the last year?
I have tried to negotiate informally with with my landlord to extend my lease without success. Can the Leasehold Valuation Tribunal adjudicate on such matters? Can you recommend a West Hampstead conveyancing firm to assist?
Most certainly. We are happy to put you in touch with a West Hampstead conveyancing firm who can help.
An example of a Lease Extension case for a West Hampstead premises is Flat A 372 Cricklewood Lane in January 2013. The Tribunal decided that the premium for the extended lease should be £5,750.00 and that the terms of the new lease should be those set out in annex to the decsion This case related to 1 flat.
My wife and I have just discovered that one of the partners of the law firm undertaking the purchase conveyancing in West Hampstead is an aunty of the owners that we are buying from. Is this permitted?
Provided there is no conflict of interest this is allowable. Where you are requiring mortgage finance then the mortgage company may have a say as many mortgage companies have specific instructions concerning this. For example for RBS - Virgin One as of 9/10/2019, the requirements read as follows :