My husband and I intend to remortgage our maisonette in Willesden with UBS. We have a son 19 who lives at home. Our solicitor has asked us to disclose anyone over the age of 17 other than ourselves who lives in the flat. Our lawyer has now e-mailed a document for our son to sign, giving up any rights in the event that the property is repossessed. I have a couple of concerns (1) Is this document specific to the UBS conveyancing panel as he did not need to sign this form when we bought 3 years ago (2) In signing this form is our son in any way compromising his right to inherit the property?
First, rest assured that your UBS conveyancing panel solicitor is doing the right thing as it is established procedure for any occupier who is aged 17 or over to sign the necessary Consent Form, which is purely to state that any rights he has in the property are postponed and secondary to UBS. This is solely used to protect UBS if the property were re-possessed so that in such circumstances, your son would be legally obliged to leave. It does not impact your son’s right to inherit the apartment. Please note that if your son were to inherit and the mortgage in favour of UBS had not been discharged, he would be liable to take over the loan or pay it off, but other than that, there is nothing stopping him from keeping the property in accordance with your will or the rules of intestacy.
I completed on my apartment on 3 September and my personal details is yet to be on the land registry website. Need I be worried? My conveyancing solicitor in Willesden said it should be registered in less than a month. Are properties in Willesden particularly slow to register?
As far as conveyancing in Willesden is concerned, registration is no faster or slower than the rest of the country. As opposed to being determined by geographic area, timescales can adjust according to who lodges the application, whether there are errors and if the Land registry communicate with any third persons or bodies. As of today in the region of three quarters of such applications are completed in less than three weeks but some can be subject to extensive delays. Registration occurs once the purchaser has moved in to the property therefore an expedited registration is not always top priority but where there is a degree of urgency associated with the registration then you or your conveyancer must communicate with the Registry to express the reasoning for an expedited registration.
About to purchase a new build apartment in Willesden. Conveyancing is necessary evil at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build conveyancing.
Here are examples of a few leasehold new build enquiries that you may expect your new-build leasehold conveyancing in Willesden
Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? Forfeiture - bankruptcy or liquidation must not apply under this provision. If there are lifts in the building, please confirm that the owners of flats on the ground and basement floors will not be required to contribute towards the cost of maintenance and renewal. Please confirm the Lease plans are architect prepared. Where there is an Undertaking being granted there is the risk of forfeiture of the Headlease subject to relief if one or more of the Underlessees are willing to accept the original Head Lessee’s obligations as otherwise relief will be denied to the Underlessees. The only alternatives are the Head Lessor agreeing not to forfeit the Headlease or the Head Lessee guaranteeing to the Underlessees that it will not be in breach of the Headlease.
I have been advised by two or three local estate agents in Willesden to get a quote from a solicitor on your site. Is there a financial advantage for Estate Agents to offer your lawyers rather than another?
We refuse to give any financial incentive for directing people our way. We found it would be just too difficult to pay a commission as home movers will think, ‘Why is the agent getting a kickback? Why aren’t I getting any benefit too?’ We would prefer to grow our business on genuine recommendations.
I am thinking of appointing a conveyancing lawyer in Willesden for my sale. Is there any facility to check a firm’s record with the profession’s regulator?
Members of the public may see documented Solicitor Regulator Association (SRA) determinations resulting from inquisitions from 2008 onwards. Go to Check a solicitor's record. To find records Pre 2008, or to check a firm's record, phone 0870 606 2555, 08.00 - 18.00 Monday, Wednesday, Thursday, Friday and 09.30 - 18.00 Tuesday. International callers, dial +44 (0)121 329 6800. The regulator sometimes monitor call for training purposes.
Our conveyancer has advised that he intends to complete and exchange simultaneously on our sale of a £475,000 maisonette in Willesden in just under a week. The freeholder has quoted £372 for Landlord’s certificate, insurance certificate and 3 years statements of service charge. Is it legal for a freeholder to charge such fees for a flat conveyance in Willesden?
Willesden conveyancing on leasehold maisonettes nine out of ten times involves administration charges raised by freeholders :
Answering pre-contract questions
Where consent is required before sale in Willesden
Supplying insurance information
Deeds of covenant upon sale
Registering of the assignment of the change of lessee after a sale
Having spent months of correspondence we simply can't agree with our landlord on how much the lease extension should cost for our flat in Willesden. Can we issue an application to the Residential Property Tribunal Service?
You certainly can. We are happy to put you in touch with a Willesden conveyancing firm who can help.
An example of a lease Extension matter before the tribunal for a Willesden property is First Floor Flat 47 Huddlestone Road in December 2010. the Tribunal a valuation of £13,000 for a lease extension having been asked to consider the premium following a vesting order being granted by Willesden County Court On 14th September 2009 This case related to 1 flat. The unexpired lease term was 71.87 years.