I have given 2 months notice to my current landlord and have to vacate my let out flat in Woodside Park by the end of next month. Conveyancing on my purchase is progressing. Is it possible to complete in 5 weeks as don't want to have to find short term accommodation?
It is unwise to serve notice on a rental until exchange of contracts has taken place. Assuming that you have not already done so, notify to your solicitor and request that they cajole the sellers lawyers, try to a target completion date that everyone will look to achieve
My grandfather passed away last year and as sole heir and executor I was left the house in Woodside Park. The house had a small mortgage left on it of around £8000. I want to transfer the title deeds into my name whilst I re-mortgage to TSB, pay off the mortgage. Is this possible?
Given you plan to re-mortgage then TSB will require that you use a conveyancer on the TSB conveyancing panel. Here is link to the Land Registry online guidance around what to do when a property owner dies. This will help you to understand the registration process behind changing the details re the registered title. in your case it would appear that you are effectively purchasing the property from the estate. Your TSB conveyancing panel solicitor pays the new mortgage money into the estate, the estate pays off the old mortgage, the charge is released and you become the owner and the TSB mortgage is registered as a charge at the Land Registry.
Just had an offer accepted on a new build apartment in Woodside Park. Conveyancing is daunting 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 legal work.
Set out below are examples of a few leasehold new build enquiries that you can expect your new-build leasehold conveyancing in Woodside Park
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There must be mutual enforceability of lessee’s covenants. 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. Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose? Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents. Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier?
Due to the guidance of my in-laws I had a survey completed on a property in Woodside Park ahead of instructing lawyers. I have been advised that there is a flying freehold element to the property. Our surveyor has said that some banks may refuse to issue a mortgage on this type of premises.
It depends who your proposed lender is. Santander has different requirements for example to Halifax. If you contact us we can investigate further with the relevant mortgage company. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Woodside Park. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Woodside Park to see if the conveyancing will be more expensive.
What does commercial conveyancing in Woodside Park cover?
Woodside Park conveyancing for business premises covers a wide range of advice, provided by regulated solicitors, relating to business premises. By way of example, this type of conveyancing can cover the sale or purchase of freehold business premises or, more usually, the assignment of existing business tenancies or the drafting of new leasing arrangements. Commercial conveyancing solicitors can also offer advice on the sale of business assets, commercial loans and the termination of leases.
I have been recommended a conveyancing solicitor in Woodside Park. I I would like to check if they are listed on the lender's conveyancing panel. Could you help?
It’s a good idea contact your solicitor to check if they are on the lender's panel. If that does not help get in touch with us and we can investigate and revert. Should the firm not be on the bank panel we we can help find a reputable conveyancing solicitor in Woodside Park on the panel for your lender.