Do the conveyancing practitioners listed on your site conduct right to buy conveyancing in Seven Kings?
We do have a number of conveyancing conveyancers carrying out right to buy conveyancing Do contact the solicitors listed in order to obtain a conveyancing quote.
Do I need to take out insurance to protect me from financial exposure to chancel repairs when acquiring a residence in Seven Kings?
Unless a prior acquisition of the premises completed after 12 October 2013 you may expect lawyers delivering conveyancing in Seven Kings to continue to propose a a chancel search and or chancel repair liability policy.
Over the last few months I have been searching for a leasehold apartment up to £195,000 and found one close by in Seven Kings I like with a park and station nearby, the downside is that it only has 51 years unexpired on the lease. There is not much else in Seven Kings suitable, so just wondered if I would be making a mistake acquiring a short lease?
Should you require a mortgage the remaining unexpired lease term will likely be an issue. Discount the offer by the amount the lease extension will cost if not already taken into account. If the current proprietor has owned the premises for a minimum of twenty four months you can request that they start the process of the extension and pass it to you. An additional ninety years can be extended on to the existing lease term with a zero ground rent applied. You should speak to your conveyancing lawyer regarding this.
I was recommended by numerous estate agents in Seven Kings to locate a solicitor on your site. Is there a financial upside for Estate Agents to market your site ahead of alternative conveyancing organisations?
We don’t make any financial incentive for pointing buyers and sellers to this site. We thought it would be too underhand to pay a commission as members of the public would think, ‘Why is the agent getting a kickback? Why am I not receiving any benefit too?’ We would prefer to grow our business on genuine recommendations.
All being well we will complete our sale of a £425,000 flat in Seven Kings next Monday. The managing agents has quoted £420 for Certificate of Compliance, insurance certificate and previous years statements of service charge. Is it legal for a freeholder to charge an administration fee for a leasehold conveyance in Seven Kings?
Seven Kings conveyancing on leasehold apartments often necessitates the purchaser’s lawyer sending enquiries for the landlord to address. Although the landlord is under no legal obligation to answer such questions the majority will be willing to assist. They may levy a reasonable administration fee for answering enquiries or supplying documentation. There is no upper cap for such fees. The average fee for the information that you are referring to is £350, in some situations it exceeds £800. The management information fee levied by the landlord must be sent together with a synopsis of entitlements and obligations in relation to administration fees, without which the charge is not strictly payable. In reality one has little choice but to pay whatever is requested of you should you wish to sell the property.
I have tried to negotiate informally with with my landlord to extend my lease without any joy. Can the Leasehold Valuation Tribunal adjudicate on such issues? Can you recommend a Seven Kings conveyancing firm to represent me?
if there is a missing landlord or if there is dispute about what the lease extension should cost, under the relevant statutes it is possible to make an application to the Leasehold Valuation Tribunal to decide the price.
An example of a Lease Extension matter before the tribunal for a Seven Kings premises is 49 Aldborough Road South in July 2012. The Tribunal decided that the premium payable for the grant of the new lease was £13,925 This case related to 1 flat. The unexpired residue of the current lease was 61.36 years.