I am in a contract race with another buyer for a property in Blackfriars. What can I do to quicken up the legal process?
In a situation where the seller is applying pressure for your conveyancing we would recommend that your conveyancer is familiar with the area as they will make use of local relationships and knowledge. It is even conceivable that they would have transacted previoushomes in the same road. You would be best advised to use a Blackfriars conveyancing lawyer. In addition, make sure that the lawyer is on the member panel. It is understood that just under twenty per cent of Blackfriars conveyancing deals are delayed or jeopardised after finding out that a buyer’s lawyer was not on their banks panel. In many cases this discovery resulted in the home move being delayed by an average of three weeks. It is believed that this issue affects approximately one hundred thousand home sales annually. Many Blackfriars conveyancing firms can not represent certain mortgage companies so do check at the outset.
We are close to exchanging contracts on the sale of our home in Blackfriars and the buyers lawyers are claiming that there is a possibility that the property was constructed on contaminated land. Any local lawyer would know that there is no such problem. It does beg the question why the buyers instructed an online conveyancing outfit as opposed to a conveyancing solicitor in Blackfriars. Having lived in Blackfriars for 5 years we know of no issue. Should we get in touch with our local Authority to obtain clarification that there is no issue.
It sounds as though you may have a conveyancing solicitor already. What do they say? You need to enquire of your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out health insurance to cover that same sickness)
Despite weeks of looking the Title Certificate and documents to our property are lost. The solicitors who handled the conveyancing in Blackfriars 10 years ago are no longer around. What do I do?
Assuming the title is registered the information relating to your proprietorship will be retained by the Land Registry with a Title Number. It is easy to carry out a search at the Land Registry, identify your property and secure up to date copies of the Registered Entries for a small fee. Where the title is Leasehold then the Land Registry will in most cases hold a file copy of the Registered Lease and again, a copy can be ordered for a small fee.
I am a sole trader planning to lease a unit on a shopping parade. Can you recommend conveyancers offering no-sale-no charges for commercial conveyancing in Blackfriars for less than £2000?
We are happy to recommend firms who have an in-depth of experience of commercial conveyancing in Blackfriars, including the sale and purchase of businesses as well as simply premises. If you are looking to buy or dispose of a shop, pub, restaurant, office, retail unit or a whole business we will find you the right solicitor. Regarding the charges this will depend on the structure and nuances of the proposed transaction. Let us have your details or call us so that we may furnish you with comprehensive commercial conveyancing quote.
Last March I purchased a leasehold house in Blackfriars. Am I liable to pay service charges relating to a period prior to my ownership?
Where the service charge has already been demanded from the previous lessee and they have not paid you would not usually be personally liable for the arrears. However, your landlord may still be able to take action to forfeit the lease. A critical element of leasehold conveyancing for your conveyancer to ensure to have an up to date clear service charge receipt before completion of your purchase. If you have a mortgage this is likely to be a requirement of your lender.
If you purchase part way through an accounting year you may be liable for charges not yet demanded even if they relate to a period prior to your purchase. In such circumstances your conveyancer would normally arrange for the seller to set aside some money to cover their part of the period (usually called a service charge retention).
I have tried to negotiate informally with with my landlord for a lease extension without any joy. Can the Leasehold Valuation Tribunal adjudicate on such issues? Can you recommend a Blackfriars conveyancing firm to represent me?
Absolutely. We are happy to put you in touch with a Blackfriars conveyancing firm who can help.
An example of a Lease Extension decision for a Blackfriars premises is Flat 89 Trinity Court Grays Inn Road in February 2013. the Tribunal found that the premium to be paid by the tenant on the grant of a new lease, in accordance with section 56 and Schedule 13 to the Leasehold Reform, Housing and Urban Development Act 1993 should be £36,229. This case affected 1 flat. The remaining number of years on the lease was 66.8 years.
Some weeks ago I was advised by my mortgage company that their approved conveyancers operate no sale no fee basis for conveyancing in Blackfriars. I had a purchase abort and now the lawyers have invoiced for search fees! They are stating that the fees are nothing to do with their fees!
By offering "no move no fee" Blackfriars conveyancing firms are writing off their fees for any work conducted. We should point out that this does not constitute an insurance scheme. Disbursements aren’t covered – where the property lawyer have to pay money out to third parties, e.g. Blackfriars local search fees