The Earls Court conveyancing solicitors that I appointed last week on my purchase in Earls Court have without warning shut down. They were on acting for me because I needed a solicitor on the Principality conveyancing panel and my previous Earls Court lawyer was not. I gave my credit card details for them to take one hundred and fifty pounds for searches. What do I do now?
Assuming that you have an Estate Agent in the equation then inform them straight away so that they can let the sellers know that there may be a slight delay due to reasons beyond your control. Most sellers would be sympathetic and urge their lawyer to send a new set of papers to your new solicitors. You will need to appoint new lawyers that are on the Principality conveyancing panel and notify the lender. If you have paid over any money, it will hopefully be held by the SRA as money in an intervened firm's bank accounts is transferred to the SRA. Then, the SRA or the intervention agent looks at the intervened firm's accounts to work out who the money belongs to. To claim your money you will need to contact the SRA. If the SRA cannot return money you are owed from the firm's bank accounts, or if they can only return part of the money, you can apply to the Compensation Fund for a grant. Your new lawyers should be in a position to assist.
Yesterday I discovered that there is a flying freehold element on a house I put an offer in a fortnight ago in what should have been a straight forward, no chain conveyancing. Earls Court is where the house is located. Can you shed any light on this issue?
Flying freeholds in Earls Court are rare but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Earls Court you must be sure that your lawyer goes through the deeds diligently. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Earls Court may decide 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 premises.
Is it possible to swap conveyancer as I need to retain a firm on the The Royal Bank of Scotland conveyancing panel. I had appointed a local conveyancing solicitor in Earls Court round the corner but he is not accepted by The Royal Bank of Scotland
We will our best to assist in finding you a conveyancing solicitor in Earls Court on the The Royal Bank of Scotland panel. Please note that the law firms that we list do not pay us commission if you instruct them and are fully regulated by the SRA who regulate all conveyancing solicitors in Earls Court. In utilising search facility on this site, you can compare and instruct different solicitors and conveyancers both nationally and in Earls Court.
I work for a busy estate agent office in Earls Court where we see a number of flat sales derailed due to leases having less than 80 years remaining. I have received inconsistent advice from local Earls Court conveyancing firms. Could you clarify whether the owner of a flat can initiate the lease extension process for the purchaser on completion of the sale?
As long as the seller has owned the lease for at least 2 years it is possible, to serve a Section 42 notice to kick-start the lease extension process and assign the benefit of the notice to the purchaser. This means that the proposed purchaser need not have to wait 2 years for a lease extension. Both sets of lawyers will agree to form of assignment. The assignment needs to be completed before, or simultaneously with completion of the disposal of the property.
An alternative approach is to agree the lease extension with the freeholder either before or after the sale. If you are informally negotiating there are no rules and so you cannot insist on the landlord agreeing to grant an extension or transferring the benefit of an agreement to the purchaser.
Despite our best efforts, we have been unsuccessful in seeking a lease extension in Earls Court. Can this matter be resolved via the Leasehold Valuation Tribunal?
Most certainly. We can put you in touch with a Earls Court conveyancing firm who can help.
An example of a Freehold Enfranchisement matter before the tribunal for a Earls Court property is 5 Wetherby Gardens in June 2014. the Tribunal concluded that the price to be paid for the freehold of the property was £2,369,452. This case affected 5 flats. The unexpired term as at the valuation date was 38.98 years.
Me and my husband are looking at buying our first property in Earls Court. Can you recommend a trustworthy Earls Court conveyancing practitioner that would help us as well as act for Yorkshire BS?
The purpose of this site is limited to being a directory service for lawyers who wish to be listed as being on the approved conveyancing panel for Yorkshire BS in certain locations such as Earls Court . Our intention is not to recommend any particular property lawyer.