I am hoping to receive a mortgage offer from Nat West. My intention is to retain the legal services of a Licensed Conveyancer in Kenton. Does the Nat West Solicitor panel allow for Licensed Conveyancers?
The Nat West conveyancing panel is, like many other lenders, represented by the CML or BSA, open to Licensed Conveyancers regulated by the CLC.
My wife and I are due to exchange on the purchase of a property in Kenton but as a consequence of damage from some water damage at the property I have was able negotiate reparation from the current proprietors of £3k in the form of a reduction in the price. This was going to be addressed as part of a side agreement however Skipton are not allowing this. Why were they approached?
Your solicitor being on a Skipton conveyancing panel is obliged to advise Skipton of any variations to the purchase price. If you prohibit your solicitor to notify the price change to Skipton then they would have to discontinue acting for you. In addition, Skipton and you would have to appoint a new conveyancing practitioner for your conveyancing in Kenton.
As someone unfamiliar with conveyancing in Kenton what is your top tip you can give me concerning the home moving process in Kenton
You may not hear this from too many lawyers but conveyancing in Kenton or throughout North London is often a confrontational experience. Put another way, when it comes to conveyancing there exists lots of room for conflict between you and other parties involved in the legal transfer of property. For example, the vendor, selling agent and sometimes the bank. Choosing a lawyer for your conveyancing in Kenton is a critical decision as your conveyancer is your adviser, and is the ONLY person in the process whose responsibility is to look after your best interests and to protect you.
On occasion a third party with a vested interest will attempt to persuade you that it is in your interests to do things their way. For example, the property agent may claim to be assisting by suggesting your solicitor is dragging his heels. Or your mortgage broker may advise you to do something that is contrary to your lawyers guidance. You should always trust your lawyer above all other parties when it comes to the legal transfer of property.
My uncle has encouraged me to instruct his lawyers for conveyancing in Kenton. Should I use them?
Much as we are happy to recommend a Kenton conveyancing lawyer the ideal way to select a conveyancing practitioner is to get referrals from friends or family who have used the solicitor that you are are thinking of instructing.
I am tempted by the attractive purchase price for a couple of flats in Kenton both have in the region of fifty years left on the leases. Should I regard a short lease as a deal breaker?
A lease is a legal document that entitles you to use the premises for a prescribed time frame. As the lease shortens the saleability of the lease deteriorates and it becomes more costly to acquire a lease extension. This is why it is advisable to increase the term of the lease. Sometimes it is difficult to sell a property with a short lease as mortgage lenders may be unwilling to lend money on properties of this type. Lease extension can be a protracted process. We recommend you seek professional assistance from a conveyancer and surveyor with experience in this arena.
I inherited a ground-floor 1960’s flat in Kenton. Given that I can not reach agreement with the freeholder, can the Leasehold valuation Tribunal determine the premium due for the purchase of the freehold?
Most definitely. We are happy to put you in touch with a Kenton conveyancing firm who can help.
An example of a Freehold Enfranchisement case for a Kenton property is 139/139A Masons Avenue in February 2010. this was a case with an absentee freeholder. As a result the leaseholders applied to Willesden County Court for an order dispensing with the giving of a notice of claim.14th October 2009 District Judge Brar granted a vesting order and the court directed that the matter should be transferred to this tribunal to determine the freehold premium. The tribunal concluded on a figure of £13,000 for the freehold interest This case affected 1 flat. The remaining number of years on the lease was 74 years.