I have given 8 weeks notice to my current landlord and must vacate my let out flat in King's Cross by 25/4/2025. Conveyancing on my purchase has just started. Is it possible to complete in 4 weeks as don't want to have to move into short term accommodation?

Generally one should not serve notice for your tenancy unless exchange of contracts has taken place. Assuming that you have not already done so, speak to your solicitor and urge them to they apply pressure on the other solicitors, try to an acceptable time-line that all parties will look towards

Can your site be used to locate a Conveyancing solicitor in King's Cross even if I’m not purchasing or selling a house, for instance where I wish to buy an office in King's Cross with a loan from Platform Home Loans Ltd?

Our comparison service is primarily there to help choose domestic conveyancing solicitors in King's Cross but we have recorded towards the end of this page a few King's Cross commercial conveyancing firms. You will need to enquire with the company directly to check if they are also authorised to represent Platform Home Loans Ltd

Over the last few months I have been searching for a leasehold apartment up to £305k and identified one close by in King's Cross I like with amenity areas and station nearby, the downside is that it's only got 52 years unexpired on the lease. I can't really find anything else in King's Cross suitable, so just wondered if I would be making a grave error buying a lease with such few years left?

If you require a mortgage that many years will be a potential deal breaker. Reduce the offer by the amount the lease extension will cost if not already taken into account. If the existing proprietor has owned the premises for a minimum of twenty four months you can ask them to start the process of the extension and pass it to you. An additional ninety years can be extended on to the current lease term with a zero ground rent applied. You should speak to your conveyancing lawyer regarding this.

My husband and I are first time buyers - agreed a price, yet the estate agent informed us that the vendor will only proceed if we use the agent's recommended lawyers as they need a ‘quick sale’. We would rather use a high street conveyancer who is familiar with conveyancing in King's Cross

We suspect that the seller is not behind this requirement. If they require ‘a quick sale', taking such a hostile approach to a serious buyer is going to damage their objectives. Speak to the vendors direct and explain that (a)you are keen to buy (b)you are excited to move forward, with finances arranged © you have nothing to sell (d) you wish to move quickly (e)however you are going to appoint your preferred King's Cross conveyancing solicitors - not the ones that will give the estate agent a introducer fee or achieve conveyancing targets pre-set by senior management.

I am employed by a reputable estate agent office in King's Cross where we see a number of flat sales jeopardised as a result of short leases. I have received contradictory information from local King's Cross conveyancing solicitors. Can you clarify whether the seller of a flat can commence the lease extension formalities for the buyer?

Provided that 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 can avoid having to sit tight for 2 years to extend their lease. Both sets of lawyers will agree to form of assignment. The assignment has to be done prior to, or at the same time as completion of the sale.

Alternatively, it may be possible to extend the lease informally by agreement with the landlord 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.

We have reached the end of our tether in trying to reach an agreement for a lease extension in King's Cross. Can this matter be resolved via the Leasehold Valuation Tribunal?

if there is a absentee landlord or if there is dispute about the premium for a lease extension, under the Leasehold Reform, Housing and Urban Development Act 1993 you can apply to the Leasehold Valuation Tribunal to arrive at the premium.

An example of a Lease Extension decision for a King's Cross flat 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 related to 1 flat. The unexpired residue of the current lease was 66.8 years.