I have Fifty Six years unexpired on my lease and require a lease extension for my flat in Kingsland. Conveyancing solicitors on the Platform panel can deal with such extensions right?
Most leasehold conveyancing experts should be able to deal with a lease extension. if you are getting a mortgage then your lender may insist that the lease be extended before competition. Platform have specific requirements as set out in the UK Finance Lenders’ Handbook in relation to minimum unexpired lease terms. As of 18/2/2025 the requirements read as follows :
I have todaybecome aware that Arc property Solicitors have been shut down. They conducted my conveyancing in Kingsland for a purchase of a freehold house 9 months ago. How can I be sure that the property is registered correctly in the name of the former proprietor?
The quickest way to check if the property is in your name, you can make a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Kingsland conveyancing specialists.
We are 17 days into a freehold purchase having been recommend to a firm by the high street agent to carry out the conveyancing in Kingsland. We are not happy. Could you help me find new lawyers?
A lawyer would need to be really bad to suggest replacing them. Has your loan offer been issued? In the event that it has you will need to make them aware of the new solicitor and have the mortgage documents are issued to the new lawyers. The conveyancer should be on the banks approved list to avoid supplemental fees and delays. That should be your first question of the new solicitors. Our find a solicitor tool can assist you in finding a bank approved solicitor for your home move in Kingsland
Last August I purchased a leasehold flat in Kingsland. Do I have any liability for service charges for periods before 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. It is an essential part of leasehold conveyancing for your conveyancer to be sure 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 to extend my lease without success. Can the Leasehold Valuation Tribunal decide on such issues? Can you recommend a Kingsland conveyancing firm to act on my behalf?
Where there is a absentee landlord or if there is disagreement about what the lease extension should cost, under the Leasehold Reform, Housing and Urban Development Act 1993 it is possible to make an application to the Leasehold Valuation Tribunal to assess the amount due.
An example of a Lease Extension case for a Kingsland residence is 5C Stoke Newington Road in April 2010. the Tribunal therefore concludes that the premium to be paid for the extended lease is £700.00 This case was in relation to 1 flat. The unexpired term as at the valuation date was 80.5 years.
Do I have to attend the offices of the lender conveyancing panel solicitor to sign the mortgage deed? If so, I will choose one who does conveyancing in Kingsland as it will be easier to attend their offices if necessary.
Whereas this was necessary 12 years ago, most lenders no longer require their conveyancing panel solicitor to witness the borrowers signature. You will still be obliged to provide ID Documents and there are still distinct advantages to using a local solicitor, in your case a conveyancing solicitor in Kingsland.