Is there a reason to appoint a Maida Hill conveyancing solicitors firm given that web based alternatives are cheap by comparison?
By all means make sure that you compare conveyancing costs in Maida Hill and you should seek a reasonable estimate but don’t be focused with getting the lowest priced Maida Hill conveyancer. Locating the right conveyancer can mark the difference between a seamless and a stressful move. It is important that you ensure that you have expert advice from an experienced conveyancer. An e-mail can never replace a telephone call and can never replicate a face to face meeting. The firms that we work with will appoint you a qualified and experienced conveyancing solicitor who can handle your conveyancing from beginning to end, providing a level of hand holding that you rarely receive from an web based conveyancer. Our lawyers will update you as to progress and keep you informed. Should you need to phone the office you will be sure who you need to speak to and we'll ensure you are kept fully informed.
Are there restrictive covenants that are commonly picked up during conveyancing in Maida Hill?
Covenants that are restrictive in nature can be picked up when reviewing land registry title as part of the legal transfer of property in Maida Hill. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
I've recently found out that there is a flying freehold issue on a house I put an offer in a fortnight ago in what should have been a straight forward, chain free conveyancing. Maida Hill is the location of the property. Is there any advice you can give?
Flying freeholds in Maida Hill are unusual but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Maida Hill you would need to get your solicitor to go through the deeds very carefully. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Maida Hill 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 residence.
I am looking at a couple of maisonettes in Maida Hill which have approximately fifty years unexpired on the leases. Will this present a problem?
There are plenty of short leases in Maida Hill. The lease is a right to use the property for a period of time. As the lease shortens the marketability of the lease deteriorates and it becomes more expensive to extend the lease. For this reason it is generally wise to increase the term of the lease. It is often difficulties arise selling premises with a short lease because mortgage companies less inclined to grant a loan on such properties. Lease extension can be a difficult process. We recommend you get professional help from a conveyancer and surveyor with experience in this arena.
I have tried to negotiate informally with with my landlord for a lease extension without getting anywhere. Can the Leasehold Valuation Tribunal decide on such matters? Can you recommend a Maida Hill conveyancing firm to help?
in cases where there is a missing landlord or if there is dispute about what the lease extension should cost, under the Leasehold Reform, Housing and Urban Development Act 1993 you can apply to the First-tier Tribunal (Property Chamber) to decide the amount due.
An example of a Lease Extension matter before the tribunal for a Maida Hill premises is Flat 1 57 Oxford Gardens in January 2014. the Tribunal decided that the premium to be paidfor a new lease is £61,650.00. This case related to 1 flat. The unexpired lease term was 60 years.
We are soon to complete on the purchase a property in Maida Hill but as a consequence of wreckage from the recent storms I have agreed reparation from the current proprietors of £2k taking the form of a adjustment in the price. This was going to be dealt with as part of the conveyancing process however my bank will not agree to this. Should they have been informed?
Any property lawyer being on a lender conveyancing panel is duty bound to advise the lender of any changes to the sale price. If you were to refuse your conveyancing practitioner to report the price change to your mortgage company then they would have to discontinue acting for you and the lender.