Willinstructing a Camden Town conveyancing practice make my purchase more efficient?

Existing third party relationships is an important consideration when choosing conveyancing solicitors. Camden Town conveyancers often have long term relationships with lenders and estate, local authorities, valuers and other law firms meaning the whole process is going to be much smoother for you. Hosting a well rounded insight into the local area also helps too.

Why do I have to pay up front for conveyancing in Camden Town?

If you are buying a property in Camden Town your lawyer will request that you place them with monies to cover the search fees. Ordinarily this is asked for to cover the fees of the Local Authority Search. If any deposit is as part of the sale price then this should be needed shortly in advance of exchange of contracts. Any further balance that is due should be sent to your lawyer a couple of days prior to the day of completion.

The Camden Town conveyancing solicitors that I appointed last week on my house acquisition in Camden Town have without warning closed. I chose them because I needed a firm on the Aldermore conveyancing panel and my family Camden Town lawyer was not. I gave my credit card details for them to take £195 for searches. What do I do now?

If you have an estate agent involved then let them know 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 should appoint new lawyers that are on the Aldermore 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 solicitors should be in a position to help.

I used Arc property Solicitors several years past for my conveyancing in Camden Town. Now, I need my files however the law firm has closed. What do I do?

You should call the Solicitors Regulatory Authority (SRA) to assist in tracing your conveyancing files. They can be contacted on please contact on 0870 606 2555. Alternatively, you should use their online form to make an enquiry. You will need to provide the SRA with as much information as possible to assist their search, including the name and address in Camden Town of the conveyancing firm of solicitors you previously hired, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.

Looking forward to exchange soon on a basement flat in Camden Town. Conveyancing lawyers inform me that they report fully on Monday. Are there areas in the report that I should be focusing on?

The report on title for your leasehold conveyancing in Camden Town should include some of the following:

if lease caters for for a reserve account for major works? Defining your rights in respect of common areas in the block.E.G., does the lease permit a right of way over a path or staircase? Repair and maintenance of the property Whether the landlord has obligations to ensure rights of quiet enjoyment over your premises and do you know what it means in practice?

I have attempted and failed to negotiate with my landlord to extend my lease without success. Can I make an application to the Leasehold Valuation Tribunal? Can you recommend a Camden Town conveyancing firm to act on my behalf?

if there is a missing 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 First-tier Tribunal (Property Chamber) to assess the premium.

An example of a Lease Extension decision for a Camden Town premises is Flat 120, Clare Court Judd Street in August 2013. the Tribunal held that the premium to be paid for the extension of the lease should be £64,650 This case was in relation to 1 flat. The remaining number of years on the lease was 62.79 years.