We are a couple about to exchange contracts for a property in Kilburn. We encountered a problem. Our loan offer with Nationwide Building Society runs out on 17/11/2025 but the vendors are putting forward a completion date of 19/11/2025. Can one extend the loan expiry date?
The best person to deal with your question is your lawyer who is in a position to assess if he or she is better off negotiating with the mortgage company, seller’s conveyancers, estate agents or possibly all three taking into account the circumstances your conveyancing as of today.
Do conveyancers request an advanced payment for conveyancing in Kilburn?
If you are buying a property in Kilburn your solicitor will ask you place them with funds to cover the the cost of the conveyancing searches. This will be the total of the cost of the conveyancing searches. If any deposit is payable against the purchase price then this should be required immediately before contracts are exchanged. The closing balance that is due should be sent to your lawyer a few days ahead of the day of completion.
I am purchasing a property and need a conveyancing solicitor in Kilburn who is on the Barclays Direct approved. Can you recommend a local solicitor?
Our service is limited to being a directory service for firms who wish to listed as being on the approved conveyancing panel for Barclays Direct in certain locations such as Kilburn. We dont recommend any particular firm.
My uncle has suggested that I appoint his conveyancers in Kilburn. Should I find my own property lawyer?
There are no two ways about it the ideal way to choose a conveyancing lawyer is to have referrals from friends or family who have used the firm you're are thinking of instructing.
I've found a house that seems to tick a lot of boxes, at a great figure which is making it all the more appealing. I have since discovered that the title is leasehold rather than freehold. I would have thought that there are particular concerns purchasing a house with a leasehold title in Kilburn. Conveyancing solicitors have not yet been appointed. Will my lawyers set out the risks of buying a leasehold house in Kilburn ?
Most houses in Kilburn are freehold and not leasehold. In this scenario it’s worth having a local solicitor used to dealing with such properties who can help the conveyancing process. It is clear that you are buying in Kilburn so you should seriously consider shopping around for a Kilburn conveyancing practitioner and be sure that they have experience in transacting on leasehold houses. As a matter of priority you will need to check the unexpired lease term. Being a lessee you will not be entirely free to do whatever you want to the property. The lease comes with conditions for example obtaining the freeholder’spermission to conduct alterations. It may be necessary to pay a contribution towards the upkeep of the estate where the house is part of an estate. Your lawyer should appraise you on the various issues.
I own a garden flat in Kilburn. In the absence of agreement between myself and the landlord, can the Leasehold valuation Tribunal make a decision on the amount due for the purchase of the freehold?
Where there is a absentee freeholder or if there is disagreement about the premium for a lease extension, under the relevant legislation you can apply to the First-tier Tribunal (Property Chamber) to make a decision on the premium.
An example of a Freehold Enfranchisement matter before the tribunal for a Kilburn property is 4 & 4A Charteris Road in June 2009. the Tribunal held that the price to be paid for the enfranchisement of 4/4a Charteris Road to be £15,510 for at 4and £15,694 for at 4a This case was in relation to 2 flats. The number of years remaining on the existing lease(s) was 70.02 years.