Souldusing a Wembley Park conveyancing firm make the ownership transfer smoother?

Established third party connections is an important consideration when appointing conveyancing lawyers. Wembley Park conveyancers enjoy connections with lenders and agents, local authorities, surveyors and other conveyancing firms meaning the whole process is going to be much more straightforward for you. Hosting a sound insight into the local area is an advantage.

I used Wolstenholmes a few years past for my conveyancing in Wembley Park. I now require my file however the law firm has closed. What do I do?

You should contact the Solicitors Regulatory Authority (SRA) to help locate 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 Wembley Park of the conveyancing firm of solicitors you previously retained, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.

I am looking for a leasehold apartment up to £305k and identified one round the corner in Wembley Park I like with open areas and transport links nearby, the downside is that it only has 52 years on the lease. I can't really find anything else in Wembley Park suitable, so just wondered if I would be making a mistake purchasing a short lease?

Should you need a home loan that many years may be a potential deal breaker. Reduce the offer by the expected lease extension will cost if not already taken into account. If the existing owner has owned the premises for a minimum of 2 years you can ask them to commence the lease extension formalities and pass it to you. You can add 90 years to the current lease and have £0 ground rent by law. You should speak to your conveyancing solicitor regarding this.

I'm converting the mortgage on my current house to a buy to let mortgage with Virgin Money and I will use the ballance of the raised equity as a down payment on further house. The location we are talking about is Wembley Park. Will your solicitors be able to act for both sets of lenders and tie in the conveyances?

Make use of our search tool on this page to be sure that the solicitors are on the relevant lender panels. Having checked that they are the solicitor should be able to tie up the two deals but you should have a chat with you conveyancer and make clear your desired outcome and needs.

I work for a long established estate agent office in Wembley Park where we see a number of flat sales derailed as a result of short leases. I have been given inconsistent advice from local Wembley Park conveyancing firms. Could you shed some light as to whether the seller of a flat can instigate the lease extension process for the purchaser on completion of the sale?

Provided that the seller has owned the lease for at least 2 years it is possible, to serve a Section 42 notice to start the lease extension process and assign the benefit of the notice to the purchaser. The benefit of this is that the buyer can avoid having to sit tight for 2 years for a lease extension. Both sets of lawyers will agree to form of assignment. The assignment needs to be completed before, or simultaneously with completion of the sale.

Alternatively, it may be possible to agree the lease extension with the freeholder 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 buyer.

We have reached the end of our tether in trying to purchase the freehold in Wembley Park. Can this matter be resolved via the Leasehold Valuation Tribunal?

Absolutely. We can put you in touch with a Wembley Park conveyancing firm who can help.

An example of a Lease Extension decision for a Wembley Park property is Ground Floor Flat 69 Clifton Avenue in March 2012. the Tribunal determined that the premium payable for the new lease was £5,932 This case was in relation to 1 flat. The remaining number of years on the lease was 76.06 years.