Can I use your services to find a Conveyancing solicitor in Farringdon even if I’m not purchasing or selling a house, for example where I want to acquire a shop in Farringdon with a loan from Bank of Ireland?

Our comparison service is mainly utilised to locate residential conveyancing solicitors in Farringdon but we have set out towards the bottom of this page a few Farringdon commercial conveyancing firms. You should speak with the company directly to see if they can also act for Bank of Ireland

Despite weeks of looking the Title Certificate and documents to my home are lost. The conveyancers who dealt with the conveyancing in Farringdon 4 years ago are no longer around. What are my next steps?

As long as the title is registered the information relating to your proprietorship will be recorded by HMLR under a Title Number. It is possible to carry out a search at the Land Registry, locate your property and obtain up to date copies of the Registered Entries for less than a fiver. If the title is Leasehold then the Land Registry will usually retain a certified duplicate of the Registered Lease and again, a copy can be obtained for £20 inclusive of VAT.

I am looking for a flat up to £195,000 and found one near me in Farringdon I like with open areas and station nearby, the downside is that it only has 51 remaining years left on the lease. There is not much else in Farringdon in this price bracket, so just wondered if I would be making a mistake purchasing a short lease?

If you need a mortgage that many years may be an issue. Reduce the price by the expected lease extension will cost if it has not already been discounted. If the existing proprietor has owned the property for a minimum of twenty four months you could request that they start the process of the extension and pass it to you. You can add 90 years to the current lease term and have £0 ground rent by law. You should consult your conveyancing solicitor concerning this.

Is it possible to switch solicitor as I have to select one who is on the Barclays conveyancing list. I hired a high street conveyancing solicitor in Farringdon round the corner but she is not accepted by Barclays

It would be our pleasure to help you find a conveyancing solicitor in Farringdon on the Barclays panel. Please note that the property lawyers that we list do not pay us commission if you instruct them and are regulated by the Solicitors Regulation Authority who regulate all conveyancing solicitors in Farringdon. Using the find a conveyancing solicitor tool on this page, you can compare and instruct different solicitors and conveyancers both nationally and in Farringdon.

I am tempted by the attractive purchase price for a couple of flats in Farringdon both have in the region of forty five years remaining on the lease term. should I be concerned?

There are plenty of short leases in Farringdon. The lease is a legal document that entitles you to use the premises for a prescribed time frame. As a lease gets shorter the saleability of the lease reduces and results in it becoming more costly to acquire a lease extension. For this reason it is often a good idea to extend the lease term. Sometimes it is difficult to sell a property with a short lease because mortgage lenders may be unwilling to lend money on properties of this type. Lease extension can be a protracted process. We advise that you seek professional help from a solicitor and surveyor with experience in this field.

I have tried to negotiate informally with with my landlord to extend my lease without getting anywhere. Can a leaseholder apply to the Leasehold Valuation Tribunal? Can you recommend a Farringdon conveyancing firm to assist?

Where there is a missing landlord or if there is disagreement about the premium for a lease extension, 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 determine the premium.

An example of a Lease Extension matter before the tribunal for a Farringdon residence is Flat 89 Trinity Court Grays Inn Road in February 2013. the Tribunal found that the premium to be paid by the tenant on the grant of a new lease, in accordance with section 56 and Schedule 13 to the Leasehold Reform, Housing and Urban Development Act 1993 should be £36,229. This case related to 1 flat. The unexpired term as at the valuation date was 66.8 years.