Are there many lenders with branches in Kings Cross?
Most lenders in Kings Cross are on our solicitors' panels. Local mortgage lenders and brokers include State Credit & Investment Ltd, United House/North Rd, London, N7 9DP. Your solicitor will be able to address any specific requests your lender may have.
Does homewardlegal.co.uk handle auction conveyancing in Kings Cross?
Homeward Legal is used to working with property auction protocols. Regularly difficult to value buildings for example residential investments, are listed at auction and these require extended due diligence before completion. We therefore suggest that auction buyers instruct a property lawyer before the property auction to allow enough time for a full review.
Post auction day your selected property lawyer is utterly ready for completing the conveyancing in as short a time frame as typically required by the auction conditions.
What is the council tax on a Fifties semi-detached property in Kings Cross?
In general, the conveyancing report on title will contain the Camden council tax band. The latest council tax charges for Kings Cross are set out in detail on the Camden local authority site. At the time of writing on 03/06/2012 rates are as follows:
- Band A - £886.00
- Band B - £1,033.00
- Band C - £1,181.00
- Band D - £1,328.00
- Band E - £1,624.00
- Band F - £1,919.00
- Band G - £2,214.00
- Band H - £2,657.00
Which local authority is responsible for Kings Cross?
Kings Cross is located in Portsmouth City Council, Civic Offices, Guildhall Square, Portsmouth, Hampshire, PO1 2BG, contact: 023 9282 2251
Why is it silly to buy a leasehold with less than 99 years to run?
In large part, if a leasehold drops below 90 years, it’s because mortgage companies will not be willing to lend money to purchase the leasehold. They will almost certainly have a stipulation on the length of the leasehold as part of their criteria for lending.
Most buyers are very aware of this and the trend is for an insistence of the sellers to provide an extension back up to the 99-year or 125-year thresholds before considering its purchase. Otherwise, even if you can finance it, eventually you’ll have to consider the legal cost of extending the lease yourself.
What specific things do I need to look out for if I’m buying a house on the coast?
With worsening weather and floods now becoming increasingly commonplace, with the media remarking on it in depth, buying a property that has a likelihood of flooding is a difficult decision to make. Not only is there the issue of cleaning up if it does flood, but insurance premiums will be much higher (and perhaps even prohibitive).
For homes in coastal areas, there is also the problem of coastal erosion, where some properties have been seen to literally fall into the sea.
However, the good news is that picking a home in a coastal region doesn’t automatically mean that it’s going to be subject to flooding or that it’s eventually going to slip into the sea. The searches ordered by your conveyancing solicitor will identify the level of risk associated with the property and, based on this, your solicitor may recommend that you take out specialist reports (e.g. from Landmark or other organisations) to get a more in-depth description of the risks and options. These are in addition to the standard set and will be charged to you as a disbursement at cost.
Your surveyor will also be able to identify evidence of previous floods and other problems during their inspection and provide advice in their report. If the problems are considered sufficiently severe, the surveyor may also note the specifics for further investigation by your conveyancing solicitor.
Why might sale conveyancing work require so much time and effort?
The conveyancing process could take more time than budgeted, Homeward Legal, however, endeavour to minimise the cost of these delays, if it is possible to do so, by pushing all parties involved. There are numerous reasons for delay, such as issues elsewhere in a chain.
What factors can contaminate land in Kings Cross, and should they be an issue?
Residential property in Kings Cross will be contaminated by a range of natural and human-influenced issues, like proposed erection of mobile masts and waste disposal sites. An environmental search will offer more detail.