It took Conveyancer Dawn Thomas just three weeks to complete the purchase of a flat on Castlebar Road, Ealing, London, W5 2DA for buyers Mr and Mrs J. This was in part thanks to the assistance of the company secretary of the management company which owned the freehold. This made the Conveyancing in Ealing much quicker than might otherwise have been the case.
When dealing with the Conveyancing in Ealing of flats and similar leasehold properties Conveyancing Solicitors acting for buyers need to have information about the management of the building before they can advise clients to exchange contracts. One of the perennial problems for sellers is that delays in obtaining this are common, as freeholders or their agents take time to supply the information, even when they have been paid for it.
Buyers need details of any service charges which are levied, together with a copy of the insurance policy and current schedule. The amount of any fees charged for registration of transfers and mortgages is also needed. Many leases require the assignee to enter into a deed of covenant to observe and perform the tenant’s covenants and the agents may have a standard form which they will require to be used.
The flat was in a small modern block. Information supplied by the vendors’ Conveyancing Solicitors, Healys of Shoe Lane, London EC4A 3JB, showed that the freehold of the block was owned by a company, in which all the separate flat-owners held a share. The company secretary who dealt with all the management matters was one of these owners, and the form of enquiries was sent to him. Although he was on holiday at the time, as soon as he returned he replied with very detailed information which helped Dawn.
By the time this information was received Dawn had already obtained replies to her local searches from the London Borough of Ealing, 14-16 Uxbridge Road, Ealing, Greater London, W5 2HL, so she was quickly able to complete her report on title and enable Mr and Mrs J to exchange contracts and complete this Conveyancing in Ealing. She made sure that on completion a share transfer form was handed over so that the buyers could be registered as shareholders in the freehold company.
Completing the transaction in three weeks is a considerable achievement for this type of premises. The clients were delighted and sellers’ agents Foxtons of 54 The Mall, Ealing, London W5 3NE complimented Dawn on her efforts.
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