Conveyancing Solicitors in London handle sale of flat with share of freehold

Conveyancing Solicitors in London often find when acting on the sales of flats that the seller owns a share in the freehold. That was the situation which Conveyancing Solicitor Simon Crozier came across when dealing with the sale of a flat on Queen's Drive, Finsbury Park, London N4, in 2010.

The seller's agents David Andrew, 90 Highbury Park, London, N5 2XE, had marketed the apartment as having a share in the freehold. Simon was able to ascertain from the land registry that his client was indeed a joint freeholder, along with the owners of the other apartments in the building.

The land registry registers such titles separately from the leasehold titles of each flat. Conveyancing Solicitors in London therefore have to make arrangements so that a buyer will become one of the joint proprietors. This has to be done by means of a deed whereby the seller and the other existing proprietors transfer title to the buyer and the remaining proprietors.

All other owners have to sign transfer deed

Simon therefore had to ask the seller to contact his co-owners, and ask them to sign a separate transfer deed for the freehold title, in addition to the one for the sale of the apartment. This is not always easy, as these other people may not themselves reside at the property. Conveyancing Solicitors in London will want to make sure that these signatures can be obtained without difficulty before contracts are exchanged, as otherwise a sale may be delayed.

The buyer's Conveyancing Solicitors in London were Comptons Solicitors LLP of 90-92 Parkway, London, NW1 7AN. They asked Simon to agree that a clause could be added to the sale contract requiring the vendor to arrange for the additional transfer to be signed and handed over on completion.

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