Purchase of leasehold abode : London, N1 - Conveyancing in Barnsbury and Canonbury - exchanged

In June 2009 our licensed conveyancing Barnsbury and Canonbury team acted on the purchase conveyancing for a 200 year leasehold for a abode valued at around £348, 000. 00 located at London, N1. This residence is in the local authority area of Islington Council Borough Of London - www.islington.gov.uk/. Conveyancing matters in the UK take 90 days on average. We concluded this transaction 53 days of receiving the conveyancing documentation from the registered proprietors property conveyancer. As this property is in a conservation area, conveyancers need take extra precautions in case any alteration have been made. The handling conveyancer discovered that there were Planning permissions affecting this residence. The Land Registry Office Copies supplied revealed that the registered proprietors had owned the property for less than five years and as such there was a danger that the transfer of the property to the seller could be set aside if it was established that the property within that five year period was a Transfer at Undervalue. The Land Registry documentation revealed that the property was subject to restrictions/rights/covenants as set out in a conveyance dated 05/08/1970. It was important that we check with the registered proprietors property conveyancer that the aforementioned restrictions/covenants etc. had been fully complied with. Catherine Williams was the property lawyer in charge of conveyancing in Barnsbury and Canonbury, Islington, North London, London. The estate agent's particulars of sale detailing the registered proprietors property conveyancer was obtained shortly before receiving the conveyancing documentation. The estate agent was the Hamptons International branch covering Barnsbury and Canonbury. Conveyancing matters in the UK take 90 days on average. We concluded this transaction 53 days of receiving the conveyancing documentation from the registered proprietors property conveyancer. The seller's conveyancing solicitor Barnsbury and Canonbury was Bishop and Sewell Solicitors - DX 278 London Chancery Lane. Islington, North London, London, Barnsbury and Canonbury - Conveyancing - leasehold : Barnsbury and Canonbury