In December 2007 our conveyancing Kentish Town team handled the purchase conveyancing for a 125 year leasehold for a home valued at around £277, 500. 00 located at Haverstock Road, London, NW5. This home is in the local authority area of Camden Council Borough Of London - www.camden.gov.uk/.
The local authority search revealed that Haverstock Road was an unadopted road in this area. This was of concern to the buyer and their mortgage lender. Further investigations need to be made and with the registered proprietors as to ownership of the road and practical arrangements in terms of maintenance and upkeep. The handling conveyancer discovered that there were Planning permissions affecting this residence. The Office Copies obtained from the Land Registry revealed that there was more than one mortgage over the property. We had to satisfy ourselves that the registered proprietor was not in negative equity and would be able to discharge all mortgages over the property. A Housing Act Charge was apparent in the Office Copies supplied by the registered proprietors conveyancing solicitor. It was imperative that we ensured that this financial charge was repaid so that our client did not inherit the debt.
The Seller's Property Information Form (SPIF) as supplied by the registered proprietor was more than two months old and therefore we needed to have this refreshed. Joanne Yamat was the property lawyer in charge of conveyancing in Kentish Town, Camden, North West London, London.
The estate agent's sales particulars detailing the registered proprietors conveyancing solicitor was obtained shortly before receiving the sale documentation. The estate agent was the London Residential branch covering Kentish Town. The seller's conveyancing solicitor Kentish Town was Rod D Smith Solicitor - DX 123981 Belsize Park. Camden, North West London, London, Kentish Town - Conveyancing - leasehold : Kentish Town