Purchase of leasehold property : Orchestra Court, 1 Symphony Close, Edgware And Parking Space,

In August 2008 Fridaysmove residential conveyancing Burnt Oak team conducted the purchase conveyancing for a 150 year leasehold for a property valued at around £200, 000. 00 located at Orchestra Court, 1 Symphony Close, Edgware ( plus Parking Space ) HA8.

This flat is in the local authority area of Brent Council - www.brent.gov.uk/.

A risk of natural subsidence was uncovered - further details can be viewed in the environmental searches. A risk of natural subsidence was uncovered - further details can be viewed in the environmental searches.

The Land Registry Office Copies supplied were out of date and accordingly fresh copies were requested from the sellers conveyancing solicitor.

The Land Registry Office Copies supplied revealed that the sellers 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.

There was a concerning discrepancy between details of the seller's names as per the letter with draft contract papers as against the Official Copies. This was obviously significantly important to clarify as our conveyancing lawyer needed to be sure that the registered owner and the seller on the contract were one and the same.

The Land Registry documentation revealed that the property was subject to restrictions/rights/covenants as set out in a conveyance dated 30/07/1924. It was important that we check with the sellers conveyancing solicitor that the aforementioned restrictions/covenants etc. had been fully complied with.

The managing agent is Symphony Court (Edgware) Management Company Limited. Mary Spiteri-Panayi was the property lawyer in charge of conveyancing in Burnt Oak, Barnet, North London, London.

The estate agent's memo of sale detailing the sellers conveyancing solicitor was obtained shortly before receiving the letter with draft contract papers. The estate agent was the Benjamin Stevens branch covering Burnt Oak.  

Tucker Turner Kingsley Wood - DX 220 Chancery Lane were the seller's lawyers.

Barnet, North London, London, Burnt Oak - Conveyancing - leasehold : Burnt Oak