It is is a decade since I purchased my home in Abbey Wood. Conveyancing lawyers have now been retained on the sale but I can't locate the deeds. Will this jeopardise the sale?
Don’t worry too much. Firstly the deeds may be with the lender or they may still be with the solicitor who oversaw the purchase. Secondly the chances are that the title will be recorded at the land registry and you will be able to prove you are the registered owner by your conveyancing lawyers procuring up to date copy of the land registers. Almost all conveyancing in Abbey Wood relates to registered property but in the rare situation where your home is unregistered it is more problematic but is not insurmountable.
I am buying a right to buy a flat in Abbey Wood. Can I do my own conveyancing?
Leaving aside the complexities and merits of DIY conveyancing in Abbey Wood you will have to appoint a solicitor on your lender's conveyancing panel to look after their interests. Most people therefore find it easier to let the solicitor act for them and the lender. Furthermore there is minimal cost savings to be made in you doing conveyancing for yourself and another lawyer conducting the conveyancing for the lender. Please feel free to use the search tool to find a lawyer on your lender panel in Abbey Wood.
I have todaydiscovered that Stirling Law have been shut down. They carried out my conveyancing in Abbey Wood for a purchase of a leasehold flat 12 months ago. How can I establish that the property is not still registered in the name of the former proprietor?
The easiest way to see if the property is registered to you, you can make a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Abbey Wood conveyancing specialists.
How does conveyancing in Abbey Wood differ for newly converted properties?
Most buyers of new build residence in Abbey Wood approach us having been asked by the developer to exchange contracts and commit to the purchase even before the residence is ready to move into. This is because developers in Abbey Wood typically purchase the site, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancing solicitors as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are accustomed to new build conveyancing in Abbey Wood or who has acted in the same development.
How do I search for a Abbey Wood solicitor on the Lloyds TSB Bank conveyancing panel? I have wheels and am happy to travel upto 10miles to meet the conveyancer.
Feel free to make use of the search on this page. Please pick a mortgage company and your location and you will see a number of Abbey Wood conveyancing lawyers located nearest you. We have listed some Abbey Wood conveyancing firms towards the end of this page and you can ring them to see if they are on the Lloyds TSB Bank approved list
I have just started marketing my ground floor flat in Abbey Wood. Conveyancing has not commenced, however I have recently had a half-yearly service charge demand – should I leave it to the buyer to sort out?
It best that you clear the maintenance contribution as you normally would because all ground rent and service charges will be apportioned as part of the financial calculations for completion monies, so you should recover the relevant percentage by the purchaser for the period running from after the completion date to the next payment date. Most management companies will not acknowledge the buyer until the service charges have been paid and are up to date, so it is important for both buyer and seller for the seller to show that they are up to date. This will smooth the conveyancing process.
After months of dialogue we cannot agree with our landlord on how much the lease extension should cost for our flat in Abbey Wood. Can we issue an application to the Residential Property Tribunal Service?
You certainly can. We can put you in touch with a Abbey Wood conveyancing firm who can help.
An example of a Lease Extension decision for a Abbey Wood property is Various @ Colombus Square in January 2012. the Tribunal calculated the premiums to be paid for new leases for each of the flats in Mariners Walk to be £3822 and the premium to be paid for the new lease of 2 Knights Court to be £4439. This case related to 13 flats. The unexpired term as at the valuation date was 76 years.