This question may be naive but I am wet behind the ears as FTB of a two bedroom flat in Abridge. Do I pick up the keys to the premises on the completion date from my lawyer? If this is the case, I will use a High Street conveyancing solicitor in Abridge?
On the day of completion you do not need to go to the conveyancers office in Abridge. Conveyancing lawyers for you will arrange to send the completion advance to the owner’s lawyers, and shortly after the monies have arrived, you should be invited to pick up the keys from the property Agents and move into your new home. Usually this happens early afternoon.
The formalities of my purchase has taken place for my property in Abridge. Conveyancing was a necessary evil but I feel I should register my dissatisfaction about the lender. How do I make a complaint?
Most lenders have complaints procedures. Your first point of contact should be one of the lender’s branches or the Customer Care Team at head office. Ordinarily complaints to a lender are resolved very quickly. However if you are not satisfied that the matter is not resolved you can write to Financial Ombudsman Service with full details of your complaint.
Having digested plenty of mortgage guides, I note that they all recommend that you should get your house surveyed prior to buying it. When I asked my local Abridge solicitor - who is on the RBS conveyancing panel - on this she said they don't do this and I need to contract an independent surveyor. is that correct?
RBS will need an independent valuation of the property. Your lawyer will not arrange this. Usually RBS will appoint their own surveyor to do this, and you will have to pay for it. Remember that this is a valuation for mortgage purposes and not a survey. You may wish to consider appointing your own Abridge surveyor to carry out a survey or prepare a home buyers report on the property. It is up to you to satisfy yourself that the property is structurally sound before you buy it. If the survey or report reveals that building work is needed, you should tell your solicitor. You may wish to renegotiate with the seller.
How does conveyancing in Abridge differ for new build properties?
Most buyers of new build residence in Abridge contact us having been asked by the housebuilder to sign contracts and commit to the purchase even before the residence is built. This is because builders in Abridge usually 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 conveyancers 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 Abridge or who has acted in the same development.
I opted to have a survey completed on a house in Abridge in advance of instructing conveyancers. I have been advised that there is a flying freehold element to the property. The surveyor has said that some banks may refuse to issue a loan on a flying freehold home.
It varies from the lender to lender. Santander has different instructions from Birmingham Midshires. Should you wish to call us we can check via the relevant mortgage company. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Abridge. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Abridge to see if the conveyancing costs will increase in light of this.
I am a sole trader looking to take over a lease of a shop on a shopping parade. Can you recommend lawyers offering no-sale-no costs for commercial conveyancing in Abridge for below 2k?
We are happy to recommend firms who have an in-depth of experience of commercial conveyancing in Abridge, including the disposal and acquisition of businesses as well as simply premises. If you are intending to buy or dispose of a shop, pub, restaurant, office, retail unit or a complete business we will find you the right firm. Regarding the costs this will depend on the structure and terms of the proposed transaction. Let us have your contact information or telephone us so that we may supply you with a fixed commercial conveyancing calculation.
I work for a busy estate agent office in Abridge where we see a number of flat sales derailed as a result of short leases. I have been given conflicting advice from local Abridge conveyancing firms. Please can you shed some light as to whether the seller of a flat can commence the lease extension process for the purchaser on completion of the sale?
Provided that the seller has been the owner for at least 2 years it is possible, to serve a Section 42 notice to kick-start the lease extension process and assign the benefit of the notice to the purchaser. This means that the proposed purchaser can avoid having to wait 2 years to extend their lease. Both sets of lawyers will agree to form of assignment. The assignment needs to be completed prior to, or simultaneously with completion of the sale.
An alternative approach is to extend the lease informally by agreement with the landlord either before or after the sale. If you are informally negotiating there are no rules and so you cannot insist on the landlord agreeing to grant an extension or transferring the benefit of an agreement to the buyer.
I am the leaseholder of a ground flat in Abridge. Given that I can not reach agreement with the landlord, can the Leasehold valuation Tribunal determine the amount due for a lease extension?
Most certainly. We are happy to put you in touch with a Abridge conveyancing firm who can help.
An example of a Freehold Enfranchisement matter before the tribunal for a Abridge flat is 201 & 201a St. Barnabas Road in October 2013. The Tribunal decided that the price to be paid by the Applicants for the freehold interest is £20,071. This case related to 2 flats. The unexpired residue of the current lease was 69.26 years.
There are a lot of properties in Abridge on unadopted roads. My husband and I are purchasing one such house. What are the pros and cons of buying a residence on a private road?
Abridge conveyancing practices will be familiar with transacting propertieson private. The conveyancing practitioner will review the title to identify any rights or responsibilities. In many cases there is a residents association that owners pay into for the upkeep of the road. Where one exists, the road should be maintained and appear better than publicly maintained.