What is the first thing I need to know about purchase conveyancing in Addiscombe?
You may not hear this from too many lawyers but conveyancing in Addiscombe or throughout South London is often a confrontational experience. In other words, when it comes to conveyancing there exists lots of opportunity for friction between you and others involved in the home moving process. For instance, the seller, estate agent and even potentially your bank. Choosing a lawyer for your conveyancing in Addiscombe is a critical decision as your conveyancer is your adviser, and is the ONLY person in the process whose responsibility is to act in your best interests and to protect you.
On occasion a third party with a vested interest may attempt to persuade you that you should follow their advice. As an example, the selling agent may claim to be helping by suggesting your lawyer is dragging his heels. Or your financial adviser may try to convince you to do something that is against your solicitors advice. You should always trust your lawyer above all other parties in the home moving process.
Do I have to have a meeting at the offices of the solicitor to execute the legal charge? If so, I will choose one who does conveyancing in Addiscombe so that I can pop in to their offices if necessary.
Most approved lawyers for lenders undertake the vast majority of communications through Royal Mail, internet or over the phone. This means that they can undertake the conveyancing transaction regardless of where you live in England or Wales. However you should see if you have the option of visiting the offices of your conveyancing lawyer if just in case this is required.
Should commercial conveyancing searches disclose impending roadworks that may affect a commercial site in Addiscombe?
Many commercial conveyancing solicitors in Addiscombe will conduct a SiteSolutions Highways report as it reduces the time that conveyancers invest in researching accurate data on highways that impact buildings and development assets in Addiscombe. The report sets out definitive data on the adoption status of roads, footpaths and verges, as well as the implication of traffic schemes and the rights of way surrounding a commercial development sites in Addiscombe.
For every commercial conveyancing transaction in Addiscombe it is critical to investigate the adoption status of roads surrounding a site. Failure to identify developments where adoption procedures have not been addressed adequately may result in delays to Addiscombe commercial conveyancing transactions as well as present a risk to future intentions for the site. These searches are not ordered for residential conveyancing in Addiscombe.
I am buying my first flat in Addiscombe benefiting from help to buy. The builders refused to move on the price so I negotiated 6k of fixtures and fittings instead. The house builders rep suggested that I not inform my conveyancer about this extras as it may impact my loan with The Royal Bank of Scotland. Is this normal?.
All lenders require a Disclosure of Incentives Form from the developer of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.
Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.
Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.
Should I choose a Addiscombe conveyancing lawyer in close proximity to the house I am hoping to buy? I have an old university friend who can conduct the legal work but they are based 400kilometers drive away.
The benefit of a local Addiscombe conveyancing practice is that you can attend the office to sign documents, deliver your identification documents and pester them where appropriate. Having local Addiscombe know how is a plus. However it's more important to get someone that will do a good and efficient job. If you know people who used your friend and the majority were happy that must outweigh using an unknown Addiscombe conveyancing solicitor just because they are round the corner.
I own a leasehold flat in Addiscombe. Conveyancing and Godiva Mortgages Ltd mortgage organised. I have received a letter from someone claiming to own the reversionary interest in the property. It included a demand for arrears of ground rent dating back to 1996. The conveyancing solicitor in Addiscombe who acted for me is not around. Do I pay?
The first thing you should do is contact the Land Registry to make sure that this person is in fact the new freeholder. You do not need to instruct a Addiscombe conveyancing solicitor to do this as it can be done on-line for less than a fiver. Rest assured that regardless, even if this is the legitimate landlord, under the Limitation Act 1980 the limitation period for recovery of ground rent is six years.
My wife and I have hit a brick wall in trying to purchase the freehold in Addiscombe. Can this matter be resolved via the Leasehold Valuation Tribunal?
You certainly can. We can put you in touch with a Addiscombe conveyancing firm who can help.
An example of a Freehold Enfranchisement case for a Addiscombe residence is 29 Woodstock Road in April 2014. the Tribunal determined that the premiums to be paid into court in respect of the purchase of the freehold registered at HMLR under Title N0.SY3997 should be £7,217. This case related to 4 flats. The number of years remaining on the existing lease(s) was 98 years.