I am acquiring a leasehold flat in Barnehurst. My property lawyer is not listed on the mortgage company conveyancing list. Is it possible for me to use my Barnehurst conveyancing solicitor notwithstanding that they are excluded from the bank panel of approved conveyancing solicitors?
One will need to appoint a conveyancer to deal with the formalities when you require a loan to purchase your property. They will carry out all the essential due diligence on the property, make sure that you will be registered as proprietor and ensure that all the necessary mortgage paperwork is in place. You can appoint a Barnehurst conveyancer of your choice. However, where the solicitor appointed is not a member of the lender conveyancing panel additional fees will arise as separate legal representation will be need by the mortgage company. Conveyancing panel applications may be submitted, so if your solicitor has not historically applied for membership they should take the chance to apply.
Would the conveyancing practitioners Indexed on your site handle auction conveyancing in Barnehurst?
We know of a number of niche practitioners we can connect you with those conducting auction conveyancing. Barnehurst is one of hundreds of areas of where our lawyers have a presence.
It is 10 years ago since I purchased my property in Barnehurst. Conveyancing solicitors have now been retained on the sale but I am unable to find my deeds. Will this jeopardise the sale?
You need not be too concerned. Firstly the deeds may be kept by your lender or they could be in the possession of the lawyers who oversaw your purchase. Secondly in most cases the property will be recorded at the land registry and you will be able to prove you are the registered owner by your conveyancing solicitors procuring current official copies of the land registers. Nearly all conveyancing in Barnehurst relates to registered property but in the rare situation where your property is not registered it adds to the complexity but is resolvable.
Due to the guidance of my in-laws I had a survey completed on a property in Barnehurst ahead of instructing solicitors. I have been told that there is a flying freehold overhang to the property. Our surveyor has said that some lenders may refuse to issue a mortgage on a flying freehold home.
It depends who your proposed lender is. Lloyds has different instructions from Nationwide. If you contact us we can investigate further via the relevant lender. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Barnehurst. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Barnehurst to see if the conveyancing costs will increase in light of this.
I am hoping to put an offer on a small detached house that seems to tick a lot of boxes, at a great figure which is making it more attractive. I have just discovered that the title is leasehold rather than freehold. I would have thought that there are particular concerns purchasing a leasehold house in Barnehurst. Conveyancing lawyers have are about to be instructed. Will they explain the issues?
Most houses in Barnehurst are freehold and not leasehold. In this scenario it’s worth having a local conveyancer who is familiar with the area who can assist with the conveyancing process. it is apparent that you are purchasing in Barnehurst so you should seriously consider shopping around for a Barnehurst conveyancing solicitor and check that they have experience in transacting on leasehold houses. As a matter of priority you will need to check the unexpired lease term. As a lessee you will not be at liberty to do whatever you want with the house. The lease will likely included provisions for example obtaining the landlord’spermission to carry out changes to the property. You may also be required to pay a service charge towards the upkeep of the communal areas where the house is part of an estate. Your solicitor will report to you on the legal implications.
After years of negotiations we simply can't agree with our landlord on how much the lease extension should cost for our flat in Barnehurst. Does the Leasehold Valuation Tribunal have jurisdiction to calculate the appropriate figures?
Most definitely. We can put you in touch with a Barnehurst conveyancing firm who can help.
An example of a Lease Extension case for a Barnehurst flat 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 lease term was 76 years.
What could I expect to pay for conveyancing in Barnehurst?
The amount you are charged for Barnehurst conveyancing costs are likely to be calculated at:
- a standard charge; or
- an hourly rate (i.e. the time spent on the particular case).
In practice you seldom hear of Barnehurst conveyancing firms charge by the clock