When will exchange of contracts occur in residential conveyancing in Blackheath and am I required to be at the solicitors office?
If you are local to our conveyancing solicitors in Blackheath you are welcome to come in to sign contracts. That being said, the firms we recommend supply countrywide coverage for conveyancing and give as equally comprehensive and professional a job for you when communicating with you by post or email. The signing of the contract is not the point of no return. Signing on the dotted line simply enables the firm to address the formalities when the time is right, which will usually be very shortly after signing. The exchange process is nowadays normally dealt with by telephone and can be very rapid, although where a long "chain" is involved, since the process requires the relevant party's solicitor (not necessarily a conveyancing solicitor in Blackheath)to be in the office at the appropriate time.
We are selling our apartment in Blackheath. Will the conveyancer need to be required to be on the Kent Reliance conveyancing panel in order to deal with paying off my mortgage?
Ordinarily, even if your lawyer is not on the Kent Reliance conveyancing panel they can still act for you on your sale. It might be that the lender will not release the original deeds (if applicable and increasingly irrelevant) until after the mortgage is paid off. You should speak to your lawyer directly before you start the process though to ensure that there is no problem as lenders are changing their panel criteria fairly frequently at the moment.
My partner and I are downsizing from our house in Blackheath and the buyers lawyers are claiming that there is a possibility that the property was constructed land that was not decontaminated. Any high street Blackheath lawyer would know this is not the case. For the life of me I don't know why the purchasers used a nationwide conveyancing outfit as opposed to a conveyancing solicitor in Blackheath. We have lived in Blackheath for six years we know that this is a non issue. Do we contact our local Authority to obtain confirmation that the buyers are looking for.
It would appear that you have a conveyancing solicitor already. What do they say? You should enquire of your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out life insurance to cover that same ailment)
How does conveyancing in Blackheath differ for new build properties?
Most buyers of new build property in Blackheath come to us having been asked by the developer to exchange contracts and commit to the purchase even before the premises is completed. This is because new home sellers in Blackheath usually purchase the land, 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 property lawyers 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 Blackheath or who has acted in the same development.
Is it possible to swap conveyancer as I need to appoint one who is on the Clydesdale conveyancing panel. I instructed a family conveyancing solicitor in Blackheath five minutes from me but she is not approved by Clydesdale
We will our best to assist in finding you a conveyancing solicitor in Blackheath on the Clydesdale panel. Please note that the law firms that we on the directory do not pay us commission if you instruct them and are regulated by the SRA who oversee all conveyancing solicitors in Blackheath. In making use of the find a conveyancing solicitor tool on this site, you can contrast costs for conveyancing solicitors in Blackheath and beyond.
I am attracted to a couple of maisonettes in Blackheath both have about 50 years left on the leases. should I be concerned?
A lease is a right to use the premises for a prescribed time frame. As the lease gets shorter the value of the lease reduces and it becomes more expensive to extend the lease. For this reason it is advisable to extend the lease term. Sometimes it is difficult to sell a property with a short lease as mortgage companies less inclined to grant a loan on such properties. Lease extension can be a protracted process. We recommend you seek professional help from a solicitor and surveyor with experience in this field.
I have attempted and failed to negotiate with my landlord to extend my lease without success. Can the Leasehold Valuation Tribunal decide on such issues? Can you recommend a Blackheath conveyancing firm to represent me?
in cases where there is a missing landlord or where there is dispute about the premium for a lease extension, under the Leasehold Reform, Housing and Urban Development Act 1993 it is possible to make an application to the Leasehold Valuation Tribunal to assess the price payable.
An example of a Lease Extension matter before the tribunal for a Blackheath premises is 73 Walerand Road in August 2012. the result of the findings of the Tribunal led to a premium to be paid for the extended lease in respect of Flat 73 in the sum of £10,040. The premium applicable in respect of Flat 85 was £5,710. This case affected 2 flats. The unexpired lease term was 72 years.