My previous conveyancer has given a fee calculation of £1400 for no sale no fee conveyancing in Brockley. I’m hoping to sell a purpose built property for £175,000. Is this too much? Is it in excess of the average fee for conveyancing in Brockley?
The charges are a bit high. If you shop around you might decrease the fees slightly by say £125. That being said, you maycome to rue choosing an an untested lawyer. Don't forget to check that the firm can represent your mortgage company. Do employ our search tool to choose a Brockley conveyancing company on the banks conveyancing panel which can often include conveyancing solicitors in Brockley.
My lawyer in Brockley has never been on on the Godiva Mortgages Ltd Solicitor Panel. Can I still retain my prefered solicitor even though they are not on the Godiva Mortgages Ltd list of approved lawyers?
The limited options open to you here include:
- Carry on with your existing Brockley lawyers but Godiva Mortgages Ltd will need to use a solicitor on their list of acceptable firms. This will inevitably rack up the overall conveyancing fees and cause delays.
- Get an alternative solicitor to act in the conveyancing, not forgetting to check they are Godiva Mortgages Ltd approved.
- Try to convince your Godiva Mortgages Ltd based solicitor to attempt to join the Godiva Mortgages Ltd panel
A friend recommended that if I am buying in Brockley I should carry out a Neighbourhood, Planning and Local Amenity Search. Can you explain what the purpose of this search is?
This is a search is sometimes quoted for as part of the standard Brockley conveyancing searches. It is a large report of about 40 pages, listing and setting out significant information about Brockley around the property and the people living there. It includes an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the local Housing Market, Council Tax Banding, the type of People living in the area, the dominant type of Housing, the Average House Prices, Crime details, Local Education with plans and statistics, Local Amenities and other useful data regarding Brockley.
The estate agent has sent us the confirmation of our purchase of a new build apartment in Brockley. Conveyancing is necessary evil at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build legal work.
Here are examples of a few leasehold new build questions that you may expect your new-build leasehold conveyancing in Brockley
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Please supply a car parking plan. The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme. If there are lifts in the building, please confirm that the owners of flats on the ground and basement floors will not be required to contribute towards the cost of maintenance and renewal. Please supply evidence that the form of Lease proposed has been approved by the Land Registry. There must be mutual enforceability of lessee’s covenants.
Over the last few months I have been searching for a leasehold apartment up to £235,500 and found one round the corner in Brockley I like with open areas and station nearby, the downside is that it only has 61 years on the lease. I can't really find anything else in Brockley suitable, so just wondered if I would be making a grave error acquiring a short lease?
Should you require a home loan that many years may be an issue. Discount the price by the amount the lease extension will cost if it has not already been discounted. If the existing owner has owned the premises for at least twenty four months you could request that they start the process of the extension and then assign it to you. An additional ninety years can be extended on to the existing lease and have £0 ground rent by law. You should speak to your conveyancing solicitor about this.
I am on look out for some leasehold conveyancing in Brockley. Before diving in I require certainty as to the number of years remaining on the lease.
If the lease is registered - and most are in Brockley - then the leasehold title will always include the basic details of the lease, namely the date; the term; and the original parties. From a conveyancing perspective such details then enable any prospective buyer and lender to confirm that any lease they are looking at is the one relevant to that title. For any other purpose, such as confirming how long the term was granted for and calculating what is left, then the register should be sufficient on it's own.
Having spent months of dialogue we simply can't agree with our landlord on how much the lease extension should cost for our flat in Brockley. Can we issue an application to the Residential Property Tribunal Service?
Most certainly. We can put you in touch with a Brockley conveyancing firm who can help.
An example of a Lease Extension decision for a Brockley residence is Flat b 14 Kemble Road in May 2014. The Tribunal assessed the value of the premium payable for the lease extension to be £9,761 This case affected 1 flat.