I am hoping to move into my new home in Carshalton next Monday. My solicitor now wants me to supply her with proof of content and building insurance for the property as as she informs me that she is duty bound to validate that it is in order for the bank. What does the insurance need to cover?
All property lawyers on acting for mortgage companies would need to check that the following risks are covered fire; lightning; aircraft; explosion; earthquake; storm; flood; escape of water or oil; riot; malicious damage; theft or attempted theft; falling trees and branches and aerials; subsidence; heave;landslip;collision;accidental damage to underground services;professional fees, demolition and site clearance costs; and public liability to anyone else. There are some other issues such as the level of excess that are set out in a lender’s Part 2 requirements. These requirements are not unique to conveyancing in Carshalton.
I know that there are debates on Chancel Insurance on online forums. Do I require this when purchasing a property in Carshalton? or Apparently there is an ancient law that means some homeowners living in a parish church boundary may be liable to pay for maintenance to the chancel in proximity to the church. Is this appropriate for conveyancing in Carshalton?
Unless a prior acquisition of the premises completed post 12 October 2013 you can take it that solicitors delivering conveyancing in Carshalton to continue to advocate a chancel search and or insurance against a claim.
It has been five months since my purchase conveyancing in Carshalton concluded. I have checked the Land Registry website which shows that I paid £200,000 when infact I paid £170,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the property from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
About to purchase a new build apartment in Carshalton. Conveyancing is a frightening process at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build conveyancing.
Set out below is a sample of a selection of leasehold new build questions that you should expect your new-build leasehold conveyancing in Carshalton
-
Please supply a car parking plan. Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier? Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose? The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme.
How do I search for a Carshalton law firm on the Barclays Direct conveyancing panel? I am a keen cyclist and am willing to travel upto 10miles to meet the conveyancer.
You can use the search on this website. Please pick a lender and your location and you will see a number of Carshalton conveyancing lawyers located nearest you. We have detailed some Carshalton conveyancing firms at the bottom of this page and you can contact them to check whether they are on the Barclays Direct approved list
What are your top tips when it comes to finding a Carshalton conveyancing firm to deal with our lease extension?
When appointing a property lawyer for your lease extension (regardless if they are a Carshalton conveyancing practice) it is most important that he or she should be familiar with the legislation and specialises in this area of work. We suggest that you talk with two or three firms including non Carshalton conveyancing practices before you instructing a firm. Where the conveyancing practice is ALEP accredited then that’s a bonus. The following questions could be of use:
-
How experienced is the practice with lease extension legislation?
I have attempted and failed to negotiate with my landlord for a lease extension without getting anywhere. Can I make an application to the Leasehold Valuation Tribunal? Can you recommend a Carshalton conveyancing firm to assist?
Most certainly. We are happy to put you in touch with a Carshalton conveyancing firm who can help.
An example of a Freehold Enfranchisement case for a Carshalton flat is 21 & 23 Carshalton Grove in May 2009. the Tribunal adopted the figures presented as the premiums payable by the Applicant i.e. a total of £20,750. This case affected 2 flats. The number of years remaining on the existing lease(s) was 72 years.