Are the Caterham conveyancing solicitors identified as being on the Bank of Ireland conveyancing panel, together with their details provided by Bank of Ireland?
Caterham conveyancing firms themselves provide us confirmation that they are on the Bank of Ireland conveyancing panel as opposed to being supplied with a list from Bank of Ireland directly.
Is there a search tool that I can utilise to find out if the solicitor conducting my conveyancing in Caterham is on the bank’sconveyancing panel? I am looking to avoid the situation of having one lawyer for me and one for Alliance & Leicester thus spending £175.00 in further conveyancing invoice.
Feel free to make the most of the search tool on this site. Please choose the mortgage company and type ‘Caterham’ or your preferred area and you will discover a number of lawyer based in Caterham or by proximity to you.
The deeds to my home can not be found. The conveyancers who dealt with the conveyancing in Caterham 10 years ago no longer exist. Will I be able to sell the house?
Assuming you have a registered title the information relating to your proprietorship will be recorded by the Land Registry under a Title Number. It is easy to conduct a search at the Land Registry, identify your house and get current copies of the Registered Entries for less than a fiver. Where the title is Leasehold then the Land Registry will usually retain a file copy of the Registered Lease and again, a copy can be obtained for £20 inclusive of VAT.
How does conveyancing in Caterham differ for new build properties?
Most buyers of new build property in Caterham approach us having been asked by the housebuilder to exchange contracts and commit to the purchase even before the residence is finished. This is because developers in Caterham tend to buy the site, 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 conveyancers 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 used to new build conveyancing in Caterham or who has acted in the same development.
My husband and I are FTB’s - had an offer accepted, but the selling agent told us that the vendor will only proceed if we instruct their recommended solicitors as they want a ‘quick sale’. Our preferred option is to instruct a family solicitor accustomed to conveyancing in Caterham
It is improbable the vendors are driving this. If they want ‘a quick sale', turning down a genuine buyer is is going to put the whole deal at risk. Bypass the agents and go straight to the owners and make sure they understand (a)you are keen to buy (b)you are ready to go, with finances arranged © you are chain free (d) you wish to move quickly (e)but you are going to instruct your own,trusted Caterham conveyancing lawyers - as opposed tothose that will give the negotiator at the agency a introducer fee or hit his conveyancing targets demanded by corporate headquarters.
I work for a reputable estate agency in Caterham where we have witnessed a few leasehold sales put at risk due to leases having less than 80 years remaining. I have received conflicting advice from local Caterham conveyancing solicitors. Can you shed some light as to whether the owner of a flat can commence the lease extension formalities for the buyer?
As long as the seller has owned the lease for at least 2 years it is possible, to serve a Section 42 notice to kick-start the lease extension process and assign the benefit of the notice to the purchaser. This means that the proposed purchaser need not have to sit tight for 2 years for a lease extension. Both sets of lawyers will agree to form of assignment. The assignment needs to be completed before, or simultaneously with completion of the disposal of the property.
Alternatively, it may be possible to extend the lease informally by agreement with the landlord either before or after the sale. If you are informally negotiating there are no rules and so you cannot insist on the landlord agreeing to grant an extension or transferring the benefit of an agreement to the purchaser.
Having spent years of dialogue we simply can't agree with our landlord on how much the lease extension should cost for our flat in Caterham. Does the Leasehold Valuation Tribunal have jurisdiction to calculate the appropriate figures?
Most definitely. We are happy to put you in touch with a Caterham conveyancing firm who can help.
An example of a Freehold Enfranchisement case for a Caterham flat is 223 Brighton Road in September 2013. The premium payable for the acquisition freehold of the properties should be £10,934 (Ten thousand,nine hundred and thirty four pounds) This case related to 3 flats. The remaining number of years on the lease was 75 years.