I am getting a mortgage offer from Lloyds. I would like to instruct a Licensed Conveyancer in Catford. Does the Lloyds Solicitor panel exclude Licensed Conveyancers?
The Lloyds approved solicitor list is, like many other lenders, represented by the Council or Mortgage Lenders or Building Society Association, open to Licensed Conveyancers regulated by the Council of Licensed Conveyancers.
Finally the sale completed on my house in Catford last November yet the purchaser is whats apping every few hours to moan that his lawyer needs to hear from mine. What are the post completion sale legalities now that I have sold?
Post completion of your sale your conveyancer is committed to forward the transfer documentation and all additional paperwork to the purchaser's conveyancer. Depending on the transaction, your solicitor must also evidence that the home loan has been discharged to the buyers solicitors. There is unlikely to be post completion steps peculiar conveyancing in Catford.
Is it necessary to take out insurance to cover chancel repairs when purchasing a property in Catford?
Unless a prior purchase of the house completed after 12 October 2013 you could assume that lawyers delivering conveyancing in Catford to continue to propose a a chancel search and or chancel repair liability policy.
About to purchase a new build apartment in Catford. Conveyancing is daunting 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 few leasehold new build questions that you may expect your new-build leasehold conveyancing in Catford
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Please provide evidence that the form of Lease proposed has been approved by the Land Registry. Forfeiture - bankruptcy or liquidation must not apply under this provision. The Vendor must covenant to keep unsold units in good repair until long leases are granted therefore. Where there is an Undertaking being granted there is the risk of forfeiture of the Headlease subject to relief if one or more of the Underlessees are willing to accept the original Head Lessee’s obligations as otherwise relief will be denied to the Underlessees. The only alternatives are the Head Lessor agreeing not to forfeit the Headlease or the Head Lessee guaranteeing to the Underlessees that it will not be in breach of the Headlease.
I am employed by a busy estate agency in Catford where we have witnessed a number of leasehold sales jeopardised as a result of short leases. I have received contradictory information from local Catford conveyancing firms. Could you shed some light as to whether the vendor of a flat can instigate the lease extension process for the purchaser on completion of the sale?
Provided that the seller has owned the lease for at least 2 years it is possible, to serve a Section 42 notice to start the lease extension process and assign the benefit of the notice to the purchaser. The benefit of this is that the proposed purchaser need not have to wait 2 years to extend their lease. Both sets of lawyers will agree to form of assignment. The assignment has to be done before, or simultaneously with completion of the disposal of the property.
An alternative approach is 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.
Despite our best endeavours, we have been unsuccessful in trying to purchase the freehold in Catford. Can this matter be resolved via the Leasehold Valuation Tribunal?
You certainly can. We can put you in touch with a Catford conveyancing firm who can help.
An example of a Freehold Enfranchisement case for a Catford residence is 44 Elmer Road in January 2013. The Tribunal dacied that amount to be paid by the Leaseholders for the Landlords freehold reversion was £12,951 as at the valuation date (20" September 2012).This matter was referred back to the Bromley County Court to deal with costs, fees and any other outstanding matters. This case affected 2 flats. The remaining number of years on the lease was 74.25 years.
Can a conveyancer remove someone from the title of my home in Catford ?
Subtracting or adding someone to the title of your property is relatively straightforward. You’ll need to appoint a lawyer to discuss your legal rights before you can proceed with a transfer of property. Contact us to book a free consultation with one a property lawyer