I have just been advised by my estate agent that my Charlton the law firm I have appointed is not on the bank Conveyancing panel. What can I do to be sure if this is correct?
The first thing you need to do is to contact your Charlton lawyer directly. You lawyer should advise you what has happened. If they are not on the panel they may recommend you to a Charlton conveyancing firm that is on the approved list of lawyers for your bank.
I require conveyancing for a flat in a relatively new development (seven years old) in Charlton. Almost all the appartments have already been occupied. Is it really necessary to order neighbourhood searches as part of conveyancing in Charlton?
Conveyancing Searches are a central link in the Charlton conveyancing process. There are a large number of companies delivering Charlton conveyancing searches, as well straight from the local authority. These are known collectively as personal search organisation due to them carrying out, personal searches. However, all Local Authority Search conveyancing products have one thing in common - they must obtain their information from the local authority.
A friend recommended that if I am buying in Charlton I should carry out a Neighbourhood, Planning and Local Amenity Search. What does it cover?
This is a search is sometimes included in the estimate for your Charlton conveyancing searches. It is not a small document of more than thirty pages, listing and detailing important information about Charlton around the property and the people living there. It incorporates 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 statistics, Charlton Education with maps and statistics, Local Amenities and other useful information concerning Charlton.
I have been on the look out for a ground for flat up to £305k and identified one near me in Charlton I like with amenity areas and transport links nearby, the downside is that it's only got 49 remaining years left on the lease. There is not much else in Charlton suitable, so just wondered if I would be making a grave error buying a lease with such few years left?
Should you require a mortgage that many years will be problematic. Discount the price by the anticipated lease extension will cost if not already taken into account. If the existing owner has owned the property for a minimum of twenty four months you may request that they start the process of the extension and pass it to you. An additional ninety years can be extended on to the existing lease term and have £0 ground rent by law. You should consult your conveyancing lawyer about this matter.
My wife and I purchased a leasehold house in Charlton. Conveyancing and The Royal Bank of Scotland mortgage are in place. I have received a letter from someone saying they have taken over the freehold. Attached was a ground rent demand for rent dating back to 1996. The conveyancing practitioner in Charlton who previously acted has now retired. Do I pay?
The first thing you should do is contact the Land Registry to be sure that the individual purporting to own the freehold is in fact the registered owner of the freehold reversion. It is not necessary to incur the fees of a Charlton conveyancing lawyer to do this as it can be done on-line for a few pound. You should note that in any event, even if this is the legitimate freeholder, under the Limitation Act 1980 no more than 6 years of rent can be collected.
I have had difficulty in trying to reach an agreement for a lease extension in Charlton. Can this matter be resolved via the Leasehold Valuation Tribunal?
Where there is a missing freeholder or where there is disagreement about what the lease extension should cost, under the relevant statutes you can apply to the First-tier Tribunal (Property Chamber) to make a decision on the premium.
An example of a Lease Extension case for a Charlton residence 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 was in relation to 2 flats. The number of years remaining on the existing lease(s) was 72 years.
A licensed conveyancer dealt with my conveyancing in Charlton 8 years past having archived my registration documents but has since been shut down – What steps do I now take to get hold of them?
Deeds, as such, no longer exist as the majority of homes in Charlton are archived electronically at Land Registry. Where you need to show ownership or are disposing of or refinancing your conveyancer will need to obtain up to date copies of the register from the Land Registry in any case.
If you feel there may be other documents or you have any other queries please e-mail your request with details of the transaction and documents you need to filerequest@clc-uk.org. The CLC will let you know what information they have and any additional information they may need before they are in a position to identify and send the documents to you. Following an intervention it may take some time for the CLC to access archived files and documents, but your request will be actioned with reasonable haste.