Are there restrictive covenants that are commonly identified during conveyancing in Copse Hill?
Covenants that are restrictive in nature can be picked up when reviewing land registry title as part of the process of conveyancing in Copse Hill. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
How does conveyancing in Copse Hill differ for new build properties?
Most buyers of new build or newly converted property in Copse Hill approach us having been asked by the developer to sign contracts and commit to the purchase even before the residence is built. This is because new home sellers in Copse Hill typically acquire the land, 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 property lawyers 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 accustomed to new build conveyancing in Copse Hill or who has acted in the same development.
Due to the advice of my in-laws I had a survey completed on a property in Copse Hill before retaining conveyancers. I have been informed that there is a flying freehold aspect to the property. Our surveyor has said that some banks tend not grant a loan on such a house.
It varies from the lender to lender. Bank of Scotland has different requirements from Birmingham Midshires. If you e-mail us we can look into this further via the appropriate bank. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Copse Hill. Conveyancing may be slightly more expensive based on your lender's requirements.
I am looking to sell my property. My previous conveyancers closed down. It would be helpful to have a recommendation of a conveyancing firm. I happen to live in Copse Hill if that affects matters.
Do use our search tool to help you find a solicitor for your conveyancing in Copse Hill. We have connected thousands of home buyers and sellers with regulated solicitors to ensure that the legalities of their house move runs smoothly.
Should I appoint a Copse Hill conveyancing lawyer based in the location that I am hoping to buy? I have an old university friend who can execute the conveyancing but his firm is located over three hundred kilometers away.
The benefit of a local Copse Hill conveyancing firm is that you can visit the firm to execute documents, hand in your ID and apply pressure on them if necessary. They will also have local knowledge which is a bonus. That being said nothing is more important than finding someone that will do a good and efficient job. If if people you trust used your friend and the majority were content that should surpass using an unfamiliar Copse Hill conveyancing lawyer solely due to them being local.
Jane (my partner) and I may need to rent out our Copse Hill garden flat temporarily due to a new job. We used a Copse Hill conveyancing practice in 2003 but they have since shut and we did not think at the time get any guidance as to whether the lease prohibits the subletting of the flat. How do we find out?
Your lease dictates relations between the freeholder and you the flat owner; specifically, it will say if subletting is not allowed, or permitted but only subject to certain caveats. The accepted inference is that if the lease contains no specific ban or restriction, subletting is permitted. Most leases in Copse Hill do not contain strict prohibition on subletting – such a clause would undoubtedly devalue the flat. In most cases there is a basic requirement that the owner notifies the freeholder, possibly sending a copy of the sublease.
I am the leaseholder of a basement flat in Copse Hill. In the absence of agreement between myself and the freeholder, can the Leasehold valuation Tribunal determine the premium payable for the purchase of the freehold?
Absolutely. We are happy to put you in touch with a Copse Hill conveyancing firm who can help.
An example of a Lease Extension case for a Copse Hill property is 83 Balvernie Grove in February 2012. The Tribunal assessed the price to be paid by the leaseholder to the freeholder for the lease extension pursuant to section 48 of the Leasehold Reform Housing & Urban Development Act 1993 should be£16,603.00 This case was in relation to 1 flat. The unexpired term was 69.32 years.