I am buying a house for cash in Copse Hill. I have been residing for the last twelve years in Copse Hill. Conveyancing searches are a lot of money. Given that I know the area and road intimately should I not bother getting the solicitor to do all the conveyancing searches?
Provided that you do not need a home loan, then almost all of the Copse Hill conveyancing searches are optional. Your conveyancer will try and sway you, no-doubt strongly, that you should have searches completed, but she is duty bound to do this. Do bear in mind; if you are likely to sell the house in the future, it may be of interest to your prospective purchaser what the searches reveal. Sometimes properties with day to day issues can still show up unpredicted search results. A good conveyancing solicitor in Copse Hill should provide you some sensible advice here.
Are there restrictive covenants that are commonly identified as part of conveyancing in Copse Hill?
Restrictive covenants 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…’
I've recently found out that there is a flying freehold issue on a property I have offered on last month in what was supposed to be a straight forward, chain free conveyancing. Copse Hill is where the house is located. What do you suggest?
Flying freeholds in Copse Hill are rare but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Copse Hill you must be sure that your lawyer goes through the deeds very carefully. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Copse Hill may ascertain that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold premises.
I have been advised by numerous selling agents in Copse Hill to find a conveyancer on your site. What’s the financial upside for Estate Agents to recommend your services ahead of alternative conveyancing organisations?
We don’t make any referral fee for sending work in our direction. We found it would be just too difficult to pay a commission because home movers will think, ‘Why is the agent getting a kickback? Why aren’t I getting any benefit too?’ We would prefer to grow our business on genuine recommendations.
I've recently bought a leasehold house in Copse Hill. Do I have any liability for service charges for periods before my ownership?
In a situation where the service charge has already been demanded from the previous lessee and they have not paid you would not usually be personally liable for the arrears. Strange as it may seem, your landlord may still be able to take action to forfeit the lease. A critical element of leasehold conveyancing for your conveyancer to ensure to have an up to date clear service charge receipt before completion of your purchase. If you have a mortgage this is likely to be a requirement of your lender.
If you purchase part way through an accounting year you may be liable for charges not yet demanded even if they relate to a period prior to your purchase. In such circumstances your conveyancer would normally arrange for the seller to set aside some money to cover their part of the period (usually called a service charge retention).
I have had difficulty in trying to purchase the freehold in Copse Hill. Can this matter be resolved via the Leasehold Valuation Tribunal?
You certainly can. 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 flat 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 as at the valuation date was 69.32 years.
A conveyancing firm handled my conveyancing in Copse Hill half a dozen years past having stored my registration certificates but has since been shut down – how do I get hold of these?
Title deeds, as such, are no longer appropriate for the majority of properties in Copse Hill are registered electronically at Land Registry. Should you need to show evidence of proprietorship or are selling or refinancing your lawyer can 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.