I plan on acquiring a ground floor flat in Crofton Park. My Solicitor is not listed on the lender approved panel. Am I still permitted to appoint my Crofton Park conveyancing solicitor even though they are not on the bank panel?
You have a couple of choices open to you here
- Proceed with your existing Crofton Park conveyancer but your bank will need to retain a conveyancer on their conveyancing panel. The net result is additional fees and probable interruption.
- Appoint a new solicitor to act in the purchase, ensuring that they are on the bank conveyancing panel.
- Convince your conveyancing practitioner to seek to join the lender panel
What can a local search inform me regarding the house I am purchasing in Crofton Park?
Crofton Park conveyancing often commences with the applying for local authority searches directly from your local Authority or via a personal search company for example PSG The local search is essential in every Crofton Park conveyancing purchase; as long as you wish to avoid any nasty once you have moved into your property. The search should reveal data on, amongst other things, details on planning applications applicable to the property (whether granted or refused), building control history, any enforcement action, restrictions on permitted development, nearby road schemes, contaminated land and radon gas; in all a total of thirteen topic headings.
Despite weeks of looking the Title Certificate and documents to our home can not be found. The conveyancers who did the conveyancing in Crofton Park 5 years ago have long since closed. What do I do?
As long as you have a registered title the details of your ownership will be recorded by HMLR with a Title Number. It is easy to conduct a search at the Land Registry, locate your property and get current copies of the property title for a small fee. Where the title is Leasehold then the Land Registry will in most cases retain a file duplicate of the Registered Lease and again, a copy can be retrieved for a small fee.
Hoping to buy a property located in Crofton Park and I am already nervous. I couldn't find anything specific about Crofton Park. Conveyancing will be needed in due course but do you know about the Crofton Park area? or perhaps some other tips you can share?
Rather than looking online forget looking online you should go and have a look at Crofton Park. In the meantime here are some basic statistics that we found
I have given up trying to purchase the freehold in Crofton Park. Can the Leasehold Valuation Tribunal adjudicate on premiums?
Where there is a missing landlord or if there is dispute about what the lease extension should cost, under the relevant statutes you can apply to the First-tier Tribunal (Property Chamber) to determine the sum to be paid.
An example of a Lease Extension case for a Crofton Park premises is Flat b 14 Kemble Road in May 2014. The Tribunal assessed the value of the premium payable for the lease extension to be £9,761 This case affected 1 flat.
In relation to leasehold conveyancing in Crofton Park what are the most frequent lease defects?
Leasehold conveyancing in Crofton Park is not unique. All leases are drafted differently and drafting errors can result in certain sections are not included. The following missing provisions could result in a defective lease:
-
Insurance obligations
You will have difficulties when selling your property if you have a defective lease as they can affect a potential buyer’s ability to obtain a mortgage. Lloyds TSB Bank, Chelsea Building Society, and Alliance & Leicester all have express requirements when it comes to what is expected in a lease. Where a lender has been advised by their lawyers that the lease is defective they may refuse to provide security, obliging the purchaser to pull out.
Would local authority permission be required to change a house into a couple of flats in Crofton Park? This has taken place to a property opposite to my home in Crofton Park and was unaware of it happening until the works were complete.
Planning permission is needed for converting a single house in Crofton Park into apartments but probably not for converting back to single dwelling-house so, in answer to your query, yes.