My mortgage broker has asked me for my Dulwich law firm’s panel member for the Santander conveyancing panel. How do I find this out. I have contacted my local Dulwich office but they have not responded to me.
Have you tried contacting your Dulwich solicitor about this?. They keep a central record lender panel numbers.
Are there restrictive covenants that are commonly picked up during conveyancing in Dulwich?
Restrictive covenants can be picked up when reviewing land registry title as part of the process of conveyancing in Dulwich. 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'm purchasing my first flat in Dulwich with the aid of help to buy. The sellers refused to move on the amount so I negotiated five thousand pounds worth of fixtures and fittings instead. The property agent advised me not to tell my solicitor about this side-deal as it will affect my loan with HSBC Bank. Is this normal?.
All lenders require a Disclosure of Incentives Form from the builder of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.
Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.
Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.
Over the last few months I have been searching for a leasehold apartment up to £305k and found one close by in Dulwich I like with a park and transport links in the vicinity, the downside is that it's only got 52 years unexpired on the lease. There is not much else in Dulwich suitable, so just wondered if I would be making a grave error purchasing a lease with such few years left?
If you require a home loan that many years may be a potential deal breaker. Reduce the offer by the expected lease extension will cost if it has not already been discounted. If the existing proprietor has owned the property for at least 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 and have £0 ground rent by law. You should consult your conveyancing lawyer concerning this matter.
I have just started marketing my garden apartment in Dulwich. Conveyancing lawyers have not yet been instructed, however I have recently received a yearly maintenance charge invoice – should I leave it to the buyer to sort out?
The sensible thing to do is clear the invoice as usual as all rents and service payments should be apportioned on completion, so you will be reimbursed by the buyer for the period running from after the completion date to the next payment date. Most managing agents will not acknowledge the buyer until the service charges have been paid and are up to date, so it is important for both buyer and seller for the seller to show that they are up to date. This will smooth the conveyancing process.
We have reached the end of our tether in trying to reach an agreement for a lease extension in Dulwich. Can the Leasehold Valuation Tribunal adjudicate on premiums?
You certainly can. We can put you in touch with a Dulwich conveyancing firm who can help.
An example of a Lease Extension case for a Dulwich flat is 60 Taymount Grange Taymount Rise in June 2012. The Tribunal determined the premium at £13,346 for a lease extension of a further 90 years This case was in relation to 1 flat. The unexpired residue of the current lease was 64 years.
We are in the process of buying a flat in Dulwich. Conveyancing is not complete but we would like keep the amount we are are buying for private from the likes of Nestoria. Is this possible and how?
The Land Registry as a matter of law obliged to note price sold information on a register of the title for residential properties countrywide which includes premises in Dulwich. The Title Register is an open document, so the Land Registry would be breaching their statutory obligations excluded specific homes such as the property in Dulwich.
You can make a request of the Land Registry to withhold the price paid data yet the response would be in the negative.