Will my conveyancing lawyers need to check that the building insurance when buying a house in East Croydon. My lender is Chelsea Building Society
Chelsea Building Society have specific requirements as set out in the UK Finance Lenders’ Handbook. As of 2/6/2025, the requirements read as follows :
Do I find a Licenced Conveyancer or Solicitor for conveyancing in East Croydon?
There are many registered licenced Conveyancers in East Croydon and Solicitor firms in East Croydon who provide Conveyancing services We would stress that the two are regulated professionals specialising in the legal work in transferring property. The two can handle associated property related work such as remortgage conveyancing, enfranchisement and transfer of equity conveyancing.
I happen to be the sole beneficiary of my late grandmother’s will with all property in now in my sole name, including the my former home in East Croydon. The East Croydon property was put into my name in May. I now wish to sell up. I do know about the Mortgage Lenders 6 month 'rule', which means that my property ownership may be regarded the same way as though I had purchased the property in May. Do I have to wait half a year to sell?
The CML handbook mandates conveyancers to: "report to us immediately if the owner or registered proprietor has been registered for less than six months." By the strict wording you may be impacted by that. Some lenders would take a pragmatic view as this clause is chiefly there to identify the purchase and immediately sell or the quick reselling of property.
Having read lots of house buying guides, I note that it is considered advisable to get your house surveyed prior to buying it. When I asked my local East Croydon solicitor - who is on the Kent Reliance conveyancing panel - on this she said they don't do this and I need to contract an independent surveyor. is that correct?
Kent Reliance will need an independent valuation of the property. Your lawyer will not arrange this. Usually Kent Reliance will appoint their own surveyor to do this, and you will have to pay for it. Remember that this is a valuation for mortgage purposes and not a survey. Your property lawyer will not organise the survey but they may be able to put you in touch with a local one that they recommend. RICS offers a find a surveyor service (just google it) where you can search for a qualified surveyor by your East Croydon postcode. As you are getting a mortgage with Kent Reliance, you could contact them to see if they have a list of approved surveyors in East Croydon.
I need some fast conveyancing in East Croydon as I am faced with pressure to sign on the dotted line within 2 weeks. A mortgage is not required. Can I escape the need for conveyancing searches to save money and time?
If.Given you are not obtaining a home loan you are at free not to do searches although no lawyer would suggest that you don't. With plenty of history conveyancing in East Croydon the following are instances of issues that can show up and adversely affect the marketability of the property: Refused Planning Applications, Overdue Fees, Outstanding Grants, Unadopted Roads,...
Just had an offer accepted on a new build apartment in East Croydon. Conveyancing is daunting at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build conveyancing.
Here is a sample of a few leasehold new build questions that you should expect your new-build leasehold conveyancing in East Croydon
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Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents. Where service of notices and proceedings can be at the property demised please confirm that this can be amended to include simultaneous services at the Lessees’ solicitors’ offices where the Lessee from time to time is not resident in the UK - such solicitors may be varied by notice in writing to the Landlord from time to time but otherwise will be as previously specified. Forfeiture - bankruptcy or liquidation must not apply under this provision. Please supply a car parking plan. Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose?
I have recently realised that I have 68 years left on my lease in East Croydon. I now wish to extend my lease but my landlord is can not be found. What options are available to me?
On the basis that you qualify, under the Leasehold Reform, Housing and Urban Development Act 1993 you can apply to the County Court for an order to dispense with the service of the initial notice. This will mean that your lease can be lengthened by the magistrate. However, you will be required to demonstrate that you or your lawyers have used your best endeavours to track down the landlord. In some cases a specialist would be useful to try and locate and to produce a report to be used as proof that the freeholder is indeed missing. It is advisable to get professional help from a property lawyer both on devolving into the landlord’s absence and the vesting order request to the County Court covering East Croydon.
Following months of correspondence we are unable to agree with our landlord on how much the lease extension should cost for our flat in East Croydon. Does the Leasehold Valuation Tribunal have jurisdiction to calculate the appropriate figures?
if there is a missing landlord or where there is disagreement about the premium for a lease extension, under the Leasehold Reform, Housing and Urban Development Act 1993 you can apply to the LVT to decide the sum to be paid.
An example of a Freehold Enfranchisement case for a East Croydon premises is 29 Woodstock Road in April 2014. the Tribunal determined that the premiums to be paid into court in respect of the purchase of the freehold registered at HMLR under Title N0.SY3997 should be £7,217. This case related to 4 flats. The remaining number of years on the lease was 98 years.
Our lawyer in East Croydon has uncovered a a problem with the lease for the apartment we are purchasing in East Croydon. The other side have offered title insurance as a workaround. We are happy with insurance and will cover the costs. Our solicitor has advised that as he is on the lender conveyancing panel he must be satisfied that the lender is happy with this solution. Who is the client here, us or the bank?
Just because you have a mortgage offer from the bank does not mean to say that the property will be meet their requirements for the purposes of a mortgage. Your East Croydon conveyancing lawyer has to ensure that the lease has to comply with the UK Finance Lenders’ Handbook Requirements. You and the lender are the client. These conveyancing instructions have to be complied with by the mortgage company conveyancing panel who has to balance acting for you and the bank