AssumingI was to buy a freehold housein East Dulwich for cash and have no survey and no conveyancing searches how much would I expect to to save on my conveyancing in East Dulwich?
Any savings you would make will be limited to the costs for searches. The property lawyer still be obliged to do everything else - money laundering, communicating with your vendors conveyancing practitioner, SDLT return, register the property etc. A marginal saving might be made by not needing to register a charge however it will not be meaningful.
Forgive me if this question is silly but I am unexperienced as FTB of a ground floor flat in East Dulwich. Do I collect the keys to the property on the completion date from my conveyancer? If so, I will find a local conveyancing solicitor in East Dulwich?
There is no need to visit the lawyers office on the day of completion. Conveyancing lawyers for you will arrange to send the purchase money to the vendor’s solicitors, and shortly after the monies have arrived, you should be able to pick up the keys from the Estate Agents and start moving into the property. Usually this occurs between 1 and 3pm.
My father advised me that in buying a property in East Dulwich there could be a number of restrictions limiting what one can do in terms of external changes to a property. Is this right?
There are anumerous of properties in East Dulwich which have some sort of restriction or requirement of consent to perform external changes. Part of the conveyancing in East Dulwich should determine what restrictions are applicable and advising you as part of a ROT that should be sent to you.
Can I be sure that the East Dulwich conveyancing solicitor on the Skipton panel is any good?
When it comes to conveyancing in East Dulwich seeking recommendations is a good start. Before you go ahead, check if they offer a no sale no fee offer. Also, you often get what you pay for - a firm which quotes more, will often provide a better service than one which is cheap as chips. We would always suggest that you speak with the lawyer conducting your conveyancing.
Do commercial conveyancing searches reveal impending roadworks that may affect a commercial estate in East Dulwich?
Its becoming the norm that commercial conveyancing solicitors in East Dulwich will conduct a SiteSolutions Highways report as it dramatically cuts the time that conveyancers expend in sourcing accurate data on highways that impact buildings and development assets in East Dulwich. The report sets out definitive data on the adoption status of roads, footpaths and verges, as well as the implication of traffic schemes and the rights of way surrounding a commercial development sites in East Dulwich.
For each commercial conveyancing transaction in East Dulwich it is critical to investigate the adoption status of roads surrounding a site. Failure to identify developments where adoption procedures have not been addressed adequately may cause delays to East Dulwich commercial conveyancing deals as well as present a risk to future intentions for the site. These searches are not ordered for residential conveyancing in East Dulwich.
I am looking for a ground for flat up to £305k and found one round the corner in East Dulwich I like with open areas and transport links in the vicinity, however it only has 49 remaining years left on the lease. I can't really find anything else in East Dulwich suitable, so just wondered if I would be making a grave error buying a lease with such few years left?
If you need a mortgage the shortness of the lease will likely be problematic. Discount the offer by the expected lease extension will cost if not already taken into account. If the existing proprietor has owned the property for a minimum of twenty four months you can ask them to commence the lease extension formalities and then assign it to you. You can add 90 years to the existing lease term with a zero ground rent applied. You should consult your conveyancing lawyer about this.
I need to find a conveyancing solicitor for residential conveyancing in East Dulwich. I have chance upon a web site which appears to be the perfect solution If it is possible to get all the legals completed via phone that would be preferable. Should I be concerned? What should out be looking out for?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?
I am employed by a long established estate agent office in East Dulwich where we have experienced a few flat sales derailed due to short leases. I have received conflicting advice from local East Dulwich conveyancing firms. Please can you confirm whether the owner of a flat can initiate the lease extension process for the purchaser on completion of the sale?
Provided that the seller has been the owner for at least 2 years it is possible, to serve a Section 42 notice to start the lease extension process and assign the benefit of the notice to the purchaser. This means that the proposed purchaser can avoid having to sit tight for 2 years for a lease extension. Both sets of lawyers will agree to form of assignment. The assignment needs to be completed before, or simultaneously with completion of the disposal of the property.
Alternatively, it may be possible to extend the lease informally by agreement with the landlord either before or after the sale. If you are informally negotiating there are no rules and so you cannot insist on the landlord agreeing to grant an extension or transferring the benefit of an agreement to the purchaser.
I have tried to negotiate informally with with my landlord for a lease extension without any joy. Can the Leasehold Valuation Tribunal decide on such matters? Can you recommend a East Dulwich conveyancing firm to assist?
Most definitely. We are happy to put you in touch with a East Dulwich conveyancing firm who can help.
An example of a Lease Extension matter before the tribunal for a East Dulwich flat is Flat 1 40-42 Ewelme Road in August 2012. the Tribunal assessed the premium for the lease extension in the sum of £11,800 This case related to 1 flat. The unexpired term as at the valuation date was 61.81 years.