My partner and I are nearing an exchange on a flat in Erith and my parents have sent the exchange deposit to my conveyancer. I am now told that as the deposit has been sent from someone other than me my conveyancing practitioner needs to disclose this to my lender. Apparently, in also acting for the lender he must inform them that the balance of the purchase price is not just from me. I advised the lender concerning my parents' contribution when I applied for the home loan, so is it really appropriate for him to raise this?
The conveyancing practitioner is legally required to clarify with mortgage company to make sure that they know that the balance of the purchase price is not from your own resources. Your solicitor can only report this to your lender if you permit them to, failing which, your lawyer must cease to continue acting.
Having sold my house in Erith last February but the buyer keeps telephoning every few hours to moan that their conveyancer is waiting to hear from mine. What should my lawyer have done now that I have sold?
Following your disposal your lawyer should deliver the transfer deeds and all supplemental paperwork to the purchaser's solicitors. If applicable, your solicitor must also confirm that the home loan has been paid off to the purchasers lawyers. There are no post completion steps specific conveyancing in Erith.
Are there restrictive covenants that are commonly picked up during conveyancing in Erith?
Covenants that are restrictive in nature can be picked up when reviewing land registry title as part of the process of conveyancing in Erith. 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…’
My company is hoping to take an assignment of a lease of an office on a shopping parade. Can you recommend lawyers offering competitive costs for commercial conveyancing in Erith for below £2000?
We are happy to recommend firms who have well rounded knowledge of commercial conveyancing in Erith, including the disposal and acquisition of businesses as well as simply property. Whether you are hoping to buy or sell a shop, pub, restaurant, office, retail unit or a whole business we can find you the right lawyer. As for the costs these will vary based on the structure and complexity of the proposed transaction. Let us have your details or call so as to enable us to furnish you with a detailed commercial conveyancing calculation.
I am using a search engine for the phrase cheap conveyancing in Erith it reveals numerous conveyancersin the area. How do I determine which is the suitable conveyancing solicitor for me?
The best method of choosing a suitable conveyancer is via personal recommendation, so ask friends and those you trust who have purchased a property in Erith or a respected estate agent or mortgage broker. Fees for conveyancing in Erith differ, so it's a good idea to request a minimum of four estimates from different property lawyers. Make sure that you clarify that the charges are assured not to increase.
My husband and I may need to let out our Erith ground floor flat temporarily due to taking a sabbatical. We instructed a Erith conveyancing practice in 2001 but they have closed and we did not have the foresight to get any advice as to whether the lease permits subletting. How do we find out?
A small minority of properties in Erith do contain a provision to say that subletting is only permitted with prior consent from the landlord. The landlord cannot unreasonably refuse but, in such cases, they would need to review references. Experience dictates that problems are usually caused by unsatisfactory tenants rather than owner-occupiers and for that reason you can expect the freeholder to take up the references and consider them carefully before granting permission.
I inherited a ground-floor 1950’s flat in Erith. Given that I can not reach agreement with the freeholder, can the Leasehold valuation Tribunal make a decision on the amount due for a lease extension?
if there is a absentee freeholder or if there is dispute about the premium for a lease extension, under the relevant legislation it is possible to make an application to the LVT to decide the premium.
An example of a Lease Extension decision for a Erith residence is Various @ Colombus Square in January 2012. the Tribunal calculated the premiums to be paid for new leases for each of the flats in Mariners Walk to be £3822 and the premium to be paid for the new lease of 2 Knights Court to be £4439. This case was in relation to 13 flats. The number of years remaining on the existing lease(s) was 76 years.