What does a local search tell me concerning the property we're purchasing in Esher?
Esher conveyancing often commences with the submitting local authority searches directly from your local Authority or via a personal search organisations for example PSG The local search plays an important part in most Esher conveyancing purchase; as long as you wish to avoid any unpleasant surprises after you move into your property. The search should supply information on, amongst other things, details on planning applications relevant to the premises (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 13 subject headings.
It has been three months following my purchase conveyancing in Esher concluded. I have checked the Land Registry website which shows that I paid £200,000 when infact I paid £180,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the premises from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
Due to the advice of my in-laws I had a survey completed on a house in Esher ahead of retaining solicitors. I have been told that there is a flying freehold element to the property. My surveyor has said that some mortgage companies may refuse to issue a mortgage on a flying freehold home.
It depends who your proposed lender is. Santander has different instructions for example to Birmingham Midshires. If you contact us we can look into this further via the relevant mortgage company. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Esher. Conveyancing will be smoother if you use a solicitor in Esher especially if they regularly deal with such properties in Esher.
Am I better off to use a Esher conveyancing practitioner based in the area that I am purchasing? I have an old university friend who can execute the legal formalities but his firm is located 200kilometers drive away.
The primary upside of using a high street Esher conveyancing firm is that you can pop in to sign paperwork, present your ID and apply pressure on them if necessary. Having local Esher know how is a plus. That being said it's more important to get someone that will pull out all the stops for you. If you know people who instructed your friend and they were content that should outweigh using an unknown Esher conveyancing solicitor just because they are Esher based.
I've found a house that seems to meet my requirements, at a great price which is making it more attractive. I have since discovered that it's a leasehold as opposed to freehold. I am assuming that there are particular concerns buying a leasehold house in Esher. Conveyancing advisers have not yet been appointed. Will they explain the issues?
Most houses in Esher are freehold rather than leasehold. This is one of the situations where having a local conveyancer who is familiar with the area who can assist with the conveyancing process. It is clear that you are purchasing in Esher so you should seriously consider shopping around for a Esher conveyancing solicitor and be sure that they have experience in advising on leasehold houses. First you will need to check the number of years remaining. As a lessee you will not be at liberty to do whatever you want with the house. The lease comes with conditions for example obtaining the freeholder’sconsent to conduct changes to the property. It may be necessary to pay a service charge towards the upkeep of the estate where the property is located on an estate. Your lawyer should advise you fully on all the issues.
Following months of negotiations we cannot agree with our landlord on how much the lease extension should cost for our flat in Esher. Does the Leasehold Valuation Tribunal have jurisdiction to calculate the appropriate figures?
Where there is a missing landlord or where there is disagreement about what the lease extension should cost, under the Leasehold Reform, Housing and Urban Development Act 1993 you can apply to the Leasehold Valuation Tribunal to make a decision on the sum to be paid.
An example of a Lease Extension matter before the tribunal for a Esher premises is Flat D 15 Claremont Gardens in September 2013. TheTribunal determined in accordance with section48 and Schedule13 of the Leasehold Reform,Housing and Urban Development Act 1993 that the premium for the extended lease should be fourteen thousand one hundred and eighty seven pounds (£14,187.00) This case affected 1 flat.
We are in the throes of selling our flat in Esher. Conveyancing lawyers are doing their job but we are being charged a fortune by the managing agents. So far we have forked out £237 for a leasehold management pack and then another £134.40 for answers to queries raised by the purchaser's conveyancer.
You will not have any say over the extent of the bill for this information but the typical fee for the information for Esher leasehold property is £350. For Esher conveyancing transactions it is customary for the owner to pay for these costs. The freeholder or their agents are under no statutory obligation to answer these questions although many will be willing to do so - albeit often at high prices disproportionate to the work involved. Regretfully there is no statute that requires set charges for administrative tasks. There is no legal time frame by which they are required to provide the information.