Do conveyancers request money up-front for my conveyancing in Grahame Park?
Where you are retaining lawyers for conveyancing in Grahame Park your solicitor will request that you put them with funds to cover the the cost of the conveyancing searches. Generally this is needed to cover the fees of the conveyancing searches. If any down payment is as part of the sale price then this should be required shortly prior to contracts are exchanged. The closing balance that is due should be transferred a few days ahead of the completion date.
Do I need to attend the offices of the solicitor to execute the legal charge? If so, I will instruct a firm who offer conveyancing in Grahame Park so that I can attend their offices if necessary.
These days approved lawyers for banks undertake their work through the post, e-mail or over the phone. This enables them to conduct the conveyancing transaction regardless of where you live in England or Wales. Nevertheless you should check if you have the option of visiting the offices of your conveyancing lawyer if you prefer.
The deeds to our house can not be found. The solicitors who dealt with the conveyancing in Grahame Park 5 years ago have long since closed. What do I do?
Gone are the days when you need to hold title official documentation to prove you are the registered proprietor of land or property, as the Land Registry hold details of all registered land or property electronically.
I have been on the look out for a ground for flat up to £235,500 and found one round the corner in Grahame Park I like with amenity areas and station nearby, however it's only got 51 remaining years left on the lease. There is not much else in Grahame Park suitable, so just wondered if I would be making a mistake acquiring a lease with such few years left?
Should you need a home loan that many years will likely be problematic. Reduce the price by the anticipated lease extension will cost if not already taken into account. If the existing owner has owned the property for at least twenty four months you could ask them to commence the lease extension formalities and then assign it to you. You can add 90 years to the existing lease with a zero ground rent applied. You should consult your conveyancing lawyer regarding this matter.
I need to find a conveyancing solicitor for leasehold conveyancing in Grahame Park. I've chance upon a web site which looks to be the perfect solution If there is a chance to get all this stuff completed via phone that would be ideal. Do I need to be wary? 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?
My wife and I purchased a leasehold house in Grahame Park. Conveyancing and Barclays Direct mortgage are in place. A letter has just been received from someone claiming to own the freehold. It included a demand for arrears of ground rent dating back to 1995. The conveyancing practitioner in Grahame Park who previously acted has now retired. Any advice?
First contact the Land Registry to make sure that the individual claiming to own the freehold is indeed the new freeholder. It is not necessary to instruct a Grahame Park conveyancing lawyer to do this as you can do this on the Land Registry website for a few pound. Rest assured that in any event, even if this is the rightful landlord, under the Limitation Act 1980 no more than 6 years of rent can be collected.
Having spent years of negotiations we simply can't agree with our landlord on how much the lease extension should cost for our flat in Grahame Park. Does the Leasehold Valuation Tribunal have jurisdiction to calculate the appropriate figures?
Where there is a absentee landlord or if there is dispute about what the lease extension should cost, under the Leasehold Reform, Housing and Urban Development Act 1993 it is possible to make an application to the Leasehold Valuation Tribunal to determine the amount due.
An example of a Freehold Enfranchisement decision for a Grahame Park residence is 1 & 1A Sunningfields Crescent in September 2013. The Tribunals calculation of the amount to be paid into court in respect of the value of the freehold interest is £11,997 in respect of Flat 1 and £15,781 in respect of Flat 1A for a total of £27,778. This case was in relation to 2 flats. The unexpired term as at the valuation date was 71.5 years.