I need some expedited conveyancing in Greenwich as I have a deadline to exchange contracts within 3 weeks. Fortunately I do not require a mortgage. Is it possible to avoid the conveyancing searches to save fees and time?
As you are are a cash buyer you have the choice not to do searches although no law firm would suggest that you don't. Drawing on years of experience of conveyancing in Greenwich the following are instances of issues that can show up and therefore affect the marketability of the property: Enforcement Notices, Overdue Fees, Overdue Grants, Railway Schemes,...
The estate agent has sent us the confirmation of our purchase of a new build flat in Greenwich. Conveyancing is necessary evil 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 enquiries that you should expect your new-build leasehold conveyancing in Greenwich
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Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents. Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? The Vendor must covenant to keep unoccupied units in good repair until long leases are granted therefore. There must be mutual enforceability of lessee’s covenants.
I'm refinancing my primary home to a BTL loan with Nationwide Building Society and I will use the ballance of the raised equity as a deposit on a second property. The area we are talking about is Greenwich. Will your conveyancers be able to act for both sets of lenders and link together the two deals?
Do use our comparison tool on this site to check that the solicitors are approved by both mortgage companies. Assuming that they are your lawyer will be able to tie up the two conveyancing matters but you should have a chat with you conveyancer and make clear your expectations and needs.
We're new to the buying process - had an offer accepted, yet the selling agent informed us that the owners will only issue a contract if we use their chosen conveyancers as they want an ‘expedited deal’. We would rather use a family conveyancer with experience of conveyancing in Greenwich
We suspect that the seller is unaware of this requirement. Should the vendor desire ‘a quick sale', taking such a hostile approach to a serious buyer is is going to put the whole deal at risk. Avoid the agents and go straight to the sellers and explain that (a)you are keen to buy (b)you are ready to go, with finances arranged © you are chain free (d) you wish to move quickly (e)but you are going to instruct your preferred Greenwich conveyancing solicitors - rather thanthose that will give the estate agent a referral fee or hit his conveyancing thresholds pre-set by corporate headquarters.
If all goes to plan we aim to complete the disposal of our £175,000 flat in Greenwich on Monday in a week. The management company has quoted £372 for Landlord’s certificate, building insurance schedule and previous years statements of service charge. Is it legal for a freeholder to charge such fees for a leasehold conveyance in Greenwich?
Greenwich conveyancing on leasehold apartments more often than not requires the purchaser’s conveyancer sending questions for the landlord to address. Although the landlord is under no legal obligation to answer such questions most will be content to do so. They are at liberty to charge a reasonable charge for responding to questions or supplying documentation. There is no set fee. The average fee for the paperwork that you are referring to is over three hundred pounds, in some cases it exceeds £800. The management information fee levied by the landlord must be accompanied by a synopsis of entitlements and obligations in relation to administration charges, without which the invoice is technically not due. Reality however dictates that you have little choice but to pay whatever is demanded if you want to sell the property.
I have attempted and failed to negotiate with my landlord for a lease extension without getting anywhere. Can the Leasehold Valuation Tribunal decide on such matters? Can you recommend a Greenwich conveyancing firm to represent me?
Where there is a missing landlord or if there is dispute about the premium for a lease extension, under the relevant statutes you can apply to the LVT to arrive at the amount due.
An example of a Lease Extension case for a Greenwich premises is 73 Walerand Road in August 2012. the result of the findings of the Tribunal led to a premium to be paid for the extended lease in respect of Flat 73 in the sum of £10,040. The premium applicable in respect of Flat 85 was £5,710. This case related to 2 flats. The unexpired residue of the current lease was 72 years.
Why am I unable to complete our conveyancing in Greenwich on Good Friday?
This is due to the fact that on completion the sale price needs to pass between the banks of the buyer and seller's conveyancer and currently this can only take place on a working day. It is not possible to complete on a saturday or sunday either.