Having sold my house in Lee last December yet the purchaser is e-mailing me to moan that their solicitor needs to hear from mylawyer. What should have happened now that I have sold?
Following your house sale your conveyancer should forward the transfer deeds and all of the paperwork to the purchaser's lawyers. Where relevant, your conveyancer should also evidence that the mortgage has been redeemed to the buyers solicitors. There are no post completion steps just for conveyancing in Lee.
Do I have to attend the offices of the solicitor to execute the legal charge? If so, I will choose one who does conveyancing in Lee so that I can pop in to their offices if necessary.
These days conveyancing panel lawyers for lenders carry out the vast majority of communications through the post, internet or over the phone. This enables them to conduct the conveyancing transaction no matter where you live in England or Wales. However you can see if you can still book an appointment to visit conveyancing lawyer if just in case this is required.
How does conveyancing in Lee differ for newly converted properties?
Most buyers of new build property in Lee come to us having been asked by the seller to sign contracts and commit to the purchase even before the residence is constructed. This is because new home sellers in Lee tend to purchase the land, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancing solicitors as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are used to new build conveyancing in Lee or who has acted in the same development.
I'm refinancing my primary property to a buy to let mortgage with National Westminster Bank and intend to use the remaining equity towards a second house. The area we are looking at is Lee. Will your solicitors be able to act for the two lenders and link together the two deals?
Do use our comparison tool on this site to check that the lawyers are approved by both lenders. On the basis that they are the solicitor should be able to tie up the two deals but you should have a chat with you conveyancer and make apparent your expectations and requirements.
We expect to complete the disposal of our £175,000 apartment in Lee on Monday in a week. The landlords agents has quoted £336 for Landlord’s certificate, insurance certificate and previous years service charge statements. Is the landlord entitled to charge an administration fee for a leasehold conveyance in Lee?
Lee conveyancing on leasehold flats normally necessitates the purchaser’s lawyer sending questions for the landlord to address. Although the landlord is under no legal obligation to answer these enquiries the majority will be content to do so. They may levy a reasonable charge for responding to questions or supplying documentation. There is no set fee. The average costs for the information that you are referring to is over three hundred pounds, in some situations it is in excess of £800. The administration charge required by the landlord must be accompanied by a synopsis of rights and obligations in respect of administration charges, without which the charge is technically not due. In reality one has no option but to pay whatever is demanded should you wish to exchange contracts with the buyer.
I have attempted and failed to negotiate with my landlord to extend my lease without success. Can I apply to the Leasehold Valuation Tribunal? Can you recommend a Lee conveyancing firm to help?
Most definitely. We are happy to put you in touch with a Lee conveyancing firm who can help.
An example of a Freehold Enfranchisement matter before the tribunal for a Lee property is 18 Handen Road in April 2013. On 26 October 2012 District Judge Zimmels sitting at the Lambeth County Court made a Vesting Order that the Applicants be granted the right to acquire the freehold upon such terms and at such price determined by the LVT. The Tribunal arrived a figure of £39,535 as a valuation for the enfranchisement. This case affected 3 flats. The number of years remaining on the existing lease(s) was 69.05 years.
I have been told by various friends that it may take up to two months for Lee conveyancing to complete.This was a month ago. The paperwork was only received to my property lawyer last week so does the time start running now?
Six to 8 weeks is a very approximate timescale. Giving assurances as to accurately how how many weeks Lee conveyancing will take is an impossible task. Without fail every Lee conveyancing transaction has it’s own unique set of issues. As a result your lawyer will find it difficult to guarantee an exact timescale to conclude conveyancing in Lee.