Would the conveyancing solicitors that you recommend carry out conveyancing in Mitcham by way of an attended exchange?
There are a few conveyancing experts carrying out 24hr exchanges. Do call us to secure a conveyancing quote and details as to dates.
Why do I have to pay up front for conveyancing in Mitcham?
Where you are retaining lawyers for conveyancing in Mitcham your lawyer will ask you to provide them with monies to cover the search fees. This will be the total of the cost of the Local Authority Search. When the deposit is as part of the purchase price then this should be required immediately ahead of exchange of contracts. The closing balance that is due should be transferred shortly before completion.
I am downsizing from our home in Mitcham and the buyers lawyers are claiming that there is a possibility that the property was constructed land that was not decontaminated. Any local lawyer would know this is not the case. It does beg the question why the buyers are using a nationwide conveyancing firm rather than a conveyancing solicitor in Mitcham. Having lived in Mitcham for 5 years we know that this is a non issue. Is it a good idea to get in touch with our local Authority to get clarification need.
It sounds as though you may have a conveyancing solicitor currently acting for you. Are they able to advise? You need to check with your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out health insurance to cover that same ailment)
I am buying my first flat in Mitcham with a mortgage from Norwich and Peterborough Building Society. The builders would not budge the price so I negotiated 6k of extras instead. The estate agent suggested that I not disclose to my conveyancer about this deal as it may jeopardize my loan with the bank. Do I keep my lawyer in the dark?.
All lenders require a Disclosure of Incentives Form from the developer of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.
Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.
Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.
Due to the input of my in-laws I had a survey completed on a house in Mitcham before appointing conveyancers. I have been told that there is a flying freehold aspect to the property. The surveyor advised that some mortgage companies tend refuse to give a mortgage on a flying freehold home.
It depends who your proposed lender is. Santander has different instructions from Halifax. Should you wish to call us we can investigate further via the appropriate lender. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Mitcham. Conveyancing may be slightly more expensive based on your lender's requirements.
All being well we will complete the sale of our £275,000 apartment in Mitcham in 10 days. The freeholder has quoted £360 for Landlord’s certificate, insurance certificate and 3 years service charge statements. Is the landlord entitled to charge such fees for a flat conveyance in Mitcham?
Mitcham conveyancing on leasehold apartments often requires the purchaser’s solicitor sending questions for the landlord to answer. Although the landlord is not legally bound to respond to such questions the majority will be content to do so. They may invoice a reasonable charge for responding to questions or supplying documentation. There is no upper cap for such fees. The average costs for the information that you are referring to is £350, in some situations it is in excess of £800. The administration charge demanded by the landlord must be accompanied by a synopsis of entitlements and obligations in relation to administration charges, without which the charge is not strictly payable. Reality however dictates that one has no choice but to pay whatever is requested of you should you wish to exchange contracts with the buyer.
Having spent months of negotiations we cannot agree with our landlord on how much the lease extension should cost for our flat in Mitcham. Can we issue an application to the Residential Property Tribunal Service?
in cases where there is a missing landlord or where there is disagreement about what the lease extension should cost, under the relevant legislation it is possible to make an application to the Leasehold Valuation Tribunal to arrive at the price payable.
An example of a Freehold Enfranchisement case for a Mitcham premises is 50 & 52 Southcroft Road in September 2013. The tribunals own valuation determined that the premium payable should be £29,000 This case related to 2 flats. The unexpired lease term was 86.11 and 60.64.