Is there a reason why leasehold purchase conveyancing in Mortlake is more expensive?
The conveyancing fees on a leasehold property in Mortlake is inevitably greater than on a freehold acquisition or disposal. This is due to the supplemental work necessary in liaising with the freeholder and management company to collate the evidence about whether the rent and maintenance charges have been cleared and whether there are any major works due in the near future on repairs or maintenance of the block.
I am assisting my niece sell her flat in Mortlake. Does the solicitor arrange the energy performance certificate or it is for the seller to see to?
Following the demise of Home Packs, EPC’s was kept a required element of moving house. An energy assessment should be commissioned before the property is placed on the market. This is not a task that conveyancers normally arrange. If you are instructing a Mortlake conveyancing lawyer they may be able to arrange energy performance certificates due to their contacts with long established Mortlake providers
Intending to buy a flat in Mortlake. I have received an online quote from a licenced conveyancer, which states: "There will be no charge for dealing with the Lender if you are obtaining a mortgage". I take this to mean that there will be no additional fee if the solicitor is on the HSBC conveyancing panel. I wanted to make sure it means there will be no additional fees for dealing with the mortgage.
They are simply saying that the cost for acting for the lender is included in the fee being quoted. It is worth you checking that the Mortlake solicitor is on the HSBC conveyancing panel.
After shopping around on the internet I have found a Mortlake lawyer having made sure that they are on the Nottingham conveyancing panel. Does my lawyer arrange the survey of the property?
Nottingham will need an independent valuation of the property. Your lawyer will not arrange this. Usually Nottingham will appoint their own surveyor to do this, and you will have to pay for it. Remember that this is a valuation for mortgage purposes and not a survey. You may wish to consider appointing your own Mortlake surveyor to carry out a survey or prepare a home buyers report on the property. It is up to you to satisfy yourself that the property is structurally sound before you buy it. If the survey or report reveals that building work is needed, you should tell your solicitor. You may wish to renegotiate with the seller.
My relative advised me that where I am buying in Mortlake I should ask my conveyancer to execute a Neighbourhood, Planning and Local Amenity Search. What does it cover?
A search of this type is occasionally quoted for as part of the standard Mortlake conveyancing searches. It is a large report of about 40 pages, listing and setting out important information about Mortlake around the property and the people living there. It includes an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the Mortlake Housing Market, Council Tax Banding, the demographics of People living in the area, the dominant type of Housing, the Average House Prices, Crime statistics, Mortlake Education with maps and statistics, Local Amenities and other useful information about Mortlake.
About to purchase a new build flat in Mortlake. Conveyancing is a frightening process at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build conveyancing.
Set out below are examples of a few leasehold new build questions that you should expect your new-build leasehold conveyancing in Mortlake
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Please confirm the Lease plans are surveyor prepared. Where service of notices and proceedings can be at the property demised please confirm that this can be amended to include simultaneous services at the Lessees’ solicitors’ offices where the Lessee from time to time is not resident in the UK - such solicitors may be varied by notice in writing to the Landlord from time to time but otherwise will be as previously specified. The Lease must contain a provision on behalf of the Vendor to pay the service charges in respect of unoccupied units in order to ensure that all services can be provided. The Vendor must covenant to keep unsold units in good repair until long leases are granted therefore. Forfeiture - bankruptcy or liquidation must not apply under this provision.
Am I right to be concerned that estate agents that I am dealing with are suggesting an online conveyancing firm rather than a High Street Mortlake conveyancing firm?
As is the case with lots of service providers, often input from family and friends can be extremely useful or valuable. But there are lots of players in a conveyancing deal; estate agents, financial adviser and lenders may suggest conveyancers to select. On occasion these lawyers might be known to one of the organisations as experts in their field, but occasionally there exists a financial incentive behind the endorsement. You have the right to select your own conveyancer. You need to be aware that some mortgage providers have an approved list of solicitors you have to use for the lender related work in your conveyancing.
I am buying a ground floor apartment in Mortlake. Conveyancing solicitor has been awaiting, from the vendor, building insurance paperwork. This morning I was advised that the vendor needs to send the insurance schedule for the flat above also. Why would my lawyer want to check the insurance for the flat above? Is it really required? We have been waiting for the previous three weeks…
It is not unheard of in leasehold conveyancing in Mortlake to find Conveyancing in Mortlake in a minority of cases reveals that the lease provides for the leasehold owners to insure their individual flats rather than the landlord insuring the entire property - which is definitely better. You should contact your conveyancing practitioner but it would appear that your conveyancer is seeking to verify that the complete building is insured. Insuring your residence is no help when it comes to rebuilding after a fire if the 1st floor cannot be reconstructed as a result of lack of insurance cover.