The solicitor who dealt with my former purchase has quoted £995 for no move no fee conveyancing in New Eltham. I am hoping to downsize from a Victorian detached home for £275,000. Are the quoted fees excessive? Is it above the norm for conveyancing in New Eltham?
The estimate does seem marginally overpriced. Where you are content to spend time comparing prices you may be able to get the conveyancing a bit cheaper by say a hundred pounds. That being said, you maylive to regret opting for an an untested solicitor. Don't forget to ensure that the firm can act for your bank. You can utilise our search tool to select a New Eltham conveyancing firm on the banks conveyancing panel which can often include conveyancing solicitors in New Eltham.
My brother and I have recently acquired a house in New Eltham. We have noticed several issues with the house which we consider were overlooked in the conveyancing searches. Is there anything we can do? What searches should? have been carried out for conveyancing in New Eltham?
The query is vague as what problems have arisen and if they are unique to conveyancing in New Eltham. Conveyancing searches and due diligence initiated during the legal transfer of property are supposed to help avoid problems. As part of the process, a property owner fills in a questionnaire called a SPIF. answers is incorrect, you could possibly take legal action against the vendor for any losses that you have suffered. The survey should have identified any problems with the structure of the property. Assuming a detailed survey was carried out and the issues were not identified, you may have a claim against the surveyor. However, if you did not have a full survey, you may be responsible for fixing any defects that have now been noted. We would always encourage buyers to take every possible step to ensure they are completely aware of the condition of a property before purchase regardless of whether they are buying in New Eltham.
I've recently found out that there is a flying freehold issue on a house I have offered on last month in what should have been a straight forward, no chain conveyancing. New Eltham is where the house is located. What do you suggest?
Flying freeholds in New Eltham are not the norm but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside New Eltham you must be sure that your lawyer goes through the deeds thoroughly. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in New Eltham may decide that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold property.
Should I be suspicious about estate agents that I am dealing with are suggesting a web based conveyancing firm as opposed to a local New Eltham conveyancing firm?
As with lots of service providers, often referrals from connections can be worth their weight in gold. Nevertheless there are lots of players in a conveyancing transaction; estate agents, mortgage brokers and banks might all put forward lawyers to instruct. Sometimes the lawyers might be known to one of the organisations as experts in their field, but sometimes there is an underlying financial incentive behind the recommendation. You are at liberty to select your preferred lawyer. You need to be aware that the majority of lenders specify a panel list of law firms you have to use for the mortgage related work in your conveyancing.
I need to retain a conveyancing solicitor for leasehold conveyancing in New Eltham. I have chance upon a site which seems to have the ideal answer If it is possible to get all the legals done 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?
I am employed by a long established estate agent office in New Eltham where we have experienced a few leasehold sales jeopardised due to short leases. I have received contradictory information from local New Eltham conveyancing solicitors. Can you clarify whether the owner of a flat can start the lease extension process for the buyer?
As long as the seller has owned the lease for at least 2 years it is possible, to serve a Section 42 notice to start the lease extension process and assign the benefit of the notice to the purchaser. This means that the buyer need not have to sit tight for 2 years for a lease extension. Both sets of lawyers will agree to form of assignment. The assignment has to be done before, or simultaneously with completion of the disposal of the property.
An alternative approach is to extend the lease informally by agreement with the landlord either before or after the sale. If you are informally negotiating there are no rules and so you cannot insist on the landlord agreeing to grant an extension or transferring the benefit of an agreement to the buyer.
I have tried to negotiate informally with with my landlord for a lease extension without success. Can the Leasehold Valuation Tribunal decide on such matters? Can you recommend a New Eltham conveyancing firm to assist?
You certainly can. We are happy to put you in touch with a New Eltham conveyancing firm who can help.
An example of a Lease Extension case for a New Eltham premises is 103a Footscray Road in January 2014. The tribunal determines that the premium payable for the extended lease should be £34,500 according to the expert witness valuation calculation This case related to 1 flat.