Finally the sale completed on my house in New Malden last July but the buyer keeps SMS messaging daily to moan that his lawyer needs to hear from mine. What should have happened now that I have sold?
After completion of your house sale your solicitor is committed to send the transfer documentation and all additional paperwork to the buyer’s lawyers. If applicable, your conveyancer must also confirm that the legal charge in favour of the lender has been discharged to the buyers lawyers. There are no post completion procedures peculiar conveyancing in New Malden.
I require fast conveyancing in New Malden as I am under pressure to exchange contracts in less than 4 weeks. Thankfully I do not require a mortgage. Is it possible to escape the need for conveyancing searches to save fees and time?
As you are are a mortgage free purchaser you have the choice not to have searches carried out although no lawyer would advise that you don't. With lots of history conveyancing in New Malden the following are instances of what can crop up and therefore impact the marketability of the property: Refused Planning Applications, Overdue Fees, Outstanding Grants, Railway Schemes,...
Have completed on a a terraced house in New Malden , What is the estimated time for the Land Registry to deal with the formalities evidencing my ownership? My New Malden conveyancing solicitor works at snail pace, so I want to check the registration is concluded.
There is nothing unique when it comes to conveyancing in New Malden registration formalities. As opposed to being determined by geographic area, timescales can vary subject to the party submitting the application, whether it is in order and whether the Land registry communicate with any other parties. At present roughly 80% of submission are fully addressed in less than three weeks but occasionally there can be extensive delays. Historically registration takes place after the purchaser has moved in to the premises therefore registration formalities is not always top priority but where there is a degree of urgency associated with the registration then you or your conveyancer can contact the land registry and explain the circumstances.
Over the last few months I have been searching for a leasehold apartment up to £245,000 and identified one round the corner in New Malden I like with open areas and station in the vicinity, the downside is that it only has 49 years unexpired on the lease. There is not much else in New Malden suitable, so just wondered if I would be making a grave error buying a short lease?
If you require a mortgage the remaining unexpired lease term will be a potential deal breaker. Discount the offer by the expected lease extension will cost if not already taken into account. If the current proprietor has owned the premises for a minimum of twenty four months you could request that they commence the lease extension formalities and pass it to you. You can add 90 years to the current lease with a zero ground rent applied. You should consult your conveyancing solicitor concerning this.
Hoping to buy a property located in New Malden and I am already nervous. I couldn't find anything specific about New Malden. Conveyancing will be needed in due course but do you know about the New Malden area? or perhaps some other tips you can share?
Rather than looking online forget looking online you should go and have a look at New Malden. In the meantime here are some basic statistics that we found
I am hoping to exchange soon on a garden flat in New Malden. Conveyancing solicitors assured me that they will have a report out to me within the next couple of days. Are there areas in the report that I should be focusing on?
Your report on title for your leasehold conveyancing in New Malden should include some of the following:
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Information concerning the obligations as set out in the lease to pay service charges - in respect of the block, and the wider rights a lessee enjoys Where does the liability rest for repairing the window frames How long the lease is. You should receive guidance as what happens when the lease ends, and informed of the importance of the 80 year mark The landlord’s rights to access the flat. You should be made aware that your landlord has rights of access as well as be informed how much notice must be provided. Repair and maintenance of the property
I am the proprietor of a a ground floor purpose built flat in New Malden. In the absence of agreement between myself and the freeholder, can the Leasehold valuation Tribunal make a decision on the amount due for the purchase of the freehold?
Most certainly. We can put you in touch with a New Malden conveyancing firm who can help.
An example of a Lease Extension decision for a New Malden premises is Flat D 15 Claremont Gardens in September 2013. TheTribunal determined in accordance with section48 and Schedule13 of the Leasehold Reform,Housing and Urban Development Act 1993 that the premium for the extended lease should be fourteen thousand one hundred and eighty seven pounds (£14,187.00) This case affected 1 flat.