I have been told that property searches are the number one cause of obstruction in Penge conveyancing transactions. Is there any truth in this?
The Council of Property Search Organisations (CoPSO) published determinations of research by MoveWithUs that conveyancing searches do not feature within the top 10 causes of hindrances during the legal transfer of property. Searches are not likely to be the root cause of delay in conveyancing in Penge.
Are there restrictive covenants that are commonly picked up during conveyancing in Penge?
Covenants that are restrictive in nature can be picked up when reviewing land registry title as part of the legal transfer of property in Penge. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
I'm remortgaging my current property to a buy to let loan with Leeds Building Society and I will use the ballance of the raised equity towards further property. The neighborhood we are looking at is Penge. Will your conveyancers be able to act for both sets of mortgage companies and tie in the transactions?
Make use of our comparison tool on this page to ensure that the lawyers are approved by both lenders. On the basis that they are your conveyancer should be able to connect the two deals but you should have a chat with you conveyancer and communicate your expectations and requirements.
I need to instruct a conveyancing solicitor for freehold conveyancing in Penge. I have land on a site which seems to have the perfect offering If there is a chance to get all the legals done via email that would be preferable. Do I need to be concerned? What are the potential pitfalls?
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?
Back In 2007, I bought a leasehold house in Penge. Conveyancing and Santander mortgage organised. I have received a letter from someone claiming to own the reversionary interest in the property. Attached was a ground rent demand for rent dating back to 1997. The conveyancing practitioner in Penge who previously acted has now retired. Do I pay?
The first thing you should do is contact the Land Registry to be sure that the individual purporting to own the freehold is indeed the new freeholder. There is no need to incur the fees of a Penge conveyancing solicitor to do this as you can do this on the Land Registry website for less than a fiver. You should note that in any event, even if this is the rightful landlord, under the Limitation Act 1980 no more than 6 years of rent can be collected.
I have attempted and failed to negotiate with my landlord to extend my lease without getting anywhere. Can the Leasehold Valuation Tribunal adjudicate on such issues? Can you recommend a Penge conveyancing firm to represent me?
Absolutely. We are happy to put you in touch with a Penge conveyancing firm who can help.
An example of a Lease Extension matter before the tribunal for a Penge premises is Flats 5, 9, 38 & 40 Blakewood Court Anerley Park in January 2012. the tribunal held that the premiums payable for the new lease sare: FLAT 5:- £7,130 FLAT 9:- £7,860 FLAT 38:- £15,867 FLAT 40: £14,834 This case was in relation to 4 flats.
My in 2008. He has got married, divorced and is now married again. He now wishes to dispose of the Penge property. I suspect that he will simply be need to provide a copy of his marriage certificates to the conveyancing practitioner but he is worried it will frustrate the sale of the flat. Is it worth updating the Land Registry details for the property?
You are not required to update the register as long as you have the evidence required to show how the name change resulted.
Any buyer’s solicitor should check the land registry entries and require evidence to establish the change of name for instance marriage documentation.