My partner’s mother is a solicitor. I suspect that I'll be able to get mate’s fee for conveyancing, but if not, what kind of costs would I typically be looking at for conveyancing in Plumstead?
It’s advisable to request two or three conveyancing quotes. Make use of our search tool on this site. You will notice that amounts seem to vary but service levels do differ between law firms as is the case with most professions.
Would the conveyancing lawyers that are recommend conduct auction conveyancing in Plumstead?
We know of a number of auction lawyers we can connect you with those conducting auction conveyancing. Plumstead is just one of our locations where our lawyers have offices.
Can you explain why leasehold purchase conveyancing in Plumstead is more expensive?
Plumstead leasehold properties involve far more paperwork than a freehold purchase, and therefore takes more time to examine and advise upon.Conveyancing will involve the lease having to be checked which is usually a lengthy document, queries raised to ensure that the covenants and conditions have been observed. If it is a flat there will be a management company in existence and the accounts of this will need to be checked and enquiries raised to ensure it is operating efficiently and that all monies due have been paid by the Seller to the company and if not ensuring that money is paid up to date or the appropriate undertakings obtained.
Yesterday I discovered that there is a flying freehold element on a house I have offered on a fortnight ago in what was supposed to be a simple, no chain conveyancing. Plumstead is where the house is located. What do you suggest?
Flying freeholds in Plumstead are unusual but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Plumstead you would need to get your solicitor to go through the deeds diligently. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Plumstead 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 residence.
I am thinking of appointing a conveyancing practitioner in Plumstead for my house move. Can I see a firm’s record with the legal regulator?
Anyone can find documented Solicitor Regulator Association (SRA) determinations arising from investigations from 2008 onwards. Go to Check a solicitor's record. For details about the period before 1 January 2008, or to check a firm's history, call 0870 606 2555, 08.00 - 18.00 Monday, Wednesday, Thursday, Friday and 09.30 - 18.00 Tuesday. For non-uk callers, call +44 (0)121 329 6800. The SRA may recorded call for training reasons.
I work for a reputable estate agent office in Plumstead where we have experienced a number of leasehold sales put at risk as a result of short leases. I have received conflicting advice from local Plumstead conveyancing firms. Can you shed some light as to whether the vendor of a flat can commence the lease extension formalities for the buyer?
Provided that the seller has owned the lease for at least 2 years it is possible, to serve a Section 42 notice to kick-start the lease extension process and assign the benefit of the notice to the purchaser. This means that the buyer need not have to wait 2 years to extend their lease. Both sets of lawyers will agree to form of assignment. The assignment has to be done prior to, or simultaneously with completion of the disposal of the property.
Alternatively, it may be possible 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 inherited a ground flat in Plumstead. In the absence of agreement between myself and the landlord, can the Leasehold valuation Tribunal make a decision on the sum payable for the purchase of the freehold?
Most definitely. We can put you in touch with a Plumstead conveyancing firm who can help.
An example of a Lease Extension case for a Plumstead residence 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.