When does exchange of contracts happen for sale conveyancing in Riddlesdown and am I required to be at the solicitors office?
Where you are round the corner to our conveyancing solicitors in Riddlesdown you are invited in to sign documents. However, the lender approved solicitors we work with provide a national conveyancing service and provide just as diligent and professional a job for you when dealing with you by post or email. The executing of the sale agreement is not the important part. Signing on the dotted line is necessary for the solicitor to officially exchange when the time is right, which will usually be very shortly after signing. The procedure is is usually a five minute process, although where a long "chain" is in play, since the process requires the relevant party's solicitor (not necessarily a conveyancing solicitor in Riddlesdown)to be in the office available at the end of the phone to exchange contracts.
We are purchasing a terrace house in Riddlesdown. Our aim is to an extension at the rear at the house.Will the conveyancing process involve checks to determine if these alterations are permitted?
Your conveyancer will review the deeds as conveyancing in Riddlesdown will sometimes identify restrictions in the title documents which prohibit certain alterations or necessitated the consent of another owner. Certain additions require local authority planning permissions and approval in compliance with building regulations. Many areas are designated conservation areas and special planning restrictions apply which often prevent or affect extensions. You should check these things with a surveyor before you commit yourself to a purchase.
We previously appointed solicitors located in Riddlesdown on the Barclays solicitor panel. They are now charging me an additional amount for the legal aspects of the Barclays mortgage. Is this an additional conveyancing fee set by Barclays?
Unfortunately, so long as it is in their Terms and Conditions or estimate then yes your property lawyer may charge a fee for this. The fee is not set by Barclays but by your Riddlesdown property lawyer. Some firms on the Barclays panel will levy an ‘acting for lender’ fee and others do not.
I am selling my apartment. I had a double glazing fitted in September 2006, but did not receive a FENSA certificate or Building Regulation Certificate. My buyer's mortgage company, Santander are being pedantic. The Riddlesdown solicitor who is on the Santander conveyancing panel is saying indemnity insurance will be fine but Santander are insisting on a building regulation certificate. Why do Santander have a conveyancing panel if they don't accept advice from them?
It is probably the case that Santander have referred the matter to their valuer. The reason why Santander may not want to accept indemnity insurance is because it does not give them any reassurance that the double glazing was correctly and safely installed. The indemnity insurance merely protects against enforcement action which is very unlikely anyway.
I used Arc property Solicitors several years past for my conveyancing in Riddlesdown. I now require my file however the law firm is no longer operating. What do I do?
Do call the Solicitors Regulatory Authority (SRA) to assist in tracing your conveyancing files. They can be contacted on please contact on 0870 606 2555. Alternatively, you should use their online form to make an enquiry. You will need to provide the SRA with as much information as possible to assist their search, including the name and address in Riddlesdown of the conveyancing firm of solicitors you previously used, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.
I opted to have a survey done on a house in Riddlesdown in advance of instructing conveyancers. I have been told that there is a flying freehold overhang to the house. Our surveyor has said that some lenders may not give a mortgage on such a premises.
It varies from the lender to lender. Bank of Scotland has different instructions for example to Nationwide. Should you wish to call us we can check via the relevant lender. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Riddlesdown. Conveyancing may be slightly more expensive based on your lender's requirements.
Hoping to buy a property located in Riddlesdown and I am already nervous. I couldn't find anything specific about Riddlesdown. Conveyancing will be needed in due course but do you know about the Riddlesdown area? or perhaps some other tips you can share?
Rather than looking online forget looking online you should go and have a look at Riddlesdown. In the meantime here are some basic statistics that we found
Do you have any top tips for leasehold conveyancing in Riddlesdown from the perspective of saving time on the sale process?
- A significant proportion of the delay in leasehold conveyancing in Riddlesdown can be avoided if you instruct lawyers the minute your agents start advertising the property and request that they start to collate the leasehold information needed by the buyers’ conveyancers. The majority of freeholders or Management Companies in Riddlesdown levy fees for providing management packs for a leasehold premises. You or your lawyers should find out the fee that they propose to charge. The management information can be applied for as soon as you have a buyer, thus reducing delays. The average time it takes to obtain the necessary information is three weeks. It is the most common reason for frustration in leasehold conveyancing in Riddlesdown. You believe that you know the number of years remaining on your lease but it would be wise to verify this via your conveyancers. A buyer’s conveyancer will not be happy to advise their client to where the remaining number of years is less than 75 years. It is therefore important at an as soon as possible that you consider whether the lease requires a lease extension. If it does, contact your solicitors before you put your property on the market for sale. If you hold a share in a the freehold, you should make sure that you are holding the original share certificate. Organising a duplicate share certificate can be a lengthy process and frustrates many a Riddlesdown home move. Where a new share is needed, you should approach the company director and secretary or managing agents (where applicable) for this at the earliest opportunity.
I have attempted and failed to negotiate with my landlord to extend my lease without any joy. Can the Leasehold Valuation Tribunal adjudicate on such matters? Can you recommend a Riddlesdown conveyancing firm to help?
if there is a missing freeholder or if there is dispute about the premium for a lease extension, under the relevant legislation you can apply to the Leasehold Valuation Tribunal to assess the price.
An example of a Freehold Enfranchisement decision for a Riddlesdown premises is The Woodlands 95 Purley Park Road in April 2009. The Tribunals own valuation produced the figure of £37,912. This case was in relation to 6 flats. The unexpired term was 78.32 years.