I require fast conveyancing in Rotherhithe as I have an ultimatum to complete within 4 weeks. Thankfully I do not require a mortgage. Can I decline from having conveyancing searches to save money and time?
As you are not obtaining a mortgage you have the choice not to have searches conducted although no solicitor would recommend that you don't. With lots of history conveyancing in Rotherhithe the following are examples of what can show up and adversely affect the marketability of the property: Refused Planning Applications, Outstanding Fees, Outstanding Grants, Railway Schemes,...
I have a semi-detached Victorian property in Rotherhithe. Conveyancing lawyer acted for me and Nationwide Building Society. I did a free Land Registry search last week and there are two entries: the first freehold, another for leasehold under the matching property. I'd like to know for sure, how can I find out??
You should read the Freehold register you have again and check the Charges Register for mention of a lease. The best way to be sure that you are also the registered proprietor of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Rotherhithe and other areas of the country and poses no real issues for owners other than when they buy they have to account for both freehold and leasehold interests when dealing with buyers. You can also question the position with your conveyancing lawyer who conducted the purchase.
I've recently found out that there is a flying freehold element on a property I put an offer in last month in what should have been a quick, chain free conveyancing. Rotherhithe is where the house is located. Is there any guidance you can give?
Flying freeholds in Rotherhithe are unusual but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Rotherhithe you must be sure that your lawyer goes through the deeds very carefully. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Rotherhithe may determine 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.
Should I be concerned about brokers that I am dealing with are suggesting an internet conveyancing firm rather than a local Rotherhithe conveyancing practice?
As is the case with lots of service providers, often input from family and friends can be worth their weight in gold. Nevertheless there are numerous parties with a vested interest in a conveyancing matter; estate agents, mortgage brokers and banks may recommend lawyers to use. Sometimes the conveyancers might be known to one of the organisations as being good in their field, but sometimes there behind the scenes commercial relationship behind the endorsement. You have the right to appoint your preferred lawyer. Don't forget that the majority of mortgage providers specify a panel list of conveyancers you have to use for the lender aspect of your transaction.
Am I best advised to appoint a Rotherhithe conveyancing solicitor based in the area that I am hoping to buy? I have an old university friend who can execute the legal work but her office is 300miles away.
The primary upside of using a high street Rotherhithe conveyancing practice is that you can pop in to sign documents, present your identification documents and apply pressure on them where appropriate. Having local Rotherhithe know how is a plus. However it's more important to get someone that will pull out all the stops for you. If if people you trust used your friend and in the main were content that should trump using an unfamiliar Rotherhithe conveyancing solicitor just because they are round the corner.
I've recently bought a leasehold house in Rotherhithe. Do I have any liability for service charges relating to a period prior to my ownership?
Where the service charge has already been demanded from the previous lessee and they have not paid you would not usually be personally liable for the arrears. However, your landlord may still be able to take action to forfeit the lease. It is an essential part of leasehold conveyancing for your conveyancer to ensure to have an up to date clear service charge receipt before completion of your purchase. If you have a mortgage this is likely to be a requirement of your lender.
If you purchase part way through an accounting year you may be liable for charges not yet demanded even if they relate to a period prior to your purchase. In such circumstances your conveyancer would normally arrange for the seller to set aside some money to cover their part of the period (usually called a service charge retention).
After years of dialogue we cannot agree with our landlord on how much the lease extension should cost for our flat in Rotherhithe. Does the Leasehold Valuation Tribunal have jurisdiction to calculate the appropriate figures?
Absolutely. We are happy to put you in touch with a Rotherhithe conveyancing firm who can help.
An example of a Freehold Enfranchisement case for a Rotherhithe flat is 12, 14 & 16 Hull Close in May 2010. the Tribunal determined that the premium payable for the acquisition of the freehold to the subject premises was the sum of £18,300 This case was in relation to 3 flats. The unexpired term was 101.61 years.