Can your site be used to recommend a Conveyancing solicitor in Selsdon even where I’m not purchasing or disposing of a house, for example if I intend to buy an office in Selsdon with a mortgage from Yorkshire Building Society?
The service is primarily used to locate residential conveyancing solicitors in Selsdon but we have set out at the bottom of this page a selection of Selsdon commercial conveyancing firms. You will need to enquire with the company directly to check if they are also authorised to represent Yorkshire Building Society
My wife and I are purchasing a property in Selsdon. I might seem paranoid but how we can trust a lawyer? On completion day we will need to put our life savings into their account. What is the protection we have from them run away with our monies?
Be assured that all money in a Solicitors client account is 100% safe, and even if your Solicitor ran off with it, the Law Society would reimburse you fully.
My bid for a property was accepted at auction in Selsdon. Conveyancing is required. What happens now?
Given that you are now legally bound yourself to purchase you must instruct a conveyancing lawyer quickly as you now have a fast approaching deadline in which to complete the property. All auction property will have a corresponding legal pack. This should include the copy title deeds, local authority and drainage searches. If you have purchased leasehold property the auction papers may provide a copy of the lease, management information and a sellers leasehold information form and other conveyancing documentation relating to a leasehold property. You need to pass this on to the solicitor instructed by you as soon as possible. You also need to ensure that you have funds in place to complete the transaction on the set completion date.
I have paid off my mortgage with UBS. I assume I don't need a Selsdon conveyancing practitioner on the UBS panel to discharge the mortgage at the Land Registry. Please confirm.
If you have finished paying off your UBS mortgage, they may send you evidence showing that you have paid it off. Alternatively they may notify the Land Registry directly. The Land Registry need to see this evidence before they will remove the UBS mortgage from the register. UBS, and any evidence they send you, will determine the action you need to take. In cases where no conveyancer is acting for you and you have paid off your mortgage:
- but are not moving to another property
- where UBS has sent the Land Registry the discharge electronically, and
- UBS has instructed the Land Registry to do so
I require quick conveyancing in Selsdon as I am under a deadline to complete inside one month. A home loan is not required. Is it possible to decline from having conveyancing searches to save money and time?
As you are are a mortgage free purchaser you have the choice not to do searches although no lawyer would recommend that you don't. With lots of history conveyancing in Selsdon the following are instances of what can crop up and therefore impact market value: Enforcement Actions, Outstanding Fees, Outstanding Grants, Road Schemes,...
Due to the encouragement of my in-laws I had a survey completed on a house in Selsdon prior to instructing conveyancers. I have been advised that there is a flying freehold aspect to the house. My surveyor advised that some mortgage companies will refuse to issue a mortgage on such a property.
It depends who your proposed lender is. HSBC has different instructions for example to Halifax. If you call us we can look into this further via the appropriate lender. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Selsdon. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Selsdon to see if the conveyancing costs will increase in light of this.
I work for a busy estate agency in Selsdon where we have experienced a few flat sales jeopardised as a result of leases having less than 80 years remaining. I have been given inconsistent advice from local Selsdon conveyancing solicitors. Can you clarify whether the vendor of a flat can commence the lease extension process for the buyer?
As long as the seller has been the owner for at least 2 years it is possible, to serve a Section 42 notice to commence the lease extension process and assign the benefit of the notice to the purchaser. This means that the proposed purchaser need not have to wait 2 years for a lease extension. Both sets of lawyers will agree to form of assignment. The assignment has to be done before, or simultaneously with completion of the sale.
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 am the registered owner of a first floor flat in Selsdon. In the absence of agreement between myself and the freeholder, can the Leasehold valuation Tribunal determine the amount payable for a lease extension?
in cases where there is a missing freeholder or if there is dispute about what the lease extension should cost, under the relevant legislation you can apply to the Leasehold Valuation Tribunal to make a decision on the premium.
An example of a Freehold Enfranchisement matter before the tribunal for a Selsdon 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.
I happen to be an executor of my recently deceased mother’s Will, with a house in Selsdon which is to be sold. The house has never been registered at the Land Registry and I'm told that many estate agents will insist that it is completed before they'll proceed. What's the procedure for this?
In the circumstances you refer to it seems advisable to apply to register in the names of the personal representative(s) as named in the probate and in their capacity as PRs. HMLR’s online guidance explains how to register for the first time and what is required re the deeds and forms. You would need to include and official copy of the probate as well and complete the form FR1 to refer to the PRs as the applicant.