I am acquiring a new build flat in Selsdon and my lawyer is informing me that she is duty bound to the mortgage company to disclose incentives from the developer. I am nearing the developer’s deadline to sign contracts and I have no desire to delay the conveyancing. is my lawyer playing by the book?
You should not exchange unless you have been advised to do so by your lawyer. A precondition to being on a mortgage company panel is to comply with the UK Finance Lenders’ Handbook conditions. The CML Conveyancing Handbook requires that your lawyer have the appropriate Disclosure of Incentive form completed by the developer and accepted by your lender.
I am planning on selling our house in Selsdon and the buyers lawyers are claiming that there is a possibility that the property was built land that was not decontaminated. Any local lawyer would know that there is no such problem. For the life of me I don't know why the buyers are using a web based conveyancing firm as opposed to a conveyancing solicitor in Selsdon. We have lived in Selsdon for six years we know that this is a non issue. Should we get in touch with our local Authority to seek clarification need.
It sounds as though you may have a conveyancing lawyer already. Are they able to advise? You must enquire of your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out life insurance to cover that same ailment)
I purchased my house on 3 January and the transaction details are still not registered. Need I be worried? My conveyancing solicitor in Selsdon expressed confidence that it would be concluded in less than a month. Are properties in Selsdon uniquely lengthy to register?
As far as conveyancing in Selsdon registration is no faster or slower than the rest of England and Wales. Rather than based on location, timeframes can differ depending on the party submitting the application, whether there are errors and whether the Land registry have to notify any interested parties. As of today approximately 80% of submission are fully addressed in less than three weeks but occasionally there can be protracted delays. Historically registration takes place after the purchaser has moved in to the property therefore registration formalities is not usually top priority yet if it is urgent that the the registration takes place urgently then you or your conveyancer could speak with the land registry and explain the circumstances.
Yesterday I discovered that there is a flying freehold element on a property I put an offer in two weeks back in what should have been a quick, chain free conveyancing. Selsdon is where the house is located. Can you offer any advice?
Flying freeholds in Selsdon are not the norm but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Selsdon you must be sure that your lawyer goes through the deeds very carefully. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Selsdon 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 property.
As co-executor for the estate of my grandmother I am disposing of a property in Monmouth but reside in Selsdon. My conveyancer (based 260 miles awayrequires that I sign a stat dec prior to completion. Can you recommend a conveyancing solicitor in Selsdon to attest this legal document for me?
Technically speaking you are not likely to be required to have the documents attested by a conveyancing solicitor. Ordinarily any notary public or qualified solicitor will do regardless of whether they are Selsdon based
I have just appointed agents to market my basement flat in Selsdon. Conveyancing lawyers have not yet been instructed, however I have recently received a half-yearly maintenance charge demand – should I leave it to the buyer to sort out?
It best that you pay the maintenance contribution as you normally would as all ground rent and service charges should be allotted on completion, so you should recover the relevant percentage by the purchaser for the period running from after the completion date to the subsequent invoice date. Most managing agents will not acknowledge the buyer until the service charges have been paid and are up to date, so it is important for both buyer and seller for the seller to show that they are up to date. Having a clear account will assist your cause and will leave you no worse off financially.
I inherited a second floor flat in Selsdon. Given that I can not reach agreement with the landlord, can the Leasehold valuation Tribunal determine the sum due for a lease extension?
Where there is a absentee freeholder or where there is disagreement about what the lease extension should cost, under the Leasehold Reform, Housing and Urban Development Act 1993 it is possible to make an application to the LVT to judgment on the premium.
An example of a Freehold Enfranchisement matter before the tribunal for a Selsdon property is The Woodlands 95 Purley Park Road in April 2009. The Tribunals own valuation produced the figure of £37,912. This case related to 6 flats. The unexpired residue of the current lease was 78.32 years.