AssumingI was to purchase a simple residential propertyin Shooter's Hill for cash and dispense with a survey and no conveyancing searches how much would I expect to have to pay for conveyancing in Shooter's Hill?
The only reduction in fees you would achieve is the Shooter's Hill conveyancing searches. A property lawyer still got to do everything else - money laundering, liaising with your sellers conveyancer, stamp duty submission, register the ownership etc. You might save a bit for them not needing to register a mortgage however it will not be meaningful.
My brother-in-law has suggested I instruct a conveyancing solicitor in Shooter's Hill. I I am struggling to find out if they are accepted on the Britannia approved list of lawyers. Can you help?
The first thing to do is e-mail the solicitor and enquire whether they can act for the lender. Otherwise please call Britannia who may be able to assist.
How does conveyancing in Shooter's Hill differ for newly converted properties?
Most buyers of new build property in Shooter's Hill approach us having been asked by the seller to sign contracts and commit to the purchase even before the property is constructed. This is because new home sellers in Shooter's Hill typically purchase the real estate, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct property lawyers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are accustomed to new build conveyancing in Shooter's Hill or who has acted in the same development.
I am looking for a leasehold apartment up to £235,500 and found one near me in Shooter's Hill I like with a park and station in the vicinity, the downside is that it only has 52 years unexpired on the lease. There is not much else in Shooter's Hill in this price bracket, so just wondered if I would be making a mistake acquiring a short lease?
If you need a mortgage that many years may be a potential deal breaker. Reduce the offer by the amount the lease extension will cost if not already taken into account. If the existing proprietor has owned the property for at least 2 years you may ask them to commence the lease extension formalities and pass it to you. An additional ninety years can be extended on to the current lease with a zero ground rent applied. You should speak to your conveyancing lawyer regarding this matter.
Hoping to buy a property located in Shooter's Hill and I am already nervous. I couldn't find anything specific about Shooter's Hill. Conveyancing will be needed in due course but do you know about the Shooter's Hill area? or perhaps some other tips you can share?
Rather than looking online forget looking online you should go and have a look at Shooter's Hill. In the meantime here are some basic statistics that we found
I have just started marketing my 2 bed apartment in Shooter's Hill. Conveyancing solicitors are to be appointed soon, but I have just received a half-yearly service charge demand – Do I pay up?
The sensible thing to do is pay the maintenance contribution as you normally would as all ground rent and maintenance invoices should be allotted on completion, so you should recover the relevant percentage by the buyer for the period running from after the completion date to the subsequent invoice date. Most managing agents will not acknowledge the buyer unless 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 first flat in Shooter's Hill. In the absence of agreement between myself and the freeholder, can the Leasehold valuation Tribunal determine the premium payable for the purchase of the freehold?
Most definitely. We are happy to put you in touch with a Shooter's Hill conveyancing firm who can help.
An example of a Lease Extension matter before the tribunal for a Shooter's Hill premises 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.