I am assisting my step-mother sell her property in Shooter's Hill. Will the conveyancer arrange the EPC or it is for the seller to see to?
Following the abolition of HIPs, energy performance certificates was retained a compulsory component of selling a property. An EPC should be commissioned prior to the property being marketed. This is not something that law firms ordinarily arrange. If you are instructing a Shooter's Hill conveyancing practitioner they might be willing to arrange energy performance certificates given their contacts with long established Shooter's Hill energy assessors
A friend informed me that in buying a property in Shooter's Hill there may be a number of restrictions as to what one can do in terms of external alterations to a property. Is this right?
We are aware of a number of properties in Shooter's Hill which have some sort of restriction or requirement of consent to carry out external variations. Part of the conveyancing in Shooter's Hill should determine what restrictions are applicable and advising you as part of a ROT that should be sent to you.
We are purchasing a 3 bedroom semi in Shooter's Hill. We would like to convert the garage to a playroom at the property.Will legal work on the property involve enquiries to ascertain if these works are prohibited?
Your conveyancer should check the registered title as conveyancing in Shooter's Hill can occasionally reveal restrictions in the title deeds which prevent categories of changes or require the consent of another owner. Certain extensions need local authority planning consent and approval under the building regulations. Many areas are designated conservation areas and special planning restrictions apply which frequently prevent or affect extensions. You should check these issues with a surveyor before you commit yourself to a purchase.
I appreciate that there are debates on Chancel Insurance on online forums. Do I require this when acquiring a property in Shooter's Hill? or I am told that there is a law dating back centuries that means some owners of property living in a parish church boundary will be compelled to contribute towards maintenance towards the chancel within the church. Is this applicable for conveyancing in Shooter's Hill?
Unless a previous purchase of the premises took place after 12 October 2013 you can assume that conveyancing practitioners handling conveyancing in Shooter's Hill to continue to advocate a chancel search and or chancel repair liability insurance.
I am purchasing my first flat in Shooter's Hill benefiting from help to buy. The builders refused to reduce the amount so I negotiated 6k of additionals instead. The sale representative advised me not disclose to my conveyancer about the extras as it may impact my mortgage with the lender. Should I keep quiet?.
All lenders require a Disclosure of Incentives Form from the builder of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.
Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.
Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.
I have been recommended by a number of property agents in Shooter's Hill to get a quote from a property lawyer using your seach tool. Is there a financial incentive for Estate Agents to offer your lawyers ahead of a competitor’s?
We don’t give any commission for pointing buyers and sellers in our direction. We thought it would be too underhand a fee as home movers will think, ‘How come the agent getting a kickback? Why am I not receiving any benefit too?’ So we decided to step away from that.
My brother has suggested that I appoint his lawyers for conveyancing in Shooter's Hill. Should I choose my own property lawyer?
There are no two ways about it the best way to select a conveyancing practitioner is to seek feedback from friends or relatives who have previously instructed the firm that you are are thinking of instructing.
I am a negotiator for a busy estate agency in Shooter's Hill where we see a number of flat sales put at risk as a result of leases having less than 80 years remaining. I have been given contradictory information from local Shooter's Hill conveyancing solicitors. Can you clarify whether the seller of a flat can start the lease extension formalities for the buyer?
Provided that the seller has owned the lease 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 buyer can avoid having 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 at the same time as 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 have given up trying to reach an agreement for a lease extension in Shooter's Hill. Can this matter be resolved via the Leasehold Valuation Tribunal?
Where there is a missing landlord or where there is dispute 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 arrive at the price.
An example of a Lease Extension case for a Shooter's Hill property 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.