Having been suggested to visit your company we were going to use a conveyancing solicitor in South London recommended on your site but have come across some other costs illustrations on the internet seem less pricey – how come?
There are plenty of solicitors offering theoretically looks to be cut price. You should think long and hard as to how important this transaction is to you that you are willing to take 'cheap' risks concerning the standard of the conveyancing. Some embed fees well inside the terms and conditions. The solicitors that we put forward for conveyancing in South London will notbehave this way.
Can the conveyancing solicitors listed on your site execute attended exchange conveyancing in South London?
There are a few conveyancing specialists who can conduct one day exchanges. Do call us to secure a fee calculation and details as to dates.
Just had an offer accepted on a new build flat in South London. Conveyancing is a frightening process at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build conveyancing.
Here are examples of a few leasehold new build enquiries that you should expect your new-build leasehold conveyancing in South London
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The Vendor must covenant to keep unsold units in good repair until long leases are granted therefore. The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme. Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose? Where there is an Undertaking being granted there is the risk of forfeiture of the Headlease subject to relief if one or more of the Underlessees are willing to accept the original Head Lessee’s obligations as otherwise relief will be denied to the Underlessees. The only alternatives are the Head Lessor agreeing not to forfeit the Headlease or the Head Lessee guaranteeing to the Underlessees that it will not be in breach of the Headlease. There must be mutual enforceability of lessee’s covenants.
Given that I am about to spend over three hundred thousand on a two bedroom apartment in South London I would like to talk to a solicitor regarding thetransaction prior to instructing the firm. Is this something that you can arrange?
Absolutely - it is our preference to talk to you we do not take any clients on without you speaking to the conveyancer due to be carrying out your property ownership legalities in South London.There is no ‘factory style conveyancing’ - each client is an important individual, not a matter reference. The law firms that we put you in touch with believe that the fees you are provided with for your conveyancing in South London should be the amount on the final invoice that you are charged.
Do you have any top tips for leasehold conveyancing in South London with the aim of expediting the sale process?
- Much of the frustration in leasehold conveyancing in South London can be avoided where you appoint lawyers the minute you market your property and ask them to put together the leasehold information needed by the purchasers’ lawyers. You believe that you know the number of years remaining on your lease but it would be wise to double-check via your lawyers. A buyer’s lawyer will be unlikely to recommend their client to where the lease term is below 80 years. In the circumstances it is important at an as soon as possible that you consider whether the lease term for your property needs extending. If it does, contact your solicitors before you put your premises on the market for sale. If there is a history of any disputes with your freeholder or managing agents it is very important that these are resolved before the property is put on the market. The purchasers and their solicitors will be reluctant to purchase a property where there is a current dispute. You may have to bite the bullet and discharge any arrears of service charge or resolve the dispute prior to the buyers completing the purchase. It is therefore preferable to have any dispute settled prior to the contract papers being issued to the buyers’ solicitors. You will still have to reveal details of the dispute to the buyers, but it is better to reveal the dispute as over as opposed to unsettled. If you have the benefit of shareholding in the Management Company, you should ensure that you hold the original share certificate. Arranging a re-issued share certificate is often a lengthy process and frustrates many a South London conveyancing deal. If a reissued share is necessary, you should approach the company director and secretary or managing agents (if relevant) for this as soon as possible.
I have tried to negotiate informally with with my landlord to extend my lease without getting anywhere. Can one apply to the Leasehold Valuation Tribunal? Can you recommend a South London conveyancing firm to assist?
You certainly can. We are happy to put you in touch with a South London conveyancing firm who can help.
An example of a Lease Extension decision for a South London residence is Flat B 10 Grove Avenue in October 2013. Following a vesting order Clerkenwell and Shoreditch County Court 3rd July 2013 The tribunal determines that the premium payable for the lease extension was £36,215.00 This case related to 1 flat. The unexpired lease term was 65.21 years.
There are numerous properties in South London on private roads. I am acquiring one such property. What are the advantages and disadvantages of purchasing a residence on a privately owned road?
South London conveyancing solicitors will be well versed in dealing houseson private. The solicitor should review the title to find any rights or responsibilities. In many cases there is a management company (wholly owned by residents) that residents pay into for the upkeep of the road. If there is one, the road will likely be maintained and look nicer than council owned.