I have given 8 weeks notice to my current landlord and must vacate my let out property in South Norwood by 7/7/2025. Conveyancing on my purchase is progressing. Is it possible to complete in three weeks as I wish to avoid having to find temporary accommodation?
Generally one should not provide notice on a rental unless your lawyer suggests that you should. If you have not previously done so, notify to your lawyer and urge them to they apply pressure on the other lawyers, try to get a realistic time scale from them that everyone will aim towards
A friend suggested that where I am buying in South Norwood I should carry out a Neighbourhood, Planning and Local Amenity Search. Can you explain what the purpose of this search is?
A search of this type is usually included in the estimate for your South Norwood conveyancing searches. It is a large report of more than thirty pages, listing and detailing important information about South Norwood around the property and the people living there. It incorporates an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the local Housing Market, Council Tax Banding, the demographics of People living in the area, the dominant type of Housing, the Average House Prices, Crime details, Local Education with maps and statistics, Local Amenities and other useful data concerning South Norwood.
I am looking for a leasehold apartment up to £305k and identified one close by in South Norwood I like with open areas and railway links in the vicinity, however it's only got 51 years unexpired on the lease. There is not much else in South Norwood in this price bracket, so just wondered if I would be making a mistake acquiring a lease with such few years left?
Should you require a home loan the shortness of the lease may be problematic. Reduce the price by the amount the lease extension will cost if not already taken into account. If the current owner has owned the property for a minimum of twenty four months you could ask them to start the process of the extension and then assign it to you. An additional ninety years can be extended on to the existing lease and have £0 ground rent by law. You should speak to your conveyancing lawyer concerning this matter.
Am I better off to appoint a South Norwood conveyancing solicitor in close proximity to the house I am buying? An old friend can handle the legal formalities but her office is 400kilometers away.
The primary upside of using a high street South Norwood conveyancing practice is that you can attend the office to execute documents, deliver your ID and apply pressure on them if necessary. Having local South Norwood know how is a benefit. That being said nothing is more important than finding someone that will pull out all the stops for you. If you know people who used your friend and on the whole were impressed that must surpass using an unknown South Norwood conveyancing lawyer just because they are South Norwood based.
All being well we will complete our sale of a £425,000 garden flat in South Norwood next Tuesday. The freeholder has quoted £408 for Landlord’s certificate, building insurance schedule and previous years statements of service charge. Is it legal for a freeholder to charge exorbitant fees for a flat conveyance in South Norwood?
For most leasehold sales in South Norwood conveyancing will involve, queries regarding the management of a building inevitably needing to be answered directly by the freeholder or its agent, this includes :
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Addressing pre-exchange enquiries
Where consent is required before sale in South Norwood
Supplying insurance information
Deeds of covenant upon sale
Registering of the assignment of the change of lessee after a sale
I own a ground flat in South Norwood. Given that I can not reach agreement with the landlord, can the Leasehold valuation Tribunal make a decision on the premium payable for the purchase of the freehold?
Most definitely. We are happy to put you in touch with a South Norwood conveyancing firm who can help.
An example of a Lease Extension case for a South Norwood residence is Flats 55, 67 & 70 Melbourne Court Anerley Road in July 2013. The tribunal calculated that the premium for the extended lease at £48,366.00 for at 55, and £88,329.00 for ats 67 and 70 combined. This case affected 1 flat. The unexpired residue of the current lease was 26.38 years.
We have just found out that one of the directors of the law firm undertaking the purchase conveyancing in South Norwood is an aunty of the seller. Is this allowed?
Provided there is no conflict of interest this should be fine. Where you are obtaining mortgage finance then the lender may have a say as many banks have specific instructions on this. For example for Royal Bank of Scotland as of 8/5/2025, the requirements read as follows :