Can I use your services to recommend a Conveyancing solicitor in South West London even where I’m not buying or disposing of a house, for example where I wish to buy a shop in South West London with a loan from Nottingham Building Society?
Our search tool is primarily utilised to get a quote from residential conveyancing solicitors in South West London but we have set out towards the end of this page a selection of South West London commercial conveyancing firms. You should speak with the solicitors directly to establish if they can also act for Nottingham Building Society
What is the difference between a licensed conveyancer and conveyancing solicitor in South West London
There are many recorded licenced Conveyancers in South West London and Solicitor firms in South West London to choose from We would stress that the two are regulated professionals specialising in the legal aspects of the home buying process. They may both also deal with other property legal work such as remortgage conveyancing, enfranchisement and transfer of equity conveyancing.
My solicitor has informed me that lack of planning permission insurance is needed on my purchase. What is the typical level of cover needed for conveyancing in South West London?
The appropriate level of lack of planning permission indemnity insurance depends on who your lender is. It would differ for example between National Westminster Bank and Chelsea Building Society. Conveyancing solicitors as opposed to members of the public take out such insurances.
I have decided to exercise my right to buy my property in South West London off the council. I have a mortgage agreed with UBS. Conveyancing is new to me. Can I proceed without a solicitor easily? I think we can but we keep being told I should have one. Any advice?
It is not advisable to proceed with a house purchase without a solicitor. The council's solicitor are not acting for you. You need a solicitor for a number reasons. One of which is to verify what plans the Council have for repairs and refurbishment for the next five years. Many leaseholders have been stung for contributions of thousands of pounds. In any event, if you are getting a mortgage with UBS, you will need to appoint a solicitor on the UBS conveyancing panel.
I have been told that property searches are a common reason for stalling in South West London conveyancing transactions. Is this right?
The Council of Property Search Organisations (CoPSO) published determinations of research by MoveWithUs that conveyancing searches do not figure within the top 10 causes of delays during the legal transfer of property. Local searches are not likely to feature in any delay in conveyancing in South West London.
The estate agent has sent us the confirmation of our purchase of a new build flat in South West London. Conveyancing is daunting at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build legal work.
Set out below is a sample of a selection of leasehold new build questions that you may expect your new-build leasehold conveyancing in South West London
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Please confirm the Lease plans are surveyor prepared. There must be mutual enforceability of lessee’s covenants. Please supply a car parking plan. Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier? Where service of notices and proceedings can be at the property demised please confirm that this can be amended to include simultaneous services at the Lessees’ solicitors’ offices where the Lessee from time to time is not resident in the UK - such solicitors may be varied by notice in writing to the Landlord from time to time but otherwise will be as previously specified.
I am looking for a leasehold apartment up to £305k and identified one round the corner in South West London I like with open areas and transport links nearby, however it only has 52 years unexpired on the lease. I can't really find anything else in South West London for this price, so just wondered if I would be making a mistake buying a lease with such few years left?
If you need a home loan that many years will be a potential deal breaker. Discount the offer by the anticipated lease extension will cost if not already taken into account. If the current owner has owned the premises for a minimum of twenty four months you can request that they commence the lease extension formalities and pass it to you. An additional ninety years can be extended on to the existing lease and have £0 ground rent by law. You should consult your conveyancing lawyer regarding this matter.
Can you provide any advice for leasehold conveyancing in South West London from the point of view of saving time on the sale process?
- A significant proportion of the delay in leasehold conveyancing in South West London can be bypassed where you instruct lawyers the minute your agents start marketing the property and ask them to collate the leasehold documentation which will be required by the buyers’ solicitors. If there is a history of any disputes with your landlord or managing agents it is essential that these are resolved prior to the flat being put on the market. The purchasers and their solicitors will be nervous about purchasing a property where there is an ongoing dispute. You may need to swallow your pride and pay any arrears of service charge or settle the dispute prior to completion of the sale. It is therefore preferable to have any dispute settled ahead of the contract papers being issued to the buyers’ solicitors. You are still duty bound to disclose details of the dispute to the purchasers, but it is better to reveal the dispute as over rather than ongoing. In the event that you altered the property did you need the Landlord’s approval? In particular have you installed wooden flooring? South West London leases often stipulate that internal structural alterations or laying down wooden flooring require a licence from the Landlord consenting to such works. Where you fail to have the consents to hand you should not contact the landlord without checking with your lawyer in advance. The majority of landlords or Management Companies in South West London levy fees for supplying management packs for a leasehold home. You or your lawyers should discover the fee that they propose to charge. The management pack can be applied for as soon as you have a buyer, thus reducing delays. The typical amount of time it takes to obtain the necessary information is three weeks. It is the most frequent cause of delay in leasehold conveyancing in South West London. If you hold a share in a the Management Company, you should ensure that you have the original share certificate. Obtaining a re-issued share certificate is often a time consuming process and frustrates many a South West London conveyancing transaction. If a reissued share is necessary, you should approach the company director and secretary or managing agents (where applicable) for this as soon as possible.
I have attempted and failed to negotiate with my landlord to extend my lease without success. Can the Leasehold Valuation Tribunal adjudicate on such issues? Can you recommend a South West London conveyancing firm to assist?
Most certainly. We can put you in touch with a South West London conveyancing firm who can help.
An example of a Freehold Enfranchisement matter before the tribunal for a South West London flat is 78 & 80 Newport Road in January 2013. the Tribunal concluded that the premium to be paid by the leaseholder in respect of the freehold reversion is £23,105 This case was in relation to 2 flats. The unexpired term was 71.63 years.