Can conveyancing in Thames View to be finalised inside 28 days?
First, If you are under a tight deadline for your conveyancing it is highly recommended that your solicitor is familiar with the location as they will make use of local connections and insight. It is even conceivable that they would have conducted previousproperties in the same street. You would be best advised to use a Thames View conveyancing firm. In addition, check that the lawyer is on the lender panel. It is believed that 18% of Thames View conveyancing deals are frustrated or jeopardised after finding out that a buyer’s solicitor was not on their mortgage lender’s member panel. This can often result in the home move being frustrated by an average of 21 days. It is estimated that this issue affects in the region of 100,000 home sales annually. Most Thames View conveyancing firms can not represent certain mortgage companies so do check as early as possible.
I have been referred to a conveyancing solicitor in Thames View. I I would like to check whether they are on the National Westminster Bank approved list of lawyers. Can you advise?
You should phone the conveyancer and enquire whether they are on the lender panel. Alternatively please get in touch with National Westminster Bank who may be able to help.
My wife and I are planning on selling our property in Thames View and the buyers lawyers are claiming that there is a possibility that the property was built land that was not decontaminated. Any local lawyer would know this is not the case. For the life of me I don't know why the buyers used an online conveyancing firm rather than a conveyancing solicitor in Thames View. Having lived in Thames View for 4 years we know of no issue. Should we contact our local Authority to get clarification need.
It sounds as though you may have a conveyancing solicitor currently acting for you. What do they say? You must enquire of your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out health insurance to cover that same ailment)
The estate agent has sent us the confirmation of our purchase of a new build flat in Thames View. Conveyancing is necessary evil 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.
Set out below are examples of a few leasehold new build enquiries that you may expect your new-build leasehold conveyancing in Thames View
-
There must be mutual enforceability of lessee’s covenants. Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose? Please supply evidence that the form of Lease proposed has been approved by the Land Registry. Please supply a car parking plan. 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.
Am I right to be suspicious by brokers that I am dealing with are suggesting an online conveyancing firm rather than a High Street Thames View conveyancing firm?
As is the case with many professional services, often input from relatives can be extremely useful or valuable. Yet there are numerous players in a conveyancing matter; estate agents, financial adviser and banks may suggest lawyers to use. On occasion the solicitors might be known to one of the organisations as one of the best in their field, but sometimes there may be a financial incentive behind the endorsement. You are free to appoint your own conveyancer. Don't forget that some lenders specify a panel list of solicitors you have to use for the lender related work in your home move.
I am employed by a reputable estate agency in Thames View where we see a number of flat sales put at risk due to short leases. I have been given conflicting advice from local Thames View conveyancing solicitors. Can you confirm whether the seller of a flat can commence the lease extension process for the buyer?
As long as the seller has been the owner 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 need not have to wait 2 years to extend their lease. 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 agree the lease extension with the freeholder 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 am the leaseholder of a two-bedroom flat in Thames View. In the absence of agreement between myself and the landlord, can the Leasehold valuation Tribunal determine the sum payable for a lease extension?
Most certainly. We are happy to put you in touch with a Thames View conveyancing firm who can help.
An example of a Lease Extension case for a Thames View residence is 49 Aldborough Road South in July 2012. The Tribunal decided that the premium payable for the grant of the new lease was £13,925 This case affected 1 flat. The unexpired lease term was 61.36 years.