I have been told that property searches are the primary cause of delay in Tooting Bec house deals. Is this right?
The Council of Property Search Organisations (CoPSO) has noted the findings of research by MoveWithUs that conveyancing searches do not figure amongst the most frequent causes of delays in the conveyancing process. Local searches are unlikely to feature in any slowing down conveyancing in Tooting Bec.
Me and my brother have a 4 bedroom Victorian house in Tooting Bec. Conveyancing lawyer acted for me and Santander. I did a free Land Registry search last week and there are a couple of entries: the first freehold, another for leasehold under the exact same property. I'd like to know for sure, how can I find out??
You need to read the Freehold register you have again and check the Charges Register as there may be mention of a lease. The best way to be sure that you are also the registered owner of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Tooting Bec and other areas of the country and poses no real issues for owners other than when they sell they have to account for both freehold and leasehold interests when dealing with buyers. You can also check the situation with your conveyancing solicitor who carried out the work.
Due to the guidance of my in-laws I had a survey completed on a house in Tooting Bec ahead of instructing lawyers. I have been advised that there is a flying freehold overhang to the property. My surveyor advised that some lenders will not give a loan on a flying freehold home.
It varies from the lender to lender. HSBC has different requirements for example to Halifax. If you call us we can look into this further via the appropriate mortgage company. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Tooting Bec. Conveyancing will be smoother if you use a solicitor in Tooting Bec especially if they are acquainted with such properties in Tooting Bec.
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At this site get a conveyancing quote via a Solicitor or Licensed Conveyancer that has a full understanding of the nuances of your conveyancing in Tooting Bec. As opposed to estate agents and brokerage sites we do not charge firms a commission if you instruct them for your home move in Tooting Bec
Should I instruct a Tooting Bec conveyancing practitioner who is local to the property I am purchasing? An old friend can handle the legal formalities however her office is 300miles away.
The benefit of a high street Tooting Bec conveyancing practice is that you can pop in to sign paperwork, present your ID and pester them if necessary. Having local Tooting Bec know how is a benefit. However it's more important to get someone that will pull out all the stops for you. If other friends have used your friend and in the main were impressed that should surpass using an unfamiliar Tooting Bec conveyancing lawyer solely due to them being round the corner.
Back In 2005, I bought a leasehold house in Tooting Bec. Conveyancing and Barnsley Building Society mortgage are in place. I have received a letter from someone saying they have taken over the freehold. It included a demand for arrears of ground rent dating back to 1992. The conveyancing practitioner in Tooting Bec who acted for me is not around. Do I pay?
The first thing you should do is contact the Land Registry to be sure that the individual purporting to own the freehold is in fact the new freeholder. It is not necessary to instruct a Tooting Bec conveyancing lawyer to do this as it can be done on-line for less than a fiver. Rest assured that regardless, even if this is the legitimate freeholder, under the Limitation Act 1980 no more than 6 years of rent can be collected.
I own a two-bedroom flat in Tooting Bec. In the absence of agreement between myself and the landlord, can the Leasehold valuation Tribunal make a decision on the amount payable for the purchase of the freehold?
if there is a missing landlord or if there is disagreement about the premium for a lease extension, under the Leasehold Reform, Housing and Urban Development Act 1993 you can apply to the First-tier Tribunal (Property Chamber) to judgment on the amount due.
An example of a Lease Extension case for a Tooting Bec flat is 14 Nutwell Street in January 2014. The premium payable for the acquisition of a new lease of the subject premises was in the sum of £30,523 This case was in relation to 1 flat. The unexpired lease term was 62.94 years.