I was referred a conveyancer who has quoted £1700 for freehold conveyancing in West Dulwich. I’m selling a Edwardian property for £150,000. This seems expensive. Is it in excess of what I should be paying for conveyancing in West Dulwich?
The costs illustration is slightly on the expensive side. Where you are willing to invest time contrasting prices you may be able to trim some of the expense by as much as £100 plus VAT. That being said, you couldlive to regret opting for an a cheaper lawyer. If is important to ensure the solicitor can represent your mortgage company. Do make use of our search tool to choose a West Dulwich conveyancing firm on the banks member panel which can often include conveyancing solicitors in West Dulwich.
We are purchasing our first property. Our conveyancer has texted usto see if we want to take out extra conveyancing searches. We are really unsure what's appropriate for conveyancing in West Dulwich
The type of West Dulwich conveyancing searches should be dictated primarily on the property, the location, the probability of any of these risks, your familiarity of the area and risks, your overall approach to risk. What is important is that you properly appreciate what information the searches could supply. Then you can make a decision if you consider that you need that information. If in doubt, ask the solicitor to recommend.
My colleague advised me that where I am buying in West Dulwich 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 West Dulwich conveyancing searches. It is not a small document of about 40 pages, listing and setting out important information about West Dulwich around the property and the people living there. It includes an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the West Dulwich Housing Market, Council Tax Banding, the demographics of People living in the area, the dominant type of Housing, the Average Property Price, Crime statistics, West Dulwich Education with maps and statistics, Local Amenities and other useful information about West Dulwich.
Just had an offer accepted on a new build flat in West Dulwich. 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 questions that you can expect your new-build leasehold conveyancing in West Dulwich
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Please confirm the Lease plans are surveyor prepared. 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. If there are lifts in the building, please confirm that the owners of flats on the ground and basement floors will not be required to contribute towards the cost of maintenance and renewal. Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose? 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've recently found out that there is a flying freehold element on a house I have offered on a fortnight ago in what should have been a simple, no chain conveyancing. West Dulwich is the location of the property. Can you shed any light on this issue?
Flying freeholds in West Dulwich are not the norm but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside West Dulwich you would need to get your solicitor to go through the deeds very carefully. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in West Dulwich may decide that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold premises.
I have tried to negotiate informally with with my landlord to extend my lease without success. Can I make an application to the Leasehold Valuation Tribunal? Can you recommend a West Dulwich conveyancing firm to represent me?
Absolutely. We can put you in touch with a West Dulwich conveyancing firm who can help.
An example of a Freehold Enfranchisement matter before the tribunal for a West Dulwich flat is 8 Deerbrook Road in May 2010. the Tribunal held that the enfranchisement price, in accordance with section 32 and Schedule 6 of the Leasehold Reform, Housing and Urban Development Act 1993 was £22,820, payable by the Applicants. By an order of the Lambeth County Court dated 17 June 2009 the case had been transferred to the Leasehold Valuation Tribunal for its determination of the premium payable This case affected 3 flats.
In relation to leasehold conveyancing in West Dulwich what are the most frequent lease defects?
Leasehold conveyancing in West Dulwich is not unique. All leases are individual and drafting errors can sometimes mean that certain sections are erroneous. The following missing provisions could result in a defective lease:
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Clauses dealing with recovering service charges for expenditure on the building or common parts. Insurance obligations
You may have difficulties when selling your property if you have a defective lease primarily because it impacts on the ability to obtain a mortgage on the property. Nationwide Building Society, The Mortgage Works, and Platform Home Loans Ltd all have very detailed conveyancing instructions when it comes to what is expected in a lease. If a mortgage lender believes that the lease is problematic they may refuse to provide security, forcing the buyer to withdraw.