A mortgage agreement from Santander for the remortgage of my 4 room maisonette is to be issued any day now. Can you put forward a low cost conveyancing solicitor in West Norwood?
This site is not designed to help those in pursuit of a cheap conveyancing in West Norwood. Our intention is to offer cost effective conveyancing but our intention is not to advertise as being the cheapest. Avoid the trap of appointing brokers seducing you with £99 conveyancing in West Norwood. The optimum result, in being led by cheap conveyancing, you will get your money’s worth and at worst you will end up invoiced for extras and still not end up with the service expected.
My lawyer has identified a a legal deficiency with the lease for the apartment we are purchasing in West Norwood. The other side have offered title insurance as a solution. We are content with insurance and will pay for it. Our lawyer says that he must check that the mortgage company is willing to move forward with this solution. Who is the client here, us or the mortgage company ?
Even though you have a mortgage offer from the mortgage company does not mean to say that the property will meet their requirements for the purposes of a mortgage. Your lawyer has to ensure that the lease has to comply with the UK Finance Lenders’ Handbook requirements. You and the bank are the client. The appropriate lender specifications have to be complied with.
Are there restrictive covenants that are commonly picked up during conveyancing in West Norwood?
Restrictive covenants can be picked up when reviewing land registry title as part of the legal transfer of property in West Norwood. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
About to purchase a new build flat in West Norwood. 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 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 West Norwood
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Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents. Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose? Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme. 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.
What does commercial conveyancing in West Norwood cover?
West Norwood conveyancing for business premises covers a wide range of advice, supplied by regulated solicitors, relating to business property. By way of example, this type of conveyancing can cover the sale or purchase of freehold business premises or, more commonly, the assignment of existing leases or the drafting of new leasing arrangements. Commercial conveyancing solicitors can also offer advice on the sale of business assets, commercial mortgages and the termination of leases.
I’m about to sell my ground floor flat in West Norwood. Conveyancing has not commenced, but I have just had a yearly maintenance charge demand – what should I do?
The sensible thing to do is clear the maintenance contribution as usual as all rents and maintenance charges will be apportioned on completion, so you should recover the relevant percentage by the purchaser for the period running from after the completion date to the subsequent invoice date. Most management companies will not acknowledge the buyer until the service charges have been paid and are up to date, so it is important for both buyer and seller for the seller to show that they are up to date. This will smooth the conveyancing process.
I inherited a ground floor flat in West Norwood. Given that I can not reach agreement with the freeholder, can the Leasehold valuation Tribunal determine the sum payable for a lease extension?
You certainly can. We are happy to put you in touch with a West Norwood conveyancing firm who can help.
An example of a Freehold Enfranchisement case for a West Norwood premises is 172 Knollys Road in February 2012. On 13 September 2011 District Judge Guinan made a vesting order and the proceedings were transferred to the tribunal for the purpose of assessing the premium which was subsequently calculated to be £24,003 This case was in relation to 4 flats. The unexpired lease term was 98.28 for 3 flats other than the garden flat which had 66.04 years remaining.