Can your site be used to locate a Conveyancing solicitor in West Wickham even where I’m not buying or selling a house, for instance where I want to acquire an office in West Wickham with a loan from National Westminster Bank?
Our comparison service is primarily utilised to help choose residential conveyancing solicitors in West Wickham but we have recorded towards the bottom of this page a selection of West Wickham commercial conveyancing firms. You should make contact with the company directly to see if they can also act for National Westminster Bank
Me and my brother own a terraced Georgian property in West Wickham. Conveyancing solicitor represented me and Godiva Mortgages Ltd. I happened to do a free search for it on the Land Registry database and I saw a couple of entries: one for freehold, another for leasehold under the exact same property. If a house is not a freehold shouldn't I have been informed?
You should read the Freehold register you have again and check the Charges Register for mention of a lease. The best way to be sure that you are also the registered proprietor of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in West Wickham and other locations in 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 mortgage companies. You can also check the situation with the conveyancing solicitor who conducted the work.
I am buying a new build house in West Wickham with the aid of help to buy. The sellers refused to move on the amount so I negotiated £7000 of extras instead. The house builders rep advised me not to tell my solicitor about this deal as it will affect my mortgage with the bank. Is this normal?.
All lenders require a Disclosure of Incentives Form from the developer of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.
Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.
Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.
I'm refinancing my existing property to a buy to let mortgage with Skipton Building Society and I will use the ballance of the raised equity as a deposit on further property. The neighborhood we are looking at is West Wickham. Will your conveyancers be able to act for both sets of mortgage companies and link together the conveyances?
Make use of our search tool on this page to be sure that the lawyers are approved by both banks. Having checked that they are your lawyer will be able to simultaneously deal with the two transactions but you should talk with you solicitor and specify your desired outcome and requirements.
I am one month into a residential purchase having been directed to a firm by the estate agent to do our conveyancing in West Wickham. We are not happy. Could you you assist me in finding new conveyancers?
A conveyancer would have to be very bad to suggest changing them. Has your mortgage offer been sent? In the event that it has you will need to inform them of the new solicitor and have the mortgage documents are issued to the new lawyers. The solicitor ideally needs to be on the lenders panel to avoid escalating charges and delays. That should be your first question of the new lawyers. The find a solicitor tool will help you find a bank approved solicitor for your home move in West Wickham
I work for a reputable estate agent office in West Wickham where we see a number of flat sales jeopardised as a result of short leases. I have received conflicting advice from local West Wickham conveyancing solicitors. Please can you shed some light as to whether the owner of a flat can start the lease extension process for the purchaser on completion of the sale?
Provided that 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. The benefit of this is that the proposed purchaser need not have to sit tight for 2 years for a lease extension. 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 purchaser.
Following months of negotiations we are unable to agree with our landlord on how much the lease extension should cost for our flat in West Wickham. Does the Leasehold Valuation Tribunal have jurisdiction to calculate the appropriate figures?
Where 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 Leasehold Valuation Tribunal to determine the premium.
An example of a Freehold Enfranchisement decision for a West Wickham flat is 26 Manor Road in July 2010. the Tribunal decided that price to be paid for the freehold was £12,420 This case was in relation to 2 flats. The number of years remaining on the existing lease(s) was 76.75 and 88.83.