At long last a mortgage agreement from Santander for the refinancing of my 2 room maisonette is coming imminently. Can you propose a cheap conveyancing law firm in Wimbledon?
You have arrived at the wrong site to search for the lowest fares for conveyancing solicitors in Wimbledon. Our aim is to provide cost effective conveyancing but we do not aim to advertise as being the cheapest. Do not be swayed by companies teasing you with ninety nine pound conveyancing in Wimbledon. The optimum result, in choosing a lawyer for cheap conveyancing, you will get your money’s worth and at worst you will end up paying a lot in additional fees and still not get the service required.
My wife and I have lately purchased a property in Wimbledon. We have noticed several problems with the property which we believe were missed in the conveyancing searches. Is there anything we can do? What searches should? have been ordered as part of conveyancing in Wimbledon?
The question is not clear as to the nature of the problems and if they are relate to conveyancing in Wimbledon. Conveyancing searches and due diligence undertaken during the buying process are carried out to help avoid problems. As part of the process, the vendor fills in a document known as a SPIF. If the information ends up being inaccurate, you could possibly take legal action against the vendor for any losses that you have suffered. The survey should have identified any problems with the structure of the property. Assuming a detailed survey was carried out and the issues were not identified, you may have a claim against the surveyor. However, if you did not have a full survey, you may be responsible for fixing any defects that have now been noted. We would always encourage buyers to take every possible step to ensure they are completely aware of the condition of a property before purchase regardless of whether they are buying in Wimbledon.
We are planning on selling our home in Wimbledon and according to the buyers it appears that there is a possibility that the property was built land that was not decontaminated. Any high street Wimbledon lawyer would know this is not the case. It does beg the question why the buyers are using an internet conveyancing outfit as opposed to a conveyancing solicitor in Wimbledon. We have lived in Wimbledon for 4 years we know that this is a non issue. Should we get in touch with our local Authority to obtain confirmation that the buyers are looking for.
It sounds as though you may have a conveyancing lawyer currently acting for you. Are they able to advise? You need to check with 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 life insurance to cover that same ailment)
Are there restrictive covenants that are commonly picked up during conveyancing in Wimbledon?
Restrictive covenants can be picked up when reviewing land registry title as part of the process of conveyancing in Wimbledon. 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…’
Due to the advice of my in-laws I had a survey completed on a property in Wimbledon before instructing conveyancers. I have been told that there is a flying freehold aspect to the property. The surveyor advised that some lenders will not issue a loan on this type of premises.
It varies from the lender to lender. Bank of Scotland has different instructions for example to Nationwide. Should you wish to call us we can investigate further with the appropriate bank. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Wimbledon. Conveyancing will be smoother if you use a solicitor in Wimbledon especially if they are accustomed to such properties in Wimbledon.
I work for a reputable estate agency in Wimbledon where we have witnessed a number of leasehold sales jeopardised as a result of short leases. I have been given conflicting advice from local Wimbledon conveyancing solicitors. Please can you shed some light as to whether the seller of a flat can initiate the lease extension formalities 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 proposed purchaser can avoid having to wait 2 years for a lease extension. Both sets of lawyers will agree to form of assignment. The assignment needs to be completed prior to, 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.
Notwithstanding our best endeavours, we have been unsuccessful in negotiating a lease extension in Wimbledon. Can this matter be resolved via the Leasehold Valuation Tribunal?
Where there is a absentee freeholder 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 arrive at the price.
An example of a Freehold Enfranchisement decision for a Wimbledon residence is 629 Garratt Lane in September 2014. The consideration payable for the acquisition of the freehold of the subject property was the sum £21,302.74. This represented a valuation of the freehold in the sum of £23,864 from which the sum of £2561.27 has been deducted in respect of certain costs in repairing and insuring the premises This case was in relation to 3 flats. The unexpired residue of the current lease was 72.94 years.