I plan on purchasing a ground floor flat in Wimbledon. My lawyer is not listed on the lender solicitor list. Can I still retain my Wimbledon conveyancing solicitor even though they are not on the lender panel?
One must instruct a property lawyer to complete the legal work required if you take out a mortgage to purchase your home. They will carry out all the necessary investigations on the property, ensuring that you will be registered as proprietor and ensure that all the required mortgage paperwork is dealt with. You can appoint a Wimbledon solicitor of your choosing. Nevertheless, where the conveyancer appointed is not a member of the mortgage company conveyancing panel additional charges will arise as separate legal representation will be need by the mortgage company. Bank panel applications may be submitted, so if your solicitor has not in the past applied for membership they should do so.
I am purchasing a flat and require a conveyancing solicitor in Wimbledon who is on the Chelsea Building Society conveyancing. Could you point me in the right direction as regards a firm?
Our service is limited to being a directory service for firms who wish to listed as being on the approved conveyancing panel for Chelsea Building Society in certain locations such as Wimbledon. We dont recommend any particular firm.
I require expedited conveyancing in Wimbledon as I am under a deadline to sign on the dotted line inside 4 weeks. A mortgage is not required. Is it possible to avoid the conveyancing searches to save fees and time?
If.Given you are are a mortgage free buyer you are at free not to do searches although no solicitor would suggest that you don't. With lots of history conveyancing in Wimbledon the following are instances of what can be revealed and adversely affect future mortgageability: Refused Planning Applications, Outstanding Charges, Overdue Grants, Unadopted Roads,...
Are there restrictive covenants that are commonly identified 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…’
Yesterday I discovered that there is a flying freehold element on a house I put an offer in a fortnight ago in what was supposed to be a simple, chain free conveyancing. Wimbledon is where the house is located. Can you shed any light on this issue?
Flying freeholds in Wimbledon are unusual but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Wimbledon you must be sure that your lawyer goes through the deeds diligently. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Wimbledon may determine 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 residence.
I have recently realised that I have 72 years left on my flat in Wimbledon. I am keen to extend my lease but my landlord is missing. What options are available to me?
If you qualify, under the Leasehold Reform, Housing and Urban Development Act 1993 you can apply to the County Court for for permission to dispense with the service of the initial notice. This will enable the lease to be extended by the magistrate. However, you will be required to demonstrate that you have used your best endeavours to find the freeholder. On the whole a specialist may be helpful to conduct investigations and to produce an expert document which can be used as proof that the landlord is indeed missing. It is advisable to get professional help from a solicitor both on investigating the landlord’s disappearance and the vesting order request to the County Court covering Wimbledon.
Having spent months of negotiations we cannot agree with our landlord on how much the lease extension should cost for our flat in Wimbledon. Does the Leasehold Valuation Tribunal have jurisdiction to calculate the appropriate figures?
if there is a missing landlord or if there is dispute about what the lease extension should cost, under the relevant legislation you can apply to the First-tier Tribunal (Property Chamber) to arrive at the premium.
An example of a Freehold Enfranchisement decision for a Wimbledon premises 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 affected 3 flats. The unexpired term as at the valuation date was 72.94 years.