I selected a Chislehurst based lawyer for my conveyancing in Chislehurst today. Upon checking the official terms of business I notewe are responsible for charges even if the dealdoes not proceed. Would I be best advised to appoint an on-line firm who offer no move no charge conveyancing in Chislehurst?
It is usually ‘give and take’ in that if "No Completion No Fee" is available then the conveyancing charges will generally be uplifted to counteract the cases that abort. You should be mindful that such offerings rarely cover expenses by way of example Chislehurst conveyancing search charges.
Do the conveyancing lawyers identified via your search tool carry out conveyancing in Chislehurst by way of an attended exchange?
We do have a number of conveyancing specialists who can conduct 24hr exchanges. You should e-mail us to secure a conveyancing quote and details as to dates.
The estate agent has sent us the confirmation of our purchase of a new build flat in Chislehurst. 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 legal work.
Set out below is a sample of a few leasehold new build questions that you may expect your new-build leasehold conveyancing in Chislehurst
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Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier? 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. Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose?
Over the last few months I have been searching for a ground for flat up to £305k and identified one round the corner in Chislehurst I like with amenity areas and railway links nearby, however it's only got 61 remaining years left on the lease. There is not much else in Chislehurst suitable, so just wondered if I would be making a grave error acquiring a short lease?
If you require a mortgage the shortness of the lease will be problematic. Discount the offer by the amount the lease extension will cost if not already taken into account. If the existing owner has owned the premises for at least twenty four months you could ask them to start the process of the extension and pass it to you. An additional ninety years can be extended on to the current lease and have £0 ground rent by law. You should consult your conveyancing lawyer about this.
We're FTB’s - agreed a price, yet the property agent has warned us that the owners will only proceed if we use their chosen lawyers as they are insisting on a ‘quick sale’. My instinct tells me that we should use a family conveyancer with experience of conveyancing in Chislehurst
We suspect that the owner is not behind this request. If they want ‘a quick sale', turning down a serious buyer is counter productive. Speak to the owners direct and make sure they comprehend that (a)you are motivated buyers (b)you are ready to go, with mortgage lined up © you are chain free (d) you intend to proceed fast (e)but you are going to appoint your preferred Chislehurst conveyancing solicitors - not the ones that will earn the estate agent a kickback or achieve conveyancing targets pre-set by head office.
I am the registered owner of a ground-floor 1960’s flat in Chislehurst. In the absence of agreement between myself and the landlord, can the Leasehold valuation Tribunal determine the sum payable for a lease extension?
You certainly can. We can put you in touch with a Chislehurst conveyancing firm who can help.
An example of a Lease Extension matter before the tribunal for a Chislehurst property is 70 Andace Park Gardens 133-149 Widmore Road in November 2013. Tribunal determined that the premium payable for the lease extension was £10,052 This case affected 1 flat. The remaining number of years on the lease was 72 years.
What makes a Chislehurst lease defective?
There is nothing unique about leasehold conveyancing in Chislehurst. Most leases are unique and drafting errors can result in certain provisions are erroneous. For example, if your lease is missing any of the following, it could be defective:
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A provision for the recovery of money spent for the benefit of another party.
You could have a problem when selling your property if you have a defective lease as they can affect a potential buyer’s ability to obtain a mortgage. National Westminster Bank, Virgin Money, and Clydesdale all have express 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 purchaser to withdraw.