I just bought a flat at auction in Coombe. Conveyancing is needed. What happens now?
Given that you have now legally committed yourself to purchase you must instruct a conveyancing lawyer soon as you will have a fast approaching a fixed date to complete the conveyancing. Every auction property will have a bespoke legal set of papers. This should include the copy title deeds, local authority and drainage searches. Where you are dealing with leasehold premises the auction pack may provide a copy of the lease, management information and a sellers leasehold information form and other conveyancing paperwork specific to leasehold premises. You should give this to your appointed conveyancing solicitor as soon as possible. Do make sure that your finances are in place to complete the transaction on the set completion date.
I am due to move property in July. Does my conveyancing solicitor call the removal company on the day of completion. On a separate note, can you put forward a removal company in Coombe. Conveyancing solicitor was found prior to coming across this site.
On the day of completion you will need to pick up the keys from your estate agent however this can only take place after the vendors solicitors confirm to the agent that they have the completion monies and the keys can be handed over. After that you will need to inform the removal company that you are ready to move in. We are not in a position to suggest a specific removal company but can help you choose a residential property solicitor in Coombe or a lawyer that specialises in conveyancing in Coombe.
Our offer on a detached house in Coombe has been accepted, the sellers do however have a tied purchase. The owners have put an offer on a flat, but it’s not yet agreed to, and are looking at other apartments booked. I have instructed a high street conveyancing solicitor in Coombe. What do I do now? At what point do I apply for the mortgage with Bank of Ireland?
It is understandable to have apprehensions where there is a chain as you are unlikely to want to incur costs prematurely (home loan application is in the region of £1k, then survey, Coombe conveyancing search charges, etc). The first thing to do is check that your solicitor is on the Bank of Ireland approved list. Regarding the next steps this very much dictated by the circumstances of your transaction, attraction to the property and on the state of the market. During a buoyant market some home buyers would apply for a home loan with Bank of Ireland and pay for the valuation and only if it was satisfactory would they ask their solicitor to proceed with searches.
My friend advised me that where I am buying in Coombe I should carry out a Neighbourhood, Planning and Local Amenity Search. Can you explain what the purpose of this search is?
A search of this type is sometimes included in the estimate for your Coombe conveyancing searches. It is not a small document of more than thirty pages, listing and setting out significant information about Coombe around the property and the people living there. It includes an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the Coombe Housing Market, Council Tax Banding, the type of People living in the area, the dominant type of Housing, the Average Property Price, Crime details, Coombe Education with maps and statistics, Local Amenities and other useful information about Coombe.
Are there restrictive covenants that are commonly identified as part of conveyancing in Coombe?
Restrictive covenants can be picked up when reviewing land registry title as part of the legal transfer of property in Coombe. 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…’
I am looking for a ground for flat up to £235,500 and identified one near me in Coombe I like with a park and station nearby, the downside is that it's only got 49 remaining years left on the lease. There is not much else in Coombe in this price bracket, so just wondered if I would be making a mistake buying a lease with such few years left?
Should you require a home loan the remaining unexpired lease term will likely be problematic. Reduce the offer by the amount the lease extension will cost if not already taken into account. If the current proprietor has owned the property for at least 2 years you may ask them to start the process of the extension and pass it to you. You can add 90 years to the current lease term with a zero ground rent applied. You should speak to your conveyancing solicitor about this.
Hoping to buy a property located in Coombe and I am already nervous. I couldn't find anything specific about Coombe. Conveyancing will be needed in due course but do you know about the Coombe area? or perhaps some other tips you can share?
Rather than looking online forget looking online you should go and have a look at Coombe. In the meantime here are some basic statistics that we found
I wish to rent out my leasehold flat in Coombe. Conveyancing solicitor who did the purchase is retired - so can't ask her. Is permission from the freeholder required?
Some leases for properties in Coombe do contain a provision to say that subletting is only allowed with permission. The landlord is not entitled to unreasonably refuse but, in such cases, they would need to review references. Experience dictates that problems are usually caused by unsatisfactory tenants rather than owner-occupiers and for that reason you can expect the freeholder to take up the references and consider them carefully before granting consent.
I am the registered owner of a a ground floor purpose built flat in Coombe. In the absence of agreement between myself and the freeholder, can the Leasehold valuation Tribunal make a decision on the amount payable for a lease extension?
in cases 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 it is possible to make an application to the Leasehold Valuation Tribunal to calculate the amount due.
An example of a Freehold Enfranchisement matter before the tribunal for a Coombe residence is 29 Woodstock Road in April 2014. the Tribunal determined that the premiums to be paid into court in respect of the purchase of the freehold registered at HMLR under Title N0.SY3997 should be £7,217. This case affected 4 flats. The unexpired residue of the current lease was 98 years.