Can you vouch for a Bank of Scotland approved Elephant and Castle conveyancing solicitor that can complete within 10 days? Would it be better to use a local Elephant and Castle practice or a factory type firm?
We would be happy to suggest some excellent Elephant and Castle conveyancing firms. Another option is to visit the high street in Elephant and Castle. Approach two or three firms and ask to speak with a conveyancing solicitor for a costs illustration. Discuss your deadline together with your reasons and ask for an assurance on your deadline. Appoint the lawyer that genuine.
Can your site be used to recommend a Conveyancing solicitor in Elephant and Castle even where I’m not purchasing or selling a house, for example where I intend to buy a shop in Elephant and Castle with a mortgage from Aldermore?
Our comparison service is mainly there to select domestic conveyancing solicitors in Elephant and Castle but we have set out towards the bottom of this page a selection of Elephant and Castle commercial conveyancing firms. You will need to speak with the company directly to establish if they can also act for Aldermore
My wife and I are selling our house in Elephant and Castle and the buyers lawyers are claiming that there is a risk of it being constructed land that was not decontaminated. Any local conveyancer would know this is not the case. It does beg the question why the buyers instructed an internet conveyancing practice rather than a conveyancing solicitor in Elephant and Castle. We have lived in Elephant and Castle for three years we know of no issue. Should we get in touch with our local Authority to obtain confirmation that there is no issue.
It would appear that you have a conveyancing solicitor already. What do they say? You should 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 health insurance to cover that same illness)
How does conveyancing in Elephant and Castle differ for newly converted properties?
Most buyers of new build property in Elephant and Castle approach us having been asked by the housebuilder to sign contracts and commit to the purchase even before the house is completed. This is because house builders in Elephant and Castle typically purchase the site, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancing solicitors as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are accustomed to new build conveyancing in Elephant and Castle or who has acted in the same development.
I opted to have a survey done on a house in Elephant and Castle in advance of instructing conveyancers. I have been advised that there is a flying freehold overhang to the property. The surveyor has said that some lenders will not issue a loan on this type of property.
It varies from the lender to lender. Lloyds has different requirements for example to Halifax. If you contact us we can look into this further via the appropriate mortgage company. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Elephant and Castle. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Elephant and Castle to see if the conveyancing will be more expensive.
I've found a house that seems to tick a lot of boxes, at a great figure which is making it more attractive. I have just discovered that it's a leasehold as opposed to freehold. I would have thought that there are issues purchasing a house with a leasehold title in Elephant and Castle. Conveyancing lawyers have are soon to be appointed. Will my lawyers set out the risks of buying a leasehold house in Elephant and Castle ?
The majority of houses in Elephant and Castle are freehold rather than leasehold. In this scenario it’s worth having a local conveyancer used to dealing with such properties who can assist with the conveyancing process. it is apparent that you are purchasing in Elephant and Castle in which case you should be looking for a Elephant and Castle conveyancing solicitor and check that they have experience in dealing with leasehold houses. As a matter of priority you will need to check the unexpired lease term. Being a leaseholder you will not be entirely free to do whatever you want to the property. The lease comes with conditions for example requiring the freeholder’sconsent to conduct changes to the property. You may also be required to pay a contribution towards the upkeep of the estate where the property is located on an estate. Your lawyer will advise you fully on all the issues.
We have reached the end of our tether in trying to reach an agreement for a lease extension in Elephant and Castle. Can the Leasehold Valuation Tribunal adjudicate on premiums?
if there is a absentee landlord or if there is dispute about what the lease extension should cost, under the Leasehold Reform, Housing and Urban Development Act 1993 you can apply to the First-tier Tribunal (Property Chamber) to calculate the price.
An example of a Lease Extension decision for a Elephant and Castle premises is Ground Floor Flat 39 Bronsart Road in May 2010. Following a vesting order by West London County Court the Leasehold Valuation Tribunal concluded that the price to be paid for the extended lease of the premises was Thirteen Thousand Two hundred pounds (£13,200) in accordance with the valuation. The extended lease was granted for a term of 90 years from the expiry date of the Lease and at a peppercorn ground rent from the date of the vesting order. This case was in relation to 1 flat. The unexpired term as at the valuation date was 74.77 years.