We were just about to exchange contracts for a ground floor flat in Penge. We have hit a stumbling block. Our loan offer with Godiva Mortgages Ltd runs out on 17/6/2024 but the owners are insisting on a completion date of 19/6/2024. Can one extend the mortgage expiry date?
The best person to address this concern is your lawyer who will hopefully calculate if they corresponding with the lender, vendor’s lawyers, estate agents or indeed all three given what has gone on in your house move as of today.
Why do I have to pay up front when it comes to conveyancing in Penge?
If you are buying a property in Penge your solicitor will request that you to provide them with funds to cover the search fees. Normally this is asked for to cover the fees of the conveyancing searches. When the deposit is as part of the purchase price then this should be needed immediately in advance of contracts are exchanged. The final balance that is due should be sent to your lawyer shortly before completion.
What is the difference between a licensed conveyancer and conveyancing solicitor in Penge
There are two types of lawyers who can do conveyancing in Penge namely licenced conveyancers or solicitors. Both professionals administer the legal services that required to complete the sale or acquisition of property. They are both duty bound to conduct Penge conveyancing on similar quality and guidelines so you may be sure that your conveyancing will be professionally conducted and that all necessary procedures should be suitably attended to.
We are planning to move house in June. Does my conveyancing solicitor communicate with the removal company on the completion day. As an aside, can you recommend a removal company in Penge. Conveyancing lawyer was organised before I stumbled across this page.
On the day of completion you will need to collect the keys from your estate agent but this can only take place once the previous owners solicitors advise the agent that the monies to complete are in and the keys can be passed over. After that you should advise the removal men that they can start moving you in. As a matter of policy we do not suggest a particular removal organisation but can assist you in finding a residential property solicitor in Penge or a firm with expertise in conveyancing in Penge.
My partner and I are in the throws of viewing apartments in Penge and I am about to put in an offer. Is it too early to have a solicitor in place? I am planning to take a home loan with UBS.
You should start obtaining conveyancing estimates from solicitors ASAP. Once you decide who you want to use and once your offer is accepted you can instruct them to work for you and forward their details on to the estate agent. As you are taking out a mortgage with UBS, ask your prospective lawyers if they are on the UBS conveyancing panel otherwise they can't do the mortgage legal work.
Hoping to buy a property located in Penge and I am already nervous. I couldn't find anything specific about Penge. Conveyancing will be needed in due course but do you know about the Penge area? or perhaps some other tips you can share?
Rather than looking online forget looking online you should go and have a look at Penge. In the meantime here are some basic statistics that we found
We're first time buyers - had an offer accepted, but the agent informed us that the seller will only proceed if we instruct their preferred solicitors as they need a ‘quick sale’. My instinct tells me that we should use a high street solicitor who is accustomed to conveyancing in Penge
It is unlikely the sellers are behind this. If they require ‘a quick sale', turning down a serious buyer is likely to cause more damage than good. Speak to the owners direct and make the point that (a)you are genuine buyers (b)you are excited to move forward, with mortgage lined up © you do not need to sell (d) you wish to move quickly (e)however you will continue to use your own,trusted Penge conveyancing solicitors - as opposed tothe ones that will earn the negotiator at the agency a referral fee or meet his conveyancing figures set by head office.
My wife and I purchased a leasehold flat in Penge. Conveyancing and Clydesdale mortgage organised. I have received a letter from someone saying they have taken over the freehold. It included a ground rent demand for rent dating back to 1997. The conveyancing practitioner in Penge who previously acted has now retired. Any advice?
First make enquiries of the Land Registry to be sure that this person is indeed the new freeholder. There is no need to incur the fees of a Penge conveyancing lawyer to do this as you can do this on the Land Registry website for less than a fiver. Rest assured that in any event, even if this is the legitimate freeholder, under the Limitation Act 1980 the limitation period for recovery of ground rent is six years.
I have attempted and failed to negotiate with my landlord for a lease extension without getting anywhere. Can a leaseholder make an application to the Leasehold Valuation Tribunal? Can you recommend a Penge conveyancing firm to assist?
Where there is a absentee landlord or if there is dispute about the premium for a lease extension, under the relevant legislation you can apply to the Leasehold Valuation Tribunal to assess the price payable.
An example of a Lease Extension decision for a Penge property is Flats 5, 9, 38 & 40 Blakewood Court Anerley Park in January 2012. the tribunal held that the premiums payable for the new lease sare: FLAT 5:- £7,130 FLAT 9:- £7,860 FLAT 38:- £15,867 FLAT 40: £14,834 This case was in relation to 4 flats.