Should lawyers ask for money on account for conveyancing in Abbey Wood?
Where you are retaining lawyers for conveyancing in Abbey Wood your solicitor will ask you place them with monies to cover the search fees. This will be the total of the cost of the conveyancing searches. When the deposit is as part of the sale price then this should be asked for shortly in advance of contracts are exchanged. The closing balance that is needed will be payable a few days prior to the day of completion.
My wife and I are close to exchanging contracts on the sale of our property in Abbey Wood and the buyers lawyers are claiming that there is a risk of it being constructed land that was not decontaminated. Any high street Abbey Wood lawyer would know this is not the case. For the life of me I don't know why the buyers instructed a factory type conveyancing practice as opposed to a conveyancing solicitor in Abbey Wood. We have lived in Abbey Wood for many years we know that this is a non issue. Is it a good idea to contact our local Authority to obtain clarification that there is no issue.
It would appear that you have a conveyancing solicitor currently acting for you. Are they able to advise? You need to 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 ailment)
The deeds to our house are lost. The conveyancers who handled the conveyancing in Abbey Wood 5 years ago no longer exist. What are my next steps?
Gone are the days when you need to have the physical deeds to prove you own the land or property, given that the Land Registry have everything they need in a digital format.
I'm buying my first flat in Abbey Wood with a mortgage from Halifax. The developers would not reduce the amount so I negotiated 6k of additionals instead. The house builders rep advised me not reveal to my lawyer about this side-deal as it may affect my loan with the lender. Is this normal?.
All lenders require a Disclosure of Incentives Form from the builder of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.
Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.
Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.
Completion is due on our sale of a £150,000 apartment in Abbey Wood next week. The managing agents has quoted £300 for Certificate of Compliance, insurance certificate and previous years service charge statements. Is it legal for a freeholder to charge such fees for a flat conveyance in Abbey Wood?
Abbey Wood conveyancing on leasehold apartments often requires the buyer’s conveyancer sending questions for the landlord to address. Although the landlord is not legally bound to address these enquiries the majority will be content to assist. They are entitled to levy a reasonable administration fee for answering questions or supplying documentation. There is no set fee. The average costs for the information that you are referring to is over three hundred pounds, in some transactions it is in excess of £800. The management information fee levied by the landlord must be sent together with a summary of entitlements and obligations in relation to administration charges, without which the charge is technically not due. In reality you have no choice but to pay whatever is demanded if you want to sell the property.
After years of correspondence we simply can't agree with our landlord on how much the lease extension should cost for our flat in Abbey Wood. Can we issue an application to the Residential Property Tribunal Service?
Where there is a absentee freeholder or where there is dispute about the premium for a lease extension, under the Leasehold Reform, Housing and Urban Development Act 1993 you can apply to the Leasehold Valuation Tribunal to determine the sum to be paid.
An example of a Lease Extension matter before the tribunal for a Abbey Wood residence is Various @ Colombus Square in January 2012. the Tribunal calculated the premiums to be paid for new leases for each of the flats in Mariners Walk to be £3822 and the premium to be paid for the new lease of 2 Knights Court to be £4439. This case related to 13 flats. The unexpired term as at the valuation date was 76 years.
What is the best way of identifying a commercial conveyancing in Abbey Wood?
Option 1 is to ask your friends and family who they would recommend. Second, search the internet for conveyancing in Abbey Wood. Phone a couple or more firms from the list and request that they send you their conveyancing charges and discuss your needs with the solicitor who will conduct your conveyancing before you commit. Option 3 is to make use of this site to help you find the right lawyers taking into account your unique factors including location,speed, complexity and who the proposed lender is.Resist the temptation to appoint lowest cost conveyancing solicitors in Abbey Wood