I require expedited conveyancing in Bankside as I am under pressure to exchange contracts inside 2 weeks. Fortunately I do not require a mortgage. Is it possible to avoid the conveyancing searches to save fees and time?
As you are are a mortgage free buyer you have the choice not to do searches although no conveyancer would recommend that you don't. With plenty of history conveyancing in Bankside the following are instances of issues that can crop up and therefore impact the marketability of the property: Enforcement Notices, Outstanding Charges, Outstanding Grants, Road Schemes,...
I am buying a new build apartment in Bankside. Conveyancing is daunting at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build conveyancing.
Here is a sample of a selection of leasehold new build enquiries that you may expect your new-build leasehold conveyancing in Bankside
Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier? Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose? Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents. The Lease must contain a provision on behalf of the Vendor to pay the service charges in respect of unoccupied units in order to ensure that all services can be provided.
Hoping to buy a property located in Bankside and I am already nervous. I couldn't find anything specific about Bankside. Conveyancing will be needed in due course but do you know about the Bankside area? or perhaps some other tips you can share?
Rather than looking online forget looking online you should go and have a look at Bankside. In the meantime here are some basic statistics that we found
We're FTB’s - had an offer accepted, but the selling agent advised that the seller will only proceed if we use their recommended conveyancers as they need a ‘quick sale’. Our preferred option is to instruct a family solicitor who is accustomed to conveyancing in Bankside
It is highly unlikely the sellers are behind this. If they require ‘a quick sale', alienating a motivated purchaser is likely to cause more damage than good. Contact the sellers directly and make the point that (a)you are serious buyers (b)you are ready to progress, with finances arranged © you do not need to sell (d) you intend to proceed fast (e)however you intend to use your preferred Bankside conveyancing firm - rather thanthe ones that will earn their estate agent a commission or hit his conveyancing figures pre-set by senior management.
My wife and I purchased a leasehold house in Bankside. Conveyancing and Nationwide Building Society mortgage organised. A letter has just been received from someone saying they have taken over the freehold. Attached was a ground rent demand for rent dating back to 1991. The conveyancing solicitor in Bankside who acted for me is not around. What should I do?
The first thing you should do is make enquiries of HMLR to be sure that this person is in fact the new freeholder. It is not necessary to incur the fees of a Bankside conveyancing lawyer to do this as it can be done on-line for £3. Rest assured that regardless, even if this is the legitimate freeholder, under the Limitation Act 1980 no more than 6 years of rent can be collected.
I have had difficulty in trying to reach an agreement for a lease extension in Bankside. Can the Leasehold Valuation Tribunal adjudicate on premiums?
if there is a missing freeholder or where there is disagreement about what the lease extension should cost, under the Leasehold Reform, Housing and Urban Development Act 1993 it is possible to make an application to the First-tier Tribunal (Property Chamber) to determine the sum to be paid.
An example of a Freehold Enfranchisement case for a Bankside property is 1-41 Royal Tower Lodge 40 Cartwright Street in April 2013. the tribunal adding the agreed value of capitalised ground rents and the reversion the price to be paid for the freehold was £1,187,000 This case was in relation to 41 flats. The unexpired residue of the current lease was 107 years.
A conveyancing firm handled my conveyancing in Bankside half a dozen years past and was holding my title documents but has now closed – What steps do I now take to retreive these?
Deeds, as such, no longer exist as most homes in Bankside are registered electronically at Land Registry. If you need to show ownership or are selling or refinancing your conveyancing practitioner will need to obtain up to date copies of the register from the Land Registry in any case.
If you feel there may be other documents or you have any other queries please e-mail your request with details of the transaction and documents you need to firstname.lastname@example.org. The CLC will let you know what information they have and any additional information they may need before they are in a position to identify and send the documents to you. Following an intervention it may take some time for the CLC to access archived files and documents, but your request will be actioned as quickly as possible.