My wife and I are due to exchange on the purchase of a house in Battersea but as a result of damage from the recent storms I have managed to agree reparation from the owner in the sum of six thousand pounds in the form of a adjustment in the price. I had intended this to be dealt with as part of the conveyancing process yet Skipton are not allowing this. Should they have been notified?
Any solicitor being on a Skipton conveyancing panel is obliged to inform Skipton of any changes to the purchase price. If you prohibit your property lawyer to notify the price change to Skipton then they would have to discontinue acting for you. In addition, Skipton and you would have to appoint a new property lawyer for your conveyancing in Battersea.
Is it necessary to take out insurance to address the risk of chancel repairs when acquiring a house in Battersea?
Unless a previous acquisition of the property took place after 12 October 2013 you can take it that lawyers carrying out conveyancing in Battersea to continue to propose a a chancel search and or chancel repair liability insurance.
Just had an offer accepted on a new build flat in Battersea. 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.
Set out below is a sample of a selection of leasehold new build enquiries that you can expect your new-build leasehold conveyancing in Battersea
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. There must be mutual enforceability of lessee’s covenants. Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose? The Vendor must covenant to keep unoccupied units in good repair until long leases are granted therefore. Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier?
I have been on the look out for a flat up to £235,500 and found one round the corner in Battersea I like with open areas and transport links nearby, however it's only got 61 years on the lease. I can't really find anything else in Battersea for this price, 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 shortness of the lease will likely be problematic. Discount the price by the expected lease extension will cost if it has not already been discounted. If the existing proprietor has owned the premises for at least twenty four months you could ask them to start the process of the extension and pass it to you. An additional ninety years can be extended on to the existing lease term with a zero ground rent applied. You should consult your conveyancing lawyer concerning this matter.
I am looking to sell my home. My past conveyancers closed down. It would be helpful to have a recommendation of a conveyancing firm. Im based in Battersea if that makes things easier.
You should use our search tool to help you choose a solicitor for your conveyancing in Battersea. We have connected thousands of home buyers and sellers with regulated solicitors to ensure that the legalities of their house move goes with a minimum of fuss.
My wife and I have had DIP from Britannia who have advised that they will loan up to £350k. When do I need to instruct a lawyer for conveyancing? Battersea is where we plan to move to.
It would be wise to appoint a solicitor now and ask them to generate a file on your behalf. This will facilitate: 1) the selling agent to send out the Sales Memorandum to the relevant parties 2) the seller’s solicitor to send out the draft agreement. That being said, do not ask your property lawyer to order searches until you have your valuation report from Britannia and you are content to proceed.