My partner’s uncle is a property lawyer. I am hopeful that I will receive preferential rates for conveyancing, but if not, what level of costs would I typically be looking at for conveyancing in Bermondsey?
It’s sensible to request two or three conveyancing estimates. Do use our comparison tool on this site. Whilst prices do vary but service levels do differ between property lawyers as is the case with the vast majority of professional services.
My wife and I have a renovated Victorian house in Bermondsey. Conveyancing practitioner acted for me and Barclays . I did a free Land Registry search last week and I saw a couple of entries: the first freehold, the second leasehold under the exact same property. I'd like to know for sure, how can I find out??
You should read the Freehold register you have again and check the Charges Register for mention of a lease. The best way to be sure that you are also the registered proprietor of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Bermondsey and other areas of the country and poses no real issues for owners other than when they remortgage they have to account for both freehold and leasehold interests when dealing with lenders. You can also question the situation with your conveyancing practitioner who completed the work.
Just had an offer accepted on a new build flat in Bermondsey. Conveyancing is necessary evil 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 legal work.
Set out below are examples of a few leasehold new build enquiries that you can expect your new-build leasehold conveyancing in Bermondsey
The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme. If there are lifts in the building, please confirm that the owners of flats on the ground and basement floors will not be required to contribute towards the cost of maintenance and renewal. Forfeiture - bankruptcy or liquidation must not apply under this provision. Please supply evidence that the form of Lease proposed has been approved by the Land Registry. Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier?
I've recently found out that there is a flying freehold issue on a house I put an offer in a fortnight ago in what was supposed to be a simple, chain free conveyancing. Bermondsey is where the house is located. What do you suggest?
Flying freeholds in Bermondsey are unusual but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Bermondsey you would need to get your solicitor to go through the deeds very carefully. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Bermondsey may determine that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold premises.
How difficult is it to swap conveyancer as I need to choose one who is on the Halifax conveyancing list. I was using a family conveyancing solicitor in Bermondsey round the corner but he is not accepted by Halifax
We will our best to assist in finding you a conveyancing solicitor in Bermondsey on the Halifax panel. Please note that the law firms that we work with do not pay us a referral fee if you instruct them and are registered with the SRA who oversee all conveyancing solicitors in Bermondsey. In utilising search facility on this website, you can compare and instruct different solicitors and conveyancers both nationally and in Bermondsey.
I’m about to sell my garden flat in Bermondsey. Conveyancing lawyers have not yet been instructed, however I have recently received a half-yearly maintenance charge invoice – what should I do?
The sensible thing to do is pay the invoice as normal because all rents and service invoices will be allotted on completion, so you will be reimbursed by the purchaser for the period running from after the completion date to the subsequent invoice date. Most managing agents will not acknowledge the buyer until the service charges have been paid and are up to date, so it is important for both buyer and seller for the seller to show that they are up to date. Having a clear account will assist your cause and will leave you no worse off financially.
I have tried to negotiate informally with with my landlord for a lease extension without success. Can the Leasehold Valuation Tribunal decide on such issues? Can you recommend a Bermondsey conveyancing firm to assist?
if there is a absentee freeholder or if there is disagreement about what the lease extension should cost, under the relevant legislation you can apply to the LVT to arrive at the price payable.
An example of a Freehold Enfranchisement decision for a Bermondsey 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 related to 41 flats. The unexpired term was 107 years.