My lender has suggested solicitors on their panel based in Bickley but I would rather choose a conveyancing lawyer in Bickley or nearer to where I live. Are you able to assist?
It is by no means the case that all Bickley conveyancing practitioners are on all lender’s conveyancing panel. Please make use of the above search tool to locate a Bickley conveyancing conveyancer on the on the lender panel.
I am downsizing from our house in Bickley and the buyers lawyers are claiming that there is a risk of it being built land that was not decontaminated. A high street Bickley lawyer would know that there is no such problem. For the life of me I don't know why the purchasers used a nationwide conveyancing firm as opposed to a conveyancing solicitor in Bickley. Having lived in Bickley for 4 years we know that this is a non issue. Should we get in touch with our local Authority to get clarification that the buyers are looking for.
It would appear that you have a conveyancing solicitor currently acting for you. What do they say? You need to enquire of 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 illness)
2 months have gone by following my purchase conveyancing in Bickley completed. I have checked the Land Registry website which shows that I paid £175,000 when infact I paid £180,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the residence from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
Yesterday I discovered that there is a flying freehold element on a house I have offered on two weeks back in what was supposed to be a straight forward, no chain conveyancing. Bickley is the location of the property. Is there any guidance you can impart?
Flying freeholds in Bickley are unusual but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Bickley you must be sure that your lawyer goes through the deeds thoroughly. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Bickley may ascertain 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.
I am hoping to put an offer on a small detached house that seems to meet my requirements, at a great figure which is making it all the more appealing. I have subsequently found out that it's a leasehold as opposed to freehold. I am assuming that there are particular concerns purchasing a house with a leasehold title in Bickley. Conveyancing solicitors have not yet been instructed. Will they explain the issues?
The majority of houses in Bickley are freehold and not leasehold. In this scenario it’s worth having a local conveyancer used to dealing with such properties who can help the conveyancing process. it is apparent that you are purchasing in Bickley so you should seriously consider looking for a Bickley conveyancing solicitor and check that they are used to advising on leasehold houses. As a matter of priority you will need to check the unexpired lease term. Being a leaseholder you will not be at liberty to do whatever you want to the property. The lease will likely included provisions such as requiring the freeholder’spermission to carry out alterations. It may be necessary to pay a service charge towards the maintenance of the communal areas where the house is located on an estate. Your solicitor will report to you on the legal implications.
I am the leaseholder of a first floor flat in Bickley. Given that I can not reach agreement with the landlord, can the Leasehold valuation Tribunal make a decision on the premium due for a lease extension?
Where there is a absentee freeholder or where there is dispute about what the lease extension should cost, under the Leasehold Reform, Housing and Urban Development Act 1993 you can apply to the First-tier Tribunal (Property Chamber) to make a decision on the price.
An example of a Lease Extension matter before the tribunal for a Bickley property is 1 Southlands Court Southlands Road in September 2013. The Leasehold Valuation Tribunal determined that the premium to be paid by the tenant on the grant of a new lease, in accordance with section 56 and Schedule 13 of the Leasehold Reform, Housing and Urban Development Act 1993 was £30,541 This case was in relation to 1 flat. The remaining number of years on the lease was 50.57 years.
How and when do I incur the Stamp Duty Land Tax chargeable for my purchase in Bickley?
The conveyancer will complete a stamp duty return on your behalf as part of your Bickley conveyancing transaction for signature. On completion your solicitor will submit the Land Transaction application to the Inland Revenue and - as long as they have the funds - discharge any land tax liability for you.