We are due to exchange buying a property in Blackheath but as a consequence of damage from a small fire at the property I have managed to agree compensation from the owner in the sum of six thousand pounds by way of a deduction in the price. I had intended this to be addressed as part of the conveyancing process but Yorkshire BS are not allowing this. Should they have been informed?
The conveyancer that is on the Yorkshire BS conveyancing panel is required to advise Yorkshire BS of any amendments to the sale price. If you prohibit your solicitor to notify the reduction to Yorkshire BS then they would have to discontinue acting for you. In addition, Yorkshire BS and you would have to appoint a new conveyancer for your conveyancing in Blackheath.
There are plenty of conveyancing solicitors in Blackheath but how do I know who's good?
It would be unwise to be swayed by the lowest Blackheath conveyancing quote. You really do get what you pay for when it comes to property lawyers. A cheap quote may mean that the conveyancing solicitor is handling a lot of jobs at one time and you won’t get the quality of service and the attention that you need. It is, however, wise to use a conveyancer who has a fixed fee on a no sale, no fee basis. This way, you go into the conveyancing with your eyes wide open.
We are buying a 4 bedroom semi-detached house in Blackheath. Our aim is to an extension at the rear at the property.Will legal work on the property include checks to see if these works are prohibited?
Your property lawyer should review the registered title as conveyancing in Blackheath will sometimes reveal restrictions in the title documents which prohibit categories of alterations or necessitated the consent of another owner. Many additions call for local authority planning consent and approval in accordance building regulations. Many locations are designated conservation areas and special planning restrictions apply which frequently prevent or impact extensions. It would be sensible to check these issues with a surveyor ahead of any purchase.
We expect to receive a AIP from Bank of Ireland this week so we know how much we could potentially offer as otherwise we only have online calculators to go by (which aren't taking into account credit checks etc). Do Bank of Ireland recommend any Blackheath solicitors on the Bank of Ireland conveyancing panel, or is it better to find our own lawyer?
You will need to appoint Blackheath solicitors independently although you'll need to choose one on the Bank of Ireland conveyancing panel. The solicitor represents both you and Bank of Ireland through the process.
Have completed on a a detached house in Blackheath , What is the estimated time for the Land Registry to record the transfer to my name? My Blackheath conveyancing solicitor works at snail pace, so I want to be sure that my name is registered.
There is nothing unique when it comes to conveyancing in Blackheath registration formalities. As opposed to being determined by geographic area, timescales can adjust subject to the party submitting the application, whether it is in order and if the Land registry need to notify any 3rd persons or bodies. As of today approximately 80% of submission are completed in less than three weeks but occasionally there can be extensive delays. Historically registration is effected once the purchaser is living at the property therefore an expedited registration is not typically primary concern yet if there is a degree of urgency associated with the registration then you or your lawyers must contact the land registry and explain the circumstances.
The estate agent has sent us the confirmation of our purchase of a new build flat in Blackheath. Conveyancing is necessary evil at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build conveyancing.
Set out below are examples of a few leasehold new build enquiries that you may expect your new-build leasehold conveyancing in Blackheath
-
Please supply a car parking plan. Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents. Please provide evidence that the form of Lease proposed has been approved by the Land Registry. Please confirm the Lease plans are architect prepared. Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company?
I am looking for a conveyancing lawyer in Blackheath for my purchase. Is it possible to see a solicitor's complaints history with the profession’s regulator?
You may see published Solicitor Regulator Association (SRA) decisions arising from inquisitions from 2008 onwards. Go to Check a solicitor's record. For details Pre 2008, or to check a firm's history, phone 0870 606 2555, 08.00 - 18.00 Monday, Wednesday, Thursday, Friday and 09.30 - 18.00 Tuesday. For callers outside the UK, dial +44 (0)121 329 6800. The regulator could monitor call for training reasons.
I am a negotiator for a busy estate agent office in Blackheath where we have witnessed a number of leasehold sales put at risk as a result of leases having less than 80 years remaining. I have been given inconsistent advice from local Blackheath conveyancing firms. Can you confirm whether the owner of a flat can start the lease extension formalities for the purchaser on completion of the sale?
As long as the seller has been the owner for at least 2 years it is possible, to serve a Section 42 notice to start the lease extension process and assign the benefit of the notice to the purchaser. This means that the buyer need not have to sit tight for 2 years to extend their lease. Both sets of lawyers will agree to form of assignment. The assignment needs to be completed before, or at the same time as completion of the disposal of the property.
Alternatively, it may be possible to extend the lease informally by agreement with the landlord either before or after the sale. If you are informally negotiating there are no rules and so you cannot insist on the landlord agreeing to grant an extension or transferring the benefit of an agreement to the purchaser.
I have given up trying to purchase the freehold in Blackheath. Can the Leasehold Valuation Tribunal adjudicate on premiums?
Most certainly. We are happy to put you in touch with a Blackheath conveyancing firm who can help.
An example of a Lease Extension case for a Blackheath residence is 73 Walerand Road in August 2012. the result of the findings of the Tribunal led to a premium to be paid for the extended lease in respect of Flat 73 in the sum of £10,040. The premium applicable in respect of Flat 85 was £5,710. This case related to 2 flats. The number of years remaining on the existing lease(s) was 72 years.