I am buying a property without a mortgage in Carshalton. I have lived for the last 20 years in Carshalton. Conveyancing searches are exorbitant. Given that I know the area and road intimately should I not bother getting the solicitor to do all the conveyancing searches?
Provided that you do not need a mortgage, then almost all of the Carshalton conveyancing searches are optional. Your solicitor will 'advise', no-doubt strongly, that you should have searches done, but he is duty bound to take that path of advice. Do take into account; if you are going to sell the house one day, it will likely be be of relevance to your prospective buyer what the searches reveal. On occasion premises with day to day issues can still throw up adverse search results. A good conveyancing solicitor in Carshalton should be able to give you some constructive advice here.
We are expecting a mortgage offer soon. The lender mentioned the mortgage came with free conveyancing. Is the implication that I have to instruct their panel lawyer as I would much rather instruct a specialised conveyancing solicitor in Carshalton?
Do check but the chances are that appoint one of their panel solicitors if you accept the "fee-free" deal. Contact the bank to determine if they offer you a monetary alternative. Some banks have previously offered a £250 cashback as an alternative in which case you could put that amount towards the cost for your conveyancing solicitor near Carshalton.
It has been 4 months since my purchase conveyancing in Carshalton took place. I have checked the Land Registry website which shows that I paid £200,000 when infact I paid £160,000. 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 property 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.
How does conveyancing in Carshalton differ for new build properties?
Most buyers of new build property in Carshalton come to us having been asked by the developer to sign contracts and commit to the purchase even before the house is constructed. This is because builders in Carshalton usually purchase the land, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancing solicitors as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are used to new build conveyancing in Carshalton or who has acted in the same development.
Due to the guidance of my in-laws I had a survey completed on a property in Carshalton in advance of appointing conveyancers. I have been told that there is a flying freehold element to the house. The surveyor has said that some banks will not give a loan on such a property.
It depends who your proposed lender is. Lloyds has different instructions for example to Birmingham Midshires. Should you wish to call us we can look into this further with the relevant lender. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Carshalton. Conveyancing may be slightly more expensive based on your lender's requirements.
Completion is due on the sale of our £200,000 maisonette in Carshalton in just under a week. The landlords agents has quoted £408 for Certificate of Compliance, building insurance schedule and 3 years statements of service charge. Is the landlord entitled to charge an administration fee for a flat conveyance in Carshalton?
Carshalton conveyancing on leasehold maisonettes usually necessitates the buyer’s solicitor sending questions for the landlord to address. Although the landlord is not legally bound to address such questions most will be content to assist. They may levy a reasonable administration fee for responding to questions or supplying documentation. There is no set fee. The average costs for the information that you are referring to is over three hundred pounds, in some situations it is above £800. The management information fee levied by the landlord must be sent together with a summary of entitlements and obligations in respect of administration charges, otherwise the charge is technically not due. Reality however dictates that you have no choice but to pay whatever is demanded if you want to sell the property.
I have attempted and failed to negotiate with my landlord for a lease extension without any joy. Can the Leasehold Valuation Tribunal adjudicate on such matters? Can you recommend a Carshalton conveyancing firm to act on my behalf?
if there is a missing landlord or if 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 payable.
An example of a Freehold Enfranchisement case for a Carshalton property is 21 & 23 Carshalton Grove in May 2009. the Tribunal adopted the figures presented as the premiums payable by the Applicant i.e. a total of £20,750. This case related to 2 flats. The number of years remaining on the existing lease(s) was 72 years.