I plan on purchasing a maisonette in Carshalton. My Solicitor has never been on on the mortgage company solicitor list. Can I still appoint my Carshalton conveyancing solicitor even though they are not on the bank panel?
You have numerous options open to you here
- Proceed with your preferred Carshalton conveyancer but your bank will need to instruct a conveyancing practitioner from their approved panel. This will result in additional charges together with probable delay.
- Get a new lawyer to act in the purchase, obviously checking they are on the bank conveyancing panel.
- Convince your property lawyer to seek to join the bank panel
Do commercial conveyancing searches reveal proposed roadworks that could affect a commercial property in Carshalton?
Many commercial conveyancing solicitors in Carshalton will carry out a SiteSolutions Highways report as it reduces the time that conveyancers invest in looking into accurate data on highways that impact buildings and development assets in Carshalton. The search result sets out definitive information on the adoption status of roads, footpaths and verges, as well as the implication of traffic schemes and the rights of way surrounding a commercial development sites in Carshalton.
For every commercial conveyancing transaction in Carshalton it is crucial to investigate the adoption status of roads surrounding a site. The absence of identifying developments where adoption procedures have not been addressed adequately may result in delays to Carshalton commercial conveyancing transactions as well as present a risk to future intentions for the site. These searches are not conducted for residential conveyancing in Carshalton.
It has been 2 months following my purchase conveyancing in Carshalton took place. I have checked the Land Registry website which shows that I paid £150,000 when infact I paid £215,000. 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 premises 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 premises in Carshalton approach us having been asked by the housebuilder to exchange contracts and commit to the purchase even before the house is finished. This is because builders in Carshalton tend to acquire 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 conveyancers 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.
I decided to have a survey carried out on a property in Carshalton prior to appointing conveyancers. I have been informed that there is a flying freehold overhang to the house. Our surveyor has said that some lenders tend refuse to give a loan on this type of property.
It depends who your proposed lender is. Bank of Scotland has different requirements for example to Birmingham Midshires. Should you wish to call us we can check with the relevant lender. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Carshalton. Conveyancing may be slightly more expensive based on your lender's requirements.
I am on look out for some leasehold conveyancing in Carshalton. Before I get started I want to be sure as to the number of years remaining on the lease.
If the lease is recorded at the land registry - and 99.9% are in Carshalton - then the leasehold title will always include the basic details of the lease, namely the date; the term; and the original parties. From a conveyancing perspective such details then enable any prospective buyer and lender to confirm that any lease they are looking at is the one relevant to that title. For any other purpose, such as confirming how long the term was granted for and calculating what is left, then the register should be sufficient on it's own.
I have tried to negotiate informally with with my landlord for a lease extension without success. Can the Leasehold Valuation Tribunal adjudicate on such matters? Can you recommend a Carshalton conveyancing firm to assist?
in cases where there is a missing freeholder or where there is disagreement about the premium for a lease extension, under the Leasehold Reform, Housing and Urban Development Act 1993 it is possible to make an application to the Leasehold Valuation Tribunal to judgment on the amount due.
An example of a Freehold Enfranchisement decision for a Carshalton premises 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 affected 2 flats. The unexpired lease term was 72 years.