Would the conveyancing practitioners identified via your search tool carry out auction conveyancing in Charterhouse?
We know of a few niche practitioners we can connect you with those conducting auction conveyancing. Charterhouse is just one of hundreds of areas of in which our lawyers cover.
Completed the sale of my flat in Charterhouse last November but the buyer keeps calling me to say her conveyancer is waiting to hear from mine. What are the post completion sale formalities now that I have sold?
After completion of your sale your lawyer is duty bound to deliver the transfer deeds and all supplemental paperwork to the buyer’s conveyancer. If applicable, your solicitor must also send confirmation that the mortgage has been redeemed to the buyers conveyancers. There is unlikely to be post completion steps just for conveyancing in Charterhouse.
Have just purchased a probate house at auction in Charterhouse. Conveyancing is required. What happens now?
Having legally bound yourself to purchase you will need to choose a conveyancing practitioner quickly as you are facing a pending a fixed date to complete the transaction. An auction property will ordinarily have a corresponding legal set of papers. This should include most,if not all of the paperwork that your solicitor requires. In the case of leasehold premises the conveyancing pack should contain a copy of the lease, management information and a sellers leasehold information form and associated conveyancing documentation relating to leasehold premises. You need to pass this on to your appointed conveyancing solicitor as soon as possible. You also need to ensure that your finances are organised to complete the transaction on the set completion date.
I am buying a victorian detached house in Charterhouse. We would like to convert the garage to an office at the house.Will the conveyancing process involve enquiries to determine if these works are allowed?
Your solicitor should check the deeds as conveyancing in Charterhouse will sometimes reveal restrictions in the title deeds which restrict categories of alterations or need the consent of another owner. Certain extensions call for local authority planning permissions and approval in accordance building regulations. Some areas are designated conservation areas and special planning restrictions apply which frequently prevent or impact extensions. It would be prudent to check these issues with a surveyor before you commit yourself to a purchase.
I currently have a mortgage with Lloyds for my property in Charterhouse. Conveyancing was finalised 12 months ago. Should I wish to rent out my property and do not currently have a buy-to-let mortgage do I need to remortgage to a BTL mortgage or inform Lloyds?
Your original mortgage agreement with Lloyds will provide that you need their approval in advance of letting out your property as this is likely to be a breach of Lloyds’s mortgage conditions. In many cases banks or building societies will allow you to rent out your former home without needing to switch to a buy-to-let mortgage but some lenders will add a surcharge to your mortgage rate to reflect the higher risk. You should contact Lloyds directly. You need not do this via a Lloyds conveyancing panel firm.
How does conveyancing in Charterhouse differ for new build properties?
Most buyers of new build property in Charterhouse come to us having been asked by the builder to exchange contracts and commit to the purchase even before the premises is completed. This is because builders in Charterhouse typically 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 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 accustomed to new build conveyancing in Charterhouse or who has acted in the same development.
I was recommended by a number of property agents in Charterhouse to find a solicitor using your seach tool. What’s the financial incentive for Estate Agents to offer your lawyers rather than another?
We don’t make any referral fee for sending work our way. We thought it would be too underhand to pay a commission because a client could think, ‘Why is the agent getting a kickback? Why aren’t I getting any benefit too?’ So we decided to step away from that.
I today plan to offer on a house that appears to meet my requirements, at a reasonable price which is making it all the more appealing. I have since been informed that it's a leasehold as opposed to freehold. I am assuming that there are particular concerns purchasing a leasehold house in Charterhouse. Conveyancing solicitors have are about to be appointed. Will they explain the issues?
The majority of houses in Charterhouse are freehold rather than leasehold. This is one of the situations where having a local solicitor used to dealing with such properties who can assist with the conveyancing process. We note that you are buying in Charterhouse so you should seriously consider shopping around for a Charterhouse conveyancing solicitor and check that they have experience in dealing with leasehold houses. As a matter of priority you will need to check the unexpired lease term. As a lessee you will not be at liberty to do whatever you want to the property. The lease comes with conditions such as requiring the freeholder’sconsent to carry out changes to the property. You may also be required to pay a contribution towards the upkeep of the communal areas where the property is located on an estate. Your solicitor will appraise you on the various issues.
I have tried to negotiate informally with with my landlord for a lease extension without getting anywhere. Can one apply to the Leasehold Valuation Tribunal? Can you recommend a Charterhouse conveyancing firm to act on my behalf?
if there is a missing landlord or if there is dispute about the premium for a lease extension, under the relevant legislation you can apply to the First-tier Tribunal (Property Chamber) to determine the sum to be paid.
An example of a Lease Extension decision for a Charterhouse residence is Flat 89 Trinity Court Grays Inn Road in February 2013. the Tribunal found that the premium to be paid by the tenant on the grant of a new lease, in accordance with section 56 and Schedule 13 to the Leasehold Reform, Housing and Urban Development Act 1993 should be £36,229. This case affected 1 flat. The unexpired residue of the current lease was 66.8 years.