I need some fast conveyancing in Chiswick as I am under a deadline to sign on the dotted line in less than 4 weeks. A home loan is not required. Is it possible to avoid the conveyancing searches to save money and time?
If.Given you are not taking a home loan you are at liberty not to do searches although no law firm would recommend that you don't. Drawing on our experience of conveyancing in Chiswick the following are examples of what can be revealed and therefore affect market value: Enforcement Actions, Outstanding Charges, Overdue Grants, Unadopted Roads,...
My wife and I purchased a 4 bedroom Victorian property in Chiswick. Conveyancing practitioner represented me and Yorkshire Building Society. I did a free Land Registry search last week and there are two entries: the first freehold, the second leasehold with the matching address. I'd like to know for sure, how can I find out??
You should assess the Freehold register you have again and check the Charges Register for mention of a lease. The best way to be sure that you are also the registered owner of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Chiswick and other locations in the country and poses no real issues for owners other than when they buy they have to account for both freehold and leasehold interests when dealing with lenders. You can also question the situation with the conveyancing lawyer who conducted the purchase.
Over the last few months I have been searching for a flat up to £245,000 and found one close by in Chiswick I like with open areas and railway links nearby, however it's only got 49 years unexpired on the lease. There is not much else in Chiswick in this price bracket, so just wondered if I would be making a mistake buying a lease with such few years left?
Should you require a mortgage the remaining unexpired lease term will be problematic. Reduce the price by the anticipated lease extension will cost if not already taken into account. If the existing proprietor has owned the property for a minimum of 2 years you may request that they commence the lease extension formalities and pass it to you. You can add 90 years to the current lease term and have £0 ground rent by law. You should consult your conveyancing lawyer about this matter.
In my capacity as executor for the will of my uncle I am disposing of a residence in Cardiff but reside in Chiswick. My conveyancer (approximately 250 kilometers from meneeds me to sign a stat dec prior to the transaction finalising. Could you suggest a conveyancing lawyer in Chiswick to witness and place their company stamp on the document?
strictly speaking you are not likely to need to have the documents witnessed by a conveyancing solicitor. Normally or notary public or solicitor will suffice regardless of whether they are Chiswick based
There are only 68 years remaining on my flat in Chiswick. I now wish to extend my lease but my freeholder is missing. What should I do?
On the basis that you qualify, under the Leasehold Reform, Housing and Urban Development Act 1993 you can apply to the County Court for an order to dispense with the service of the initial notice. This will mean that your lease can be granted an extra 90 years by the Court. However, you will be required to prove that you or your lawyers have done all that could be expected to track down the freeholder. On the whole a specialist would be helpful to conduct investigations and prepare a report which can be used as proof that the landlord is indeed missing. It is wise to seek advice from a conveyancer both on proving the landlord’s absence and the vesting order request to the County Court overseeing Chiswick.
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 Chiswick conveyancing firm to represent me?
in cases where there is a absentee landlord or where there is disagreement about the premium for a lease extension, under the relevant legislation it is possible to make an application to the First-tier Tribunal (Property Chamber) to arrive at the premium.
An example of a Lease Extension matter before the tribunal for a Chiswick flat is Flat 1 30 Ennismore Avenue in September 2010. the Tribunal adopted and arrived at a premium for the lease extension of £29, 900 This case was in relation to 1 flat. The unexpired term as at the valuation date was 68.34 years.
My wife and I have had DIP from Birmingham Midshires who suggested we could borrow up to £218k. At what point do I need to instruct a lawyer for conveyancing? Chiswick is where we plan to move to.
It would be wise to instruct a conveyancing practitioner now so that the conveyancing practitioner can open the ledger so they can commence the ID checks etc. If and when you wish them to start work they will seek a payment on account usually approximately £175. That should generally be once you have the loan offer from the bank and survey back, however should you wish to expedite matters you can start sooner albeit risking some expense.