I have given 8 weeks notice to my existing landlord and have to leave my rented flat in Copse Hill by 28/7/2025. Conveyancing for my house purchase is progressing. How realistic is it to complete in a couple of weeks as I wish to avoid having to move into temporary accommodation?
It is unwise to provide notice on a rental unless your lawyer suggests that you should. If you have not previously done so, update to your conveyancer and request that they seek the assistance the sellers lawyers, try to an acceptable time-line that everyone will aim towards
We are buying a apartment in Copse Hill. I might seem paranoid but how we can trust a conveyancer? On the day of competition we will need to put money into their account. What is the protection we have from them run away with our money?
Be assured that all money in a Solicitors client account is 100% safe, and even if your Solicitor ran off with it, the Law Society would reimburse you fully.
After weeks of negotiation I have agreed a price on a house in Copse Hill. My mortgage broker pressured me to appoint their property lawyer. I paid an upfront payment of £150. Shortly after, the conveyancer called me sheepishly admitting that they were not on the TSB conveyancing panel. Am I right in thinking that I should be due a refund?
You should be able to recover this from the law firm if they were not on the TSB panel. They should have asked at the outset which lender you were obtaining a mortgage with. An important lesson to readers of this site is to check that the lawyers are on the appropriate lender panel.
Lloyds have agreed my home loan in principle, my offer on a property in Copse Hill has been accepted, what happens next?
The estate agent will wish to know who your solicitors are (ensure that the property lawyers are on the bank’s approved list). Contact Lloyds or your financial adviser and finalise any outstanding documentation. Lloyds will instruct a valuer who will get in contact with the selling agent or vendor to arrange an appointment. Once conducted (assuming no problems) it takes about a fortnight for the mortgage offer to be issued. Lloyds will issue the offer to you and your conveyancing practitioners. The legal work will then take it’s course according the nature and complexity of the conveyancing in Copse Hill.
Various web forums that I have frequented warn that are the main reason for delay in Copse Hill house deals. Is that correct?
The Council of Property Search Organisations (CoPSO) released conclusions of research by MoveWithUs that conveyancing searches do not figure within the top 10 causes of hindrances in the conveyancing process. Searches are unlikely to feature in any slowing down conveyancing in Copse Hill.
Over the last few months I have been searching for a ground for flat up to £245,000 and identified one near me in Copse Hill I like with open areas and railway links nearby, the downside is that it only has 51 years on the lease. There is not much else in Copse Hill in this price bracket, so just wondered if I would be making a grave error acquiring a lease with such few years left?
If you require a home loan the shortness of the lease will be an issue. Reduce the price by the anticipated lease extension will cost if not already taken into account. If the existing proprietor has owned the premises for at least 2 years you could ask them to commence the lease extension formalities and pass it to you. You can add 90 years to the existing lease term with a zero ground rent applied. You should consult your conveyancing lawyer about this matter.
In searching the internet for the phrase on line conveyancing in Copse Hill it brings up many solicitorsin the area. How do I determine which is the right solicitor for my move?
The preferential way of seeking the right conveyancer is through a trusted recommendation, so seek the counsel of colleagues and those you trust who have acquired a property in Copse Hill or a respected estate agent or financial adviser. Fees for conveyancing in Copse Hill differ, so it's a good idea to secure at least four fee calculations from different companies. Be sure to obtain confirmation that the fees are fixed.
We expect to complete our sale of a £150,000 maisonette in Copse Hill on Monday in a week. The landlords agents has quoted £360 for Certificate of Compliance, insurance certificate and previous years service charge statements. Is it legal for a freeholder to charge such fees for a flat conveyance in Copse Hill?
For most leasehold sales in Copse Hill conveyancing will involve, queries regarding the management of a building inevitably needing to be answered directly by the freeholder or its agent, this includes :
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Addressing pre-exchange enquiries
Where consent is required before sale in Copse Hill
Copies of the building insurance and schedule
Deeds of covenant upon sale
Registering of the assignment of the change of lessee after a sale
My wife and I have hit a brick wall in trying to purchase the freehold in Copse Hill. Can the Leasehold Valuation Tribunal adjudicate on premiums?
Most definitely. We can put you in touch with a Copse Hill conveyancing firm who can help.
An example of a Lease Extension matter before the tribunal for a Copse Hill flat is 83 Balvernie Grove in February 2012. The Tribunal assessed the price to be paid by the leaseholder to the freeholder for the lease extension pursuant to section 48 of the Leasehold Reform Housing & Urban Development Act 1993 should be£16,603.00 This case affected 1 flat. The unexpired residue of the current lease was 69.32 years.