My partner and I have just acquired a property in Copse Hill. We have since encountered a number of problems with the property which we consider were missed in the conveyancing searches. Do we have any recourse? What searches should? have been ordered for conveyancing in Copse Hill?
The question is not clear as to the nature of the problems and if they are relate to conveyancing in Copse Hill. Conveyancing searches and due diligence initiated during the buying process are supposed to help avoid problems. As part of the process, a seller completes a document referred to as a SPIF. answers provided is misleading, you may have a misrepresentation claim against the owner for any losses that you have suffered. The survey should have identified any problems with the structure of the property. Assuming a detailed survey was carried out and the issues were not identified, you may have a claim against the surveyor. However, if you did not have a full survey, you may be responsible for fixing any defects that have now been noted. We would always encourage buyers to take every possible step to ensure they are completely aware of the condition of a property before purchase regardless of whether they are buying in Copse Hill.
What is the first thing I need to know about purchase conveyancing in Copse Hill?
You may not hear this from too many lawyers but conveyancing in Copse Hill and elsewhere in South West London is an adversarial process. Put another way, when it comes to conveyancing there exists an abundance of room for confrontation between you and others involved in the transaction. E.g., the seller, estate agent and on occasion the bank. Selecting a solicitor for your conveyancing in Copse Hill is a critical decision as your conveyancer is your adviser, and is the ONE person in the legal process whose responsibility is to act in your legal interests and to keep you safe.
There is a worrying ongoing adversarial element to conveyancing- someone has to be at fault for the process taking so long. You must always trust your lawyer above the other players in the conveyancing process.
My flat in Copse Hill is up for sale and I have accepted an offer. Will my conveyancer have to be on the Clydesdale conveyancing panel in order to deal with the discharge of my mortgage?
Ordinarily, even if your lawyer is not on the Clydesdale conveyancing panel they can still act for you on your sale. It might be that the lender will not release the original deeds (if applicable and increasingly irrelevant) until after the mortgage is paid off. You should speak to your lawyer directly before you start the process though to ensure that there is no problem as lenders are changing their specifications fairly frequently in recent years.
Over the last few months I have been searching for a leasehold apartment up to £305k and found one close by in Copse Hill I like with a park and railway links in the vicinity, however it only has 52 years unexpired on the lease. I can't really find anything else in Copse Hill for this price, so just wondered if I would be making a grave error acquiring a lease with such few years left?
Should you require a home loan the remaining unexpired lease term will be problematic. Reduce the offer by the expected lease extension will cost if it has not already been discounted. If the current owner has owned the premises for a minimum of 2 years you could ask them to start the process of the extension and then assign it to you. You can add 90 years to the existing lease and have £0 ground rent by law. You should consult your conveyancing solicitor about this matter.
I am looking to sell my property. My former solicitors has retired. It would be helpful to have a recommendation of a conveyancing firm. Im based in Copse Hill if that makes things easier.
Please use our search tool to help you choose a solicitor for your conveyancing in Copse Hill. We have connected thousands of home buyers and sellers with lender approved solicitors to ensure that the legalities of their house move runs with a minimum of fuss.
Having checked my lease I have discovered that there are only 72 years unexpired on my flat in Copse Hill. I need to extend my lease but my freeholder is can not be found. What are my options?
If you qualify, under the Leasehold Reform, Housing and Urban Development Act 1993 you can apply to the County Court for for permission to dispense with the service of the initial notice. This will mean that your lease can be extended by the magistrate. You will be obliged to demonstrate that you or your lawyers have made all reasonable attempts to locate the lessor. On the whole an enquiry agent should be helpful to conduct investigations and prepare an expert document which can be accepted by the court as proof that the freeholder can not be located. It is wise to seek advice from a conveyancer both on proving the landlord’s absence and the application to the County Court overseeing Copse Hill.
I have given up trying to reach an agreement for a lease extension in Copse Hill. Can this matter be resolved via the Leasehold Valuation Tribunal?
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 term as at the valuation date was 69.32 years.