We see that you have a search directory identifying law firms on the RBS conveyancing panel. Do firms pay you a commission if I appoint them for our conveyancing in Coulsdon?
We are a listing service only for law firms wishing to communicate if they are on the RBS conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Coulsdon.
Should our solicitor be raising questions concerning flooding during the conveyancing in Coulsdon.
The risk of flooding is if increasing concern for lawyers specialising in conveyancing in Coulsdon. There are those who purchase a house in Coulsdon, completely expectant that at some time, it may be flooded. However, leaving to one side the physical damage, where a property is at risk of flooding, it may be difficult to get a mortgage, satisfactory building insurance, or sell the property. There are steps that can be taken as part of the conveyancing process to forewarn the buyer.
Solicitors are not best placed to offer advice on flood risk, but there are a various searches that can be undertaken by the purchaser or on a buyer’s behalf which can give them a better appreciation of the risks in Coulsdon. The conventional set of information given to a purchaser’s lawyer (where the Conveyancing Protocol is adopted) incorporates a usual inquiry of the seller to discover if the premises has ever been flooded. In the event that the premises has been flooded in past which is not notified by the seller, then a buyer could commence a compensation claim as a result of such an inaccurate response. The buyer’s solicitors may also carry out an environmental search. This will disclose whether there is any known flood risk. If so, further inquiries should be made.
How does conveyancing in Coulsdon differ for new build properties?
Most buyers of new build or newly converted property in Coulsdon contact us having been asked by the developer to sign contracts and commit to the purchase even before the house is ready to move into. This is because builders in Coulsdon typically purchase 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 Coulsdon or who has acted in the same development.
Due to the advice of my in-laws I had a survey completed on a property in Coulsdon prior to retaining solicitors. I have been advised that there is a flying freehold aspect to the house. The surveyor advised that some lenders may refuse to give a loan on this type of premises.
It varies from the lender to lender. Santander has different requirements for example to Halifax. If you contact us we can check via the appropriate lender. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Coulsdon. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Coulsdon to see if the conveyancing will be more expensive.
Having checked my lease I have discovered that there are only 62 years unexpired on my flat in Coulsdon. I need to get lease extension but my landlord is can not be found. What options are available to me?
If you meet the appropriate requirements, 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 lengthened by the Court. You will be obliged to prove that you or your lawyers have done all that could be expected to find the landlord. On the whole a specialist should be useful to carry out a search and to produce an expert document which can be used as evidence that the freeholder is indeed missing. It is wise to seek advice from a conveyancer both on investigating the landlord’s disappearance and the vesting order request to the County Court covering Coulsdon.
I own a basement flat in Coulsdon. In the absence of agreement between myself and the landlord, can the Leasehold valuation Tribunal determine the amount due for a lease extension?
Absolutely. We can put you in touch with a Coulsdon conveyancing firm who can help.
An example of a Freehold Enfranchisement case for a Coulsdon residence is 223 Brighton Road in September 2013. The premium payable for the acquisition freehold of the properties should be £10,934 (Ten thousand,nine hundred and thirty four pounds) This case related to 3 flats. The unexpired term as at the valuation date was 75 years.
I previously informed by my mortgage company that their approved lawyers operate no move no charge basis for conveyancing in Coulsdon. Our purchase did not proceed and now the lawyers have requested search fees! They say the fees are nothing to do with their fees!
Coulsdon conveyancing search costs are separate expenses not solicitors fees as these are due to a third party.