I have given 2 months notice to my existing landlord and have to be out of my let out apartment in Coulsdon by 8/5/2024. Conveyancing on my purchase has just started. How realistic is it to complete in a couple of weeks as don't want to have to find short term accommodation?
It is unwise to give notice for your tenancy until you have exchanged. Assuming that you have not already done so, update to your conveyancer and request that they cajole the sellers lawyers, try to a target completion date that everyone will aim towards
Are the BSA planning on creating a search tool with a view to to identify practices on the Coventry BS conveyancing panel for instance in Coulsdon?
We would not expect to be advised of any plans on the part of the BSA to promote such a search facility.
I used Arc property Solicitors a few years past for my conveyancing in Coulsdon. Now, I need the files but the law firm is no longer operating. What do I do?
You should call the Solicitors Regulatory Authority (SRA) to help locate your conveyancing files. They can be contacted on please contact on 0870 606 2555. Alternatively, you should use their online form to make an enquiry. You will need to provide the SRA with as much information as possible to assist their search, including the name and address in Coulsdon of the conveyancing firm of solicitors you previously used, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.
I'm purchasing my first flat in Coulsdon benefiting from help to buy. The builders would not reduce the price so I negotiated £7000 of additionals instead. The property agent told me not reveal to my solicitor about the side-deal as it may impact my loan with the lender. Is this normal?.
All lenders require a Disclosure of Incentives Form from the builder of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.
Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.
Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.
Is there anything unique about your site and alternative online quote calculators for conveyancing in Coulsdon?
At this site receive a fixed fee quote via a Solicitor or Licensed Conveyancer that appreciates the issues of your conveyancing in Coulsdon. Unlike many estate agents and brokerage sites we do not operate referral arrangements with solicitors. Some agents and online brokers 'recommend' solicitors that pays the most per referral, not the best value conveyancing in Coulsdon
Do you have any advice for leasehold conveyancing in Coulsdon with the aim of saving time on the sale process?
- A significant proportion of the delay in leasehold conveyancing in Coulsdon can be bypassed if you get in touch lawyers the minute your agents start advertising the property and request that they start to put together the leasehold information needed by the purchasers’ solicitors. If you hold a share in a the freehold, you should make sure that you have the original share document. Obtaining a replacement share certificate is often a time consuming process and delays many a Coulsdon home move. If a new share is required, do contact the company director and secretary or managing agents (where applicable) for this at the earliest opportunity. If there is a history of any disputes with your freeholder or managing agents it is essential that these are resolved before the property is put on the market. The purchasers and their solicitors will be nervous about purchasing a flat where there is an ongoing dispute. You may need to swallow your pride and pay any arrears of service charge or settle the dispute prior to completion of the sale. It is therefore preferable to have any dispute settled ahead of the contract papers being issued to the buyers’ solicitors. You will still have to reveal particulars of the dispute to the buyers, but it is better to present the dispute as over rather than unresolved. In the event that you altered the property did you need the Landlord’s approval? Have you, for example laid down wooden flooring? Most leases in Coulsdon state that internal structural alterations or addition of wooden flooring necessitate a licence issued by the Landlord acquiescing to such works. If you fail to have the approvals in place you should not contact the landlord without checking with your lawyer in advance. The majority of freeholders or managing agents in Coulsdon charge for supplying management packs for a leasehold home. You or your lawyers should discover the fee that they propose to charge. The management pack can be applied for on or before finding a buyer, thus reducing delays. The typical amount of time it takes to receive management information is three weeks. It is the most frequent cause of frustration in leasehold conveyancing in Coulsdon.
I inherited a second floor flat in Coulsdon. Given that I can not reach agreement with the freeholder, can the Leasehold valuation Tribunal make a decision on the sum due for a lease extension?
in cases where there is a missing freeholder or where there is disagreement about what the lease extension should cost, under the relevant legislation it is possible to make an application to the LVT to decide the price.
An example of a Freehold Enfranchisement decision for a Coulsdon property 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 was in relation to 3 flats. The remaining number of years on the lease was 75 years.