Is it the case that all Crayford solicitors on the TSB conveyancing panel are overseen by the SRA?
As a firm of solicitors, in order to be on the TSB conveyancing panel they would need to be regulated by the Solicitors Regulatory Authority. The majority of banks do allow licenced conveyancers on their panel in which case such firms would be governed by the Council of Licensed Conveyancers.
I had a mortgage agreed in principle with Aldermore. Crayford conveyancing solicitors are instructed. What is the average time that one could expect to receive a mortgage offer from Aldermore?
Some lenders take longer than others. Have Aldermore conducted the survey? Have you advised Aldermore as to your lawyers' details and checked that your lawyers are on the Aldermore conveyancing panel? It is not unusual for a mortgage offer to take a month to come through.
My wife and I are spending time looking at apartments in Crayford and I am now considering a potential offer. Is it advisable to have a conveyancer on ‘stand by’? I intend to finance via a mortgage with Lloyds.
You should start requesting conveyancing quotes from solicitors ASAP. After you have chosen your lawyer and once your offer is accepted you can instruct them to work for you and forward their details on to the selling agent. As you are taking out a mortgage with Lloyds, make sure you remember to check that your lawyer is on the Lloyds conveyancing panel.
I require fast conveyancing in Crayford as I have an ultimatum to complete inside one month. A mortgage is not required. Is it possible to decline from having conveyancing searches to save money and time?
If.Given you are are a mortgage free buyer you are at liberty not to have searches carried out although no conveyancer would advise that you don't. Drawing on years of experience of conveyancing in Crayford the following are examples of what can arise and therefore affect future mortgageability: Enforcement Notices, Outstanding Fees, Overdue Grants, Railway Schemes,...
Are there restrictive covenants that are commonly picked up as part of conveyancing in Crayford?
Restrictive covenants can be picked up when reviewing land registry title as part of the legal transfer of property in Crayford. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
Is it best to go with a Crayford conveyancing solicitor who is local to the property I am purchasing? An old friend can deal with the legal formalities but they are based 400miles drive away.
The benefit of a high street Crayford conveyancing practice is that you can drop in to sign documents, present your identification documents and pester them if necessary. Having local Crayford know how is a plus. However it's more important to get someone that will do a good and efficient job. If if people you trust instructed your friend and on the whole were impressed that must trump using an unknown Crayford conveyancing solicitor just because they are local.
Looking forward to exchange soon on a basement flat in Crayford. Conveyancing lawyers inform me that they will have a report out to me on Monday. Are there areas in the report that I should be focusing on?
The report on title for your leasehold conveyancing in Crayford should include some of the following:
You should know if the lease allows you to change or upgrade aspects of the flat- you should know whether any restrictions applies to all alterations or just structural alteration, and whether permission is required Responsibility to repair and maintain the building. It is important that you know which party is liable for the repair and maintenance of every part of the building Your solicitors should enable you to have an understanding of the insurance provisions Information concerning the obligations in the lease to to contribute towards maintenance costs - in respect of the block, and the wider rights a lessee has Whether the landlord has obligations to ensure rights of quiet enjoyment over your premises and do you know what it means in practice?
I have had difficulty in seeking a lease extension in Crayford. Can this matter be resolved via the Leasehold Valuation Tribunal?
Where there is a missing freeholder or if there is disagreement about the premium for a lease extension, under the relevant legislation you can apply to the Leasehold Valuation Tribunal to judgment on the price payable.
An example of a Lease Extension matter before the tribunal for a Crayford residence is Various @ Colombus Square in January 2012. the Tribunal calculated the premiums to be paid for new leases for each of the flats in Mariners Walk to be £3822 and the premium to be paid for the new lease of 2 Knights Court to be £4439. This case affected 13 flats. The unexpired term was 76 years.
My boyfriend is purchasing a studio flat in Crayford. He has received an estimate by the lawyer suggested by the selling agents totaling £1156 . It was eight years ago since I sold and purchased a property and it cost was £495. Have charges really escalated to that extent?
What does the conveyancing estimate include? Is it just for the legal fees, or what you will be paying in total (for example Crayford searches, land registry fees, etc)