My partner and I are purchasing our first property. The conveyancer has texted usto enquire if we wish to order additional conveyancing searches. Unfortunately we have no idea as to what's needed for conveyancing in Dulwich
The range of Dulwich conveyancing searches should be dictated primarily on the premises, the location, the likelihood of any of these risks, your knowledge of the locality and risks, your overall approach to risk. What matters is that you adequately comprehend what information each search could provide. You may then make a decision if you consider that you need that search. Should you be unclear, ask your conveyancing practitioner to provide guidance.
We are purchasing a house and the lawyer has raised the issue of Chancel Repair for which the property may be obligated to contribute to as it falls into the area of such a church. He has suggested insurance. Is this strictly necessary for conveyancing in Dulwich
Unless a prior acquisition of the house completed post 12 October 2013 you may expect conveyancing practitioners carrying out conveyancing in Dulwich to continue to recommend a chancel search and or chancel repair liability insurance.
3 months have elapsed since my purchase conveyancing in Dulwich completed. I have checked the Land Registry website which shows that I paid £150,000 when infact I paid £170,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the premises from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
I've recently found out that there is a flying freehold issue on a house I have offered on two weeks back in what was supposed to be a simple, chain free conveyancing. Dulwich is where the house is located. Is there any advice you can give?
Flying freeholds in Dulwich are not the norm but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Dulwich you must be sure that your lawyer goes through the deeds very carefully. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Dulwich may decide that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold property.
We're novice buyers - agreed a price, but the selling agent informed us that the vendor will only go ahead if we instruct their recommended conveyancers as they want an ‘expedited deal’. Our preferred option is to instruct a local solicitor used to conveyancing in Dulwich
It is improbable the vendors are behind this. Should the seller require ‘a quick sale', taking such a hostile approach to a genuine buyer is is going to put the whole deal at risk. Bypass the agents and go straight to the owners and explain that (a)you are serious buyers (b)you are excited to move forward, with finances arranged © you have nothing to sell (d) you intend to proceed fast (e)but you intend to instruct your preferred Dulwich conveyancing lawyers - not the ones that will provide their negotiator at the agency a introducer fee or hit his conveyancing targets set by senior management.
All being well we will complete the disposal of our £275,000 garden flat in Dulwich next week. The managing agents has quoted £420 for Landlord’s certificate, building insurance schedule and previous years statements of service charge. Is the landlord entitled to charge exorbitant fees for a flat conveyance in Dulwich?
Dulwich conveyancing on leasehold maisonettes usually necessitates the purchaser’s lawyer submitting enquiries for the landlord to answer. Although the landlord is not legally bound to answer such questions the majority will be willing to do so. They are entitled to invoice a reasonable administration fee for answering questions or supplying documentation. There is no upper cap for such fees. The average fee for the information that you are referring to is over three hundred pounds, in some transactions it exceeds £800. The management information fee invoiced by the landlord must be accompanied by a summary of rights and obligations in relation to administration fees, otherwise the charge is technically not due. Reality however dictates that one has little option but to pay whatever is demanded should you wish to complete the sale of your home.
I am the registered owner of a ground floor flat in Dulwich. In the absence of agreement between myself and the freeholder, can the Leasehold valuation Tribunal determine the premium payable for a lease extension?
You certainly can. We can put you in touch with a Dulwich conveyancing firm who can help.
An example of a Lease Extension matter before the tribunal for a Dulwich residence is 60 Taymount Grange Taymount Rise in June 2012. The Tribunal determined the premium at £13,346 for a lease extension of a further 90 years This case was in relation to 1 flat. The number of years remaining on the existing lease(s) was 64 years.