Last May we completed a house move in Dulwich. We have since encountered a number of issues with the house which we believe were missed in the conveyancing searches. Is there anything we can do? Can you clarify the nature of searches that should have been ordered as part of conveyancing in Dulwich?
The query is not clear as to the nature of the problems and if they are unique to conveyancing in Dulwich. Conveyancing searches and due diligence initiated during the legal transfer of property are designed to help avoid problems. As part of the process, a seller answers a document known as a SPIF. answers ends up being inaccurate, then you may have a 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 Dulwich.
I am the registered owner of a freehold residence in Dulwich yet charged rent, why is this and what is this?
It is rare for properties in Dulwich and has limited impact for conveyancing in Dulwich but some freehold properties in England (particularly common in North West England) pay an annual sum known as a Chief Rent or a Rentcharge to a third party who has no other legal interest in the land.
Rentcharge payments are usually between £2.00 and £5.00 per year. Rentcharges have existed for many centuries, but the Rent Charge Act 1977 barred the generation of fresh rentcharges from 1977 onwards.
Previous rentcharges can now be extinguished by making a one off payment under the Act. Any rentcharges that are still in existence after 2037 will be extinguished.
Should commercial conveyancing searches reveal impending roadworks that may affect a commercial land in Dulwich?
Its becoming the norm that commercial conveyancing solicitors in Dulwich will carry out a SiteSolutions Highways report as it dramatically cuts the time that conveyancers expend in researching accurate data on highways that impact buildings and development assets in Dulwich. The search result sets out definitive information on the adoption status of roads, footpaths and verges, as well as the implication of traffic schemes and the rights of way surrounding a commercial development sites in Dulwich.
For every commercial conveyancing transaction in Dulwich it is critical to investigate the adoption status of roads surrounding a site. The absence of identifying developments where adoption procedures have not been addressed adequately could cause delays to Dulwich commercial conveyancing deals as well as present a risk to future plans for the site. These searches are not ordered for residential conveyancing in Dulwich.
I have recentlyfound out that Stirling Law have closed. They carried out my conveyancing in Dulwich for a purchase of a freehold house 18 months ago. How can I check that my home is in my name in the name of the former proprietor?
The quickest way to see if the property is in your name, you can make a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Dulwich conveyancing specialists.
Is there anything unique about your site and other online quote calculators for conveyancing in Dulwich?
At this site secure an accurate quote via a Solicitor or Licensed Conveyancer that has a full understanding of the issues of your conveyancing in Dulwich. Unlike many estate agents and many comparison sites we are not in the business of charging firms a fee if you instruct them for your conveyancing in Dulwich
We have reached the end of our tether in seeking a lease extension in Dulwich. Can the Leasehold Valuation Tribunal adjudicate on premiums?
in cases where there is a missing landlord or if there is dispute about what the lease extension should cost, under the relevant statutes you can apply to the LVT to determine the price payable.
An example of a Lease Extension case for a Dulwich premises 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 related to 1 flat. The remaining number of years on the lease was 64 years.
What makes a Dulwich lease problematic?
There is nothing unique about leasehold conveyancing in Dulwich. All leases are drafted differently and drafting errors can result in certain clauses are missing. The following missing provisions could result in a defective lease:
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Clauses dealing with recovering service charges for expenditure on the building or common parts. A duty to insure the building
You may encounter a problem when selling your property if you have a defective lease as they can affect a potential buyer’s ability to obtain a mortgage. National Westminster Bank, Virgin Money, and Platform Home Loans Ltd all have express conveyancing instructions when it comes to what is expected in a lease. Where a lender has been advised by their lawyers that the lease does not cover certain provisions they may refuse to grant the mortgage, obliging the buyer to pull out.