As someone not used to the East Croydon conveyancing process what is your top tip you can impart concerning the house moving process in East Croydon
Not many law firms or advisers will tell you this but conveyancing in East Croydon and elsewhere in South London is often a confrontational process. Put another way, when it comes to conveyancing there is lots of room for confrontation between you and others involved in the ownership transfer. For example, the vendor, property agent and even potentially your bank. Selecting a law firm for your conveyancing in East Croydon an important selection as your conveyancer is your adviser, and is the SOLE party in the legal process whose interest is to act in your best interests and to protect you.
We are witnessing a worrying ongoing adversarial element to conveyancing- someone has to be blamed for the process being so protracted. You must always trust your lawyer ahead of all other players when it comes to the legal assignment of property.
My fiance and I are buying a purpose built flat in East Croydon with a homeloan from Yorkshire Building Society.We have a East Croydon conveyancing practitioner but Yorkshire Building Society says his firm is not listed on their approved list of firms. We have to appoint a Yorkshire Building Society panel solicitor or retain our high street solicitor and pay for one of their panel ones to act for them. This seems very unfair; is there anything we can do?
No, not really. The loan offered to you is subject to its various provisions, one of which will be that solicitors will be on the Yorkshire Building Society approved list. Until recently, most lenders had large numbers of law firms on their panels: a borrower could find one for themselves, as long as it was on the lender's panel. The lender would then simply instruct the borrower's lawyers to act for the lender, too. You can use your lender's panel lawyers or you could borrow from another lender which does not restrict your choice. A further alternative is for your solicitors to apply to be on the conveyancing panel for Yorkshire Building Society
Are there restrictive covenants that are commonly picked up during conveyancing in East Croydon?
Covenants that are restrictive in nature can be picked up when reviewing land registry title as part of the legal transfer of property in East Croydon. 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…’
I have been on the look out for a flat up to £235,500 and found one round the corner in East Croydon I like with amenity areas and station in the vicinity, the downside is that it's only got 49 years unexpired on the lease. I can't really find anything else in East Croydon for this price, so just wondered if I would be making a mistake purchasing a short lease?
If you require a mortgage the remaining unexpired lease term will likely be a potential deal breaker. Discount the price by the expected lease extension will cost if not already taken into account. If the current owner has owned the property for a minimum of twenty four months you may request that they commence the lease extension formalities and then assign it to you. You can add 90 years to the current lease term with a zero ground rent applied. You should consult your conveyancing lawyer regarding this.
As co-executor for the estate of my aunt I am disposing of a residence in Swansea but I am based in East Croydon. My conveyancer (who is 260 miles awayrequires that I execute a stat dec prior to completion. Could you suggest a conveyancing solicitor in East Croydon who can attest and place their company stamp on the document?
Technically speaking you are not likely to need to have the documents attested by a conveyancing solicitor. Ordinarily any notary public or solicitor will do regardless of whether they are located in East Croydon
I am on look out for some leasehold conveyancing in East Croydon. Before I get started I would like to find out the remaining lease term.
Assuming the lease is registered - and 99.9% are in East Croydon - then the leasehold title will always include the short particulars of the lease, namely the date; the term; and the original parties. From a conveyancing perspective such details then enable any prospective buyer and lender to confirm that any lease they are looking at is the one relevant to that title. For any other purpose, such as confirming how long the term was granted for and calculating what is left, then the register should be sufficient on it's own.
I am the leaseholder of a ground floor flat in East Croydon. Given that I can not reach agreement with the freeholder, can the Leasehold valuation Tribunal make a decision on the sum payable for the purchase of the freehold?
You certainly can. We can put you in touch with a East Croydon conveyancing firm who can help.
An example of a Freehold Enfranchisement decision for a East Croydon property is 29 Woodstock Road in April 2014. the Tribunal determined that the premiums to be paid into court in respect of the purchase of the freehold registered at HMLR under Title N0.SY3997 should be £7,217. This case related to 4 flats. The number of years remaining on the existing lease(s) was 98 years.