Can the conveyancing practitioners listed on your site conduct right to buy conveyancing in Elmers End?
We have identified a number of conveyancing solicitors carrying out right to buy conveyancing You should contact us in order to get a conveyancing quote.
I have 70 years left on my lease and need a lease extension for my flat in Elmers End. Conveyancing solicitors on the Chelsea Building Society panel can deal with such extensions correct?
Most leasehold conveyancing experts should be able to deal with a lease extension. if you are obtaining a mortgage then your lender may insist that the lease be extended before competition. Chelsea Building Society have specific requirements as set out in the UK Finance Lenders’ Handbook in relation to minimum unexpired lease terms. As of 25/7/2024 the requirements read as follows :
Should our lawyer be raising questions about flooding as part of the conveyancing in Elmers End.
Flooding is a growing risk for solicitors dealing with homes in Elmers End. Some people will buy a house in Elmers End, completely expectant that at some time, it may suffer from flooding. However, leaving to one side the physical damage, if a house is at risk of flooding, it may be difficult to get a mortgage, suitable building insurance, or sell the property. There are steps that can be taken during the course of a property purchase to forewarn the purchaser.
Lawyers are not qualified to impart advice on flood risk, but there are a various checks that can be initiated by the purchaser or by their solicitors which will figure out the risks in Elmers End. The standard property information forms sent to a purchaser’s conveyancer (where the Conveyancing Protocol is adopted) incorporates a standard question of the vendor to find out if the property has ever been flooded. In the event that the property has been flooded in past and is not revealed by the owner, then a buyer could commence a compensation claim resulting from an misleading answer. The buyer’s conveyancers may also conduct an enviro search. This should indicate if there is any known flood risk. If so, additional inquiries will need to be initiated.
Are there restrictive covenants that are commonly picked up as part of conveyancing in Elmers End?
Restrictive covenants can be picked up when reviewing land registry title as part of the legal transfer of property in Elmers End. 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've recently found out that there is a flying freehold issue on a property I have offered on a fortnight ago in what should have been a quick, chain free conveyancing. Elmers End is the location of the property. Can you shed any light on this issue?
Flying freeholds in Elmers End are unusual but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Elmers End you would need to get your solicitor to go through the deeds diligently. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Elmers End may ascertain 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 premises.
Can you provide any advice for leasehold conveyancing in Elmers End from the perspective of saving time on the sale process?
- A significant proportion of the delay in leasehold conveyancing in Elmers End can be avoided where you get in touch lawyers the minute your agents start advertising the property and ask them to put together the leasehold information which will be required by the purchasers’ lawyers. If you have carried out any alterations to the residence would they have required Landlord’s consent? In particular have you laid down wooden flooring? Most leases in Elmers End state that internal structural alterations or installing wooden flooring require a licence from the Landlord approving such changes. If you fail to have the approvals to hand you should not contact the landlord without contacting your conveyancer before hand. Some Elmers End leases require Licence to Assign from the landlord. If this applies to your lease, you should notify your estate agents to make sure that the purchasers obtain financial (bank) and professional references. The bank reference should make it clear that the buyer is able to meet the yearly service charge and the actual amount of the service charge should be quoted in the bank’s letter. You will therefore need to provide your estate agents with the actual amount of the service charge so that they can pass this information on to the purchasers or their lawyers. If there is a history of conflict with your landlord or managing agents it is very important that these are resolved before the property is put on the market. The buyers and their solicitors will be nervous about purchasing a property where there is a current dispute. You may have to bite the bullet and pay any arrears of service charge or resolve the dispute prior to completion of the sale. It is therefore preferable to have any dispute settled prior to the contract papers being issued to the buyers’ solicitors. You are still duty bound to disclose particulars of the dispute to the purchasers, but it is clearly preferable to present the dispute as historic as opposed to unresolved.
Following years of dialogue we are unable to agree with our landlord on how much the lease extension should cost for our flat in Elmers End. Does the Leasehold Valuation Tribunal have jurisdiction to calculate the appropriate figures?
in cases where there is a missing freeholder or if there is disagreement about what the lease extension should cost, under the Leasehold Reform, Housing and Urban Development Act 1993 it is possible to make an application to the LVT to calculate the sum to be paid.
An example of a Lease Extension decision for a Elmers End residence is Flats 55, 67 & 70 Melbourne Court Anerley Road in July 2013. The tribunal calculated that the premium for the extended lease at £48,366.00 for at 55, and £88,329.00 for ats 67 and 70 combined. This case affected 1 flat. The unexpired term as at the valuation date was 26.38 years.