We are acquiring a newly built flat in Emerson Park and my lawyer is advising me that she is duty bound to the mortgage company to reveal incentives from the builder. I am on a tight deadline to exchange contracts and my preference is not to prolong matters. Is my lawyer right?
You should not exchange unless you have been advised to do so by your lawyer. A precondition to being on a bank panel is to comply with the UK Finance Lenders’ Handbook conditions. The CML Conveyancing Handbook requires that your lawyer have the appropriate Disclosure of Incentive form completed by the developer and accepted by your lender.
The deeds to my home are lost. The solicitors who handled the conveyancing in Emerson Park 10 years ago are no longer around. What do I do?
Nowadays there are copies made of almost everything, and your solicitor should be aware precisely where to find all the relevant paperwork so you may buy or sell your property without a hitch. If copies are not available, your conveyancer can put in place insurance or indemnities against possible claims on the premises.
How can the Landlord & Tenant Act 1954 impact my commercial premises in Emerson Park and how can your lawyers assist?
The particular law that you refer to gives security of tenure to commercial tenants, granting the right to make a request to court for a new tenancy and continue in occupation when the lease comes to an end. There are certain specified grounds that a landlord can refrain from granting a lease renewal and the rules are complex. We are happy to direct you to commercial conveyancing firms who use the act for protection and help with commercial conveyancing in Emerson Park
I am using a search engine for the phrase conveyancing in Emerson Park it shows results of numerous solicitorslocally. How do I determine which is the suitable conveyancing solicitor for the sale of my house?
The preferential method of choosing the right conveyancer is via trusted referral, so seek the guidance of colleagues and family who have acquired a property in Emerson Park or the local estate agent or financial adviser. Costs for conveyancing in Emerson Park differ, so it's a good idea to obtain a minimum of four estimates from different companies. Make sure that you clarify that the costs are assured not to increase.
I am on look out for some leasehold conveyancing in Emerson Park. Before I get started I require certainty as to the number of years remaining on the lease.
If the lease is registered - and 99.9% are in Emerson Park - then the leasehold title will always include the basic details 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 proprietor of a basement flat in Emerson Park. In the absence of agreement between myself and the landlord, can the Leasehold valuation Tribunal make a decision on the amount due for a lease extension?
Most definitely. We can put you in touch with a Emerson Park conveyancing firm who can help.
An example of a Lease Extension case for a Emerson Park flat is 37 Lodge Court High Street in November 2013. the decision of the LVT was that the premium to be paid for the new lease was £25,559 This case related to 1 flat. The unexpired term as at the valuation date was 57.5 years.
I am short of a 10% deposit on my apartment purchase in Emerson Park , but I still want to exchange. What can I do?
One option is to try and accept a smaller deposit. Many sellers will agree to a lower deposit or even no deposit for a first time buyer or 100% mortgage. Be aware though that if you fail to complete you will still need to hand over a minimum of 10% of the purchase price regardless of how much deposit was agreed.
You can also agree a simultaneous exchange and completion as no deposit is required for this however neither party will be tied in until completion actually takes place and it can be risky if sellers change their mind at the last moment