My brother and I have recently purchased a property in Erith. We have since encountered a number of problems with the property which we suspect were overlooked in the conveyancing searches. What action can we take? What searches should? have been carried out as part of conveyancing in Erith?
It is not clear from the question as to the nature of the problems and if they are specific to conveyancing in Erith. Conveyancing searches and investigations undertaken as part of the legal transfer of property are designed to help avoid problems. As part of the legal transfer of property, a property owner answers a form referred to as a Seller’s Property Information Form. answers is misleading, you could possibly take legal action against the seller 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 Erith.
At what point will exchange of contracts take place for purchase conveyancing in Erith and do I need to attend the solicitors branch?
Where you are near to our conveyancing solicitors in Erith you are invited in to sign the paperwork. However, the lender approved solicitors we work with offer a countrywide conveyancing service and provide as equally detailed and professional a job for you when communicating with you electronically. The executing of the property agreement is not when everything is set in stone. Signing on the dotted line is just a prerequisite for the solicitor to address the formalities at the appropriate time, which is ordinarily shortly after signing. The procedure is nowadays normally dealt with by telephone and can be very rapid, although where an extended "chain" is in the mix, since the process requires the relevant party's solicitor (not necessarily a conveyancing solicitor in Erith)to be in the office available at the end of the phone to exchange contracts.
I got the keys to my flat on 12 May and my personal details is yet to be on the land registry website. Any reason for this? My conveyancing solicitor in Erith expressed confidence that it will be concluded in less than a month. Are properties in Erith particularly slow to register?
As far as conveyancing in Erith registration is no faster or slower than the rest of England and Wales. Rather than based on location, timeframes can adjust according to who lodges the application, whether there are errors and whether the Land registry communicate with any interested persons or bodies. As of today approximately three quarters of submission are fully dealt with within 12 days but some can be subject to extensive hold-ups. Registration is effected once the buyer has moved in to the property so 'speed' is not typically top priority yet where there is a degree of urgency associated with the registration then you or your lawyers can speak with the land registry and explain the circumstances.
I have been on the look out for a ground for flat up to £195,000 and identified one close by in Erith I like with open areas and railway links nearby, however it's only got 61 years unexpired on the lease. I can't really find anything else in Erith for this price, so just wondered if I would be making a grave error buying a lease with such few years left?
If you need a home loan the shortness of the lease will likely be a potential deal breaker. Discount the offer by the amount the lease extension will cost if not already taken into account. If the existing proprietor has owned the premises for at least twenty four months you can request that they start the process of the extension and pass it to you. You can add 90 years to the current lease term and have £0 ground rent by law. You should consult your conveyancing solicitor about this.
I need to instruct a conveyancing solicitor for some conveyancing in Erith. I happened to stumble upon a site which appears to be the perfect offering If it is possible to get all this stuff done via web that would be ideal. Do I need to be concerned? What are the potential pitfalls?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?
I own a leasehold flat in Erith. Conveyancing and Platform Home Loans Ltd mortgage organised. A letter has just been received from someone saying they have taken over the reversionary interest in the property. It included a demand for arrears of ground rent dating back to 1998. The conveyancing practitioner in Erith who acted for me is not around. Any advice?
First make enquiries of HMLR to make sure that the individual claiming to own the freehold is in fact the new freeholder. There is no need to incur the fees of a Erith conveyancing practitioner to do this as you can do this on the Land Registry website for a few pound. You should note that in any event, even if this is the legitimate landlord, under the Limitation Act 1980 no more than 6 years of rent can be collected.
Following months of dialogue we cannot agree with our landlord on how much the lease extension should cost for our flat in Erith. Does the Leasehold Valuation Tribunal have jurisdiction to calculate the appropriate figures?
in cases where there is a absentee freeholder or if there is dispute about what the lease extension should cost, under the relevant legislation you can apply to the First-tier Tribunal (Property Chamber) to assess the sum to be paid.
An example of a Lease Extension matter before the tribunal for a Erith premises is Various @ Colombus Square in January 2012. the Tribunal calculated the premiums to be paid for new leases for each of the flats in Mariners Walk to be £3822 and the premium to be paid for the new lease of 2 Knights Court to be £4439. This case was in relation to 13 flats. The remaining number of years on the lease was 76 years.