It is 10 years ago since I purchased my home in Greenhithe. Conveyancing lawyers have now been retained on the sale but I am unable to find my title documents. Will this jeopardise the sale?
You need not be too concerned. Firstly there is a chance that the deeds will be with the mortgage company or they could be in the possession of the conveyancers who handled your purchase. Secondly in all probability the property will be registered at the land registry and you will be able to prove you own the property by your conveyancing solicitors obtaining current official copies of the land registers. Nearly all conveyancing in Greenhithe relates to registered property but in the rare situation where your property is unregistered it adds to the complexity but is not insurmountable.
I am buying a flat and need a conveyancing solicitor in Greenhithe who is on the Coventry Building Society solicitor. Could you point me in the right direction as regards a solicitor?
Our service is limited to being a directory service for firms who wish to listed as being on the approved conveyancing panel for Coventry Building Society in certain locations such as Greenhithe. We dont recommend any particular firm.
I am the only beneficiary of my late grandmother’s will and I have everything in my name alone, including the my former home in Greenhithe. The Greenhithe property was put into my name in March. I now wish to sell up. I do know about the CML six month 'rule', which means that my property ownership could be treated the same way as though I had purchased the house in March. Is the property unsalable for six months?
The CML handbook obliges conveyancers to: "report to us immediately if the owner or registered proprietor has been registered for less than six months." By the strict wording you might be caught by that. How sensible a view mortgage companies take of it, depend on the lender as this obligation is chiefly there to pick up on the purchase and immediately sell or the flipping of property.
I currently have a mortgage with Principality for my property in Greenhithe. Conveyancing has been completed some time ago. In the event that I decide to rent out my property and do not currently have a buy-to-let mortgage do I need to remortgage to a BTL mortgage or inform Principality?
Your original mortgage agreement with Principality will provide that you need their approval in advance of renting your property as this is likely to be a breach of Principality’s mortgage conditions. It may be that Principality will permit you to let out your former home without needing to switch to a buy-to-let mortgage but some lenders will add a surcharge to your mortgage rate to reflect the higher risk. You should contact Principality directly. It should not be necessary to do this via a Principality conveyancing panel lawyer.
Our offer on a house in Greenhithe has been agreed to, the sellers do however have a dependent purchase. The sellers have offered on somewhere, however it’s not yet agreed to, and have viewings of other properties in the pipeline. I have instructed a bricks and mortar conveyancing solicitor in Greenhithe. What do I do now? At what point do I apply for the mortgage with Nationwide?
It is normal to have apprehensions where there is a chain as you are unlikely to want to incur expenses prematurely (mortgage application is in the region of one thousand pounds, then survey, Greenhithe conveyancing search fees, etc). The first thing to do is check that your conveyancer is on the Nationwide approved list. Regarding the subsequent steps this very much dictated by the circumstances of your case, desire for this property and on the state of the market. In a hot market many home buyers would apply for a home loan with Nationwide and pay for the valuation and only if it comes back ok would they pay their property lawyer to move forward with searches.
Various online forums that I have frequented warn that are a common cause of hinderance in Greenhithe house deals. Is this right?
The Council of Property Search Organisations (CoPSO) has noted the determinations of a review by MoveWithUs that conveyancing searches do not figure within the most frequent causes of delays in the conveyancing process. Local searches are not likely to be the root cause of slowing down conveyancing in Greenhithe.
I have recentlyfound out that Action Conveyancing have closed. They conducted my conveyancing in Greenhithe for a purchase of a freehold house 12 months ago. How can I establish that the property is in my name in the name of the former proprietor?
The quickest method to check if the premises 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 Greenhithe conveyancing specialists.
I am attracted to a two apartments in Greenhithe which have approximately 50 years remaining on the lease term. Do I need to be concerned?
A lease is a legal document that entitles you to use the property for a period of time. As the lease gets shorter the marketability of the lease deteriorates and it becomes more expensive to extend the lease. For this reason it is often a good idea to increase the term of the lease. More often than not it is difficulties arise selling premises with a short lease as mortgage companies less inclined to grant a loan on properties of this type. Lease extension can be a difficult process. We recommend you seek professional help from a conveyancer and surveyor with experience in this arena.
I have attempted and failed to negotiate with my landlord to extend my lease without success. Can a leaseholder apply to the Leasehold Valuation Tribunal? Can you recommend a Greenhithe conveyancing firm to represent me?
if there is a absentee freeholder or where there is dispute about the premium for a lease extension, under the relevant legislation it is possible to make an application to the LVT to decide the price.
An example of a Lease Extension case for a Greenhithe 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 affected 13 flats. The unexpired residue of the current lease was 76 years.