Having been suggested to visit your company we were going to go ahead with a conveyancing solicitor in Greenwich found by you but stumbled across some other costs illustrations on the internet seem less expensive – why is this?
One can find numerous solicitors offering what appear to be very low prices. We would encourage you to think twice as to how much you respect your own move to you are willing to take 'cheap' risks concerning the quality of the conveyancing. Many of them highlight a low fee to entice you but hide additional costs in the small print..
Despite weeks of looking the Title Certificate and documents to my house are lost. The conveyancers who conducted the conveyancing in Greenwich 10 years ago have long since closed. What are my next steps?
These day there are copies made of almost everything, and your conveyancer should be aware precisely where to locate all the relevant paperwork so you can purchase or dispose of your house without a hitch. Where copies are not available, your solicitor can arrange cover in the form of insurance or indemnities protecting you against possible claims on the premises.
The estate agent has sent us the confirmation of our purchase of a new build apartment in Greenwich. Conveyancing is necessary evil at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build legal work.
Here are examples of a few leasehold new build enquiries that you can expect your new-build leasehold conveyancing in Greenwich
-
There must be mutual enforceability of lessee’s covenants. Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents. Please confirm the Lease plans are architect prepared. The Lease must contain a provision on behalf of the Vendor to pay the service charges in respect of unoccupied units in order to ensure that all services can be provided.
What does commercial conveyancing in Greenwich cover?
Commercial conveyancing in Greenwich incorporates a broad array of advice, offered by regulated solicitors, relating to business premises. By way of example, this type of conveyancing can cover the sale or purchase of freehold business premises or, more usually, the assignment of existing business tenancies or the drafting of new leasing arrangements. Commercial conveyancing solicitors can also offer advice on the sale of business assets, commercial mortgages and the termination of leases.
My husband and I are novice buyers - agreed a price, yet the property agent has warned us that the owners will only go ahead if we instruct their recommended conveyancers as they need a ‘quick sale’. We would rather use a high street solicitor accustomed to conveyancing in Greenwich
We suspect that the seller is unaware of this requirement. Should the vendor desire ‘a quick sale', taking such a hostile approach to a genuine purchaser is is going to put the whole deal at risk. Contact the owners directly and make the point that (a)you are keen to buy (b)you are excited to move forward, with finances arranged © you are unencumbered (d) you intend to proceed fast (e)but you will continue to use your own,trusted Greenwich conveyancing lawyers - rather thanthe ones that will earn the negotiator at the agency a referral fee or hit his conveyancing figures demanded by senior management.
I own a a ground floor purpose built flat in Greenwich. Given that I can not reach agreement with the landlord, can the Leasehold valuation Tribunal determine the sum due for the purchase of the freehold?
Most definitely. We can put you in touch with a Greenwich conveyancing firm who can help.
An example of a Lease Extension decision for a Greenwich flat is 73 Walerand Road in August 2012. the result of the findings of the Tribunal led to a premium to be paid for the extended lease in respect of Flat 73 in the sum of £10,040. The premium applicable in respect of Flat 85 was £5,710. This case was in relation to 2 flats. The unexpired term as at the valuation date was 72 years.
What makes a Greenwich lease problematic?
Leasehold conveyancing in Greenwich is not unique. All leases are unique and drafting errors can sometimes mean that certain provisions are wrong. For example, if your lease is missing any of the following, it could be defective:
-
A duty to insure the building Service charge per centages that don't add up correctly leaving a shortfall
You could have difficulties when selling your property if you have a defective lease primarily because it impacts on the ability to obtain a mortgage on the property. Santander, The Royal Bank of Scotland, and Nottingham Building Society all have very detailed conveyancing instructions when it comes to what is expected in a lease. If a mortgage lender believes that the lease is problematic they may refuse to grant the mortgage, obliging the purchaser to withdraw.