I need some expedited conveyancing in Harold Wood as I am under a deadline to complete within 4 weeks. Thankfully I do not require a mortgage. Can I decline from having conveyancing searches to save fees and time?
As you are are a cash purchaser you are at free not to do searches although no conveyancer would advise that you don't. Drawing on our experience of conveyancing in Harold Wood the following are instances of what can be revealed and adversely affect future saleability: Refused Planning Applications, Outstanding Charges, Outstanding Grants, Railway Schemes,...
How does conveyancing in Harold Wood differ for newly converted properties?
Most buyers of new build premises in Harold Wood contact us having been asked by the housebuilder to sign contracts and commit to the purchase even before the premises is constructed. This is because house builders in Harold Wood usually purchase the land, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are used to new build conveyancing in Harold Wood or who has acted in the same development.
I have been on the look out for a leasehold apartment up to £245,000 and found one close by in Harold Wood I like with a park and railway links in the vicinity, however it's only got 49 remaining years left on the lease. There is not much else in Harold Wood suitable, so just wondered if I would be making a mistake purchasing a lease with such few years left?
Should you require a mortgage the remaining unexpired lease term will be problematic. Discount the offer by the amount the lease extension will cost if it has not already been discounted. If the existing owner has owned the property for a minimum of 2 years you can ask them to commence the lease extension formalities and then assign it to you. You can add 90 years to the current lease with a zero ground rent applied. You should speak to your conveyancing lawyer about this matter.
Are there any apps to help search for a Harold Wood solicitor on the Virgin Money conveyancing panel? I have wheels and am prepared to travel upto 25kilometers to meet the lawyer.
You can use the facility on this website. Please pick a lender and your location and you will see a number of Harold Wood conveyancing lawyers locally. We have listed some Harold Wood conveyancing firms towards the end of this page and you can ring them to check whether they are on the Virgin Money approved list
My husband and I are a couple of weeks into a freehold purchase having been directed to conveyancers by the local agent to do our conveyancing in Harold Wood. I am not happy. Can you help me find new solicitors?
They would need to be really bad in order to consider replacing them. Has your mortgage been issued? If so you must make them aware of the new contact details and have the mortgage documents are re-sent. Your conveyancer needs to be on the mortgage company panel to avoid supplemental expenses and delays. That should be your starting point. The find a solicitor tool will help you find a bank approved conveyancer for your conveyancing in Harold Wood
I would like to sublet my leasehold apartment in Harold Wood. Conveyancing solicitor who did the purchase is retired - so can't ask him. Do I need to ask my freeholder for permission?
Notwithstanding that your previous Harold Wood conveyancing lawyer is not around you can check your lease to see if it allows you to sublet the apartment. The accepted inference is that if the deeds are silent, subletting is allowed. Quite often there is a prerequisite that you must seek permission via your landlord or some other party prior to subletting. The net result is that you cannot sublet without first obtaining permission. Such consent is not allowed to be unreasonably withheld. If your lease prohibits you from letting out the property you will need to ask your landlord for their consent.
I am the proprietor of a ground-floor 1960’s flat in Harold Wood. In the absence of agreement between myself and the freeholder, can the Leasehold valuation Tribunal make a decision on the sum due for the purchase of the freehold?
Most certainly. We are happy to put you in touch with a Harold Wood conveyancing firm who can help.
An example of a Lease Extension case for a Harold Wood property 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.