Why would one use a Hither Green conveyancing company given that national alternatives are so much cheaper?
Its a good idea to shop around for conveyancing costs in Hither Green and you should seek a reasonable fee calculation but don’t expend your energy searching for the lowest priced Hither Green conveyancer. Appointing the right conveyancer can mark the difference between a seamless and a frustrating house move. You need to ensure that you have expert guidance from a trusted conveyancer. Emails can't replace a phone discussion and are no substitute for a face to face appointment. Our partner firms will find you a qualified and experienced conveyancing solicitor who can tackle your conveyancing from from the outset to completion, providing a level of personalised service that you are unlikely to received from an internet conveyancer. He or She will keep you updated on headway and keep you informed. Should you need to call the firm you will know who you need to speak to and we'll ensure you are in the know.
Our lawyer has discovered a defect with the lease for the flat we are purchasing in Hither Green. The other side have put forward title insurance as a workaround. We are content with insurance and will pay for it. Our lawyer says that he must be satisfied that the lender is content with this solution. Are we the client or is the bank?
The short answer to your last question is that, notwithstanding the potential for a conflict of interest, you and the bank are the client. Your lawyer must comply with the UK Finance Lenders’ Handbook conditions. The UK Finance Lenders’ Handbook conditions require your lawyer to disclose issues such as defects with the lease so that the lender can be afforded the opportunity to check with their valuer as to the extent that the value of the property is affected. Should you refuse to allow your lawyer to make the appropriate notification then your property lawyer will have no choice but to discontinue acting for you.
It is a dozen years since I bought my house in Hither Green. Conveyancing solicitors have now been retained on the sale but I am unable to track down my title documents. Is this a major issue?
You need not be too concerned. Firstly the deeds may be with the lender or they could still be with the solicitor who acted in the purchase. Secondly the likelihood is that the land will be registered at the land registry and you will be able to establish that you own the property by your conveyancing solicitors obtaining current official copies of the land registers. The vast majority of conveyancing in Hither Green relates to registered property but in the rare situation where your home is unregistered it is more of a problem but is not insurmountable.
Despite weeks of looking the Title Certificate and documents to our home are lost. The conveyancers who conducted the conveyancing in Hither Green 10 years ago no longer exist. What are my next steps?
In today’s world there are copies made of almost everything, and your conveyancer will know exactly where to find all the relevant documentation so you may purchase or sell your property without any difficulty. If duplicates can’t be found, your conveyancer may be able to arrange cover in the form of insurance or indemnities against possible claims on the property.
I am buying a new build flat in Hither Green. Conveyancing is daunting at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build legal work.
Here are examples of a selection of leasehold new build questions that you may expect your new-build leasehold conveyancing in Hither Green
Where there is an Undertaking being granted there is the risk of forfeiture of the Headlease subject to relief if one or more of the Underlessees are willing to accept the original Head Lessee’s obligations as otherwise relief will be denied to the Underlessees. The only alternatives are the Head Lessor agreeing not to forfeit the Headlease or the Head Lessee guaranteeing to the Underlessees that it will not be in breach of the Headlease. If there are lifts in the building, please confirm that the owners of flats on the ground and basement floors will not be required to contribute towards the cost of maintenance and renewal. Please supply a car parking plan. Please supply evidence that the form of Lease proposed has been approved by the Land Registry.
We have reached the end of our tether in trying to purchase the freehold in Hither Green. Can the Leasehold Valuation Tribunal adjudicate on premiums?
Absolutely. We are happy to put you in touch with a Hither Green conveyancing firm who can help.
An example of a Freehold Enfranchisement case for a Hither Green flat is 18 Handen Road in April 2013. On 26 October 2012 District Judge Zimmels sitting at the Lambeth County Court made a Vesting Order that the Applicants be granted the right to acquire the freehold upon such terms and at such price determined by the LVT. The Tribunal arrived a figure of £39,535 as a valuation for the enfranchisement. This case was in relation to 3 flats. The unexpired term was 69.05 years.
When it comes to leasehold conveyancing in Hither Green what are the most common lease defects?
There is nothing unique about leasehold conveyancing in Hither Green. All leases are individual and drafting errors can result in certain provisions are missing. The following missing provisions could result in a defective lease:
Service charge per centages that don't add up correctly leaving a shortfall A duty to insure the building
You may encounter a problem when selling your property if you have a defective lease as they can affect a potential buyer’s ability to obtain a mortgage. Nationwide Building Society, Leeds Building Society, and Platform Home Loans Ltd all have express conveyancing instructions when it comes to what is expected in a lease. Where a lender has been advised by their lawyers that the lease does not cover certain provisions they may refuse to provide security, forcing the buyer to pull out.