Is there a reason why leasehold purchase conveyancing in Lewisham is more expensive?
In short, leasehold conveyancing in Lewisham and elsewhere usually warrants more due diligence compared to freehold conveyancing. This includes checking the lease terms, liaising with the landlord concerning the service of required notices, procuring current service charge and management information, obtaining the landlord’s consents and reviewing management accounts. The obligations on both the landlord and the tenant in the lease need to be studied by the buyer’s conveyancing team and read from beginning to end – no matter how many different proprietor have owned the lease since it was first entered into.
Despite weeks of looking the Title Certificate and documents to our property are lost. The solicitors who dealt with the conveyancing in Lewisham 5 years ago have long since closed. What are my options?
You no longer need to have the physical deeds to establish that you are the owner of your registered land or property, as the Land Registry have everything they need in a digital format.
Just had an offer accepted on a new build apartment in Lewisham. Conveyancing is a frightening process 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 conveyancing.
Set out below is a sample of a selection of leasehold new build enquiries that you can expect your new-build leasehold conveyancing in Lewisham
There must be mutual enforceability of lessee’s covenants. Where service of notices and proceedings can be at the property demised please confirm that this can be amended to include simultaneous services at the Lessees’ solicitors’ offices where the Lessee from time to time is not resident in the UK - such solicitors may be varied by notice in writing to the Landlord from time to time but otherwise will be as previously specified. Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier? Please supply a car parking plan. Please confirm the Lease plans are surveyor prepared.
Due to the guidance of my in-laws I had a survey completed on a property in Lewisham before retaining solicitors. I have been informed that there is a flying freehold overhang to the house. Our surveyor advised that some lenders tend refuse to issue a mortgage on such a home.
It varies from the lender to lender. Bank of Scotland has different instructions for example to Birmingham Midshires. If you call us we can investigate further via the appropriate lender. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Lewisham. Conveyancing may be slightly more expensive based on your lender's requirements.
Is it simple use the search app to get a fee calculation from a conveyancing solicitor in Lewisham on the approved list for my mortgage?
First pick a lender such as Accord Mortgages Ltd, Barnsley Building Society or Barclays Direct then choose your location e.g. Lewisham. Conveyancing firms in Lewisham and beyond will then be identified.
I have just started marketing my ground floor apartment in Lewisham.Conveyancing lawyers have not yet been instructed but I have just had a half-yearly service charge invoice – what should I do?
Your conveyancing lawyer is likely to suggest that you should discharge the invoice as usual because all rents and maintenance charges will be apportionedon completion, so you should recover the relevant percentage by the buyer for the period running from after the completion date to the subsequent invoice date. Most management companies will not acknowledge the buyer unless the service charges have been paid and are up to date so it is important for both buyer and seller for the seller to show that they are up to date. This will smooth the conveyancing process