Do the conveyancing solicitors listed on your site handle conveyancing in Lower Clapton by way of an attended exchange?
There are a few conveyancing experts carrying out attended exchanges. Please e-mail us to get a costs illustration and details as to dates.
I am told that my conveyancing solicitors will need to check that the building insurance for my purchase of a house in Lower Clapton. My lender is Accord Mortgages
Accord Mortgages have specific requirements as set out in the UK Finance Lenders’ Handbook. As of 21/8/2019, the requirements read as follows :
I am assisting my step-mother sell her flat in Lower Clapton. Does the conveyancing solicitor order the energy assessment or should I organise this?
Following the abolition of Home Packs, energy performance certificates was maintained a compulsory element of selling a house. An EPC should be to hand prior to the property being advertised. This is not as aspect of the sale process that law firms ordinarily organise. If you are using a Lower Clapton conveyancing practitioner they may help arrange energy performance certificates given their relationships with reputable local accredited person
I am purchasing a terrace house in Lower Clapton. We would like to carry out an extension to the side at the property.Will the conveyancing process include enquiries to ascertain if these alterations are permitted?
Your conveyancer will check the deeds as conveyancing in Lower Clapton can occasionally reveal restrictions in the title documents which restrict certain changes or need the consent of another owner. Certain works need local authority planning permissions and approval under the building regulations. Certain locations are designated conservation areas and special planning restrictions apply which often prevent or affect extensions. It would be wise to check these things with a surveyor prior to committing yourself to a purchase.
Last month we had a mortgage agreed in principle with RBS. Lower Clapton conveyancing lawyers were appointed. What is the average time that one could expect to receive a mortgage offer from RBS?
There is no definitive answer here. Have RBS conducted the survey? Have you advised RBS as to your lawyers' details and checked that your lawyers are on the RBS conveyancing panel? Sometimes it can take as long as six weeks for a mortgage offer to be issued.
Over the last few months I have been searching for a leasehold apartment up to £305k and found one round the corner in Lower Clapton I like with open areas and railway links nearby, however it's only got 52 years unexpired on the lease. I can't really find anything else in Lower Clapton for this price, so just wondered if I would be making a mistake purchasing a short lease?
Should you require a mortgage the remaining unexpired lease term will be a potential deal breaker. Discount the offer by the expected lease extension will cost if it has not already been discounted. If the current owner has owned the property for at least 2 years you can request that they start the process of the extension and then assign it to you. You can add 90 years to the existing lease and have £0 ground rent by law. You should speak to your conveyancing lawyer regarding this.
All being well we will complete our sale of a £475,000 garden flat in Lower Clapton on Monday in a week. The freeholder has quoted £360 for Landlord’s certificate, insurance certificate and 3 years service charge statements. Is the landlord entitled to charge exorbitant fees for a leasehold conveyance in Lower Clapton?
Lower Clapton conveyancing on leasehold apartments more often than not involves the buyer’s solicitor sending enquiries for the landlord to address. Although the landlord is under no legal obligation to answer these enquiries the majority will be content to assist. They may charge a reasonable charge for answering enquiries or supplying documentation. There is no set fee. The average costs for the information that you are referring to is £350, in some situations it is in excess of £800. The administration charge demanded by the landlord must be accompanied by a synopsis of rights and obligations in relation to administration fees, without which the charge is not strictly payable. In reality one has no choice but to pay whatever is demanded if you want to complete the sale of your home.
After months of negotiations we cannot agree with our landlord on how much the lease extension should cost for our flat in Lower Clapton. Can we issue an application to the Residential Property Tribunal Service?
if there is a absentee freeholder or where there is dispute about the premium for a lease extension, under the relevant legislation you can apply to the LVT to decide the premium.
An example of a Freehold Enfranchisement decision for a Lower Clapton flat is 104 Nightingale Road in May 2009. The Tribunal's Decision is that the premium torbe paid for the enfranchisement in this case is £112,174 This case related to 10 flats. The unexpired term was 71.25 years.
The conveyancing solicitors carrying out our conveyancing in Lower Clapton has forwarded papers to review that indicate that the land is unregistered with epitome documents. How can it be that the property not yet recorded at HM Land Regsitry?
It is unusual for premises in Lower Clapton not to be registered. An 'epitome' is basically a dossier of photocopies of documents affecting an unregistered title. Many Lower Clapton conveyancing practitioners should be capable of dealing with this type of conveyancing but in the event that uncertainty prevails the usual guidance these days is for the seller to register it first and thereafter deal with the sale conveyance - this will have a domino effect to result in a drawn-out conveyancing.