I am looking for value for money property lawyer. Should I go for for a national conveyancer as opposed to a high street Merton conveyancing solicitor?
Merton is a special area, where regional knowledge helps. The relaxed pace of life has an upside – just not for your home move. The solicitors that we endorse combine wide Merton insight with a professional, hands-onapproach that ensures the conveyancing to progress without delay. It will certainly help if they enjoy good relationships with financial advisers, estate agents, valuers and other Merton conveyancing solicitors
My Conveyancer in Merton has never been on on the Platform Home Loans Ltd Approved Panel. Is it possible for me to continue with my family solicitor even though they are not on the Platform Home Loans Ltd panel of approved conveyancing solicitors?
The limited options available to you here include:
- Complete the purchase with your existing Merton lawyers but Platform Home Loans Ltd will need to use a lawyer on their panel. This will result in additional total legal fees as well as result in frustration.
- Find a new solicitor to to deal with the purchase, remembering to check they are on the Platform Home Loans Ltd panel
I require fast conveyancing in Merton as I have an ultimatum to sign on the dotted line inside one month. A mortgage is not required. Can I decline from having conveyancing searches to save fees and time?
If.Given you are are a mortgage free purchaser you have the choice not to do searches although no solicitor would suggest that you don't. With plenty of history conveyancing in Merton the following are instances of what can show up and adversely impact market value: Enforcement Notices, Outstanding Charges, Outstanding Grants, Railway Schemes,...
I own a renovated Victorian house in Merton. Conveyancing solicitor represented me and Bank of Ireland. I happened to do a free search for it on the Land Registry database and there are two entries: one for freehold, another for leasehold under the matching address. Is it worth asking Bank of Ireland to clarify?
You should review the Freehold register you have again and check the Charges Register as there may be mention of a lease. The best way to be sure that you are also the registered proprietor of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Merton and other locations in the country and poses no real issues for owners other than when they mortgage they have to account for both freehold and leasehold interests when dealing with purchasers. You can also enquire as to the position with your conveyancing lawyer who carried out the work.
I am 14 days into a residential purchase having been referred to conveyancers by the local agent to do our conveyancing in Merton. I am not happy. Can you help me find new solicitors?
A lawyer would need to be very poor in order to consider replacing them. Has your mortgage offer been issued? If so you must make them aware of the new contact details and ensure the offer are re-sent. The conveyancer should be on the banks approved list to avoid supplemental fees and delays. So that should be your starting point. Our find a solicitor tool will help you find a bank approved conveyancer for your conveyancing in Merton
Can you provide any top tips for leasehold conveyancing in Merton with the purpose of speeding up the sale process?
- Much of the delay in leasehold conveyancing in Merton can be avoided if you appoint lawyers as soon as you market your property and ask them to collate the leasehold information which will be required by the purchasers’ solicitors. If you have had conflict with your landlord or managing agents it is very important that these are resolved prior to the flat being put on the market. The buyers and their solicitors will be reluctant to purchase a flat where a dispute is unsettled. You may need to swallow your pride and pay any arrears of service charge or resolve the dispute prior to completion of the sale. It is therefore preferable to have any dispute settled ahead of the contract papers being issued to the buyers’ solicitors. You will still have to reveal details of the dispute to the buyers, but it is clearly preferable to present the dispute as historic as opposed to ongoing. You may think that you are aware of the number of years left on your lease but it would be advisable verify this by asking your conveyancers. A purchaser's lawyer will not be happy to advise their client to where the lease term is below 80 years. In the circumstances it is essential at an early stage that you consider whether the lease term requires a lease extension. If it does, contact your solicitors before you put your home on the market for sale. A minority of Merton leases require Licence to Assign from the landlord. If this is the case, it would be prudent to notify your estate agents to make sure that the purchasers put in hand financial (bank) and professional references. Any bank reference will need to confirm that the buyers are able to meet the yearly service charge and the actual amount of the service charge should be quoted in the bank’s letter. You will therefore need to provide your estate agents with the actual amount of the service charge so that they can pass this information on to the purchasers or their lawyers.
Leasehold Conveyancing in Merton - A selection of Questions you should ask Prior to buying
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The majority of Merton leasehold apartments will be liable to pay a service bill for the upkeep of the block levied on behalf of the freeholder. Where you purchase the apartment you will have to pay this charge, usually quarterly throughout the year. This may differ from several hundred pounds to thousands of pounds for buildings with lifts and large communal grounds. In all probability there will be a rentcharge to be met annual, normally this is not a large figure, say approximately £50-£100 but you should to enquire as sometimes it could be many hundreds of pounds. Make sure you investigate if the the lease includes any unreasonable restrictions in the lease. For instance it is fairly common in Merton leases that pets are not permitted in in a block in Merton. If you love the flatin Merton but your cat is not allowed to live with you then you will be presented with a difficult choice. For many Merton leaseholds the cost for major works tend not to be included within service charges, albeit that a few managing agents in Merton ask leaseholders to contribute towards a reserve fund created for the specific intention of establishing a fund for larger works.