We are soon to exchange buying a property in Morden but as a result of wreckage from the recent storms I have managed to agree recompense from the owner of £2k by way of a reduction in the price. I had intended this to be dealt with as part of the conveyancing process but UBS are not allowing this. Why were they notified?
Any lawyer that is on the UBS conveyancing panel is obliged to disclose to UBS of any amendments to the purchase price. If you were to refuse your conveyancing practitioner to notify the price change to UBS then they would have to discontinue acting for you. In addition, UBS and you would have to appoint a new conveyancer for your conveyancing in Morden.
At what point will exchange of contracts occur in residential conveyancing in Morden and am I required to attend the solicitors office?
If you are in close proximity to one of the conveyancing solicitors in Morden you are welcome to come in to sign documents. That being said, the lender approved solicitors we recommend offer a nationwide conveyancing service and provide just as diligent and professional a job for you when dealing with you electronically. The signing of the purchase agreement is not the point of no return. Signing on the dotted line is necessary for the solicitor to address the formalities at the suitable time, which is ordinarily shortly after signing. The procedure is nowadays normally dealt with by telephone and can be very rapid, although where a lengthy "chain" is in play, since the process requires the relevant party's solicitor (not necessarily a conveyancing solicitor in Morden)to be in the office available at the end of the phone to exchange contracts.
Are there restrictive covenants that are commonly identified as part of conveyancing in Morden?
Restrictive covenants can be picked up when reviewing land registry title as part of the legal transfer of property in Morden. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
Just had an offer accepted on a new build flat in Morden. Conveyancing is necessary evil 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.
Here are examples of a selection of leasehold new build enquiries that you should expect your new-build leasehold conveyancing in Morden
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Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents. 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. Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? 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. Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose?
Are there any apps to help identify a Morden law firm on the Birmingham Midshires conveyancing panel? I have wheels and am prepared to travel upto 10kilometers to meet the lawyer.
You can use the tool on this page. Please select a mortgage company and your location and you will see a number of Morden conveyancing lawyers locally. We have listed some Morden conveyancing firms towards the end of this page and you can ring them to check if they are on the Birmingham Midshires panel
I only have Sixty One years remaining on my flat in Morden. I now wish to get lease extension but my landlord is absent. What should I do?
On the basis that you qualify, under the Leasehold Reform, Housing and Urban Development Act 1993 you can submit an application to the County Court for for permission to dispense with the service of the initial notice. This will enable the lease to be extended by the Court. However, you will be required to demonstrate that you have used your best endeavours to find the landlord. On the whole an enquiry agent would be useful to carry out a search and prepare a report which can be accepted by the court as proof that the landlord can not be located. It is wise to seek advice from a property lawyer in relation to devolving into the landlord’s absence and the application to the County Court covering Morden.
I am the leaseholder of a a ground floor purpose built flat in Morden. Given that I can not reach agreement with the freeholder, can the Leasehold valuation Tribunal make a decision on the sum payable for a lease extension?
in cases where there is a absentee landlord or where there is disagreement about what the lease extension should cost, under the relevant statutes it is possible to make an application to the First-tier Tribunal (Property Chamber) to arrive at the sum to be paid.
An example of a Lease Extension decision for a Morden residence is 14 Nutwell Street in January 2014. The premium payable for the acquisition of a new lease of the subject premises was in the sum of £30,523 This case affected 1 flat. The unexpired residue of the current lease was 62.94 years.
