I have given 2 months notice to my existing landlord and must be out of my let out apartment in New Addington by 2/9/2020. Conveyancing on my purchase is progressing. Is it possible to complete in a couple of weeks as I wish to avoid having to move into short term accommodation?
Generally one should not give notice on a rental unless exchange of contracts has taken place. If you have not previously done so, notify to your lawyer and request that they chase the owners side, try to a target completion date that all parties will work to achieve
Me and my partner are buying a flat in New Addington. It might be a silly question but how we can trust a lawyer? At some point we will need to send funds into their account. What is the protection we have from them run away with our deposit?
Be assured that all money in a Solicitors client account is 100% safe, and even if your Solicitor ran off with it, the Law Society would reimburse you fully.
My wife and I purchasing a detached bungalow in New Addington. Our aim is to convert the garage to a playroom at the property.Will the conveyancing process include investigations to ascertain if these works are prohibited?
Your property lawyer should review the registered title as conveyancing in New Addington will occasionally reveal restrictions in the title deeds which prevent certain alterations or necessitated the consent of another owner. Many additions call for local authority planning permissions and approval in accordance building regulations. Some areas are designated conservation areas and special planning restrictions apply which frequently prevent or impact extensions. It would be wise to check these things with a surveyor prior to committing yourself to a purchase.
Are all New Addington Conveyancing Quality Solicitors on the Skipton conveyancing panel?
It is true that some lenders now utilise the accreditation scheme as the starting point for Panel membership such as HSBC and Santander. CQS accreditation however gives no guarantee to lender panel acceptance. Nevertheless,the CML have indicated that it is likely to become a pre-requisite for solicitor practices wishing to join their approved list of firms.
Have completed on a a terraced house in New Addington , What is the estimated time for the Land Registry to record my ownership? My New Addington conveyancing solicitor has been painfully slow, so I want to check that my purchase is recorded.
As far as conveyancing in New Addington registration is no quicker or slower than anywhere else in the country. As opposed to being determined by geographic area, timeframes can adjust according to who lodges the application, whether it is in order and if the Land registry communicate with any third persons or bodies. As of today in the region of 80% of such applications are completed within 12 days but some can be subject to longer delays. Historically registration is effected after the new owner is living at the premises so registration formalities is not always top priority yet where there is a degree of urgency associated with the registration then you or your conveyancer should speak with the land registry and explain the circumstances.
I have been on the look out for a ground for flat up to £235,500 and identified one close by in New Addington I like with amenity areas and transport links nearby, the downside is that it only has 61 remaining years left on the lease. There is not much else in New Addington for this price, so just wondered if I would be making a grave error buying a lease with such few years left?
Should you need a home loan that many years may be an issue. Discount the offer by the amount the lease extension will cost if not already taken into account. If the existing proprietor has owned the premises for at least twenty four months you can request that they commence the lease extension formalities and then assign it to you. An additional ninety years can be extended on to the existing lease term with a zero ground rent applied. You should consult your conveyancing solicitor about this.
Hoping to buy a property located in New Addington and I am already nervous. I couldn't find anything specific about New Addington. Conveyancing will be needed in due course but do you know about the New Addington area? or perhaps some other tips you can share?
Rather than looking online forget looking online you should go and have a look at New Addington. In the meantime here are some basic statistics that we found
There are only Fifty years left on my lease in New Addington. I now want to extend my lease but my freeholder is missing. What should I do?
On the basis that you meet the appropriate requirements, 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 granted an extra 90 years by the Court. You will be obliged to demonstrate that you or your lawyers have made all reasonable attempts to locate the freeholder. On the whole a specialist should be useful to try and locate and to produce a report which can be used as evidence that the landlord is indeed missing. It is advisable to get professional help from a solicitor in relation to devolving into the landlord’s disappearance and the application to the County Court covering New Addington.
I inherited a basement flat in New Addington. In the absence of agreement between myself and the freeholder, can the Leasehold valuation Tribunal determine the amount payable for the purchase of the freehold?
if there is a missing freeholder or where there is dispute about the premium for a lease extension, under the relevant legislation you can apply to the First-tier Tribunal (Property Chamber) to assess the price payable.
An example of a Freehold Enfranchisement matter before the tribunal for a New Addington property is The Woodlands 95 Purley Park Road in April 2009. The Tribunals own valuation produced the figure of £37,912. This case was in relation to 6 flats. The unexpired term was 78.32 years.