My New Malden lawyer has identified a discrepancy between the surveyor’s assumptions in the home valuation report and what is in the title deeds. My solicitor says that he is duty bound to ensure that the bank is happy with this discrepancy and is still content to lend. Is my solicitor’s approach right?
Your lawyer must comply with the UK Finance Lenders’ Handbook conditions which do require that your lawyer disclose any incorrect assumptions in the lender’s valuation report and the legal papers. Should you refuse to allow your lawyer to make the appropriate notification then your lawyer will have no choice but to discontinue acting for you.
It is a dozen years since I purchased my house in New Malden. Conveyancing lawyers have just been appointed on the sale but I can't find my title documents. Will this jeopardise the sale?
You need not be too concerned. First there is a chance that the deeds will be with the lender or they could be in the possession of the solicitor who oversaw your purchase. Secondly in most cases the title will be registered at the land registry and you will be able to establish that you own the property by your conveyancing solicitors procuring up to date copy of the land registers. Almost all conveyancing in New Malden relates to registered property but in the unlikely event that your property is not registered it adds to the complexity but is resolvable.
I need some quick conveyancing in New Malden as I have a deadline to sign on the dotted line within one month. A mortgage is not required. Can I decline from having conveyancing searches to save money and time?
If.Given you are are a cash buyer you are at liberty not to have searches carried out although no lawyer would advise that you don't. Drawing on our experience of conveyancing in New Malden the following are instances of what can arise and adversely affect market value: Enforcement Notices, Overdue Fees, Overdue Grants, Unadopted Roads,...
About to purchase a new build apartment in New Malden. Conveyancing is daunting at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build conveyancing.
Here are examples of a selection of leasehold new build questions that you may expect your new-build leasehold conveyancing in New Malden
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. Where there is an Undertaking being granted there is the risk of forfeiture of the Headlease subject to relief if one or more of the Underlessees are willing to accept the original Head Lessee’s obligations as otherwise relief will be denied to the Underlessees. The only alternatives are the Head Lessor agreeing not to forfeit the Headlease or the Head Lessee guaranteeing to the Underlessees that it will not be in breach of the Headlease. Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose? 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. The Lease must contain a provision on behalf of the Vendor to pay the service charges in respect of unoccupied units in order to ensure that all services can be provided.
My company is planning to lease a unit on the high street. Can you recommend solicitors offering competitive fees for non-domestic conveyancing in New Malden for less than 2k?
We are happy to recommend firms who have specialist knowledge of commercial conveyancing in New Malden, including the disposal and acquisition of businesses as well as simply property. If you are looking to purchase or lease a shop, pub, restaurant, office, retail premises or a whole business we will find you the right lawyer. As for the charges this will depend on the structure and terms of the proposed transaction. Let us have your details or telephone so as to enable us to provide you with comprehensive commercial conveyancing calculation.
I only have 62 years remaining on my lease in New Malden. I now wish to extend my lease but my landlord 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 extended by the Court. You will be obliged to demonstrate that you have made all reasonable attempts to find the freeholder. In some cases a specialist may be useful to conduct investigations and to produce an expert document which can be accepted by the court as proof that the freeholder can not be located. It is wise to seek advice from a conveyancer both on investigating the landlord’s absence and the application to the County Court overseeing New Malden.
Notwithstanding our best endeavours, we have been unsuccessful in trying to purchase the freehold in New Malden. Can the Leasehold Valuation Tribunal adjudicate on premiums?
Most certainly. We are happy to put you in touch with a New Malden conveyancing firm who can help.
An example of a Lease Extension decision for a New Malden premises is Flat D 15 Claremont Gardens in September 2013. TheTribunal determined in accordance with section48 and Schedule13 of the Leasehold Reform,Housing and Urban Development Act 1993 that the premium for the extended lease should be fourteen thousand one hundred and eighty seven pounds (£14,187.00) This case related to 1 flat.