We were just about to exchange contracts for a semi detached house in Norbury. We encountered a problem. The loan offer with Godiva Mortgages Ltd runs out on 9/2/2026 but the sellers are putting forward a completion date of 11/2/2026. Can one prolong the loan expiry date?
The person best placed to address this question is your conveyancer who will determine whether they better off negotiating with the bank, owner’s conveyancers, property agents or indeed all three taking into account the circumstances your house move as of today.
Can you explain why leasehold purchase conveyancing in Norbury is more expensive?
In summary, leasehold conveyancing in Norbury and South London usually involve extra work compared to freehold conveyancing. This includes reviewing the lease, liaising with the landlord concerning serving applicable notices, obtaining up-to-date service charge and management information, obtaining the landlord’s consents and reviewing management accounts. The obligations on both the landlord and the tenant in the lease need to be studied by the buyer’s conveyancing team and read from beginning to end – regardless of the fact the lease has passed through many different property solicitors hands since it was first entered into.
I am purchasing a flat and need a conveyancing solicitor in Norbury who is on the Coventry Building Society solicitor. Could you point me in the right direction as regards a firm?
Our service is limited to being a directory service for firms who wish to listed as being on the approved conveyancing panel for Coventry Building Society in certain locations such as Norbury. We dont recommend any particular firm.
What will a local search tell me concerning the house my wife and I purchasing in Norbury?
Norbury conveyancing often starts with the applying for local authority searches directly from your local Authority or via a personal search company for example PSG The local search plays an important role in most Norbury conveyancing purchase; that is if you wish to avoid any unpleasant surprises after you move into your new home. The search should reveal information on, amongst other things, details on planning applications applicable to the property (whether granted or refused), building control history, any enforcement action, restrictions on permitted development, nearby road schemes, contaminated land and radon gas; in all a total of 13 subject areas.
I have just started marketing my ground floor apartment in Norbury. Conveyancing solicitors are to be appointed soon, however I have just received a half-yearly service charge invoice – Do I pay up?
Your conveyancing lawyer is likely to suggest that you should discharge the service charge as usual because all ground rent and service invoices should be allotted on completion, so you will be reimbursed by the purchaser for the period running from after the completion date to the subsequent invoice date. Most managing agents will not acknowledge the buyer unless the service charges have been paid and are up to date, so it is important for both buyer and seller for the seller to show that they are up to date. Having a clear account will assist your cause and will leave you no worse off financially.
I am the registered owner of a ground-floor 1950’s flat in Norbury. In the absence of agreement between myself and the freeholder, can the Leasehold valuation Tribunal determine the premium payable for a lease extension?
Absolutely. We can put you in touch with a Norbury conveyancing firm who can help.
An example of a Lease Extension matter before the tribunal for a Norbury flat is Flat 12, Newlands Court Streatham Common North in May 2012. the decision of the Tribunal was that the premium payable by the Applicants to the Respondent for the new lease of the Premises be £70,140. This case affected 1 flat. The number of years remaining on the existing lease(s) was 23.25 years.
On the look out for a conveyancing solicitor in Norbury. I thought I had one sorted but he's not on the panel for UBS. It seems that these days most lenders only allow lawyers on their panel. Extremely frustrating restricting the choice for the paying public. Is it possible for you to refer me to a trustworthy Norbury conveyancer that can help us as well as represent UBS?
LenderPanel.com is limited to being a directory service for conveyancing practitioners who wish to be listed as being on the approved conveyancing panel for UBS in certain areas such as Norbury . We dont recommend any particular property lawyer.