AssumingI were to buy a freehold housein Old Coulsdon for cash and dispense with a survey and no conveyancing searches how much should I expect to have to pay for conveyancing in Old Coulsdon?
Any savings you would achieve would be limited to the disbursement for searches. A conveyancer is obliged to do the vast majority of work - money laundering, correspond with the sellers conveyancing practitioner, stamp duty return, register the property etc. A marginal saving might be made by not needing to register a mortgage however it won't be meaningful.
My aunt passed away last year and as sole heir and executor I was left the house in Old Coulsdon. The house had a relatively small loan remaining of approximately £8000. I want to transfer the title deeds into my name whilst I re-mortgage to Bank of Ireland, pay off the mortgage. Is this possible?
Given you plan to re-mortgage then Bank of Ireland will insist on your using a conveyancer on the Bank of Ireland conveyancing panel. Here is link to the Land Registry online guidance around what to do when a property owner dies. This will help you to understand the registration process behind changing the details re the registered title. in your case it would appear that you are effectively purchasing the property from the estate. Your Bank of Ireland conveyancing panel solicitor pays the new mortgage money into the estate, the estate pays off the old mortgage, the charge is released and you become the owner and the Bank of Ireland mortgage is registered as a charge at the Land Registry.
I am looking for a leasehold apartment up to £305k and found one round the corner in Old Coulsdon I like with open areas and transport links in the vicinity, the downside is that it only has 51 years unexpired on the lease. There is not much else in Old Coulsdon suitable, so just wondered if I would be making a mistake buying a short lease?
If you require a home loan that many years will be an issue. Discount the price by the amount the lease extension will cost if not already taken into account. If the current owner has owned the premises for at least twenty four months you may ask them to commence the lease extension formalities and pass it to you. An additional ninety years can be extended on to the existing lease with a zero ground rent applied. You should consult your conveyancing solicitor regarding this matter.
As co-executor for the will of my aunt I am selling a house in Monmouth but live in Old Coulsdon. My solicitor (who is 250 kilometers from meneeds me to execute a statutory declaration prior to the transaction finalising. Could you suggest a conveyancing practitioner in Old Coulsdon to attest and place their company stamp on the document?
strictly speaking you are unlikely to be required to have the documents attested by a conveyancing solicitor. Normally or notary public or solicitor will suffice regardless of whether they are Old Coulsdon based
I am hoping to sign contracts shortly on a studio apartment in Old Coulsdon. Conveyancing solicitors have said that they are sending me a report within the next couple of days. What should I be looking out for?
The report on title for your leasehold conveyancing in Old Coulsdon should include some of the following:
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Whether the lease restricts you from renting out the property, or having a home office for business Whether the landlord has obligations to ensure rights of quiet enjoyment over your premises and do you know what it means in practice? You must be informed what constitutes a Nuisance in the lease You should know if the lease allows you to alter or improve anything in the premises- you must be made aware as to whether any restrictions applies to all alterations or just structural alteration, and whether permission is required What remedies are open the freeholder should you are in breach of your lease terms?
After years of correspondence we simply can't agree with our landlord on how much the lease extension should cost for our flat in Old Coulsdon. Can we issue an application to the Residential Property Tribunal Service?
Where there is a missing landlord or where there is dispute about what the lease extension should cost, under the relevant statutes it is possible to make an application to the Leasehold Valuation Tribunal to determine the amount due.
An example of a Freehold Enfranchisement matter before the tribunal for a Old Coulsdon premises is 223 Brighton Road in September 2013. The premium payable for the acquisition freehold of the properties should be £10,934 (Ten thousand,nine hundred and thirty four pounds) This case was in relation to 3 flats. The number of years remaining on the existing lease(s) was 75 years.
How much experience do your Old Coulsdon conveyancing solicitors have with Help To Buy, Shared Equity and similar schemes?
Old Coulsdon conveyancing lawyers help thousands of buyers move home every year and supported lots of clients through the Help To Buy scheme. The chances are that whatever makes your case unique Old Coulsdon conveyancers have worked on recent similar cases.