Why would one use a Peckham conveyancing practice when internet based alternatives are so much cheaper?
To take your time to find scrutinise conveyancing costs in Peckham and you should seek a competitive fee calculation but don’t become consumed with looking for the cheapest Peckham conveyancer. Locating the right conveyancer can be the distinction between a seamless and a frustrating move. You need to ensure that you have expert guidance from a specialist conveyancer. An e-mail can never be as helpful as a phone call and are no substitute for a face to face meeting. Our partner firms will appoint you a qualified and experienced conveyancing solicitor that will deal with your conveyancing from from the outset to completion, giving the sort of continuity that you will never get with an web based conveyancer. He or She will keep you updated on progress making sure that you are never in the dark. Should you need to call the firm you will know who to ask for and they will be sure you're not left wondering what's going on.
I have given 8 weeks notice to my current landlord and must be out of my rented property in Peckham by the end of next month. Conveyancing on my purchase has just started. How realistic is it to complete in six weeks as don't want to have to find short term accommodation?
It is unwise to provide notice on a rental until exchange of contracts has taken place. If you have not previously done so, contact to your conveyancer and urge them to they seek the assistance the owners lawyers, try to get a realistic time scale from them that all parties will look to achieve
I am the registered owner of a freehold premises in Peckham yet pay rent, why is this and what is this?
It’s unusual for properties in Peckham and has limited impact for conveyancing in Peckham but some freehold properties in England (particularly common in North West England) pay an annual sum known as a Chief Rent or a Rentcharge to a third party who has no other legal interest in the land.
Rentcharge payments are usually between £2.00 and £5.00 per year. Rentcharges have existed for hundreds of years, but the Rent Charge Act 1977 barred the establishment of fresh rentcharges post 1977.
Old rentcharges can now be extinguished by making a lump sum payment under the Act. Any rentcharges that are still in existence post 2037 is to be dispensed with completely.
Do commercial conveyancing searches disclose impending roadworks that may affect a commercial estate in Peckham?
Its becoming the norm that commercial conveyancing solicitors in Peckham will execute a SiteSolutions Highways report as it reduces the time that conveyancers invest in looking into accurate data on highways that impact buildings and development assets in Peckham. The report sets out definitive data on the adoption status of roads, footpaths and verges, as well as the implication of traffic schemes and the rights of way surrounding a commercial development sites in Peckham.
For each commercial conveyancing transaction in Peckham it is critical to investigate the adoption status of roads surrounding a site. Failure to identify developments where adoption procedures have not been dealt with adequately can result in delays to Peckham commercial conveyancing deals as well as present a risk to future plans for the site. These searches are not ordered for residential conveyancing in Peckham.
Yesterday I discovered that there is a flying freehold issue on a property I put an offer in last month in what was supposed to be a straight forward, no chain conveyancing. Peckham is the location of the property. Can you offer any guidance?
Flying freeholds in Peckham are unusual but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Peckham you must be sure that your lawyer goes through the deeds very carefully. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Peckham may determine that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold residence.
I've recently bought a leasehold property in Peckham. Do I have any liability for service charges relating to a period prior to my ownership?
Where the service charge has already been demanded from the previous lessee and they have not paid you would not usually be personally liable for the arrears. Strange as it may seem, your landlord may still be able to take action to forfeit the lease. It is an essential part of leasehold conveyancing for your conveyancer to be sure to have an up to date clear service charge receipt before completion of your purchase. If you have a mortgage this is likely to be a requirement of your lender.
If you purchase part way through an accounting year you may be liable for charges not yet demanded even if they relate to a period prior to your purchase. In such circumstances your conveyancer would normally arrange for the seller to set aside some money to cover their part of the period (usually called a service charge retention).
After months of correspondence we are unable to agree with our landlord on how much the lease extension should cost for our flat in Peckham. Can we issue an application to the Residential Property Tribunal Service?
Most certainly. We are happy to put you in touch with a Peckham conveyancing firm who can help.
An example of a Freehold Enfranchisement decision for a Peckham residence is 31 Kings Grove in January 2012. By a claim form issued on 11" August 2011 under action number 1LB01618 in the Lambeth County Court the applicant tenants sought dispensation under section 26 of the Leasehold Reform, Housing and Urban Development Act 1993 from the requirement to serve a notice under section 13 of that Act in order to purchase the freehold of the premises. The Tribunal decided the amount payable for the freehold as £10,728 This case affected 2 flats. The number of years remaining on the existing lease(s) was 80.5 years.