Can I use your services to find a Conveyancing solicitor in Plumstead even where I’m not buying or disposing of a house, for example if I want to acquire an office in Plumstead with a mortgage from The Mortgage Works?
Our search tool is mainly used to help choose domestic conveyancing solicitors in Plumstead but we have set out towards the end of this page a selection of Plumstead commercial conveyancing firms. You should speak with the company directly to check if they can also act for The Mortgage Works
I have been told that property searches are the primary reason for delay in Plumstead house deals. Is that correct?
The Council of Property Search Organisations (CoPSO) released findings of research by MoveWithUs that conveyancing searches do not feature within the most frequent causes of delays during the legal transfer of property. Searches are not likely to be the root cause of holding up conveyancing in Plumstead.
How does conveyancing in Plumstead differ for newly converted properties?
Most buyers of new build or newly converted property in Plumstead contact us having been asked by the seller to exchange contracts and commit to the purchase even before the house is built. This is because house builders in Plumstead usually buy the real estate, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are used to new build conveyancing in Plumstead or who has acted in the same development.
Due to the guidance of my in-laws I had a survey completed on a property in Plumstead prior to instructing conveyancers. I have been told that there is a flying freehold element to the property. Our surveyor advised that some banks will refuse to give a mortgage on such a house.
It depends who your proposed lender is. Santander has different requirements for example to Nationwide. Should you wish to call us we can check via the relevant mortgage company. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Plumstead. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Plumstead to see if the conveyancing will be more expensive.
How can the Landlord & Tenant Act 1954 impact my commercial premises in Plumstead and how can your lawyers assist?
The 1954 Act provides security of tenure to business leaseholders, giving them the a statutory right to make a request to court for a continuation of occupancy when the lease reaches an end. There are limited grounds where a landlord can refuse a lease renewal and the rules are complicated. Fees are different for commercial conveyancing. Plumstead is one of our many locations in which our lawyers are based
Having had my offer accepted I require leasehold conveyancing in Plumstead. Before I get started I want to be sure as to the unexpired term of the lease.
If the lease is recorded at the land registry - and most are in Plumstead - then the leasehold title will always include the short particulars of the lease, namely the date; the term; and the original parties. From a conveyancing perspective such details then enable any prospective buyer and lender to confirm that any lease they are looking at is the one relevant to that title. For any other purpose, such as confirming how long the term was granted for and calculating what is left, then the register should be sufficient on it's own.
We have reached the end of our tether in trying to purchase the freehold in Plumstead. Can this matter be resolved via the Leasehold Valuation Tribunal?
You certainly can. We can put you in touch with a Plumstead conveyancing firm who can help.
An example of a Lease Extension matter before the tribunal for a Plumstead residence is 103a Footscray Road in January 2014. The tribunal determines that the premium payable for the extended lease should be £34,500 according to the expert witness valuation calculation This case related to 1 flat.