A friend advised me that where I am purchasing in Plumstead I should ask my conveyancer to perform a Neighbourhood, Planning and Local Amenity Search. Can you explain what the purpose of this search is?
A search of this type is occasionally included in the estimate for your Plumstead conveyancing searches. It is a large report of about 40 pages, listing and detailing important information about Plumstead around the property and the people living there. It incorporates an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the Plumstead Housing Market, Council Tax Banding, the demographics of People living in the area, the dominant type of Housing, the Average House Prices, Crime details, Plumstead Education with maps and statistics, Local Amenities and other useful data about Plumstead.
Despite weeks of looking the Title Certificate and documents to my house are lost. The solicitors who conducted the conveyancing in Plumstead 4 years ago no longer exist. What do I do?
As long as the title is registered the details of your ownership will be recorded by the Land Registry under a Title Number. It is easy to execute a search at the Land Registry, locate your house and get current copies of the property title for a small fee. Where the title is Leasehold then the Land Registry will also normally retain a certified copy of the Registered Lease and again, a copy can be ordered for a small fee.
Over the last few months I have been searching for a ground for flat up to £235,500 and found one close by in Plumstead I like with a park and station in the vicinity, the downside is that it's only got 49 years on the lease. I can't really find anything else in Plumstead in this price bracket, so just wondered if I would be making a grave error acquiring a lease with such few years left?
Should you need a mortgage that many years will likely be problematic. Discount the price by the expected lease extension will cost if it has not already been discounted. If the existing proprietor has owned the property for at least twenty four months you could request that they 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 concerning this matter.
I'm converting the mortgage on my primary house to a BTL loan with Leeds Building Society and I will use the rest of the raised equity towards another property. The area we are looking at is Plumstead. Will your lawyers be able to act for the two banks and link together the transactions?
Make use of our comparison tool on this site to be sure that the lawyers are approved by both lenders. Assuming that they are the conveyancer should be able to connect the two conveyancing matters but you should have a chat with you solicitor and make apparent your desired outcome and requirements.
We're first time buyers - had an offer accepted, but the agent informed us that the owners will only proceed if we use their chosen solicitors as they need a ‘quick sale’. My instinct tells me that we should use a family conveyancer who is accustomed to conveyancing in Plumstead
We suspect that the seller is not behind this requirement. Should the vendor want ‘a quick sale', taking such a hostile approach to a genuine buyer is likely to cause more damage than good. Speak to the owners direct and make sure they comprehend that (a)you are keen to buy (b)you are ready to go, with finances arranged © you do not need to sell (d) you wish to move quickly (e)however you are going to appoint your preferred Plumstead conveyancing solicitors - not the ones that will earn the estate agent a referral fee or achieve conveyancing targets pre-set by senior management.
I am in need of some leasehold conveyancing in Plumstead. Before diving in I require certainty as to the number of years remaining on the lease.
If the lease is recorded at the land registry - and almost all are in Plumstead - then the leasehold title will always include the basic details 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.
I have tried to negotiate informally with with my landlord to extend my lease without any joy. Can the Leasehold Valuation Tribunal decide on such matters? Can you recommend a Plumstead conveyancing firm to act on my behalf?
if there is a absentee freeholder or if there is dispute about what the lease extension should cost, under the relevant statutes you can apply to the First-tier Tribunal (Property Chamber) to determine the sum to be paid.
An example of a Lease Extension decision for a Plumstead property 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 affected 1 flat.