Just had an offer accepted on a new build apartment in Purley. Conveyancing is daunting at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build legal work.
Here is a sample of a few leasehold new build questions that you can expect your new-build leasehold conveyancing in Purley
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Where service of notices and proceedings can be at the property demised please confirm that this can be amended to include simultaneous services at the Lessees’ solicitors’ offices where the Lessee from time to time is not resident in the UK - such solicitors may be varied by notice in writing to the Landlord from time to time but otherwise will be as previously specified. There must be mutual enforceability of lessee’s covenants. Please supply a car parking plan. Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents.
Due to the advice of my in-laws I had a survey completed on a property in Purley before retaining solicitors. I have been advised that there is a flying freehold element to the property. The surveyor advised that some banks tend not grant a loan on a flying freehold home.
It varies from the lender to lender. Santander has different instructions for example to Birmingham Midshires. If you call us we can check with the appropriate lender. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Purley. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Purley to see if the conveyancing costs will increase in light of this.
I am looking into buying my first house which is in Purley and I am already nervous. I couldn't find anything specific about Purley. Conveyancing will be needed in due course but do you know about the Purley area? or perhaps some other tips you can share?
Rather than looking online forget looking online you should go and have a look at Purley. In the meantime here are some basic statistics that we found
In searching the internet for the words cheap conveyancing in Purley it brings up many property lawyersin the vicinity. With so much choice what is the best way to find the right conveyancer for my move?
The preferential method of finding a suitable conveyancer is through a personal recommendation, so seek the counsel of colleagues and relatives who have purchased a property in Purley or a respected estate agent or mortgage broker. Fees for conveyancing in Purley differ, so it's a good idea to request at least four fee estimates from different law firms. Dont forget to clarify that the fees are fixed.
My wife and I purchased a leasehold flat in Purley. Conveyancing and Halifax mortgage are in place. A letter has just been received from someone claiming to own the reversionary interest in the property. Attached was a demand for arrears of ground rent dating back to 1991. The conveyancing solicitor in Purley who acted for me is not around. Any advice?
First make enquiries of the Land Registry to make sure that this person is in fact the new freeholder. It is not necessary to incur the fees of a Purley conveyancing solicitor to do this as you can do this on the Land Registry website for £3. You should note that in any event, even if this is the legitimate landlord, under the Limitation Act 1980 the limitation period for recovery of ground rent is six years.
I have tried to negotiate informally with with my landlord to extend my lease without any joy. Can the Leasehold Valuation Tribunal adjudicate on such matters? Can you recommend a Purley conveyancing firm to help?
Absolutely. We are happy to put you in touch with a Purley conveyancing firm who can help.
An example of a Freehold Enfranchisement decision for a Purley flat is The Woodlands 95 Purley Park Road in April 2009. The Tribunals own valuation produced the figure of £37,912. This case was in relation to 6 flats. The remaining number of years on the lease was 78.32 years.
For various reasons I am unable to get to my Purley conveyancing lawyers office to execute documents connected to my conveyancing in Purley – will this be an issue?
You need not be concerned. Purley conveyancing lawyers can deal with conveyancing transactions for clients nationally. You are unlikely to be required to attend a Purley conveyancers office. Almost all conveyancing practitioner can undertake all communications remotely from their Purley premises.