We are buying a flat and need a conveyancing solicitor in Ravenscourt Park who is on the Co-operative approved panel. Could you point me in the right direction as regards a firm?
Our service is limited to being a directory service for firms who wish to be listed as being on the approved conveyancing panel for Co-operative . We don't recommend any particular firms conducting conveyancing in Ravenscourt Park.
Will our lawyer be raising questions regarding flooding as part of the conveyancing in Ravenscourt Park.
Flooding is a growing risk for lawyers dealing with homes in Ravenscourt Park. Plenty of people will buy a property in Ravenscourt Park, fully expectant that at some time, it may be flooded. However, leaving to one side the physical destruction, where a property is at risk of flooding, it may be difficult to get a mortgage, adequate insurance cover, or dispose of the property. Steps can be carried out as part of the conveyancing process to forewarn the buyer.
Lawyers are not best placed to give advice on flood risk, but there are a various searches that may be initiated by the buyer or on a buyer’s behalf which will give them a better appreciation of the risks in Ravenscourt Park. The standard information supplied to a purchaser’s solicitor (where the solicitors are adopting what is known as the Conveyancing Protocol) incorporates a usual inquiry of the owner to find out whether the premises has historically flooded. In the event that flooding has previously occurred and is not disclosed by the owner, then a purchaser may bring a claim for damages as a result of such an misleading response. A purchaser’s lawyers may also carry out an enviro search. This will disclose if there is any known flood risk. If so, additional investigations will need to be carried out.
How does conveyancing in Ravenscourt Park differ for new build properties?
Most buyers of new build premises in Ravenscourt Park come to us having been asked by the housebuilder to sign contracts and commit to the purchase even before the premises is completed. This is because house builders in Ravenscourt Park typically acquire the site, 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 property lawyers 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 accustomed to new build conveyancing in Ravenscourt Park or who has acted in the same development.
I am looking for a ground for flat up to £245,000 and identified one round the corner in Ravenscourt Park I like with amenity areas and railway links in the vicinity, the downside is that it only has 61 remaining years left on the lease. I can't really find anything else in Ravenscourt Park for this price, so just wondered if I would be making a grave error buying a short lease?
If you need a home loan the remaining unexpired lease term will be a potential deal breaker. Discount the price by the expected lease extension will cost if not already taken into account. If the existing proprietor has owned the premises for at least 2 years you can request that they start the process of the extension and then assign it to you. An additional ninety years can be extended on to the current lease term with a zero ground rent applied. You should consult your conveyancing lawyer concerning this.
My husband and I are a fortnight into a leasehold purchase having been recommend to conveyancers by the selling agent to do our conveyancing in Ravenscourt Park. I am am starting to be disappointed with the level of service. Can you help me find new solicitors?
They would have to be very bad to suggest replacing them. Has your mortgage been generated? If so you need to advise them of the new conveyancer and ensure the loan are re-issued. Your new solicitor ideally should be on the mortgage company panel to avoid added charges and complications. That should be your first question of the new solicitors. The find a solicitor tool will help you find a lender approved solicitor for your home move in Ravenscourt Park
There are only Seventy years left on my flat in Ravenscourt Park. I now wish to get lease extension but my freeholder is missing. What options are available to me?
On the basis that you meet the appropriate requirements, under the Leasehold Reform, Housing and Urban Development Act 1993 you can submit an application to the County Court for for permission to dispense with the service of the initial notice. This will enable the lease to be lengthened by the magistrate. However, you will be required to prove that you have done all that could be expected to find the landlord. For most situations a specialist should be helpful to conduct investigations and prepare a report which can be used as proof that the freeholder is indeed missing. It is wise to seek advice from a property lawyer in relation to proving the landlord’s absence and the vesting order request to the County Court covering Ravenscourt Park.
I have had difficulty in seeking a lease extension in Ravenscourt Park. Can the Leasehold Valuation Tribunal adjudicate on premiums?
Where there is a absentee landlord or if there is disagreement about the premium for a lease extension, under the relevant legislation it is possible to make an application to the First-tier Tribunal (Property Chamber) to arrive at the premium.
An example of a Freehold Enfranchisement case for a Ravenscourt Park flat is 19 Crisp Road in June 2009. Following a vesting order (Under section 26 of the Leasehold Reform,Housing and Urban Development Act 1993) The tribunal determined that the premium payable for the acquisition of the freehold was £33,756,apportioned as to£12,285 for the lower at and £21,471for the upper fat. This case related to 2 flats. The number of years remaining on the existing lease(s) was 68.32 years.