It has come to my attention via my lender that my Ravenscourt Park lawyer is not on the lender Conveyancing panel. What can I do to be sure if this is correct?
You need to call your Ravenscourt Park lawyer directly. You lawyer should advise you of the situation. Where they are not on the panel they may be able to suggest a Ravenscourt Park conveyancing practice that is on the approved list of lawyers for your lender.
Completed the sale of my flat in Ravenscourt Park last July but my buyer keeps e-mailing every few hours complaining that his solicitor needs to hear from mine. What should my lawyer have done following completion?
Post completion of your disposal your conveyancer should send the transfer deeds and all of the paperwork to the buyer’s conveyancer. Where appropriate, your conveyancer must also evidence that the home loan has been redeemed to the buyers solicitors. There is unlikely to be post completion procedures just for conveyancing in Ravenscourt Park.
Various internet forums that I have frequented warn that are the main reason for obstruction in Ravenscourt Park conveyancing transactions. Is that correct?
The Council of Property Search Organisations (CoPSO) has noted the findings of a review by MoveWithUs that conveyancing searches do not figure amongst the common causes of delays in the conveyancing process. Local searches are not likely to feature in any holding up conveyancing in Ravenscourt Park.
About to purchase a new build flat in Ravenscourt Park. 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.
Set out below is a sample of a few leasehold new build enquiries that you can expect your new-build leasehold conveyancing in Ravenscourt Park
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If there are lifts in the building, please confirm that the owners of flats on the ground and basement floors will not be required to contribute towards the cost of maintenance and renewal. There must be mutual enforceability of lessee’s covenants. Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? The Vendor must covenant to keep unoccupied units in good repair until long leases are granted therefore.
There are only Fifty years remaining on my flat in Ravenscourt Park. I now wish to get lease extension but my landlord is missing. What should I do?
On the basis that you meet the appropriate requirements, under the Leasehold Reform, Housing and Urban Development Act 1993 you can apply 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 Court. However, you will be required to demonstrate that you have made all reasonable attempts to track down the landlord. On the whole an enquiry agent would be helpful to carry out a search and prepare an expert document which can be used as evidence that the freeholder can not be located. It is wise to seek advice from a conveyancer in relation to devolving into the landlord’s disappearance and the application to the County Court overseeing Ravenscourt Park.
We have reached the end of our tether in trying to purchase the freehold in Ravenscourt Park. Can this matter be resolved via the Leasehold Valuation Tribunal?
in cases where there is a absentee freeholder or if there is dispute about the premium for a lease extension, under the Leasehold Reform, Housing and Urban Development Act 1993 it is possible to make an application to the LVT to arrive at the price payable.
An example of a Freehold Enfranchisement case for a Ravenscourt Park premises 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 was in relation to 2 flats. The unexpired term was 68.32 years.
What is the reason for my conveyancing practitioner requiring various items of ID before they can proceed with selling or purchasing a property in Ravenscourt Park?
Ravenscourt Park solicitors are required by the Law Society, SRA, HMLR and current AML Regulations to record that the have verified the identity of their clients. It is also sometimes a condition of your bank if you are taking a mortgage. In addition they have to complete various forms, particularly those relating to Land Tax and need to have details such as your full names, national insurance number and DOB.