The Selsdon conveyancing firm handling our Selsdon conveyancing has discovered an inconsistency between the information in the valuation survey and what is revealed within the conveyancing documents. My solicitor informs me that he is duty bound to ensure that the lender is OK with this discrepancy and is still content to lend. Is my solicitor’s course or action correct?
Your conveyancer must comply with the UK Finance Lenders’ Handbook provisions which do require that your lawyer disclose any incorrect assumptions in the lender’s valuation report and the legal papers. Should you refuse to allow your lawyer to make the appropriate notification then your lawyer will have no choice but to discontinue acting for both parties.
As someone not used to the Selsdon conveyancing process what is your top tip you can give me concerning the legal transfer of property in Selsdon
Not many law firms shout this from the rooftops but conveyancing in Selsdon and elsewhere in Surrey is an adversarial experience. In other words, when it comes to conveyancing there exists lots of room for friction between you and other parties involved in the home moving process. E.g., the vendor, estate agent and even potentially a bank. Choosing a law firm for your conveyancing in Selsdon is a critical decision as your conveyancer is your adviser, and is the ONE person in the transaction whose responsibility is to look after your best interests and to protect you.
There is a worrying creep in the "blame" culture- someone must be blamed for the process being so protracted. You your first instinct should be to trust your conveyancer ahead of the other parties when it comes to the legal transfer of property.
I own a semi-detached Georgian house in Selsdon. Conveyancing practitioner acted for me and Alliance & Leicester . I happened to do a free search for it on the Land Registry database and there are a couple of entries: the first freehold, the second leasehold with the exact same address. I thought I was buying a freehold how can I check?
You should review the Freehold register you have again and check the Charges Register as there may be mention of a lease. The best way to be sure that you are also the registered proprietor of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Selsdon and other locations in the country and poses no real issues for owners other than when they remortgage they have to account for both freehold and leasehold interests when dealing with purchasers. You can also question the situation with the conveyancing practitioner who completed the work.
How does conveyancing in Selsdon differ for newly converted properties?
Most buyers of new build or newly converted property in Selsdon contact us having been asked by the seller to sign contracts and commit to the purchase even before the property is ready to move into. This is because developers in Selsdon usually acquire 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 conveyancing solicitors 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 Selsdon or who has acted in the same development.
I am looking for a conveyancing practitioner in Selsdon for my sale. Is there any facility to review a firm’s complaints history with the profession’s regulator?
One can read presented Solicitor Regulator Association (SRA) determinations arising from investigations from 2008 onwards. Visit Check a solicitor's record. To find information about the period before 1 January 2008, or to check a solicitors history, telephone 0870 606 2555, 08.00 - 18.00 Monday, Wednesday, Thursday, Friday and 09.30 - 18.00 Tuesday. For non-uk callers, dial +44 (0)121 329 6800. The SRA sometimes recorded telephone calls for training requirements.
Helen (my wife) and I may need to sub-let our Selsdon basement flat temporarily due to a career opportunity. We used a Selsdon conveyancing practice in 2004 but they have since shut and we did not think at the time seek any guidance as to whether the lease allows us to sublet. How do we find out?
Some leases for properties in Selsdon do contain a provision to say that subletting is only permitted with prior consent from the landlord. The landlord cannot unreasonably refuse but, in such cases, they would need to see references. Experience dictates that problems are usually caused by unsatisfactory tenants rather than owner-occupiers and for that reason you can expect the freeholder to take up the references and consider them carefully before granting permission.
I am the proprietor of a basement flat in Selsdon. Given that I can not reach agreement with the freeholder, can the Leasehold valuation Tribunal make a decision on the sum payable for a lease extension?
Most certainly. We can put you in touch with a Selsdon conveyancing firm who can help.
An example of a Freehold Enfranchisement case for a Selsdon property 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 unexpired term as at the valuation date was 78.32 years.