Can you explain why leasehold purchase conveyancing in Slade Green costs more?
Slade Green leasehold properties involve far more paperwork than a freehold purchase, and therefore takes more time to examine and advise upon.Conveyancing will involve the lease having to be checked which is usually a lengthy document, queries raised to ensure that the covenants and conditions have been observed. If it is a flat there will be a management company in existence and the accounts of this will need to be checked and enquiries raised to ensure it is operating efficiently and that all monies due have been paid by the Seller to the company and if not ensuring that money is paid up to date or the appropriate undertakings obtained.
We are purchasing a house and the conveyancer has identified Chancel Repair to which the house could be liable as it falls into the area of such a church. She has suggested insurance. Is this strictly warranted for conveyancing in Slade Green
Unless a previous acquisition of the premises completed post 12 October 2013 you may take it that solicitors delivering conveyancing in Slade Green to continue to recommend a chancel search and or chancel repair liability policy.
Despite weeks of looking the Title Certificate and documents to my home can not be found. The lawyers who dealt with the conveyancing in Slade Green 4 years ago no longer exist. What are my options?
In today’s world there are copies made of almost everything, and your lawyer will be aware precisely where to locate all the appropriate documentation so you can buy or dispose of your house without any difficulty. Where copies can’t be located, your lawyer may be able to put in place insurance or indemnities protecting you against future claims on your property.
How does conveyancing in Slade Green differ for newly converted properties?
Most buyers of new build residence in Slade Green come to us having been asked by the developer to exchange contracts and commit to the purchase even before the house is finished. This is because new home sellers in Slade Green usually buy 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 conveyancers 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 Slade Green or who has acted in the same development.
My brother has suggested that I use his conveyancing solicitors in Slade Green. Should I choose my own conveyancer?
No doubt it’s preferable to choose a conveyancing practitioner is to get recommendations from friends or family who have actually experience in using the conveyancer you're considering.
I've recently bought a leasehold flat in Slade Green. Do I have any liability for service charges for periods before my ownership?
Where the service charge has already been demanded from the previous lessee and they have not paid you would not usually be personally liable for the arrears. However, your landlord may still be able to take action to forfeit the lease. A critical element of leasehold conveyancing for your conveyancer to be sure to have an up to date clear service charge receipt before completion of your purchase. If you have a mortgage this is likely to be a requirement of your lender.
If you purchase part way through an accounting year you may be liable for charges not yet demanded even if they relate to a period prior to your purchase. In such circumstances your conveyancer would normally arrange for the seller to set aside some money to cover their part of the period (usually called a service charge retention).
Following months of correspondence we simply can't agree with our landlord on how much the lease extension should cost for our flat in Slade Green. Can we issue an application to the Residential Property Tribunal Service?
Absolutely. We can put you in touch with a Slade Green conveyancing firm who can help.
An example of a Lease Extension decision for a Slade Green flat is Various @ Colombus Square in January 2012. the Tribunal calculated the premiums to be paid for new leases for each of the flats in Mariners Walk to be £3822 and the premium to be paid for the new lease of 2 Knights Court to be £4439. This case was in relation to 13 flats. The unexpired term as at the valuation date was 76 years.
