We were going to get a OIP from Nationwide this week so we can work out what to offer on a property we like as otherwise we are dependent on web based calculators (which aren't taking into account credit checks etc). Do Nationwide recommend any South Norwood solicitors on the Nationwide conveyancing panel, or is it better to find our own lawyer?
You will need to appoint South Norwood solicitors independently although you'll need to choose one on the Nationwide conveyancing panel. The solicitor represents both you and Nationwide through the process.
My husband and I are spending time looking at apartments in South Norwood and I am about to put in an offer. Is it premature to have a solicitor in place? I intend to finance via a mortgage with TSB.
You should start requesting conveyancing estimates from solicitors ASAP. Once you decide who you want to use and once your offer is accepted you can instruct them to work for you and pass their contact information on to the selling agent. As you are seeking a mortgage with TSB, make sure you remember to check that your lawyer is on the TSB conveyancing panel.
UBS have agreed my home loan in principle, my offer on a flat in South Norwood has been accepted, what are the next steps?
Your property agent will need to be advised as to your conveyancing practitioner's details (make sure the property lawyers are on the bank’s panel). Telephone UBS or your financial adviser and finalise any appropriate paperwork. UBS will appoint a valuer who will get in touch with the selling agent or vendor to book a slot for the valuation to occur. Once conducted (assuming no problems) it takes approximately a week for the mortgage offer to be issued. UBS will send the offer to you and your lawyers. The legal work will then take it’s course according the nature and complexity of the conveyancing in South Norwood.
My relative suggested that where I am buying in South Norwood I should carry out a Neighbourhood, Planning and Local Amenity Search. What does it cover?
A search of this type is sometimes quoted for as part of the standard South Norwood conveyancing searches. It is a large document of more than thirty pages, listing and setting out important information about South Norwood around the property and the people living there. It includes an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the South Norwood Housing Market, Council Tax Banding, the demographics of People living in the area, the dominant type of Housing, the Average House Prices, Crime statistics, South Norwood Education with plans and statistics, Local Amenities and other useful information regarding South Norwood.
I am a sole trader hoping to take over a lease of an office on a shopping parade. Can you recommend conveyancers offering competitive fees for commercial conveyancing in South Norwood for below £1,200?
We can recommend firms who have an in-depth of experience of commercial conveyancing in South Norwood, including the sale and acquisition of businesses as well as simply property. If you are looking to acquire or lease a shop, pub, restaurant, office, retail premises or a complete business we can find you the right lawyer. Regarding the costs this will depend on the structure and complexity of the proposed transaction. Let us have your details or email so as to enable us to supply you with comprehensive commercial conveyancing calculation.
In searching the web for the term cheap conveyancing in South Norwood it reveals many solicitorsin the area. How do I determine which is the suitable conveyancer for my move?
The preferential way of finding the right conveyancer is via personal testimonial, so ask friends and family who have purchased a property in South Norwood or the respected estate agent or mortgage broker. Charges for conveyancing in South Norwood differ, so it's sensible to request at least three costs illustrations from different solicitors. Dont forget to clarify what costs in the quote includes.
My wife and I purchased a leasehold house in South Norwood. Conveyancing and Coventry Building Society mortgage organised. A letter has just been received from someone saying they have taken over the reversionary interest in the property. It included a demand for arrears of ground rent dating back to 1995. The conveyancing solicitor in South Norwood who acted for me is not around. Do I pay?
First contact HMLR to be sure that this person is in fact the registered owner of the freehold reversion. It is not necessary to instruct a South Norwood conveyancing solicitor to do this as it can be done on-line for a few pound. You should note that in any event, even if this is the rightful landlord, under the Limitation Act 1980 the limitation period for recovery of ground rent is six years.
I am the registered owner of a ground-floor 1950’s flat in South Norwood. In the absence of agreement between myself and the freeholder, can the Leasehold valuation Tribunal make a decision on the sum payable for a lease extension?
in cases where there is a absentee freeholder or where there is dispute about the premium for a lease extension, under the Leasehold Reform, Housing and Urban Development Act 1993 you can apply to the First-tier Tribunal (Property Chamber) to determine the price payable.
An example of a Lease Extension matter before the tribunal for a South Norwood premises is Flats 55, 67 & 70 Melbourne Court Anerley Road in July 2013. The tribunal calculated that the premium for the extended lease at £48,366.00 for at 55, and £88,329.00 for ats 67 and 70 combined. This case affected 1 flat. The unexpired term was 26.38 years.
Being a tenant I am liable for a maintenance contribution for my flat in South Norwood. As a result of flawed financial planning I fell behind with remittance. I negotiated a clearance plan but there remains approximately £1750 due to be paid.
I now wish to dispose of the property and I am worried this could hold me back if I have to discharge the amount due now. Do I have to settle before - is this achievable?
Your conveyancing practitioner should be able to negotiate with the appropriate parties, with a new to seeing if they would accept settlement out of the sale proceeds. Here is indicative of why it is advisable to use a solicitor in South Norwood as they may well enjoy an established relationship with the management company.