I am getting closer to an exchange on a house in St Paul's Cray and my mum and dad have transferred the ten percent deposit to my conveyancer. I am now informed that as the deposit has not come from me my conveyancing practitioner needs to disclose this to my bank. I am advised that, in also acting for the lender he must advise them that the balance of the purchase price is coming from anyone other than me. I disclosed to the mortgage company about my parents' contribution when I applied for the mortgage, so is it really appropriate for this now to be an issue?
The lawyer is duty bound to clarify with mortgage company to ensure that they are aware that the balance of the purchase price is not from your own resources. Your solicitor can only notify this to your lender if you permit them to, failing which, your lawyer must cease to continue acting.
The deeds to my home are lost. The lawyers who handled the conveyancing in St Paul's Cray 5 years ago no longer exist. What are my options?
Gone are the days when you need to hold title deeds to establish that you are the owner of your registered land or property, as the Land Registry hold details of all registered land or property electronically.
I'm refinancing my existing house to a BTL loan with Virgin Money and I will use the ballance of the raised equity as a down payment on further house. The neighborhood we are interested in is St Paul's Cray. Will your solicitors be able to act for both sets of banks and tie in the two deals?
Do use our comparison tool on this page to ensure that the solicitors are on the appropriate lender panels. Assuming that they are your solicitor should be able to tie up the two deals but you should talk with you conveyancer and make clear your expectations and requirements.
I am using a search engine for the term conveyancing in St Paul's Cray it brings up numerous solicitorslocally. How do I determine which is the right property lawyer for the sale of my house?
The ideal method of choosing the right conveyancer is through a trusted recommendation, so enquire of friends and relatives who have acquired a property in St Paul's Cray or the local estate agent or financial adviser. Fees for conveyancing in St Paul's Cray vary, so it's a good idea to obtain a minimum of four costs illustrations from varying types of property lawyers. Dont forget to clarify that the fees are fixed.
If all goes to plan we aim to complete the sale of our £350,000 apartment in St Paul's Cray next Thursday. The managing agents has quoted £300 for Landlord’s certificate, insurance certificate and previous years statements of service charge. Is the landlord entitled to charge exorbitant fees for a leasehold conveyance in St Paul's Cray?
St Paul's Cray conveyancing on leasehold apartments often necessitates the buyer’s conveyancer submitting questions for the landlord to address. Although the landlord is not legally bound to address these enquiries most will be content to do so. They may invoice a reasonable administration fee for answering enquiries or supplying documentation. There is no upper cap for such fees. The average costs for the information that you are referring to is £350, in some situations it is in excess of £800. The management information fee required by the landlord must be sent together with a synopsis of rights and obligations in respect of administration fees, without which the invoice is not strictly payable. In reality one has little option but to pay whatever is demanded if you want to exchange contracts with the buyer.
I have tried to negotiate informally with with my landlord to extend my lease without success. Can the Leasehold Valuation Tribunal adjudicate on such matters? Can you recommend a St Paul's Cray conveyancing firm to help?
Most definitely. We can put you in touch with a St Paul's Cray conveyancing firm who can help.
An example of a Lease Extension case for a St Paul's Cray residence is 1 Southlands Court Southlands Road in September 2013. The Leasehold Valuation Tribunal determined that the premium to be paid by the tenant on the grant of a new lease, in accordance with section 56 and Schedule 13 of the Leasehold Reform, Housing and Urban Development Act 1993 was £30,541 This case affected 1 flat. The unexpired term was 50.57 years.
What is the reason for new build conveyancing in St Paul's Cray being more expensive?
Conveyancing in St Paul's Cray for recently converted or new build properties can sometimes involve adoption of highways & drains, building regulations approval, planning permission, new build warranties such NHBC as well as additional investigations and contractual concerns.