Are you able to vouch for a Britannia sanctioned Streatham conveyancing practice who can have us moved in within less than a month? Would it be better to use a high street Streatham conveyancer or a nationwide comparison site?
We would be happy to suggest some excellent Streatham conveyancing firms. Another option is to visit the main road in Streatham. Go in to a couple of firms and request to see a conveyancing solicitor for a costs illustration. Discuss your deadline together with your reasons and ask for a commitment on speed. Appoint the lawyer that genuine.
Forgive me if this question is silly but I am unseasoned as FTB of a ground floor flat in Streatham. Do I receive the keys to the property on the completion date from my lawyer? If this is the case, I will appoint a local conveyancing solicitor in Streatham?
There is no need to visit the lawyers office on the day of completion. Your solicitors will arrange to send the purchase money to the seller's conveyancers, and once they have received this, you will be invited to receive the keys from the Estate Agents and move into your new home. This tends to happen early afternoon.
We are buying a 4 bedroom semi-detached house in Streatham. Our aim is to an extension at the rear at the property.Will the conveyancing process involve checks to ascertain if these alterations are permitted?
Your solicitor will check the registered title as conveyancing in Streatham can on occasion identify restrictions in the title documents which prevent certain changes or require the consent of a 3rd party. Many additions require local authority planning consent and approval under the building regulations. Some areas are designated conservation areas and special planning restrictions apply which frequently prevent or affect extensions. It would be sensible to check these issues with a surveyor prior to committing yourself to a purchase.
Completion of my purchase has taken place for my property in Streatham. Conveyancing was of an acceptable standard but I would like to complain about the lender. How do I make a complaint?
Almost all banks and building societies have complaints procedures. Your first port of call should be one of the lender’s branches or the Customer Services Team at head office. We understand that complaints to a lender are resolved very quickly. However if you are not satisfied that the matter is not resolved you can write to Financial Ombudsman Service, South Quay Plaza, 183 Marsh Wall, London E14 9SR who will take matters further.
Over the last few months I have been searching for a leasehold apartment up to £195,000 and identified one round the corner in Streatham I like with a park and station nearby, the downside is that it's only got 61 years on the lease. I can't really find anything else in Streatham for this price, so just wondered if I would be making a mistake buying a lease with such few years left?
Should you require a mortgage that many years may be an issue. Reduce the offer by the amount the lease extension will cost if it has not already been discounted. If the existing proprietor has owned the premises for at least 2 years you could ask them to start the process of the extension and then assign it to you. You can add 90 years to the current lease term with a zero ground rent applied. You should speak to your conveyancing solicitor regarding this matter.
Is it best to instruct a Streatham conveyancing lawyer in close proximity to the house I am purchasing? I have an old university friend who can perform the legal work but they are based approximately 350kilometers away.
The primary upside of using a local Streatham conveyancing practice is that you can pop in to sign documents, deliver your ID and pester them where appropriate. They will also have local intelligence which is a plus. That being said nothing is more important than finding someone that will pull out all the stops for you. If you know people who instructed your friend and the majority were impressed that should outweigh using an unknown Streatham conveyancing solicitor solely due to them being local.
I am hoping to put an offer on a small detached house that appears to tick a lot of boxes, at a great figure which is making it more attractive. I have since been informed that the title is leasehold as opposed to freehold. I would have thought that there are particular concerns buying a house with a leasehold title in Streatham. Conveyancing lawyers have are soon to be appointed. Will they explain the issues?
The majority of houses in Streatham are freehold rather than leasehold. This is one of the situations where having a local conveyancer who is familiar with the area who can help the conveyancing process. it is apparent that you are purchasing in Streatham so you should seriously consider shopping around for a Streatham conveyancing practitioner and check that they have experience in transacting on leasehold houses. First you will need to check the number of years remaining. As a tenant you will not be at liberty to do whatever you want with the house. The lease will likely included provisions such as requiring the freeholder’spermission to carry out alterations. You may also be required to pay a contribution towards the maintenance of the communal areas where the house is part of an estate. Your solicitor will report to you on the legal implications.
Having spent years of dialogue we simply can't agree with our landlord on how much the lease extension should cost for our flat in Streatham. Does the Leasehold Valuation Tribunal have jurisdiction to calculate the appropriate figures?
Most definitely. We are happy to put you in touch with a Streatham conveyancing firm who can help.
An example of a Lease Extension decision for a Streatham residence is Flat 12, Newlands Court Streatham Common North in May 2012. the decision of the Tribunal was that the premium payable by the Applicants to the Respondent for the new lease of the Premises be £70,140. This case related to 1 flat. The unexpired term as at the valuation date was 23.25 years.
Why do Streatham conveyancing costs differ for leasehold and freehold properties?
If purchasing a leasehold property there is more work involved purely due to the fact that usually there are further parties involved in the form of the freeholder and/or Management Agents. As part of a lawyers enquiries they will check that all ground rent and service charges are paid up to date amongst other general leasehold matters. For this reason, the Sellers lawyers usually have to refer to the freeholder or Managing Agent for their replies to our questions. This may be time consuming and beyond the lawyers control