My mortgage company has suggested solicitors on their panel based in Sydenham but I would rather choose a conveyancing lawyer in Sydenham round the corner to me. Can you assist?
The minority of Sydenham conveyancing practices are approved and listed on all lender’s conveyancing panel. Please make the most of our find an approved solicitor tool to choose a Sydenham conveyancing conveyancer on the on the lender panel.
Should our solicitor be raising enquiries about flooding as part of the conveyancing in Sydenham.
Flooding is a growing risk for solicitors dealing with homes in Sydenham. Some people will acquire a house in Sydenham, fully aware that at some time, it may suffer from flooding. However, aside from the physical destruction, if a property is at risk of flooding, it may be difficult to get a mortgage, adequate insurance cover, or sell the premises. Steps can be carried out as part of the conveyancing process to forewarn the purchaser.
Conveyancers are not best placed to give advice on flood risk, however there are a various checks that can be initiated by the purchaser or by their solicitors which can figure out the risks in Sydenham. The conventional set of completed inquiry forms supplied to a purchaser’s lawyer (where the Conveyancing Protocol is adopted) includes a usual inquiry of the vendor to find out whether the property has historically flooded. In the event that the residence has been flooded in past and is not revealed by the vendor, then a purchaser could commence a legal claim for losses as a result of such an misleading reply. The purchaser’s lawyers will also carry out an enviro report. This should reveal if there is a recorded flood risk. If so, additional investigations will need to be conducted.
I am looking for a flat up to £305k and identified one close by in Sydenham I like with open areas and transport links in the vicinity, however it only has 51 years on the lease. There is not much else in Sydenham for this price, so just wondered if I would be making a grave error buying a lease with such few years left?
Should you require a home loan the remaining unexpired lease term will likely be an issue. Reduce the price by the expected lease extension will cost if not already taken into account. If the current proprietor has owned the property for a minimum of twenty four months you may ask them to commence the lease extension formalities and then assign it to you. You can add 90 years to the existing lease and have £0 ground rent by law. You should speak to your conveyancing lawyer about this matter.
I'm converting the mortgage on my existing house to a buy to let loan with Yorkshire Building Society and intend to use the remaining equity as a deposit on further property. The area we are looking at is Sydenham. Will your conveyancers be able to act for both sets of mortgage companies and link together the conveyances?
Make use of our comparison tool on this page to ensure that the conveyancers are approved by both banks. Assuming that they are the solicitor will be able to connect the two deals but you should have a chat with you lawyer and make clear your desired outcome and needs.
As co-executor for the estate of my father I am disposing of a house in Monmouth but reside in Sydenham. My solicitor (based 200 miles awayrequires that I execute a stat dec prior to completion. Could you suggest a conveyancing solicitor in Sydenham who can witness and place their company stamp on the document?
strictly speaking you are unlikely to need to have the documents witnessed by a conveyancing solicitor. Normally or notary public or qualified solicitor will do regardless of whether they are Sydenham based
I only have Fifty years left on my lease in Sydenham. I need to extend my lease but my freeholder is missing. What options are available to me?
If you meet the appropriate requirements, under the Leasehold Reform, Housing and Urban Development Act 1993 you can submit an application to the County Court for an order to dispense with the service of the initial notice. This will enable the lease to be granted an extra 90 years by the Court. However, you will be required to prove that you have made all reasonable attempts to find the landlord. For most situations an enquiry agent would be useful to try and locate and prepare a report to be accepted by the court as proof that the landlord can not be located. It is wise to seek advice from a solicitor both on investigating the landlord’s disappearance and the vesting order request to the County Court covering Sydenham.
After months of negotiations we simply can't agree with our landlord on how much the lease extension should cost for our flat in Sydenham. Can we issue an application to the Residential Property Tribunal Service?
Most definitely. We are happy to put you in touch with a Sydenham conveyancing firm who can help.
An example of a Lease Extension case for a Sydenham flat is Flat 5 4 Border Crescent in December 2013. the tribunal calculated that premium payable for the acquisition of a lease extension of the subject premises was in the sum of £14,900 (Fourteen thousand, nine hundred pounds). Those advising the applicant were advised to send a copy of the decision and a copy of the new lease with the premium (less the applicants costs as assessed by the Court) to the Croydon County Court (under claim number 3CR01226) for an officer of the Court to execute the new lease on behalf of the absentee landlord who is missing and cannot be traced). This case related to 1 flat. The unexpired term as at the valuation date was 69 years.