I selected a high street solicitor for my conveyancing in Thamesmead yesterday. Upon checking the official terms of business it is apparent thatI am responsible for charges even where the transaction does not complete. Should I ditch them and use an on-line conveyancing brokerage promoting no move no charge conveyancing in Thamesmead?
Generally there is a compromise along the lines that if "No Sale No Fee" is advertised then the fee levels will tend to be be more expensive to counteract those cases that do not proceed. Also remember that these schemes generally do not protect you from expenses e.g. Thamesmead conveyancing search expenses.
Have completed on a a detached house in Thamesmead , how long should it take for the Land Registry to register my ownership? My Thamesmead conveyancing solicitor has been very slow, so I want to check that my name is recorded.
There is nothing unique about conveyancing in Thamesmead registration formalities. As opposed to being determined by geographic area, timescales can adjust according to who lodges the application, whether it is in order and whether the Land registry have to notify any interested persons or bodies. Currently in the region of three quarters of submission are fully dealt with in less than three weeks but some can be subject to extensive hold-ups. Historically registration is effected once the purchaser is living at the property thus 'speed' is not typically primary concern but where there is a degree of urgency associated with the registration then you or your conveyancer can contact the land registry and explain the circumstances.
I have been on the look out for a flat up to £235,500 and found one close by in Thamesmead I like with open areas and station in the vicinity, however it's only got 52 years on the lease. There is not much else in Thamesmead suitable, so just wondered if I would be making a mistake purchasing a lease with such few years left?
If you require a home loan the shortness of the lease may be a potential deal breaker. Discount the price by the anticipated lease extension will cost if it has not already been discounted. If the existing owner has owned the premises for a minimum of twenty four months you may request that they start the process of the extension and pass it to you. An additional ninety years can be extended on to the existing lease term with a zero ground rent applied. You should speak to your conveyancing solicitor concerning this.
My husband and I are new to the buying process - had an offer accepted, but the agent informed us that the owners will only proceed if we instruct their preferred solicitors as they want a ‘quick sale’. We would rather use a local conveyancer who is accustomed to conveyancing in Thamesmead
It is highly unlikely the owners are behind this. If they require ‘a quick sale', alienating a motivated buyer is going to damage their objectives. Speak to the vendors direct and make sure they comprehend that (a)you are genuine purchasers (b)you are excited to move forward, with finances in place © you have nothing to sell (d) you wish to move quickly (e)but you will continue to use your own,trusted Thamesmead conveyancing firm - not the ones that will provide the estate agent a introducer fee or hit his conveyancing figures demanded by head office.
I have recently realised that I have Fifty years remaining on my lease in Thamesmead. I now want to get lease extension but my freeholder is can not be found. What should I do?
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 for permission to dispense with the service of the initial notice. This will enable the lease to be extended by the Court. You will be obliged to demonstrate that you or your lawyers have done all that could be expected to locate the landlord. On the whole a specialist should be helpful to conduct investigations and prepare a report to be accepted by the court as evidence that the freeholder can not be located. It is wise to seek advice from a solicitor both on investigating the landlord’s absence and the vesting order request to the County Court covering Thamesmead.
I have tried to negotiate informally with with my landlord for a lease extension without any joy. Can I apply to the Leasehold Valuation Tribunal? Can you recommend a Thamesmead conveyancing firm to act on my behalf?
if there is a missing freeholder or if there is disagreement about what the lease extension should cost, under the relevant legislation it is possible to make an application to the LVT to assess the price payable.
An example of a Lease Extension decision for a Thamesmead residence 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 remaining number of years on the lease was 76 years.
Our conveyancing in Thamesmead is completing this Friday, however the vendors I am purchasing off has asked to move out the next day at at 2pm. Can I accept such a idea?
It is not possible to complete on a Saturday because the bank systems aren't operating.