I require conveyancing for an apartment in a fairly new development (seven years built) in Thornton Heath. Almost all the properties have already been disposed of. Do I need carry out the neighbourhood searches for my conveyancing in Thornton Heath?
Where you are obtaining a loan, your lender will require some (many) of the searches so you'll have no choice. If not, then Thornton Heath conveyancing searches are for you to decide upon. No doubt your conveyancer, will 'advise', perhaps in the strongest possible terms, that you should have the searches done, but he or she has a professional duty to do this. One thing to bear in mind; if you are likely to sell the house one day, it may be of interest to your future buyer what the searches contain. Sometimes houses with no practical issues can still throw up adverse search results. But if you choose to instruct your lawyer to proceed without searches then your lawyer will have to follow your instructions or you may need to instruct a new lawyer for your conveyancing in Thornton Heath.
I am close to exchanging contracts on the sale of our home in Thornton Heath and according to the buyers it appears that there is a risk of it being built on contaminated land. Any high street Thornton Heath lawyer would know that there is no such problem. For the life of me I don't know why the purchasers used an online conveyancing outfit rather than a conveyancing solicitor in Thornton Heath. Having lived in Thornton Heath for many years we know of no issue. Do we get in touch with our local Authority to obtain clarification that the buyers are looking for.
It would appear that you have a conveyancing firm currently acting for you. Are they able to advise? You need to enquire of your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out life insurance to cover that same ailment)
Just bought a terraced house in Thornton Heath , What is the estimated time for the Land Registry to register my proprietorship? My Thornton Heath conveyancing solicitor works at snail pace, so I want to be certain that my ownership is registered.
There is nothing unique about conveyancing in Thornton Heath registration formalities. As opposed to being determined by geographic area, timescales can adjust according to the party submitting the application, whether it is in order and if the Land registry communicate with any third parties. Currently in the region of 80% of submission are fully dealt with within two weeks but some can be subject to protracted hold-ups. Historically registration occurs after the purchaser has moved in to the property so registration formalities is not usually an essential issue yet if it is urgent that the the registration takes place urgently then you or your lawyers must speak with the land registry and explain the circumstances.
I've recently found out that there is a flying freehold issue on a property I have offered on a fortnight ago in what was supposed to be a quick, chain free conveyancing. Thornton Heath is the location of the property. Can you shed any light on this issue?
Flying freeholds in Thornton Heath are unusual but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Thornton Heath you must be sure that your lawyer goes through the deeds diligently. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Thornton Heath may determine that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold property.
I'm remortgaging my primary property to a buy to let mortgage with Skipton Building Society and intend to use the remaining equity as a down payment on another property. The area we are looking at is Thornton Heath. Will your lawyers be able to act for both sets of lenders and tie in the transactions?
Make use of our search tool on this site to ensure that the lawyers are approved by both banks. On the basis that they are the lawyer should be able to tie up the two deals but you should have a chat with you solicitor and make apparent your expectations and requirements.
I've recently bought a leasehold property in Thornton Heath. Do I have any liability for service charges for periods before my ownership?
In a situation where the service charge has already been demanded from the previous lessee and they have not paid you would not usually be personally liable for the arrears. However, your landlord may still be able to take action to forfeit the lease. It is an essential part of leasehold conveyancing for your conveyancer to be sure to have an up to date clear service charge receipt before completion of your purchase. If you have a mortgage this is likely to be a requirement of your lender.
If you purchase part way through an accounting year you may be liable for charges not yet demanded even if they relate to a period prior to your purchase. In such circumstances your conveyancer would normally arrange for the seller to set aside some money to cover their part of the period (usually called a service charge retention).
I have given up trying to purchase the freehold in Thornton Heath. Can this matter be resolved via the Leasehold Valuation Tribunal?
Most certainly. We are happy to put you in touch with a Thornton Heath conveyancing firm who can help.
An example of a Lease Extension decision for a Thornton Heath premises is Ground Floor Flat 14 Lodge Road in October 2013. the tribunal held that the price payable for the acquisition of the extended lease of the property should be £12,590 .00 This case affected 1 flat. The number of years remaining on the existing lease(s) was 69.46 years.