We are aiming to move property in August. Will my conveyancing solicitor update the removal company on the completion day. Incidentally, can you put forward a removal company in Tooting Bec. Conveyancing solicitor was chosen before I stumbled across this site.
On the afternoon of completion you can collect the house keys from the estate agent but this can only take place once the vendors conveyancers inform the agent that they acknowledge receipt of the completion payment and the keys can be released. After that you will need to inform the removal company that they can start moving you in. We are not in a position to recommend a specific removal company but can help you locate a conveyancing in Tooting Bec or a lawyer with expertise in conveyancing in Tooting Bec.
I am expecting a OIP from Virgin Money this week so we know how much we could potentially offer as otherwise we only have online calculators to go by (which aren't taking into account credit checks etc). Do Virgin Money recommend any Tooting Bec solicitors on the Virgin Money conveyancing panel, or is it better to go independently?
You will need to appoint Tooting Bec solicitors independently although you'll need to choose one on the Virgin Money conveyancing panel. The solicitor represents both you and Virgin Money through the process.
I have today made my last payment due on my mortgage with Kent Reliance. I assume I don't need a Tooting Bec lawyer on the Kent Reliance panel to remove the mortgage at the Land Registry. Am I right?
If you have finished paying off your Kent Reliance mortgage, they may send you evidence showing that you have paid it off. Alternatively they may notify the Land Registry directly. The Land Registry need to see this evidence before they will remove the Kent Reliance mortgage from the register. Kent Reliance, and any evidence they send you, will determine the action you need to take. In cases where no conveyancer is acting for you and you have paid off your mortgage:
- but are not moving to another property
- where Kent Reliance has sent the Land Registry the discharge electronically, and
- Kent Reliance has instructed the Land Registry to do so
We are downsizing from our house in Tooting Bec and according to the buyers it appears that there is a possibility that the property was built on contaminated land. Any local lawyer would know that there is no such problem. It does beg the question why the buyers used an online conveyancing practice as opposed to a conveyancing solicitor in Tooting Bec. We have lived in Tooting Bec for many years we know that this is a non issue. Should we get in touch with our local Authority to get confirmation that there is no issue.
It would appear that you have a conveyancing lawyer currently acting for you. Are they able to advise? You should check with 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)
The estate agent has sent us the confirmation of our purchase of a new build apartment in Tooting Bec. Conveyancing is a frightening process at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build conveyancing.
Set out below is a sample of a few leasehold new build enquiries that you may expect your new-build leasehold conveyancing in Tooting Bec
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Please supply a car parking plan. Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents. Where service of notices and proceedings can be at the property demised please confirm that this can be amended to include simultaneous services at the Lessees’ solicitors’ offices where the Lessee from time to time is not resident in the UK - such solicitors may be varied by notice in writing to the Landlord from time to time but otherwise will be as previously specified. Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose? Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company?
Over the last few months I have been searching for a leasehold apartment up to £235,500 and found one close by in Tooting Bec I like with a park and transport links nearby, however it only has 51 remaining years left on the lease. There is not much else in Tooting Bec in this price bracket, so just wondered if I would be making a mistake buying a lease with such few years left?
Should you need a home loan that many years will be problematic. Discount the price by the amount the lease extension will cost if not already taken into account. If the existing proprietor has owned the premises for a minimum of twenty four months you can request that they commence the lease extension formalities and then assign it to you. You can add 90 years to the existing lease with a zero ground rent applied. You should consult your conveyancing solicitor regarding this.
My husband and I are first time buyers - agreed a price, but the estate agent informed us that the owners will only proceed if we appoint the agent's chosen lawyers as they are insisting on a ‘quick sale’. My instinct tells me that we should use a high street solicitor who is familiar with conveyancing in Tooting Bec
We suspect that the owner is unaware of this requirement. If they desire ‘a quick sale', taking such a hostile approach to a genuine buyer is likely to cause more damage than good. Avoid the agents and go straight to the sellers and make sure they understand (a)you are keen to buy (b)you are ready to go, with mortgage lined up © you are unencumbered (d) you intend to proceed fast (e)however you intend to appoint your preferred Tooting Bec conveyancing lawyers - not the ones that will earn their estate agent a referral fee or hit his conveyancing targets set by head office.
Completion is due on the sale of our £300,000 maisonette in Tooting Bec on Friday in a week. The freeholder has quoted £300 for Certificate of Compliance, insurance certificate and previous years service charge statements. Is it legal for a freeholder to charge an administration fee for a flat conveyance in Tooting Bec?
Tooting Bec conveyancing on leasehold maisonettes more often than not necessitates the purchaser’s lawyer submitting questions for the landlord to answer. Although the landlord is not legally bound to respond to these enquiries most will be willing to assist. They are at liberty to invoice a reasonable charge for responding to enquiries or supplying documentation. There is no upper cap for such fees. The average costs for the paperwork that you are referring to is £350, in some transactions it exceeds £800. The administration charge invoiced by the landlord must be accompanied by a synopsis of entitlements and obligations in relation to administration fees, otherwise the invoice is technically not due. In reality you have no choice but to pay whatever is requested of you if you want to complete the sale of your home.
I have tried to negotiate informally with with my landlord for a lease extension without any joy. Can a leaseholder apply to the Leasehold Valuation Tribunal? Can you recommend a Tooting Bec conveyancing firm to assist?
if there is a missing landlord or if there is disagreement about what the lease extension should cost, under the Leasehold Reform, Housing and Urban Development Act 1993 you can apply to the Leasehold Valuation Tribunal to calculate the amount due.
An example of a Lease Extension case for a Tooting Bec flat is 14 Nutwell Street in January 2014. The premium payable for the acquisition of a new lease of the subject premises was in the sum of £30,523 This case affected 1 flat. The unexpired lease term was 62.94 years.