I have given 2 months notice to my existing landlord and have to be out of my rented property in Upper Walthamstow by 2/3/2022. Conveyancing for my house purchase has just started. Can I complete in 5 weeks as I wish to avoid having to move into short term accommodation?
Generally one should not serve notice for your tenancy unless exchange of contracts has taken place. If you have not already done so, speak to your conveyancer and ask them to they chase the owners side, try to get a realistic time scale from them that all parties will work to achieve
We are buying a property and require a conveyancing solicitor in Upper Walthamstow who is on the Coventry BS approved panel. Can you recommend a local conveyancing firm?
Our service is limited to being a directory service for firms who wish to be listed as being on the approved conveyancing panel for Coventry BS . We don't recommend any particular firms conducting conveyancing in Upper Walthamstow.
My wife and I purchasing a terrace house in Upper Walthamstow. The intention is to convert the garage to an office at the property.Will legal work on the property involve investigations to see if these works are prohibited?
Your conveyancer will check the deeds as conveyancing in Upper Walthamstow can on occasion reveal restrictions in the title documents which prohibit certain alterations or require the consent of another owner. Many additions require local authority planning consent and approval in compliance with building regulations. Certain areas are designated conservation areas and special planning restrictions apply which frequently prevent or impact extensions. It would be sensible to check these issues with a surveyor before you commit yourself to a purchase.
I am purchasing a property in Upper Walthamstow. One unusual aspect is that the roof has a solar panel. RBS have issued a mortgage offer so presumably this is not a concern to them. Why is my solicitor raising questions about the panel?
Given that you are obtaining a mortgage with RBS your lawyer must follow the conveyancing instructions contained in Section two of UK Finance Lenders’ Handbook for RBS. The CML Handbook sets out minimum provisions for solar panel roof-space leases, and conveyancing practitioners are required to report to RBS where a lease fails to satisfy these specifications. The requirements relate to the installation of panels on properties nationwide and is not limited to Upper Walthamstow.
It is not clear whether my mortgage offer requires a lease extension. I have called into my local Upper Walthamstow bank branch on a couple of occasions and was advised it wasn't an issue and they would lend. My Upper Walthamstow conveyancing solicitor - who is on the bank conveyancing panel- telephoned and was told they refuse to lend in accordance with their UK Finance Lenders’ Handbook minimum lease term requirements. I simply don't know who is right.
Provided that the property lawyer is on the bank approved list, they must adhere to the Council of Mortgage Lenders’ Handbook provisions for the bank. Unless your lawyer obtains specific confirmation in writing that the lender will go ahead, your lawyer has no choice but to refrain from exchanging contract and committing you to the purchase. We would suggest that you ask the mortgage company to contact your lawyer in writing confirming that they will accept the number of years left on the lease.
We are selling our house in Upper Walthamstow and according to the buyers it appears that there is a possibility that the property was built on contaminated land. A high street Upper Walthamstow conveyancer would know this is not the case. It does beg the question why the buyers are using an internet conveyancing firm as opposed to a conveyancing solicitor in Upper Walthamstow. Having lived in Upper Walthamstow for six years we know of no issue. Do we contact our local Authority to obtain confirmation that there is no issue.
It sounds as though you may have a conveyancing firm already. Are they able to advise? You must 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 sickness)
I've recently found out that there is a flying freehold issue on a property I have offered on last month in what should have been a simple, chain free conveyancing. Upper Walthamstow is where the house is located. Is there any advice you can impart?
Flying freeholds in Upper Walthamstow are not the norm but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Upper Walthamstow you would need to get your solicitor to go 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 Upper Walthamstow may decide 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.
Planning to complete next month on a studio apartment in Upper Walthamstow. Conveyancing lawyers have said that they report fully within the next couple of days. Are there areas in the report that I should be focusing on?
The report on title for your leasehold conveyancing in Upper Walthamstow should include some of the following:
What remedies are open the freeholder should you have violated the provisions of the lease? Ground rent - what is payable and when you need to pay, and also know whether this will change in the future You should know whether the lease permits you to alter or improve aspects of the property- you must know whether any restrictions applies to all alterations or limited to structural alteration, and whether licences for alterations is required What options are open to you if an adjoining owner breaches a clause of their lease? Your solicitors should enable you to have an understanding of the building insurance requirements
I own a ground floor flat in Upper Walthamstow. In the absence of agreement between myself and the landlord, can the Leasehold valuation Tribunal determine the premium payable for the purchase of the freehold?
Most certainly. We can put you in touch with a Upper Walthamstow conveyancing firm who can help.
An example of a Freehold Enfranchisement matter before the tribunal for a Upper Walthamstow premises is 32 Howard Road in June 2012. the Tribunal held that premium payable for the freehold reversion should be £35,825 This case affected 2 flats. The unexpired lease term was 64 years.