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Cheap conveyancing in Wallington does not necessarily mean low quality - but the odds are stacked against you

Wallington Conveyancing Statistics*

  • 1 Average Stamp Duty Payable for this year to date was £11,472
  • 2 Average time frame of 301 days for registration of title in Wallington
  • 3 152 is the median number of years remaining on leases in Wallington
  • 4 August was the busiest month and September was the next busiest month while November was the least busiest month of the year for conveyancing in Wallington
  • 5 55% freehold and 45% leasehold conveyancing in Wallington for this year to date

Examples of recent conveyancing in Wallington since December 2023*

Recently asked questions about conveyancing in Wallington

The owners have rather pushy sellers who has insisted on a preliminary agreement with a deposit of 5k. Are such agreements appropriate for Wallington conveyancing transactions?

Lock out agreements are agreements binding a property seller and prospective acquirer giving the buyer exclusive rights to purchase the premises within a prescribed time frame. For all intents and purposes, an exclusivity is a document stating that you should receive a contract at a later time which is the contract for the actual sale. It is generally utilised for buyer protection though in some cases, the seller may stand to benefit from such agreements as well. There are numerous positives and negatives to using them but you need to check with your lawyer but beware that it may result in incurring extra in conveyancing charges. In light of these reasons these contracts are rare when it comes to conveyancing in Wallington.

I am assisting my aunt sell her house in Wallington. Does the conveyancing solicitor commission an energy assessment or should I organise this?

Following the abolition of Home Packs, energy assessments remained a compulsory part of moving house. An EPC needs to be commissioned before the property is advertised. It is not as aspect of the sale process that solicitors ordinarily organise. If you are using a Wallington conveyancing practitioner they may be able to arrange energy performance certificates given their relationships with long established local accredited person

This question may be naive but I am unseasoned as a first time purchaser of a ground floor flat in Wallington. Do I pick up the keys to the property on the completion date from my conveyancer? If so, I will instruct a local conveyancing solicitor in Wallington?

On the day of completion you do not need to attend the conveyancers office in Wallington. Conveyancing lawyers for you will electronically transfer the purchase money to the owner’s solicitors, and once they have received this, you will be invited to pick up the keys from the Estate Agents and move into your new home. Usually this occurs between 1 and 3pm.

I was told two weeks ago that my mortgage has been agreed to by Yorkshire BS. Is it usual for Yorkshire BS to only issue the offer once my solicitor in Wallington is approved on their conveyancing panel? Yorkshire BS have asked my solicitor to see a copy of their Professional Indemnity Insurance Schedule.

A lender would not issue an offer until they have details of a lawyer on their panel. It can take a few weeks for Yorkshire BS to deal with your lawyer's application to be on the Yorkshire BS conveyancing panel. There's no guarantee that your solicitor will be accepted.

2 months have gone by following my purchase conveyancing in Wallington completed. I have checked the Land Registry website which shows that I paid £200,000 when infact I paid £160,000. Why the discrepancy?

The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the property from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.

Just had an offer accepted on a new build flat in Wallington. Conveyancing is a frightening process at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build legal work.

Set out below is a sample of a few leasehold new build enquiries that you should expect your new-build leasehold conveyancing in Wallington

    Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents. The Lease must contain a provision on behalf of the Vendor to pay the service charges in respect of unoccupied units in order to ensure that all services can be provided. The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme. Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier? Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company?

I decided to have a survey completed on a house in Wallington before instructing lawyers. I have been advised that there is a flying freehold overhang to the house. Our surveyor advised that some banks tend refuse to give a loan on a flying freehold house.

It varies from the lender to lender. Lloyds has different instructions for example to Nationwide. Should you wish to telephone us we can look into this further via the relevant bank. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Wallington. Conveyancing will be smoother if you use a solicitor in Wallington especially if they are familiar with such properties in Wallington.

I have tried to negotiate informally with with my landlord to extend my lease without success. Can one make an application to the Leasehold Valuation Tribunal? Can you recommend a Wallington conveyancing firm to help?

You certainly can. We can put you in touch with a Wallington conveyancing firm who can help.

An example of a Freehold Enfranchisement decision for a Wallington flat is 21 & 23 Carshalton Grove in May 2009. the Tribunal adopted the figures presented as the premiums payable by the Applicant i.e. a total of £20,750. This case was in relation to 2 flats. The unexpired term was 72 years.

When it comes to leasehold conveyancing in Wallington what are the most frequent lease problems?

There is nothing unique about leasehold conveyancing in Wallington. All leases are individual and legal mistakes in the legal wording can sometimes mean that certain clauses are wrong. The following missing provisions could result in a defective lease:

    A provision to repair to or maintain elements of the building Service charge per centages that don't add up correctly leaving a shortfall

You may have a problem when selling your property if you have a defective lease as they can affect a potential buyer’s ability to obtain a mortgage. Accord Mortgages Ltd, Bank of Scotland, and Godiva Mortgages Ltd all have express conveyancing instructions when it comes to what is expected in a lease. Where a lender has been advised by their lawyers that the lease is problematic they may refuse to provide security, forcing the buyer to withdraw.

Last updated

Sample of conveyancing solicitors in Wallington regulated by the SRA

It is important to note that the listed firms do not limit their work for conveyancing in Wallington but also conveyancing throughout England and Wales.

  • John Nash & Co, 38 Stafford Road, Wallington, Surrey, SM6 9AA
  • Carpenter & Co, 46 Woodcote Road, Wallington, Surrey, SM6 0NW
  • Stanley Smith Hill & Co, 35 High Street, Carshalton, Surrey, SM5 3BG
  • David Rubie Mitchell & Co, 306 Stafford Road, Croydon, Surrey, CR0 4NH
  • Anthony Leonard Associates, Airport House, Purley Way, Croydon, Surrey, CR0 0XZ

Residential Landlord and Tenant Conveyancing solicitors in Wallington

The firms listed below are a small selection of solicitors in Wallington practicing in landlord and tenant law and on the regulations governing different types of tenancies. This should include advice on Claims for damages for illegal

  • John Nash & Co, 38 Stafford Road, Wallington, Surrey, SM6 9AA
  • Carpenter & Co, 46 Woodcote Road, Wallington, Surrey, SM6 0NW
  • Stanley Smith Hill & Co, 35 High Street, Carshalton, Surrey, SM5 3BG
  • Dzimitrowicz York, 6 Laud Street, Croydon, Surrey, CR0 1ST
  • Streeter Marshall, 74 High Street, Croydon, Surrey, CR9 2UU

Domestic Licensed Conveyancers in Wallington regulated by the Council of Licensed Conveyancers

Please note that the listed conveyancers do not limit their work for conveyancing in Wallington but also conveyancing across England and Wales.
  • R & C Property Lawyers Llp, 10A Upper Tooting Road, SW17 7PG

*Source acknowledgement: House price data produced by Land Registry as well data supplied by Lexsure Ltd.

© Crown copyright material is reproduced with the permission of Land Registry under delegated authority from the Controller of HMSO.