Having sold my house in Wandsworth last March yet the purchaser is whats apping daily to moan that his solicitor needs to hear from mylawyer. What are the post completion sale formalities following completion?
Following your house sale your conveyancer is committed to deliver the transfer documentation and all supplemental paperwork to the purchaser's lawyers. Where appropriate, your solicitor must also confirm that the legal charge in favour of the lender has been repaid to the purchasers conveyancers. There is unlikely to be post completion requirements unique to conveyancing in Wandsworth.
Are the BSA intent on creating a searchable register to to identify solicitors on the Norwich and Peterborough Building Society conveyancing panel for example in Wandsworth?
We have not been informed any intention on the part of the BSA to develop such a register.
My bid for a property was accepted at auction in Wandsworth. Conveyancing is necessary. What happens now?
Having exchanged you will need to choose a conveyancing solicitor as a matter of priority as you are faced with a fast approaching a drop dead date to complete the conveyancing. All auction property should have an associated legal pack. This should include most,if not all of the documents that your solicitor will need. Where you are dealing with leasehold property the legal pack may provide a copy of the lease, management information and a sellers leasehold information form and associated conveyancing documentation relating to leasehold premises. You should give this to your appointed conveyancing solicitor at the earliest opportunity. You also need to ensure that that you have the requisite funding in place to complete on the date specified in the contract.
When it comes to lenders such as Skipton, do Wandsworth conveyancers have to pay a yearly amount to be on the list of approved solicitors?
We are unaware of any bank fees to be on their panel, although some do charge an administration charge to deal with the processing of the conveyancing panel application.
I am currently in the process of buying my council flat in Wandsworth. I have a mortgage agreed with Yorkshire BS. Conveyancing is not something I have any knowledge of. Can I proceed without a solicitor easily? I think we can but we keep being told I should use one. Any advice?
It is not advisable to proceed with a house purchase without a solicitor. The council's solicitor are not acting for you. You need a solicitor for a number reasons. One of which is to verify what plans the Council have for repairs and refurbishment for the next five years. Many leaseholders have been stung for contributions of thousands of pounds. In any event, if you are getting a mortgage with Yorkshire BS, you will need to appoint a solicitor on the Yorkshire BS conveyancing panel.
How can the Landlord & Tenant Act 1954 affect my commercial property in Wandsworth and how can your lawyers assist?
The 1954 Act provides protection to commercial tenants, granting the right to make a request to court for a continuation of occupancy at the end of the lease term. There are certain specified grounds that a landlord can refrain from granting a lease renewal and the rules are involved. We are happy to direct you to commercial conveyancing practices who use the act for protection and assist with commercial conveyancing in Wandsworth
I need to find a conveyancing solicitor for some conveyancing in Wandsworth. I happened to stumble upon a web site which looks to be the ideal offering If there is a chance to get all the legals done via web that would be ideal. Should I be wary? What should out be looking out for?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?
I have given up trying to purchase the freehold in Wandsworth. Can the Leasehold Valuation Tribunal adjudicate on premiums?
Where there is a absentee freeholder or where there is dispute about the premium for a lease extension, under the Leasehold Reform, Housing and Urban Development Act 1993 it is possible to make an application to the First-tier Tribunal (Property Chamber) to make a decision on the premium.
An example of a Freehold Enfranchisement case for a Wandsworth residence is 4 Galveston Road in August 2012. The Tribunal determined that the price payable in respect of the purchase of the freehold was £22,650. The Tribunal remited this matter back to the Wandsworth County Court for execution of the freehold Transfer Deed. This case was in relation to 2 flats.
What are the frequently found deficiencies that you encounter in leases for Wandsworth properties?
Leasehold conveyancing in Wandsworth is not unique. All leases are drafted differently and drafting errors can result in certain provisions are wrong. The following missing provisions could result in a defective lease:
A duty to insure the building Repairing obligations to or maintain elements of the property
A defective lease will likely cause issues when trying to sell a property as they can affect a potential buyer’s ability to obtain a mortgage. Santander, Coventry Building Society, and TSB 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 defective they may refuse to grant the mortgage, obliging the purchaser to pull out.