I require conveyancing for an apartment in a fairly new development (6 years built) in West Beckton. 95% of the properties are already occupied. Is it really necessary to order local searches as part of conveyancing in West Beckton?
A big part of the West Beckton conveyancing process is the conveyancing searches. There are numerous search providers who offer West Beckton conveyancing searches, as well direct from the local authority. These are generally termed personal search companies and they produce, not surprisingly, personal searches. However, all Local Authority Search conveyancing products have one thing in common - they must obtain their data from the local authority.
I purchased a semi-detached Edwardian property in West Beckton. Conveyancing lawyer acted for me and Birmingham Midshires. I happened to do a free search for it on the Land Registry database and there are a couple of entries: one for freehold, the second leasehold under the exact same address. If a house is not a freehold shouldn't I have been informed?
You should assess the Freehold register you have again and check the Charges Register for mention of a lease. The best way to be sure that you are also the registered proprietor of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in West Beckton and other areas of the country and poses no real issues for owners other than when they sell they have to account for both freehold and leasehold interests when dealing with lenders. You can also question the situation with your conveyancing practitioner who conducted the conveyancing.
I am buying a new build house in West Beckton benefiting from help to buy. The builders would not budge the amount so I negotiated £7000 of extras instead. The estate agent advised me not reveal to my solicitor about this extras as it may affect my mortgage with Skipton Building Society. Should I keep quiet?.
All lenders require a Disclosure of Incentives Form from the developer of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.
Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.
Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.
I decided to have a survey completed on a house in West Beckton in advance of retaining lawyers. I have been told that there is a flying freehold overhang to the property. My surveyor advised that some banks may refuse to issue a loan on a flying freehold property.
It depends who your proposed lender is. HSBC has different instructions from Halifax. If you contact us we can check via the appropriate bank. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in West Beckton. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in West Beckton to see if the conveyancing will be more expensive.
We are 18 days into a freehold purchase having been recommend to solicitors by the local agent to carry out the conveyancing in West Beckton. I am am starting to be frustrated with the level of service. Can you you assist me in finding new solicitors?
A lawyer would need to be really bad to suggest replacing them. Has your mortgage been generated? If so you need to inform them of the replacement conveyancer and have the mortgage documents are re-sent. Your solicitor ideally needs to be on the banks panel to avoid escalating costs and frustration. That should be your first question of the new lawyers. The search tool will assist you in finding a bank approved solicitor for your home move in West Beckton
Planning to complete next month on a studio apartment in West Beckton. Conveyancing lawyers have said that they are sending me a report within the next couple of days. Are there areas in the report that I should be focusing on?
Your report on title for your leasehold conveyancing in West Beckton should include some of the following:
Rent payments - what is payable and when you need to pay, and also know whether this is subject to change The physical ownership of the premises. This could be the apartment itself but may include a loft or storage are if applicable. Where does the liability rest to repair and maintain the building. It is essential for you to know which party is duty bound to repair and maintenance of all parts of the block and communal areas Does the lease prohibit wood flooring? You must be told what counts as a Nuisance as far as the lease is concerned
I am the registered owner of a ground-floor 1950’s flat in West Beckton. Given that I can not reach agreement with the landlord, can the Leasehold valuation Tribunal determine the premium due for the purchase of the freehold?
Most definitely. We can put you in touch with a West Beckton conveyancing firm who can help.
An example of a Lease Extension decision for a West Beckton premises is 46 Credon Road in January 2014. On 11 September 2013 Deputy District Judge Price sitting at the Bow County Court made a vesting order that the freeholder surrender his lease and be granted a new lease of the Premises on such terms as may be determined by the First Tier Tribunal (Property Chamber).The appropriate sum as concluded by the Tribunal was £7225 This case was in relation to 1 flat. The unexpired lease term was 69.77 years.