I have just been advised by my mortgage broker that my West Brompton property lawyer is not on the lender Conveyancing panel. How can I be certain if this is indeed the case?
You need to contact your West Brompton conveyancer. You lawyer should notify you what has happened. If they are not on the panel they may recommend you to a West Brompton conveyancing firm that is on the approved list of lawyers for your lender.
I am need of leasehold conveyancing for an apartment in a relatively new development (five years old) in West Brompton. Almost all the flats have already been occupied. Do I need carry out the local searches for my conveyancing in West Brompton?
A big part of the West Brompton conveyancing process is the conveyancing searches. There are hundreds search providers who offer West Brompton conveyancing searches, as well straight from the local authority. These are generally termed personal search organisation due to them carrying out, personal searches. Nevertheless, all Local Authority Search conveyancing products have one thing in common - they must obtain their data from the local authority.
Are there restrictive covenants that are commonly picked up during conveyancing in West Brompton?
Restrictive covenants can be picked up when reviewing land registry title as part of the process of conveyancing in West Brompton. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
Due to the input of my in-laws I had a survey completed on a property in West Brompton prior to retaining solicitors. I have been advised that there is a flying freehold aspect to the property. The surveyor has said that some lenders tend refuse to issue a mortgage on such a premises.
It depends who your proposed lender is. Bank of Scotland has different instructions for example to Birmingham Midshires. Should you wish to telephone us we can look into this further with the appropriate mortgage company. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in West Brompton. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in West Brompton to see if the conveyancing will be more expensive.
I am selling my home. My previous solicitors has retired. I am in need of a recommendation of a conveyancing firm. I happen to live in West Brompton if that makes things easier.
Do use our search tool to help you find a solicitor for your conveyancing in West Brompton. We have connected thousands of home buyers and sellers with regulated solicitors to ensure that the legalities of their house move goes smoothly.
I am looking at a two flats in West Brompton both have in the region of forty five years remaining on the leases. Should I regard a short lease as a deal breaker?
There are plenty of short leases in West Brompton. The lease is a right to use the property for a period of time. As a lease gets shorter the saleability of the lease decreases and it becomes more expensive to acquire a lease extension. This is why it is often a good idea to extend the lease term. Sometimes it is difficult to sell a property with a short lease because mortgage lenders less inclined to grant a loan on properties of this type. Lease extension can be a protracted process. We advise that you get professional help from a conveyancer and surveyor with experience in this area.
My wife and I have hit a brick wall in negotiating a lease extension in West Brompton. Can this matter be resolved via the Leasehold Valuation Tribunal?
Most certainly. We can put you in touch with a West Brompton conveyancing firm who can help.
An example of a Freehold Enfranchisement case for a West Brompton property is 5 Wetherby Gardens in June 2014. the Tribunal concluded that the price to be paid for the freehold of the property was £2,369,452. This case was in relation to 5 flats. The unexpired term was 38.98 years.