A friend recommended that where I am buying in Whyteleafe I should ask my conveyancer to perform a Neighbourhood, Planning and Local Amenity Search. What does it cover?
This is a search is occasionally included in the estimate for your Whyteleafe conveyancing searches. It is a large report of more than thirty pages, listing and detailing significant information about Whyteleafe around the property and the people living there. It includes an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the Whyteleafe Housing Market, Council Tax Banding, the demographics of People living in the area, the dominant type of Housing, the Average Property Price, Crime details, Local Education with maps and statistics, Local Amenities and other useful information concerning Whyteleafe.
Have purchased a a terraced house in Whyteleafe , What is the estimated time for the Land Registry to deal with the formalities evidencing the transfer to my name? My Whyteleafe conveyancing solicitor works at snail pace, so I want to be sure the registration is concluded.
There is nothing unique about conveyancing in Whyteleafe registration formalities. Rather than based on location, timescales can adjust depending on the party submitting the application, whether there are errors and if the Land registry must send notices to any other persons or bodies. Currently roughly 80% of submission are completed within two weeks but some can be subject to extensive delays. Historically registration occurs once the new owner is living at the premises therefore 'speed' is not always top priority but where there is a degree of urgency associated with the registration then you or your lawyers can communicate with the Registry to express the reasoning for the application to be prioritised.
Due to the guidance of my in-laws I had a survey completed on a house in Whyteleafe in advance of retaining lawyers. I have been told that there is a flying freehold aspect to the property. My surveyor advised that some lenders tend refuse to give a mortgage on such a property.
It varies from the lender to lender. Bank of Scotland has different instructions from Birmingham Midshires. If you call us we can check with the relevant mortgage company. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Whyteleafe. Conveyancing may be slightly more expensive based on your lender's requirements.
My business partner and I are hoping to take an assignment of a lease of an office on the high street. Can you recommend solicitors offering competitive costs for commercial conveyancing in Whyteleafe for under 1500k?
We are happy to recommend firms who have an in-depth of experience of commercial conveyancing in Whyteleafe, including the disposal and acquisition of businesses as well as simply premises. Whether you are hoping to purchase or lease a shop, pub, restaurant, office, retail unit or a whole business we can put you in touch with the right firm. Regarding the charges this will depend on the structure and terms of the proposed transaction. Let us have your details or email us so that we can furnish you with a detailed commercial conveyancing quote.
I work for a long established estate agency in Whyteleafe where we see a few flat sales put at risk as a result of leases having less than 80 years remaining. I have received inconsistent advice from local Whyteleafe conveyancing solicitors. Please can you clarify whether the owner of a flat can start the lease extension process for the buyer?
As long as the seller has been the owner for at least 2 years it is possible, to serve a Section 42 notice to start the lease extension process and assign the benefit of the notice to the purchaser. This means that the proposed purchaser can avoid having to sit tight for 2 years for a lease extension. Both sets of lawyers will agree to form of assignment. The assignment needs to be completed before, or at the same time as completion of the sale.
An alternative approach is to agree the lease extension with the freeholder either before or after the sale. If you are informally negotiating there are no rules and so you cannot insist on the landlord agreeing to grant an extension or transferring the benefit of an agreement to the buyer.
Following months of negotiations we simply can't agree with our landlord on how much the lease extension should cost for our flat in Whyteleafe. Does the Leasehold Valuation Tribunal have jurisdiction to calculate the appropriate figures?
Most certainly. We can put you in touch with a Whyteleafe conveyancing firm who can help.
An example of a Freehold Enfranchisement case for a Whyteleafe flat is 223 Brighton Road in September 2013. The premium payable for the acquisition freehold of the properties should be £10,934 (Ten thousand,nine hundred and thirty four pounds) This case was in relation to 3 flats. The unexpired residue of the current lease was 75 years.
We are planning to purchase a three bedroom ground floor flatin Whyteleafe with a home loan from a bank. We like our conveyancer in Whyteleafe but our lender advise she’s not on their "panel". We have to appoint from the our mortgage company panel solicitors or stay with our Whyteleafe solicitor and incur the extra fees for one of their panel ones to represent our bank. This seems very unfair; Can we not simply insist that our bank use our Whyteleafe lawyer?
No, not really. The bank home loan offered to you is subject to its terms and conditions, one of which will be that lawyers will on the mortgage company's conveyancing panel. Until recently, most lenders had open panels, including almost all conveyancing solicitors in Whyteleafe : a mortgagee could choose one for themselves, as long as it was on the lender's panel. The lender would then simply instruct the borrower's lawyers to act for the lender, too. You can use your lender's panel lawyers or you could borrow from another lender which does not restrict your choice. A further alternative is for your lawyer to apply to be on the conveyancing panel for your mortgage company.