I have given 8 weeks notice to my current landlord and have to be out of my let out apartment in Wimbledon by 17/6/2026. Conveyancing on my purchase has just started. Is it possible to complete in 4 weeks as don't want to have to move into short term accommodation?
Generally one should not serve notice for your lease until exchange of contracts has taken place. Assuming that you have not already done so, notify to your solicitor and urge them to they cajole the sellers lawyers, try to an acceptable time-line that everyone will look to achieve
When can the exchange of contracts take place for residential conveyancing in Wimbledon and do I need to be at the solicitors office?
Where you are round the corner to our conveyancing solicitors in Wimbledon you are welcome to come in to sign contracts. However, the law practices we work with provide countrywide coverage for conveyancing and provide as equally detailed and professional a job for you when communicating with you electronically. The signing of the contract is not the point of no return. Signing on the dotted line is just a prerequisite for the solicitor to exchange contracts when the time is right, which will usually be very shortly after signing. The procedure is nowadays normally dealt with by telephone and can be very rapid, although where an extended "chain" is involved, since the process requires the relevant party's solicitor (not necessarily a conveyancing solicitor in Wimbledon)to be in the office at the appropriate time.
I have been told by my lawyer that breach of easement insurance is required on my purchase. What is the level of cover for Wimbledon conveyancing?
The right level of breach of easement indemnity insurance depends on who your lender is. It would differ for example between Accord Mortgages Ltd and Bank of Scotland. Conveyancing solicitors as opposed to members of the public take out such policies.
I am selling my house. I had a double glazing fitted in October 2007, but did not receive a FENSA certificate or Building Regulation Certificate. My buyer's lender, Santander are being pedantic. The Wimbledon solicitor who is on the Santander conveyancing panel is happy to accept ‘lack of building regulation’ insurance but Santander are requiring a building regulation certificate. Why do Santander have a conveyancing panel if they don't accept advice from them?
It is probably the case that Santander have referred the matter to their valuer. The reason why Santander may not want to accept indemnity insurance is because it does not give them any reassurance that the double glazing was correctly and safely installed. The indemnity insurance merely protects against enforcement action which is very unlikely anyway.
I have instructed a Wimbledon conveyancing practitioner having checked that they are on the Santander conveyancing panel. Does my lawyer arrange the survey of the property?
Santander will need an independent valuation of the property. Your lawyer will not arrange this. Usually Santander will appoint their own surveyor to do this, and you will have to pay for it. Remember that this is a valuation for mortgage purposes and not a survey. Your lawyer will not organise the survey but they may be able to put you in touch with a local one that they recommend. RICS offers a find a surveyor service (just google it) where you can search for a qualified surveyor by your Wimbledon postcode. As you are getting a mortgage with Santander, you could contact them to see if they have a list of approved surveyors in Wimbledon.
Due to the guidance of my in-laws I had a survey completed on a property in Wimbledon ahead of appointing solicitors. I have been advised that there is a flying freehold overhang to the house. Our surveyor has said that some lenders may refuse to give a loan on a flying freehold house.
It varies from the lender to lender. Santander has different instructions for example to Halifax. If you contact us we can look into this further via the appropriate lender. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Wimbledon. Conveyancing will be smoother if you use a solicitor in Wimbledon especially if they are familiar with such properties in Wimbledon.
I am employed by a reputable estate agent office in Wimbledon where we have experienced a few leasehold sales jeopardised as a result of leases having less than 80 years remaining. I have received contradictory information from local Wimbledon conveyancing solicitors. Can you confirm whether the vendor of a flat can initiate the lease extension process for the purchaser on completion of the sale?
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 buyer can avoid having to wait 2 years to extend their lease. Both sets of lawyers will agree to form of assignment. The assignment has to be done before, or at the same time as completion of the disposal of the property.
Alternatively, it may be possible 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 purchaser.
I have tried to negotiate informally with with my landlord to extend my lease without success. Can the Leasehold Valuation Tribunal adjudicate on such issues? Can you recommend a Wimbledon conveyancing firm to represent me?
if there is a missing landlord or where there is disagreement about the premium for a lease extension, under the Leasehold Reform, Housing and Urban Development Act 1993 you can apply to the LVT to assess the price.
An example of a Freehold Enfranchisement decision for a Wimbledon premises is 629 Garratt Lane in September 2014. The consideration payable for the acquisition of the freehold of the subject property was the sum £21,302.74. This represented a valuation of the freehold in the sum of £23,864 from which the sum of £2561.27 has been deducted in respect of certain costs in repairing and insuring the premises This case affected 3 flats. The unexpired lease term was 72.94 years.
I have finally had an offer on an apartment in Wimbledon agreed to, the vendor does nevertheless have a connected purchase. The owners have submitted an offer on a property, although it’s not been accepted yet, and has viewings of other flats in the pipeline. I have selected a nearby conveyancing lawyer in Wimbledon. What should be my next step? At what stage do I apply for the mortgage with Aldermore?
It is usual to have apprehensions where there is a chain as you are unlikely to want to incur costs too early (mortgage application is approx one thousand pounds, then survey, Wimbledon conveyancing search fees, etc). The first thing to do is check that your conveyancing practitioner is on the Aldermore conveyancing panel. Concerning the next phase this very much dictated by the specifics of your case, desire for this property and on the state of the market. During a rising market the majority of home buyers would apply for the mortgage with Aldermore and pay for the survey and only if it comes back ok would they request their conveyancer to press on with the conveyancing in Wimbledon.