Me and my fiancee are acquiring our first house. Our conveyancing practitioner has texted usto check if we wish to take out additional conveyancing searches. Unfortunately we are clueless as to what's needed for conveyancing in Coulsdon

The number and type of Coulsdon conveyancing searches depends entirely on the premises, the location, the likelihood of any of these risks, your knowledge of the locality and risks, your overall approach to risk. What matters is that you properly appreciate what information the searches could provide. You may then decide if you personally think you need that information. Where you are unsure, ask your lawyer to explain.

About to place a bid on a leasehold property in Coulsdon. The property agents say that it is the norm for flats in Coulsdon to have less than 75 years left on the lease. I am expecting a loan with Chelsea Building Society. Will the property be mortgageable given that the lease has 69 years remaining.

Most leasehold conveyancing experts should be able to deal with a lease extension. if you are getting a mortgage then your lender may insist that the lease be extended before competition. Chelsea Building Society have specific requirements as set out in the UK Finance Lenders’ Handbook in relation to minimum unexpired lease terms. As of 27/4/2024 the requirements read as follows :

My wife and I are downsizing from our house in Coulsdon and according to the buyers it appears that there is a risk of it being constructed on contaminated land. Any high street Coulsdon lawyer would know this is not the case. It does beg the question why the buyers used a nationwide conveyancing firm as opposed to a conveyancing solicitor in Coulsdon. Having lived in Coulsdon for six years we know that this is a non issue. Is it a good idea to contact our local Authority to obtain clarification that there is no issue.

It would appear that you have a conveyancing lawyer already. Are they able to advise? You must check with your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out life insurance to cover that same sickness)

I am buying a new build flat in Coulsdon. Conveyancing is daunting at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build legal work.

Here is a sample of a few leasehold new build questions that you can expect your new-build leasehold conveyancing in Coulsdon

Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents. The Vendor must covenant to keep unsold units in good repair until long leases are granted therefore. Please provide evidence that the form of Lease proposed has been approved by the Land Registry. Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose? Please supply a car parking plan.

Yesterday I discovered that there is a flying freehold issue on a house I put an offer in a fortnight ago in what should have been a quick, chain free conveyancing. Coulsdon is the location of the property. Can you shed any light on this issue?

Flying freeholds in Coulsdon are unusual but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Coulsdon you would need to get your solicitor to go through the deeds diligently. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Coulsdon may determine that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold property.