Would the conveyancing solicitors that you recommend perform attended exchange conveyancing in Worcester Park?
We do have a number of conveyancing specialists carrying out 24hr exchanges. Please e-mail us to obtain a costs illustration and details as to availability.
Can you help - my lawyer advises that lack of building regulations insurance is required on my purchase. What is the level of cover for Worcester Park conveyancing?
The right level of lack of building regulations indemnity insurance should be dictated by who your lender. It would differ for example between Accord Mortgages Ltd and Barnsley Building Society. Conveyancing lawyers as opposed to members of the public take out such policies.
I am the sole beneficiary of my late mum's will and I have everything in my name now, including the my former home in Worcester Park. Conveyancing formalities meant that the Land Registry date was in March. I want to move. I do know about the CML six month 'rule', meaning my proprietorship could be treated the same way as if I'd bought the house in March. Will no one buy the property for half a year?
The Council of Mortgage Lenders’ handbook mandates solicitors to: "report to us immediately if the owner or registered proprietor has been registered for less than six months." Technically you may be impacted by that. many banks would take a pragmatic view as this clause is chiefly there to pick up on subsales or the flipping of property.
I am expecting a AIP from Co-operative this week so we know how much we could potentially offer as otherwise we are dependent on web based calculators (which aren't taking into account credit checks etc). Do Co-operative recommend any Worcester Park solicitors on the Co-operative conveyancing panel, or is it better to go independently?
You will need to appoint Worcester Park solicitors independently although you'll need to choose one on the Co-operative conveyancing panel. The solicitor represents both you and Co-operative through the process.
A colleague suggested that if I am buying in Worcester Park I should carry out a Neighbourhood, Planning and Local Amenity Search. What does it cover?
A search of this type is sometimes quoted for as part of the standard Worcester Park conveyancing searches. It is not a small document of more than thirty pages, listing and setting out important information about Worcester Park around the property and the people living there. It includes an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the Worcester Park Housing Market, Council Tax Banding, the demographics of People living in the area, the dominant type of Housing, the Average Property Price, Crime details, Worcester Park Education with plans and statistics, Local Amenities and other useful data regarding Worcester Park.
Due to the advice of my in-laws I had a survey completed on a house in Worcester Park in advance of appointing conveyancers. I have been told that there is a flying freehold overhang to the house. The surveyor has said that some banks tend not grant a loan on such a premises.
It depends who your proposed lender is. Bank of Scotland has different requirements for example to Nationwide. If you call us we can check with the appropriate lender. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Worcester Park. Conveyancing may be slightly more expensive based on your lender's requirements.
I've found a house that seems to meet my requirements, at a reasonable price which is making it all the more appealing. I have subsequently found out that it's a leasehold as opposed to freehold. I would have thought that there are particular concerns purchasing a house with a leasehold title in Worcester Park. Conveyancing lawyers have not yet been instructed. Will they explain the issues?
The majority of houses in Worcester Park are freehold and not leasehold. This is one of the situations where having a local solicitor used to dealing with such properties who can assist with the conveyancing process. It is clear that you are purchasing in Worcester Park in which case you should be shopping around for a Worcester Park conveyancing solicitor and be sure that they have experience in dealing with leasehold houses. First you will need to check the unexpired lease term. As a leaseholder you will not be entirely free to do whatever you want to the property. The lease comes with conditions for example obtaining the freeholder’sconsent to conduct alterations. It may be necessary to pay a service charge towards the upkeep of the communal areas where the property is located on an estate. Your conveyancer should appraise you on the various issues.
Following years of dialogue we cannot agree with our landlord on how much the lease extension should cost for our flat in Worcester Park. Can we issue an application to the Residential Property Tribunal Service?
Most certainly. We are happy to put you in touch with a Worcester Park conveyancing firm who can help.
An example of a Lease Extension case for a Worcester Park residence is 33 The Maisonettes Alberta Avenue in June 2014. the Tribunal decided that the premium payable for the grant of a new lease be the sum of £20,680 (Twenty Thousand six hundred and eighty pounds). This case was in relation to 1 flat. The unexpired lease term was 60.43 years.