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Find a Abbey Wood Conveyancing Solictior on Your Lender’s Panel

Ready to buy a new home in Abbey Wood? Failing to check that a lawyer is on your lender’s list of approved solicitors can put your Abbey Wood transaction at risk of delay or failure.

Only LenderPanel.com provides a subset of authorised Abbey Wood conveyancers for over 130 lenders.


Recently asked questions about conveyancing in Abbey Wood

I am buying a property and need a conveyancing solicitor in Abbey Wood who is on the Barnsley Building Society conveyancing. Can you recommend a local solicitor?

Our service is limited to being a directory service for firms who wish to listed as being on the approved conveyancing panel for Barnsley Building Society in certain locations such as Abbey Wood. We dont recommend any particular firm.

My wife and I purchased a renovated Victorian house in Abbey Wood. Conveyancing lawyer acted for me and Santander. I did a free Land Registry search last week and I saw a couple of entries: one for freehold, the second leasehold under the exact same address. Is it worth asking Santander to clarify?

You should read the Freehold register you have again and check the Charges Register as there may be mention of a lease. The best way to be sure that you are also the registered owner of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Abbey Wood and other areas of the country and poses no real issues for owners other than when they mortgage they have to account for both freehold and leasehold interests when dealing with purchasers. You can also check the position with your conveyancing practitioner who conducted the purchase.

Yesterday I discovered that there is a flying freehold issue on a house I put an offer in two weeks back in what should have been a simple, chain free conveyancing. Abbey Wood is the location of the property. Is there any advice you can give?

Flying freeholds in Abbey Wood are unusual but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Abbey Wood you would need to get your solicitor to go through the deeds diligently. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Abbey Wood may ascertain 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 residence.

As co-executor for the will of my uncle I am selling a residence in Monmouth but reside in Abbey Wood. My solicitor (approximately 260 kilometers from meneeds me to sign a statutory declaration prior to the transaction finalising. Can you recommend a conveyancing solicitor in Abbey Wood to attest and place their company stamp on the document?

strictly speaking you are unlikely to need to have the documents witnessed by a conveyancing solicitor. Ordinarily any notary public or solicitor will suffice regardless of whether they are Abbey Wood based

I work for a long established estate agency in Abbey Wood where we have experienced a number of flat sales jeopardised due to short leases. I have received conflicting advice from local Abbey Wood conveyancing firms. Please can you shed some light as to whether the vendor of a flat can initiate the lease extension formalities for the buyer?

Provided that the seller has owned the lease 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. The benefit of this is that the buyer 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 has to be done before, or at the same time as completion of the disposal of the property.

An alternative approach is to extend the lease informally by agreement with the landlord 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.

I am the registered owner of a ground flat in Abbey Wood. Given that I can not reach agreement with the freeholder, can the Leasehold valuation Tribunal make a decision on the amount payable for a lease extension?

You certainly can. We are happy to put you in touch with a Abbey Wood conveyancing firm who can help.

An example of a Lease Extension decision for a Abbey Wood property is Various @ Colombus Square in January 2012. the Tribunal calculated the premiums to be paid for new leases for each of the flats in Mariners Walk to be £3822 and the premium to be paid for the new lease of 2 Knights Court to be £4439. This case affected 13 flats. The remaining number of years on the lease was 76 years.

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Find out more about how flying freehold can affect your the value of a property.