When does exchange of contracts happen for domestic conveyancing in Battersea and am I required to be at the lawyers branch?

If you are round the corner to one of the conveyancing solicitors in Battersea you are welcome to attend to sign contracts. That being said, the law practices we recommend supply countrywide coverage for conveyancing and give just as detailed and professional a job for you when dealing with you by post or email. The signing of the contract is not when everything is set in stone. Signing on the dotted line is necessary for the firm to exchange contracts when the time is right, which is ordinarily shortly after signing. The exchange process 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 Battersea)to be in the office at the appropriate time.

I am buying a property and the lawyer has mentioned Chancel Repair to which the property may be obligated to contribute to given it’s proximity to the area of such a church. He has recommended insurance. Is this really required for conveyancing in Battersea

Unless a prior acquisition of the property completed post 12 October 2013 you may assume that lawyers conducting conveyancing in Battersea to continue to recommend a chancel search and or chancel repair liability policy.

I opted to have a survey done on a house in Battersea ahead of retaining conveyancers. I have been advised that there is a flying freehold aspect to the house. The surveyor advised that some banks tend refuse to give a loan on this type of home.

It varies from the lender to lender. Lloyds has different instructions from Nationwide. Should you wish to telephone us we can look into this further with the relevant mortgage company. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Battersea. Conveyancing will be smoother if you use a solicitor in Battersea especially if they regularly deal with such properties in Battersea.

Is it best to choose a Battersea conveyancing practitioner based in the area that I am hoping to buy? We have a good friend who can conduct the conveyancing however they are based 200kilometers away.

The benefit of a local Battersea conveyancing firm is that you can visit the firm to sign paperwork, present your ID and apply pressure on them where appropriate. They will also have local intelligence which is a bonus. However nothing is more important than finding someone that will do a good and efficient job. If if people you trust instructed your friend and in the main were content that should outweigh using an unknown Battersea conveyancing lawyer solely due to them being local.

Can you provide any top tips for leasehold conveyancing in Battersea from the point of view of saving time on the sale process?

• Much of the frustration in leasehold conveyancing in Battersea can be avoided if you instruct lawyers as soon as you market your property and ask them to collate the leasehold information needed by the buyers’ conveyancers.
If you hold a share in a the freehold, you should make sure that you hold the original share certificate. Obtaining a replacement share certificate can be a time consuming process and slows down many a Battersea conveyancing deal. If a new share certificate is necessary, you should approach the company officers or managing agents (if relevant) for this sooner rather than later. If there is a history of any disputes with your freeholder or managing agents it is very important that these are resolved prior to the flat being marketed. The purchasers and their solicitors will be nervous about purchasing a flat where there is an ongoing dispute. You may need to swallow your pride and pay any arrears of service charge or resolve the dispute prior to the buyers completing the purchase. It is therefore preferable to have any dispute settled ahead of the contract papers being issued to the buyers’ solicitors. You are still duty bound to disclose details of the dispute to the purchasers, but it is better to reveal the dispute as over rather than ongoing. The majority of landlords or Management Companies in Battersea levy fees for supplying management packs for a leasehold home. You or your lawyers should find out the actual amount of the charges. The management information can be applied for on or before finding a buyer, thus reducing delays. The average time it takes to obtain the necessary information is three weeks. It is the most common cause of delay in leasehold conveyancing in Battersea.

I am the leaseholder of a basement flat in Battersea. Given that I can not reach agreement with the landlord, can the Leasehold valuation Tribunal determine the amount due for the purchase of the freehold?

Where there is a missing freeholder or if there is dispute about the premium for a lease extension, under the Leasehold Reform, Housing and Urban Development Act 1993 it is possible to make an application to the First-tier Tribunal (Property Chamber) to calculate the price.

An example of a Lease Extension case for a Battersea property is 150A Albert Palace Mansions Lurline Gardens in July 2013. The Tribunal determined that the premium payable for the new lease of the subject property was £42,069 This case was in relation to 1 flat. The number of years remaining on the existing lease(s) was 57.06 years.