Can you explain why leasehold purchase conveyancing in Bexley costs more?
Bexley leasehold properties involve far more paperwork than a freehold purchase, and therefore takes more time to examine and advise upon.Conveyancing will involve the lease having to be checked which is usually a lengthy document, queries raised to ensure that the covenants and conditions have been observed. If it is a flat there will be a management company in existence and the accounts of this will need to be checked and enquiries raised to ensure it is operating efficiently and that all monies due have been paid by the Seller to the company and if not ensuring that money is paid up to date or the appropriate undertakings obtained.
we are a couple who are purchasing a newbuild apartment in Bexley with a loan from Coventry Building Society.We like our Bexley conveyancing solicitor but Coventry Building Society advised that her practice is not listed on their "panel". we are left little option but to use a Coventry Building Society panel solicitor or retain our preferred solicitor and pay for a Coventry Building Society panel lawyer to act for them. We feel as though this is unjust; Can we not simply insist that Coventry Building Society use our lawyer?
No, not really. The home loan offered to you is subject to its terms and conditions, one of which will be that solicitors needs to be on the Coventry Building Society approved list. Until recently, most mortgage companies had large numbers of solicitors on their panels: a borrower could find one for themselves, as long as it was on the lender's panel. The lender would then simply instruct the borrower's lawyers to act for the lender, too. You can use your lender's panel lawyers or you could borrow from another lender which does not restrict your choice. A further alternative is for your solicitors to apply to be on the conveyancing panel for Coventry Building Society
Despite weeks of looking the Title Certificate and documents to my house can not be found. The solicitors who did the conveyancing in Bexley 5 years ago no longer exist. Will I be able to sell the house?
Gone are the days when you need to hold title original deeds to evidence that you are the registered proprietor of land or premises, as the Land Registry have everything they need in a digital format.
What tools are available to identify a Bexley law firm on the Coventry Building Society conveyancing panel? I have a car and am willing to travel upto 25kilometers to meet the conveyancer.
Feel free to make use of the search on this website. Please choose the bank and your location and you will see a number of Bexley conveyancing lawyers locally. We have listed some Bexley conveyancing firms at the bottom of this page and you can contact them to see whether they are on the Coventry Building Society panel
There are only Fifty years remaining on my flat in Bexley. I am keen to get lease extension but my freeholder is can not be found. What should I do?
If you meet the appropriate requirements, under the Leasehold Reform, Housing and Urban Development Act 1993 you can apply to the County Court for for permission to dispense with the service of the initial notice. This will enable the lease to be granted an extra 90 years by the magistrate. You will be obliged to prove that you or your lawyers have used your best endeavours to locate the lessor. On the whole a specialist should be useful to carry out a search and prepare a report to be used as evidence that the landlord is indeed missing. It is wise to seek advice from a conveyancer in relation to proving the landlord’s absence and the vesting order request to the County Court covering Bexley.
Having spent years of negotiations we simply can't agree with our landlord on how much the lease extension should cost for our flat in Bexley. Can we issue an application to the Residential Property Tribunal Service?
Most certainly. We are happy to put you in touch with a Bexley conveyancing firm who can help.
An example of a Lease Extension case for a Bexley property is 103a Footscray Road in January 2014. The tribunal determines that the premium payable for the extended lease should be £34,500 according to the expert witness valuation calculation This case related to 1 flat.