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Find a Bexleyheath Conveyancing Solictior on Your Lender’s Panel

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

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Recently asked questions about conveyancing in Bexleyheath

Please could you suggest a Chelsea Building Society accepted Bexleyheath conveyancing conveyancer finish our home move within 10 days? Am I best advised to go for a high street Bexleyheath solicitor or a national comparison site?

We can recommend some very good Bexleyheath conveyancing firms. You can also walk up the main road in Bexleyheath. Go in to some well established law practices and request to see a conveyancing solicitor for a fee estimate. Mention your time frames together with your reasons and ask for a commitment on speed. Appoint the one that genuine.

How does conveyancing in Bexleyheath differ for new build properties?

Most buyers of new build or newly converted property in Bexleyheath approach us having been asked by the developer to sign contracts and commit to the purchase even before the house is completed. This is because developers in Bexleyheath usually acquire the land, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are used to new build conveyancing in Bexleyheath or who has acted in the same development.

I've recently found out that there is a flying freehold issue on a house I have offered on last month in what was supposed to be a quick, no chain conveyancing. Bexleyheath is where the house is located. What do you suggest?

Flying freeholds in Bexleyheath are unusual but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Bexleyheath you must be sure that your lawyer goes through the deeds diligently. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Bexleyheath 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 residence.

I have been sourcing a conveyancing solicitor in Bexleyheath for my remortgage. Is it possible to check a firm’s complaints history with the profession’s regulator?

You may search for presented Solicitor Regulator Association (SRA) determinations resulting from inquisitions from 2008 onwards. Visit Check a solicitor's record. For details about the period before 1 January 2008, or to check a firm's record, ring 0870 606 2555, 08.00 - 18.00 Monday, Wednesday, Thursday, Friday and 09.30 - 18.00 Tuesday. For callers outside the UK, dial +44 (0)121 329 6800. The regulator may recorded telephone calls for training reasons.

I inherited a first floor flat in Bexleyheath. In the absence of agreement between myself and the landlord, can the Leasehold valuation Tribunal determine the amount due for the purchase of the freehold?

in cases where there is a absentee freeholder or where 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 Leasehold Valuation Tribunal to arrive at the premium.

An example of a Lease Extension decision for a Bexleyheath flat 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 was in relation to 13 flats. The unexpired residue of the current lease was 76 years.

In relation to leasehold conveyancing in Bexleyheath what are the most common lease problems?

There is nothing unique about leasehold conveyancing in Bexleyheath. All leases are individual and drafting errors can sometimes mean that certain sections are wrong. For example, if your lease is missing any of the following, it could be defective:

    A duty to insure the building

You may have a problem when selling your property if you have a defective lease as they can affect a potential buyer’s ability to obtain a mortgage. Barclays , Barnsley Building Society, and Clydesdale all have express requirements when it comes to what is expected in a lease. If a mortgage lender believes that the lease does not cover certain provisions they may refuse to provide security, obliging the purchaser to pull out.

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