I am buying a house for cash in Brixton. I have lived for the previous 15 years in Brixton. Conveyancing searches are exorbitant. As I have knowledge of the area and road very well must I have all the conveyancing searches?
Provided that you do not need a home loan, then all but one or two of the Brixton conveyancing searches are optional. Your lawyer will ’encourage you, perhaps strongly, that you should have searches done, but he is duty bound to do this. Do bear in mind; if you are intend to dispose of the house in the future, it may be of relevance to your future buyer what the searches reveal. Sometimes properties with day to day issues can still throw up unpredicted search results. A competent conveyancing solicitor in Brixton will be able to give you some constructive advice here.
Is there a search tool that I can use to investigate if the solicitor carrying out my conveyancing in Brixton is on the lender’sconveyancing panel? I am looking to avoid the situation of having one lawyer for me and one for The Mortgage Works thus paying £187.00 plus VAT in supplemental legal bill.
Please do make use of the find a lender approved solicitor tool on this web page. Pick the lender and type ‘Brixton’ or your preferred area and you will discover numerous conveyancers based in Brixton or nearest you.
I need some expedited conveyancing in Brixton as I have pressure to exchange contracts inside 4 weeks. Luckily I do not require a mortgage. Can I decline from having conveyancing searches to save fees and time?
If.Given you are are a cash buyer you are at free not to have searches carried out although no solicitor would suggest that you don't. With lots of history conveyancing in Brixton the following are examples of issues that can arise and therefore impact market value: Refused Planning Applications, Outstanding Charges, Outstanding Grants, Railway Schemes,...
How does conveyancing in Brixton differ for newly converted properties?
Most buyers of new build residence in Brixton contact us having been asked by the builder to exchange contracts and commit to the purchase even before the premises is completed. This is because new home sellers in Brixton usually purchase 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 accustomed to new build conveyancing in Brixton or who has acted in the same development.
I’m about to sell my garden flat in Brixton. Conveyancing solicitors are to be appointed soon, but I have recently had a yearly maintenance charge invoice – should I leave it to the buyer to sort out?
It best that you discharge the maintenance contribution as normal given that all ground rent and service charges will be allotted on completion, so you should recover the relevant percentage by the purchaser for the period running from after the completion date to the next payment date. Most management companies will not acknowledge the buyer until the service charges have been paid and are up to date, so it is important for both buyer and seller for the seller to show that they are up to date. Having a clear account will assist your cause and will leave you no worse off financially.
After months of dialogue we simply can't agree with our landlord on how much the lease extension should cost for our flat in Brixton. Does the Leasehold Valuation Tribunal have jurisdiction to calculate the appropriate figures?
if there is a absentee landlord or if there is disagreement about what the lease extension should cost, under the Leasehold Reform, Housing and Urban Development Act 1993 it is possible to make an application to the LVT to make a decision on the price.
An example of a Freehold Enfranchisement matter before the tribunal for a Brixton property is 66 Southwell Road in March 2012. By Order of Deputy District Judge Stone dated 25 January 2012 a vesting order was made. The determination of the purchase price was referred to the Tribunal who decided that the amount payable for the freehold should be£29,612.00 This case was in relation to 3 flats. The number of years remaining on the existing lease(s) was 72.58 years.