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

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Recently asked questions about conveyancing in Catford

Can the conveyancing solicitors listed on your site execute attended exchange conveyancing in Catford?

We do have a number of conveyancing specialists carrying out attended exchanges. Please e-mail us to obtain a fee calculation and details as to availability.

I am the registered owner of a freehold house in Catford but nevertheless charged rent, why is this and what is this?

It’s unusual for properties in Catford and has limited impact for conveyancing in Catford but some freehold properties in England (particularly common in North West England) pay an annual sum known as a Chief Rent or a Rentcharge to a third party who has no other legal interest in the land.

Rentcharge payments are usually between £2.00 and £5.00 per year. Rentcharges date back hundreds of years, but the Rent Charge Act 1977 barred the establishment of new rentcharges post 1977.

Old rentcharges can now be redeemed by making a one off payment under the Act. Any rentcharges that are still in existence post 2037 is to be extinguished.

The deeds to our home can not be found. The lawyers who dealt with the conveyancing in Catford 5 years ago are no longer around. Will I be able to sell the house?

These day there are duplicates made of almost everything, and your conveyancer will know precisely where to locate all the relevant paperwork so you may purchase or sell your house without any difficulty. If copies can’t be found, your solicitor may be able to put in place insurance or indemnities against future claims on the property.

I've recently found out that there is a flying freehold issue on a property I put an offer in two weeks back in what should have been a simple, no chain conveyancing. Catford is where the house is located. Can you offer any guidance?

Flying freeholds in Catford are rare but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Catford you must be sure that your lawyer goes through the deeds thoroughly. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Catford may decide 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 premises.

Do you have any advice for leasehold conveyancing in Catford from the point of view of saving time on the sale process?

  • A significant proportion of the frustration in leasehold conveyancing in Catford can be bypassed if you get in touch lawyers as soon as you market your property and request that they start to put together the leasehold documentation needed by the purchasers’ solicitors.
  • If you have had any disputes with your freeholder or managing agents it is very important that these are settled prior to the flat being put on the market. The buyers and their solicitors will be reluctant to purchase a flat where a dispute is unresolved. You may need to swallow your pride and discharge 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 prior to the contract papers being issued to the buyers’ solicitors. You are still duty bound to disclose particulars of the dispute to the purchasers, but it is better to reveal the dispute as over rather than unsettled. A minority of Catford leases require Licence to Assign from the landlord. If this is the case, you should notify your estate agents to make sure that the purchasers obtain bank and professional references. Any bank reference should make it clear that the buyer is able to meet the annual service charge and the actual amount of the service charge should be quoted in the bank’s letter. You will therefore need to provide your estate agents with the actual amount of the service charge so that they can pass this information on to the purchasers or their solicitors. You may think that you are aware of the number of years left on your lease but it would be advisable verify this by asking your lawyers. A purchaser's lawyer will not be happy to advise their client to proceed with the purchase of a leasehold property the remaining number of years is less than 75 years. In the circumstances it is important at an as soon as possible that you identify whether the lease requires a lease extension. If it does, contact your solicitors before you put your property on the market for sale. Many landlords or managing agents in Catford charge for providing management packs for a leasehold home. You or your lawyers should enquire as to the fee that they propose to charge. The management information sought on or before finding a buyer, thus accelerating the process. The typical amount of time it takes to receive management information is three weeks. It is the most usual cause of frustration in leasehold conveyancing in Catford.

Having spent years of negotiations we cannot agree with our landlord on how much the lease extension should cost for our flat in Catford. Does the Leasehold Valuation Tribunal have jurisdiction to calculate the appropriate figures?

Most certainly. We can put you in touch with a Catford conveyancing firm who can help.

An example of a Freehold Enfranchisement decision for a Catford residence is 44 Elmer Road in January 2013. The Tribunal dacied that amount to be paid by the Leaseholders for the Landlords freehold reversion was £12,951 as at the valuation date (20" September 2012).This matter was referred back to the Bromley County Court to deal with costs, fees and any other outstanding matters. This case related to 2 flats. The number of years remaining on the existing lease(s) was 74.25 years.

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