My wife and I have just bought a house in Colliers Wood. We have since encountered a number of issues with the property which we believe were missed in the conveyancing searches. What action can we take? Can you clarify the type of searches that should have been carried out for conveyancing in Colliers Wood?
It is not clear from the question as what problems have arisen and if they are relate to conveyancing in Colliers Wood. Conveyancing searches and investigations undertaken during the buying process are carried out to help avoid problems. As part of the process, a property owner fills in a form known as a Seller’s Property Information Form. If the information proves to be incorrect, you could possibly take legal action against the seller for any losses that you have suffered. The survey should have identified any problems with the structure of the property. Assuming a detailed survey was carried out and the issues were not identified, you may have a claim against the surveyor. However, if you did not have a full survey, you may be responsible for fixing any defects that have now been noted. We would always encourage buyers to take every possible step to ensure they are completely aware of the condition of a property before purchase regardless of whether they are buying in Colliers Wood.
My bank has recommended a law firm on their panel based in Colliers Wood but I would rather use a conveyancing lawyer in Colliers Wood round the corner to me. Can you assist?
Far from all Colliers Wood conveyancing firms are listed all lender’s conveyancing panel. Do make use of the above find an approved solicitor tool to find a Colliers Wood conveyancing solicitor on the on the bank panel.
About to purchase a new build apartment in Colliers Wood. Conveyancing is a frightening process at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build conveyancing.
Set out below is a sample of a few leasehold new build questions that you should expect your new-build leasehold conveyancing in Colliers Wood
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Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose? If there are lifts in the building, please confirm that the owners of flats on the ground and basement floors will not be required to contribute towards the cost of maintenance and renewal. Please provide evidence that the form of Lease proposed has been approved by the Land Registry. Where there is an Undertaking being granted there is the risk of forfeiture of the Headlease subject to relief if one or more of the Underlessees are willing to accept the original Head Lessee’s obligations as otherwise relief will be denied to the Underlessees. The only alternatives are the Head Lessor agreeing not to forfeit the Headlease or the Head Lessee guaranteeing to the Underlessees that it will not be in breach of the Headlease.
As co-executor for the will of my grandmother I am disposing of a property in Cardiff but I am based in Colliers Wood. My conveyancer (who is 235 kilometers awayhas requested that I execute a statutory declaration prior to completion. Could you suggest a conveyancing practitioner in Colliers Wood who can attest this legal document for me?
Technically speaking you should not need to have the documents witnessed by a conveyancing solicitor. Normally or notary public or solicitor will suffice regardless of whether they are located in Colliers Wood
I am employed by a long established estate agent office in Colliers Wood where we have experienced a number of leasehold sales put at risk due to short leases. I have been given inconsistent advice from local Colliers Wood conveyancing firms. Please can you clarify whether the seller of a flat can commence the lease extension process for the purchaser on completion of the sale?
Provided that the seller has been the owner for at least 2 years it is possible, to serve a Section 42 notice to commence the lease extension process and assign the benefit of the notice to the purchaser. The benefit of this is that the buyer need not have to wait 2 years to extend their lease. Both sets of lawyers will agree to form of assignment. The assignment needs to be completed prior to, or simultaneously with completion of the sale.
An alternative approach is to agree the lease extension with the freeholder either before or after the sale. If you are informally negotiating there are no rules and so you cannot insist on the landlord agreeing to grant an extension or transferring the benefit of an agreement to the buyer.
I inherited a second floor flat in Colliers Wood. Given that I can not reach agreement with the landlord, can the Leasehold valuation Tribunal make a decision on the sum due for a lease extension?
Where there is a missing freeholder or where there is dispute about what the lease extension should cost, under the relevant legislation it is possible to make an application to the First-tier Tribunal (Property Chamber) to determine the sum to be paid.
An example of a Lease Extension decision for a Colliers Wood property is 14 Nutwell Street in January 2014. The premium payable for the acquisition of a new lease of the subject premises was in the sum of £30,523 This case affected 1 flat. The unexpired lease term was 62.94 years.