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Recently asked questions about conveyancing in Coombe

It is a dozen years since I acquired my home in Coombe. Conveyancing lawyers have just been retained on the sale but I am unable to track down the title documents. Is this a major issue?

Don’t worry too much. First there is a possibility that the deeds will be retained by the mortgage company or they could stored with the conveyancers who oversaw your purchase. Secondly in all probability the property will be recorded at the land registry and you will be able to prove you own the property by your conveyancing solicitors obtaining up to date copy of the land registers. Almost all conveyancing in Coombe involves registered property but in the unlikely event that your home is unregistered it is more of a problem but is resolvable.

The estate agent has sent us the confirmation of our purchase of a new build flat in Coombe. Conveyancing is daunting at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build conveyancing.

Here is a sample of a selection of leasehold new build enquiries that you can expect your new-build leasehold conveyancing in Coombe

    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. There must be mutual enforceability of lessee’s covenants. The Vendor must covenant to keep unsold units in good repair until long leases are granted therefore. The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme. Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company?

Over the last few months I have been searching for a flat up to £245,000 and found one round the corner in Coombe I like with a park and station nearby, the downside is that it's only got 49 remaining years left on the lease. I can't really find anything else in Coombe for this price, so just wondered if I would be making a mistake acquiring a short lease?

Should you need a mortgage the remaining unexpired lease term will likely be problematic. Reduce the price by the anticipated lease extension will cost if it has not already been discounted. If the current owner has owned the property for a minimum of twenty four months you could request that they start the process of the extension and pass it to you. You can add 90 years to the current lease with a zero ground rent applied. You should consult your conveyancing solicitor about this.

In my capacity as executor for the estate of my uncle I am selling a residence in Monmouth but reside in Coombe. My lawyer (who is 235 kilometers awayneeds me to sign a statutory declaration prior to the transaction finalising. Can you recommend a conveyancing practitioner in Coombe who can attest this legal document for me?

Technically speaking you should not need to have the documents attested by a conveyancing solicitor. Normally any notary public or qualified solicitor will be fine regardless of whether they are Coombe based

Back In 2006, I bought a leasehold house in Coombe. Conveyancing and The Mortgage Works mortgage are in place. I have received a letter from someone claiming to own the reversionary interest in the property. It included a ground rent demand for rent dating back to 1995. The conveyancing solicitor in Coombe who previously acted has now retired. Do I pay?

First make enquiries of the Land Registry to be sure that the individual claiming to own the freehold is in fact the registered owner of the freehold reversion. You do not need to incur the fees of a Coombe conveyancing solicitor to do this as it can be done on-line for £3. You should note that in any event, even if this is the rightful freeholder, under the Limitation Act 1980 the limitation period for recovery of ground rent is six years.

My wife and I have hit a brick wall in trying to reach an agreement for a lease extension in Coombe. Can the Leasehold Valuation Tribunal adjudicate on premiums?

if there is a absentee freeholder or where there is disagreement about what the lease extension should cost, under the relevant statutes it is possible to make an application to the Leasehold Valuation Tribunal to arrive at the sum to be paid.

An example of a Freehold Enfranchisement matter before the tribunal for a Coombe flat is 29 Woodstock Road in April 2014. the Tribunal determined that the premiums to be paid into court in respect of the purchase of the freehold registered at HMLR under Title N0.SY3997 should be £7,217. This case was in relation to 4 flats. The number of years remaining on the existing lease(s) was 98 years.

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