Can the conveyancing solicitors that you recommend execute attended exchange conveyancing in Copse Hill?
We do have a number of conveyancing experts carrying out personalised exchanges. Please call us to obtain a fee calculation and details as to availability.
I am buying a property in Copse Hill. An unusual aspect is that the roof has a solar panel. Solicitors conducting should look into this right? Will my lender Kent Reliance be concerned?
As you are obtaining a mortgage with Kent Reliance your lawyer must check the conveyancing requirements set out in Part 2 of UK Finance Lenders’ Handbook for Kent Reliance. The Council of Mortgage Lenders’ Handbook contains minimum specifications for solar panel roof-space leases, and conveyancers are required to report to Kent Reliance where a lease fails to meet these provisions. The specifications relate to the installation of panels on properties countrywide and is not limited to Copse Hill.
Lloyds have agreed my mortgage in principle, my bid on a apartment in Copse Hill has been accepted, now what?
The estate agent will wish to know who your solicitors are (be sure the conveyancers are on the bank’s approved list). Telephone Lloyds or the financial adviser and finalise any relevant documentation. Lloyds will appoint a valuer who will get in contact with the selling agent or vendor to schedule an appointment. Once conducted (assuming no problems) it takes on average ten days to get a mortgage offer. Lloyds will send the offer to you and your conveyancing practitioners. The transaction will then take it’s course according the nature and complexity of the conveyancing in Copse Hill.
Our offer on a semi in Copse Hill has been accepted, the sellers do however have an associated purchase. The vendors have placed an offer on somewhere, but it’s not been accepted yet, and are looking at other properties booked. I have instructed a nearby conveyancing solicitor in Copse Hill. What should be my next step? When do I get the mortgage application with Santander started?
It is normal to have concerns where there is a chain as you are unlikely to want to incur expenses prematurely (home loan application is in the region of one thousand pounds, then valuation, Copse Hill conveyancing search fees, etc). First, you must check that your conveyancer is on the Santander conveyancing panel. As to the subsequent steps this very much depends on the uniqueness of your case, desire for the property and on the state of the market. In a rising market the majority of home buyers will apply for the mortgage with Santander and arrange for the valuation and only if it comes back ok would they pay their property lawyer to move forward with searches.
I am looking for a ground for flat up to £235,500 and identified one close by in Copse Hill I like with a park and transport links nearby, the downside is that it's only got 61 remaining years left on the lease. There is not much else in Copse Hill in this price bracket, so just wondered if I would be making a grave error purchasing a short lease?
Should you need a home loan the shortness of the lease may be an issue. Discount 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 ask them to commence the lease extension formalities and pass it to you. You can add 90 years to the current lease term and have £0 ground rent by law. You should consult your conveyancing lawyer concerning this matter.
Am I better off to go with a Copse Hill conveyancing lawyer in close proximity to the house I am buying? I have an old university friend who can execute the conveyancing but her office is 300kilometers away.
The benefit of a local Copse Hill conveyancing practice is that you can visit the firm to execute documents, present your identification documents and pester them if necessary. They will also have local insight which is a plus. However it's more important to get someone that will pull out all the stops for you. If other friends have used your friend and the majority were content that must surpass using an unknown Copse Hill conveyancing lawyer just because they are round the corner.
Jane (my partner) and I may need to rent out our Copse Hill ground floor flat temporarily due to taking a sabbatical. We instructed a Copse Hill conveyancing firm in 2002 but they have closed and we did not have the foresight to get any advice as to whether the lease permits subletting. How do we find out?
Notwithstanding that your last Copse Hill conveyancing solicitor is not available you can check your lease to see if you are permitted to let out the apartment. The rule is that if the deeds are silent, subletting is allowed. Quite often there is a prerequisite that you are obliged to seek consent from your landlord or some other party prior to subletting. This means you not allowed to sublet in the absence of first obtaining consent. The consent must not not be unreasonably turned down. If the lease prohibits you from letting out the property you should ask your landlord for their consent.
I am the proprietor of a ground flat in Copse Hill. In the absence of agreement between myself and the landlord, can the Leasehold valuation Tribunal make a decision on the amount payable for the purchase of the freehold?
Where there is a absentee freeholder or if there is dispute about the premium for a lease extension, under the Leasehold Reform, Housing and Urban Development Act 1993 you can apply to the First-tier Tribunal (Property Chamber) to calculate the price payable.
An example of a Lease Extension decision for a Copse Hill flat is 83 Balvernie Grove in February 2012. The Tribunal assessed the price to be paid by the leaseholder to the freeholder for the lease extension pursuant to section 48 of the Leasehold Reform Housing & Urban Development Act 1993 should be£16,603.00 This case affected 1 flat. The remaining number of years on the lease was 69.32 years.