My fiance’s brother is a property lawyer. I anticipate that I'll be able to get friends and family rates for conveyancing, However if that does not come through, what kind of figure should I be expecting for conveyancing in Crayford?
It’s wise to look for two or three conveyancing estimates. Do use our search tool on this page. You will notice that charges may contrast greatly but the service one can expect are distinct between solicitors as is true with the vast majority of professional services.
I am in the process of remortgaging my house in Crayford, does my lawyer have to be on the Barclays Solicitor panel?
There is nothing to stop you using your solicitor, but Barclays will insist on their interests being represented by a firm on their conveyancing panel. There is greater potential for delays and confusion with two solicitors involved, and it will undoubtedly be more expensive too.
Should my conveyancer be raising questions about flooding during the conveyancing in Crayford.
The risk of flooding is if increasing concern for lawyers conducting conveyancing in Crayford. Plenty of people will acquire a house in Crayford, fully expectant that at some time, it may suffer from flooding. However, aside from the physical damage, where a house is at risk of flooding, it may be difficult to get a mortgage, suitable insurance cover, or dispose of the property. Steps can be carried out as part of the conveyancing process to forewarn the buyer.
Conveyancers are not best placed to offer advice on flood risk, but there are a various checks that may be undertaken by the purchaser or on a buyer’s behalf which will figure out the risks in Crayford. The conventional set of property information forms supplied to a purchaser’s solicitor (where the solicitors are adopting what is known as the Conveyancing Protocol) includes a standard question of the vendor to find out if the premises has historically flooded. In the event that flooding has previously occurred which is not notified by the vendor, then a buyer could issue a claim for damages resulting from an incorrect answer. The purchaser’s lawyers should also carry out an enviro report. This should reveal if there is any known flood risk. If so, further inquiries should be initiated.
How does conveyancing in Crayford differ for new build properties?
Most buyers of new build residence in Crayford contact us having been asked by the housebuilder to exchange contracts and commit to the purchase even before the premises is built. This is because builders in Crayford typically 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 property lawyers 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 Crayford or who has acted in the same development.
Helen (my wife) and I may need to let out our Crayford garden flat for a while due to a career opportunity. We used a Crayford conveyancing firm in 2001 but they have closed and we did not have the foresight to get any guidance as to whether the lease allows us to sublet. How do we find out?
Your lease dictates relations between the freeholder and you the leaseholder; in particular, it will indicate if subletting is not allowed, or permitted but only subject to certain conditions. The accepted inference is that if the lease contains no specific ban or restriction, subletting is allowed. Most leases in Crayford do not contain an absolute prevention of subletting – such a clause would undoubtedly devalue the flat. In most cases there is a basic requirement that the owner notifies the freeholder, possibly supplying a duplicate of the tenancy agreement.
I am the registered owner of a two-bedroom flat in Crayford. Given that I can not reach agreement with the freeholder, can the Leasehold valuation Tribunal determine the sum due for a lease extension?
if there is a missing landlord or where there is dispute about what the lease extension should cost, under the relevant statutes you can apply to the First-tier Tribunal (Property Chamber) to assess the sum to be paid.
An example of a Lease Extension matter before the tribunal for a Crayford premises is Various @ Colombus Square in January 2012. the Tribunal calculated the premiums to be paid for new leases for each of the flats in Mariners Walk to be £3822 and the premium to be paid for the new lease of 2 Knights Court to be £4439. This case related to 13 flats. The unexpired term as at the valuation date was 76 years.