Having been referred to your company we were about to go ahead with a conveyancing solicitor in Cudham found on your site but have come across some other quotes via the web seem less pricey – how come?

There are a variety of conveyancing outfits offering theoretically looks to be very low prices. You should think long and hard as to how much you respect your own move to you are willing to take 'cheap' risks in relation to the standard of the legal work. Some embed additional charges deep into the terms and conditions. The law firms that we put forward for conveyancing in Cudham will notdo this.

Do lawyers ask for money on account for my conveyancing in Cudham?

If you are buying a property in Cudham your solicitor will request that you put them with monies to cover the the cost of the conveyancing searches. Ordinarily this is needed to cover the fees of the Local Authority Search. If any deposit is payable against the total price then this should be asked for shortly in advance of exchange of contracts. The closing balance that is due will be payable a few days prior to the day of completion.

My wife and I purchased a 4 bedroom Georgian property in Cudham. Conveyancing practitioner acted for me and Nottingham Building Society. I did a free Land Registry search last week and I saw two entries: the first freehold, another for leasehold with the exact same address. I'd like to know for sure, how can I find out??

You need to review the Freehold register you have again and check the Charges Register for mention of a lease. The best way to be sure that you are also the registered proprietor of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Cudham and other locations in the country and poses no real issues for owners other than when they mortgage they have to account for both freehold and leasehold interests when dealing with lenders. You can also enquire as to the position with your conveyancing solicitor who conducted the work.

We are 17 days into a residential purchase having been recommend to solicitors by the local agent to perform conveyancing in Cudham. I am not happy. Could you help me find new lawyers?

A conveyancer would need to be very bad to suggest diss instructing them. Has your mortgage offer been issued? In the event that it has you will need to inform them of the replacement solicitor and have the offer are issued to the new lawyers. The conveyancer should be on the banks panel to avoid added costs and delays. So that should be your starting point. Our find a solicitor tool will help you find a lender approved lawyer for your conveyancing in Cudham

I am employed by a long established estate agency in Cudham where we have witnessed a few flat sales jeopardised due to leases having less than 80 years remaining. I have been given contradictory information from local Cudham conveyancing firms. Could you clarify whether the vendor of a flat can start 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 kick-start the lease extension process and assign the benefit of the notice to the purchaser. The benefit of this is that the buyer can avoid having to wait 2 years for a lease extension. Both sets of lawyers will agree to form of assignment. The assignment has to be done prior to, or simultaneously with completion of the sale.

Alternatively, it may be possible 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 purchaser.

Notwithstanding our best endeavours, we have been unsuccessful in negotiating a lease extension in Cudham. Can this matter be resolved via the Leasehold Valuation Tribunal?

in cases where there is a missing freeholder or if there is disagreement about the premium for a lease extension, under the relevant legislation you can apply to the LVT to judgment on the sum to be paid.

An example of a Lease Extension decision for a Cudham residence is 1 Southlands Court Southlands Road in September 2013. The Leasehold Valuation Tribunal determined that the premium to be paid by the tenant on the grant of a new lease, in accordance with section 56 and Schedule 13 of the Leasehold Reform, Housing and Urban Development Act 1993 was £30,541 This case related to 1 flat. The number of years remaining on the existing lease(s) was 50.57 years.