When can the exchange of contracts happen for residential conveyancing in Fairlop and am I required to attend the solicitors office?
If you are near to one of the conveyancing solicitors in Fairlop you are invited in to sign documents. That being said, the lender approved solicitors we work with offer a nationwide conveyancing service and give as equally comprehensive and professional a job for you when communicating with you electronically. The executing of the purchase agreement is not the critical part. Signing on the dotted line is just a prerequisite for the solicitor to officially exchange at the suitable time, which is ordinarily shortly after signing. The exchange process is is usually a five minute process, although where an extended "chain" is in play, since the process requires the relevant party's solicitor (not necessarily a conveyancing solicitor in Fairlop)to be in the office available at the end of the phone to exchange contracts.
My friend recommended that where I am buying in Fairlop I should ask my conveyancer to execute a Neighbourhood, Planning and Local Amenity Search. What does it cover?
A search of this type is sometimes included in the estimate for your Fairlop conveyancing searches. It is not a small document of more than thirty pages, listing and setting out important information about Fairlop around the property and the people living there. It incorporates an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the Fairlop Housing Market, Council Tax Banding, the type of People living in the area, the dominant type of Housing, the Average Property Price, Crime details, Local Education with plans and statistics, Local Amenities and other useful information about Fairlop.
Despite weeks of looking the Title Certificate and documents to my property are lost. The conveyancers who handled the conveyancing in Fairlop 10 years ago are no longer around. Will I be able to sell the house?
These day there are duplicates made of almost everything, and your solicitor should know exactly where to look for all the appropriate documentation so you may buy or dispose of your house without any difficulty. If duplicates are not available, your lawyer can put in place insurance or indemnities against future claims on your premises.
How difficult is it to transfer to a new conveyancer as I need to retain a firm on the HSBC Bank conveyancing list. I hired a high street conveyancing solicitor in Fairlop five minutes from me but the firm is not approved by HSBC Bank
It would be our pleasure to help you select a conveyancing solicitor in Fairlop on the HSBC Bank panel. Please note that the solicitors that we list do not pay us commission if you instruct them and are regulated by the Solicitors Regulation Authority who regulate all conveyancing solicitors in Fairlop. In utilising the find a conveyancing solicitor tool on this site, you can compare charges for conveyancing solicitors in Fairlop and throughout England and Wales.
I work for a long established estate agent office in Fairlop where we have witnessed a few flat sales jeopardised as a result of short leases. I have been given conflicting advice from local Fairlop conveyancing firms. Can you confirm whether the seller of a flat can start the lease extension process for the purchaser on completion of the sale?
As long as the seller has owned the lease for at least 2 years it is possible, to serve a Section 42 notice to start 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 for a lease extension. Both sets of lawyers will agree to form of assignment. The assignment has to be done before, or at the same time as completion of the sale.
An alternative approach is to extend the lease informally by agreement with the landlord 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.
I have had difficulty in trying to purchase the freehold in Fairlop. Can this matter be resolved via the Leasehold Valuation Tribunal?
Where there is a missing freeholder or where there is dispute about the premium for a lease extension, under the relevant legislation you can apply to the LVT to decide the amount due.
An example of a Lease Extension matter before the tribunal for a Fairlop premises is 104 Coventry Road in July 2014. The Tribunal determined that the lease extension permium should be £22,896.15 This case affected 1 flat. The number of years remaining on the existing lease(s) was 60.29 years.