At what point will exchange of contracts take place for residential conveyancing in Grahame Park and am I required to be at the solicitors branch?
If you are near to our conveyancing solicitors in Grahame Park you are invited in to sign the paperwork. However, the firms we work with offer a nationwide conveyancing service and provide as equally detailed and professional a job for you when communicating with you digitally. The signing of the property agreement is not when everything is set in stone. Signing on the dotted line is just a prerequisite for the firm to address the formalities when the time is right, which will usually be very shortly after signing. The exchange process is nowadays normally dealt with by telephone and can be very rapid, although where a lengthy "chain" is involved, since the process requires the relevant party's solicitor (not necessarily a conveyancing solicitor in Grahame Park)to be in the office available at the end of the phone to exchange contracts.
A colleague informed me that in purchasing a property in Grahame Park there may be a number of restrictions prohibiting external alterations to a property. Is this right?
There are a number of properties in Grahame Park which have some sort of restriction or requirement of consent to carry out external variations. Part of the conveyancing in Grahame Park should determine what restrictions are applicable and advising you as part of a ROT that should be sent to you.
Is there a list of Barclays panel solicitors in Grahame Park on the Council of Mortgage Lender’s Website?
Unfortunately not yet. There is no such directory service on the CML or Building Society Association sites. Very few mortgage companies make their panel listings available online. Where you are looking for a Grahame Park solicitor on the Barclays please make the most of our facility.
I have finally had an offer on an apartment in Grahame Park accepted, but there is a chain. The vendors have put an offer on on an apartment, however it’s not yet agreed to, and have viewings of other apartments in the pipeline. I have instructed a local conveyancing solicitor in Grahame Park. What do I do now? When should I get the mortgage application with HSBC going?
It is understandable to have apprehensions where there is a chain as you are unlikely to want to be too out of pocket prematurely (mortgage application is approx £1k, then valuation, Grahame Park conveyancing search costs, etc). The first thing to do is check that your solicitor is on the HSBC approved list. As to the subsequent phase this very much depends on the specifics of your transaction, motivation for the property and on the state of the market. In a buoyant market some home buyers would apply for a home loan with HSBC and arrange for the valuation and only if it comes back ok would they pay their lawyer to press on with searches.
Due to the advice of my in-laws I had a survey completed on a property in Grahame Park ahead of retaining lawyers. I have been told that there is a flying freehold element to the property. My surveyor advised that some banks may refuse to give a loan on this type of home.
It depends who your proposed lender is. Santander has different instructions for example to Nationwide. If you contact us we can look into this further via the appropriate bank. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Grahame Park. Conveyancing may be slightly more expensive based on your lender's requirements.
As co-executor for the will of my uncle I am selling a residence in Newport but reside in Grahame Park. My solicitor (approximately 200 kilometers from meneeds me to sign a stat dec ahead of completion. Can you recommend a conveyancing practitioner in Grahame Park who can witness this legal document for me?
strictly speaking you should not be required to have the documents witnessed by a conveyancing solicitor. Ordinarily or notary public or qualified solicitor will be fine regardless of whether they are based in Grahame Park
I only have 72 years remaining on my lease in Grahame Park. I need to extend my lease but my freeholder is missing. What options are available to me?
On the basis that you qualify, under the Leasehold Reform, Housing and Urban Development Act 1993 you can apply to the County Court for an order to dispense with the service of the initial notice. This will mean that your lease can be extended by the magistrate. However, you will be required to demonstrate that you have made all reasonable attempts to locate the landlord. For most situations a specialist should be useful to carry out a search and prepare a report to be used as evidence that the freeholder is indeed missing. It is advisable to get professional help from a property lawyer in relation to devolving into the landlord’s absence and the application to the County Court overseeing Grahame Park.
I have attempted and failed to negotiate with my landlord to extend my lease without getting anywhere. Can the Leasehold Valuation Tribunal adjudicate on such issues? Can you recommend a Grahame Park conveyancing firm to help?
in cases where there is a absentee landlord or where there is dispute about the premium for a lease extension, under the Leasehold Reform, Housing and Urban Development Act 1993 it is possible to make an application to the First-tier Tribunal (Property Chamber) to determine the price.
An example of a Freehold Enfranchisement case for a Grahame Park property is 1 & 1A Sunningfields Crescent in September 2013. The Tribunals calculation of the amount to be paid into court in respect of the value of the freehold interest is £11,997 in respect of Flat 1 and £15,781 in respect of Flat 1A for a total of £27,778. This case affected 2 flats. The remaining number of years on the lease was 71.5 years.