Are there restrictive covenants that are commonly identified during conveyancing in Honor Oak?

Restrictive covenants can be picked up when reviewing land registry title as part of the process of conveyancing in Honor Oak. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’

I have been on the look out for a leasehold apartment up to £195,000 and found one near me in Honor Oak I like with amenity areas and railway links nearby, however it's only got 49 years on the lease. I can't really find anything else in Honor Oak for this price, so just wondered if I would be making a grave error acquiring a short lease?

If you need a mortgage that many years will be problematic. Discount the offer by the amount the lease extension will cost if not already taken into account. If the current proprietor has owned the property for at least twenty four months you could request that they start the process of the extension and then assign it to you. You can add 90 years to the current lease term with a zero ground rent applied. You should speak to your conveyancing solicitor about this matter.

In what way can the Landlord & Tenant Act 1954 affect my commercial property in Honor Oak and how can you help?

The particular law that you refer to gives security of tenure to business leaseholders, granting the a statutory right to make a request to court for a new tenancy and remain in occupation at the end of the lease term. There are limited grounds that a landlord can refuse a lease renewal and the rules are involved. We are happy to direct you to commercial conveyancing firms who use the act for protection and assist with commercial conveyancing in Honor Oak

My husband and I are one month into a freehold purchase having been directed to conveyancers by the local agent to do our conveyancing in Honor Oak. I am am starting to be frustrated with the level of service. Can you help me find new lawyers?

A lawyer would have to be very poor to suggest changing them. Has the mortgage been issued? In the event that it has you will need to make them aware of the new contact details and have the loan are re-issued. Your solicitor ideally needs to be on the lenders panel to avoid escalating fees and complications. That should be your first question of the new solicitors. The search tool will assist you in finding a lender approved lawyer for your conveyancing in Honor Oak

Estate agents have just been given the go-ahead to market my basement flat in Honor Oak.Conveyancing is yet to be initiated but I have just received a yearly service charge invoice – what should I do?

Your conveyancing lawyer is likely to suggest that you should discharge the invoice as normal because all ground rent and service payments should be apportionedon completion, so you will be reimbursed by the buyer for the period running from after the completion date to the next payment date. Most management companies will not acknowledge the buyer unless the service charges have been paid and are up to date so it is important for both buyer and seller for the seller to show that they are up to date. This will smooth the conveyancing process