We're in Merton Park, FTBs buying with a mortgage (lender is Virgin Money , and our solicitor is on the Virgin Money conveyancing panel). How long should the conveyancing process take?
The fact that your lawyer is on the Virgin Money conveyancing panel is a help. It would almost certainly delay matters if they were not. However, no property lawyer should guarantee a timeframe for your conveyancing, due to third parties outside of your control such as delays caused by lenders,conveyancing search providers or by the other side’s solicitors. The time taken is often determined by the number of parties in a chain.
I used Arc property Solicitors a few years ago for my conveyancing in Merton Park. Now, I need the files however cannot find the solicitor. What do I do?
Do contact the Solicitors Regulatory Authority (SRA) to assist in tracking down your conveyancing files. They can be contacted on please contact on 0870 606 2555. Alternatively, you should use their online form to make an enquiry. You will need to provide the SRA with as much information as possible to assist their search, including the name and address in Merton Park of the conveyancing firm of solicitors you previously retained, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.
How does conveyancing in Merton Park differ for new build properties?
Most buyers of new build residence in Merton Park approach us having been asked by the housebuilder to sign contracts and commit to the purchase even before the residence is constructed. This is because house builders in Merton Park tend to acquire the site, 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 conveyancing solicitors 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 used to new build conveyancing in Merton Park or who has acted in the same development.
Expecting to sign contracts shortly on a leasehold property in Merton Park. Conveyancing solicitors assured me that they are sending me a report within the next couple of days. What should I be looking out for?
The report on title for your leasehold conveyancing in Merton Park should include some of the following:
Does the lease prohibit wood flooring? Repair and maintenance of the property You should have a good understanding of the insurance requirements What options are available to the landlord where you have contravened the provisions of the lease? Whether the landlord has obligations to ensure rights of quiet enjoyment over your property and do you know what it means in practice?
I have attempted and failed to negotiate with my landlord to extend my lease without getting anywhere. Can I apply to the Leasehold Valuation Tribunal? Can you recommend a Merton Park conveyancing firm to represent me?
Absolutely. We are happy to put you in touch with a Merton Park conveyancing firm who can help.
An example of a Lease Extension decision for a Merton Park premises is 14 Nutwell Street in January 2014. The premium payable for the acquisition of a new lease of the subject premises was in the sum of £30,523 This case affected 1 flat. The unexpired residue of the current lease was 62.94 years.
What type of premises does your Merton Park conveyancing estimates relate to?
The quotes issued are only applicable to standard domestic property in England & Wales. If you have any different requirements for example industrial or agricultural property or commercial conveyancing in Merton Park please telephone us to discuss your requirements .