We were just about to exchange contracts for a leasehold flat in Morden. We encountered a stumbling block. Our mortgage offer with Nationwide Building Society runs out on 4/2/2019 but the sellers are putting forward a completion date of 6/2/2019. Can one prolong the mortgage expiry date?
The best person to address this question is your conveyancer who will determine if he or she is better off negotiating with the mortgage broker, vendor’s lawyers, estate agents or indeed all parties given the history of your house move as of today.
Finally the sale completed on my house in Morden last May yet the purchaser is telephoning every few hours to moan that their lawyer needs to hear from mine. What should have happened now that I have sold?
Following your sale your conveyancer is duty bound to deliver the transfer documentation and all supplemental paperwork to the buyer’s lawyers. Depending on the transaction, your solicitor must also evidence that the home loan has been redeemed to the purchasers lawyers. There are no post completion formalities just for conveyancing in Morden.
I am buying a house and need a conveyancing solicitor in Morden who is on the Barnsley Building Society approved. Could you point me in the right direction as regards a firm?
Our service is limited to being a directory service for firms who wish to listed as being on the approved conveyancing panel for Barnsley Building Society in certain locations such as Morden. We dont recommend any particular firm.
How easy is it to use your search tool to find a conveyancing lawyer in Morden on the panel for my mortgage?
First pick a mortgage company such as National Westminster Bank, Skipton Building Society or Godiva Mortgages Ltd then specify your preferred area for example Morden. Conveyancing organisations in Morden and across England and Wales will then be shown.
Completion is due on the disposal of our £250,000 maisonette in Morden next week. The managing agents has quoted £348 for Landlord’s certificate, building insurance schedule and previous years statements of service charge. Is the landlord entitled to charge an administration fee for a flat conveyance in Morden?
Morden conveyancing on leasehold apartments more often than not requires the purchaser’s lawyer submitting enquiries for the landlord to address. Although the landlord is under no legal obligation to address these enquiries the majority will be willing to do so. They are at liberty to levy a reasonable charge for responding to questions or supplying documentation. There is no upper cap for such fees. The average costs for the information that you are referring to is over three hundred pounds, in some transactions it exceeds £800. The administration charge levied by the landlord must be sent together with a summary of rights and obligations in respect of administration charges, otherwise the charge is technically not due. Reality however dictates that you have little choice but to pay whatever is demanded should you wish to exchange contracts with the buyer.
I have attempted and failed to negotiate with my landlord for a lease extension without any joy. Can the Leasehold Valuation Tribunal decide on such matters? Can you recommend a Morden conveyancing firm to help?
Where there is a absentee landlord or where there is disagreement about the premium for a lease extension, under the relevant legislation you can apply to the First-tier Tribunal (Property Chamber) to arrive at the amount due.
An example of a Lease Extension decision for a Morden flat 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 related to 1 flat. The number of years remaining on the existing lease(s) was 62.94 years.