My bid for a property was accepted at auction in New Addington. Conveyancing is needed. What is next?
Now that you are for in every practical sense signed on the dotted line you will need to find a conveyancing solicitor soon as you will have a fast approaching a fixed date to complete the property. All auction property will have an associated legal set of papers. This should include most,if not all of the paperwork that your conveyancer requires. In the case of leasehold premises the legal pack should provide a copy of the lease, management information and a sellers leasehold information form and other conveyancing paperwork pertinent to a leasehold property. You should pass this on to your appointed conveyancing solicitor at the earliest opportunity. Do make sure that that you have the requisite funding in order to complete on the on the contractual date .
I am planning to move property in November. Will my conveyancing solicitor call the removal company on the completion day. Incidentally, can you put forward a removal company in New Addington. Conveyancing firm was chosen prior to coming across this site.
On the day of completion you will need to collect the house keys from the property agent but this can only be done when the vendors solicitors inform the agent that they have the completion monies and the keys can be passed over. You should inform the removal men that you are ready to move in. As a matter of policy we do not suggest a specific removal company but can assist you in finding a residential property solicitor in New Addington or a firm with expertise in conveyancing in New Addington.
I have today made my last payment due on my mortgage with Leeds Building Society. I assume I don't need a New Addington property lawyer on the Leeds Building Society panel to discharge the mortgage at the Land Registry. Please confirm.
If you have finished paying off your Leeds Building Society mortgage, they may send you evidence showing that you have paid it off. Alternatively they may notify the Land Registry directly. The Land Registry need to see this evidence before they will remove the Leeds Building Society mortgage from the register. Leeds Building Society, and any evidence they send you, will determine the action you need to take. In cases where no conveyancer is acting for you and you have paid off your mortgage:
- but are not moving to another property
- where Leeds Building Society has sent the Land Registry the discharge electronically, and
- Leeds Building Society has instructed the Land Registry to do so
I need some expedited conveyancing in New Addington as I am faced with a deadline to complete within 3 weeks. A mortgage is not required. Is it possible to decline from having conveyancing searches to save fees and time?
As you are are a cash buyer you are at free not to do searches although no lawyer would recommend that you don't. Drawing on years of experience of conveyancing in New Addington the following are instances of what can be revealed and therefore affect future mortgageability: Refused Planning Applications, Outstanding Charges, Outstanding Grants, Railway Schemes,...
Over the last few months I have been searching for a flat up to £195,000 and identified one close by in New Addington I like with amenity areas and station nearby, the downside is that it only has 52 remaining years left on the lease. There is not much else in New Addington suitable, so just wondered if I would be making a grave error buying a lease with such few years left?
Should you require a mortgage that many years will likely be a potential deal breaker. Discount the price by the expected lease extension will cost if it has not already been discounted. If the existing owner has owned the premises for at least 2 years you could ask them to commence the lease extension formalities and then assign it to you. An additional ninety years can be extended on to the existing lease with a zero ground rent applied. You should consult your conveyancing solicitor concerning this.
What does commercial conveyancing in New Addington cover?
New Addington conveyancing for business premises covers a wide array of services, offered by regulated solicitors, relating to business property. For example, this type of conveyancing can cover the sale or purchase of freehold business premises or, more commonly, the assignment of existing leases or the drafting of new leasing arrangements. Commercial conveyancing solicitors can also offer advice on the sale of business assets, commercial loans and the termination of leases.
Me and my partner are buying a leasehold apartment in New Addington. Conveyancing estimates are coming in at around £1700. Is that reasonable?
The average cost in 2014 for conveyancing in New Addington was £1,500 excluding Stamp Duty and HMLR charges.