We are aiming to move home in January. Does my conveyancing solicitor liaise with the removal company on the completion day. As an aside, can you recommend a removal company in Norwood. Conveyancing lawyer was found prior to coming across this page.
On the afternoon of completion you can collect the house keys from your estate agent but this can only happen after the vendors solicitors confirm to the agent that they acknowledge receipt of the completion payment and the keys can be handed over. You will need to inform the removal men that you are ready to move in. We are not in a position to suggest a particular removal company but can help you find a conveyancing in Norwood or a firm that specialises in conveyancing in Norwood.
My wife and I have arranged a further advance on our mortgage from Aldermore as we want to conduct renovations to our home in Norwood. Do we need to choose a local Norwood solicitor on the Aldermore conveyancing panel to deal with the paperwork?
Aldermore do not ordinarily require a member of their approved list of lawyers to deal with the formalities. If they do require any legal work then you would need to ensure that such a lawyer was on the Aldermore panel.
Completion of my purchase has taken place for my property in Norwood. Conveyancing was a necessary evil but I would like to complain about the lender. Who do I contact should I wish to lodge a complaint?
Most banks and building societies have complaints procedures. Your first point of contact should be one of the lender’s branches or the Customer Services Team at head office. We understand that complaints to a lender are sorted out very quickly. However if you are not satisfied that the matter is not resolved you can write to Financial Ombudsman Service, South Quay Plaza, 183 Marsh Wall, London E14 9SR with full details of your complaint.
I know that there are debates on Chancel Insurance on online forums. Am I compelled to take this when acquiring a house in Norwood? or Apparently there is a law dating back centuries that means some homeowners living in a parish church boundary will be compelled to pay for maintenance to the chancel within the church. Is this appropriate for conveyancing in Norwood?
Unless a previous purchase of the house took place post 12 October 2013 you can expect solicitors conducting conveyancing in Norwood to continue to suggest a chancel search and or insurance against a claim.
I'm buying a new build house in Norwood with the aid of help to buy. The builders refused to reduce the amount so I negotiated 6k of extras instead. The estate agent advised me not inform my conveyancer about the side-deal as it could adversely affect my loan with the bank. Is this normal?.
All lenders require a Disclosure of Incentives Form from the builder of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.
Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.
Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.
I've recently found out that there is a flying freehold issue on a house I have offered on a fortnight ago in what was supposed to be a simple, chain free conveyancing. Norwood is the location of the property. Can you shed any light on this issue?
Flying freeholds in Norwood are unusual but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Norwood you would need to get your solicitor to go through the deeds very carefully. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Norwood may determine that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold residence.
I've recently bought a leasehold house in Norwood. Am I liable to pay service charges relating to a period prior to completion of my purchase?
Where the service charge has already been demanded from the previous owner and they have not paid you would not usually be personally liable for the arrears. However, your landlord may still be able to take action to forfeit the lease. It is an essential part of leasehold conveyancing for your conveyancer to ensure to have an up to date clear service charge receipt before completion of your purchase. If you have a mortgage this is likely to be a requirement of your lender.
If you purchase part way through an accounting year you may be liable for charges not yet demanded even if they relate to a period prior to your purchase. In such circumstances your conveyancer would normally arrange for the seller to set aside some money to cover their part of the period (usually called a service charge retention).
I purchased a leasehold flat in Norwood, conveyancing was carried out 3 years ago. Can you shed any light on how much the price could be for a 90 year extension to my lease? Similar properties in Norwood with a long lease are worth £265,000. The ground rent is £50 invoiced annually. The lease terminates on 21st October 2093
With just 75 years unexpired the likely cost is going to span between £8,600 and £9,800 plus plus your own and the landlord's "reasonable" professional fees.
The suggested premium range above a general guide to costs for extending a lease, but we are not able to provide a more accurate figure in the absence of detailed due diligence. You should not use the figures in a Notice of Claim or as an informal offer. There may be additional issues that need to be considered and you obviously want to be as accurate as possible in your negotiations. Please do not take any other action based on this information without first seeking the advice of a professional.