I am told that my conveyancing solicitors will need to check that the building insurance when buying a house in Plumstead. My lender is Platform
Platform have specific requirements as set out in the UK Finance Lenders’ Handbook. As of 5/12/2018, the requirements read as follows :
I'm remortgaging my current home to a BTL loan with Chelsea Building Society and I will use the ballance of the raised equity towards a second property. The area we are talking about is Plumstead. Will your lawyers be able to act for both sets of lenders and tie in the transactions?
Make use of our comparison tool on this page to be sure that the solicitors are approved by both lenders. On the basis that they are your lawyer should be able to simultaneously deal with the two transactions but you should have a chat with you lawyer and make apparent your expectations and needs.
As co-executor for the will of my aunt I am selling a property in Cardiff but reside in Plumstead. My solicitor (based 250 kilometers awayrequires that I sign a stat dec before the transaction finalising. Can you recommend a conveyancing lawyer in Plumstead to attest this legal document for me?
Technically speaking you should not be required to have the documents witnessed by a conveyancing solicitor. Normally or notary public or qualified solicitor will suffice regardless of whether they are based in Plumstead
Last June I purchased a leasehold house in Plumstead. Do I have any liability for service charges for periods before 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. Strange as it may seem, your landlord may still be able to take action to forfeit the lease. A critical element of leasehold conveyancing for your conveyancer to be sure 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 have had difficulty in negotiating a lease extension in Plumstead. Can this matter be resolved via the Leasehold Valuation Tribunal?
Absolutely. We are happy to put you in touch with a Plumstead conveyancing firm who can help.
An example of a Lease Extension case for a Plumstead residence is 103a Footscray Road in January 2014. The tribunal determines that the premium payable for the extended lease should be £34,500 according to the expert witness valuation calculation This case related to 1 flat.
I acquired a flat in Plumstead last 7/9/2017 and to date it is still not recorded with HM Land Registry. It is part of a new estate and my lawyer told me that it can take over a year to complete the registration formalities. I have contacted HM Land Registry directly and they have informed me the initial application was cancelled due to failure to reply to requisitions. What can I do?
It is your solicitor that you really need to turn to here in order to satisfy any issues which have arisen as part of the registration formalities for your Plumstead property. Normal Plumstead conveyancing practice includes an undertaking on the part of the seller's solicitor that they will assist in resolving any question raised by HMLR so it may be a case of taking action to enforce that undertaking if necessary.