My bank has suggested a law firm on their panel based in Purley but I would rather instruct a conveyancing lawyer in Purley or nearer to where I live. Can you help?
The minority of Purley conveyancing solicitors are on all lender’s conveyancing panel. Use the above search tool to find a Purley conveyancing firm on the on the bank panel.
We are downsizing from our property in Purley and the buyers lawyers are claiming that there is a risk of it being built on contaminated land. Any high street Purley conveyancer would know this is not the case. It does beg the question why the purchasers used a nationwide conveyancing practice as opposed to a conveyancing solicitor in Purley. Having lived in Purley for 4 years we know of no issue. Do we get in touch with our local Authority to seek clarification that there is no issue.
It sounds as though you may have a conveyancing firm already. What do they say? You need to enquire of your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out health insurance to cover that same sickness)
About to purchase a new build flat in Purley. Conveyancing is a frightening process at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build legal work.
Set out below are examples of a selection of leasehold new build questions that you can expect your new-build leasehold conveyancing in Purley
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Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier? There must be mutual enforceability of lessee’s covenants. Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose? Please supply evidence that the form of Lease proposed has been approved by the Land Registry.
I decided to have a survey done on a property in Purley prior to instructing conveyancers. I have been told that there is a flying freehold element to the house. The surveyor advised that some banks may refuse to grant a loan on a flying freehold premises.
It varies from the lender to lender. Lloyds has different instructions for example to Halifax. If you e-mail us we can investigate further via the appropriate mortgage company. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Purley. Conveyancing will be smoother if you use a solicitor in Purley especially if they are accustomed to such properties in Purley.
Can you provide any advice for leasehold conveyancing in Purley from the point of view of saving time on the sale process?
- Much of the delay in leasehold conveyancing in Purley can be reduced where you instruct lawyers as soon as you market your property and request that they start to collate the leasehold information which will be required by the buyers’ solicitors. If there is a history of conflict with your freeholder or managing agents it is essential that these are settled prior to the flat being marketed. The purchasers and their solicitors will be reluctant to purchase a property where there is an ongoing dispute. You may need to swallow your pride and discharge any arrears of service charge or resolve the dispute prior to the buyers completing the purchase. It is therefore preferable to have any dispute settled ahead of the contract papers being issued to the buyers’ solicitors. You are still duty bound to disclose details of the dispute to the buyers, but it is better to reveal the dispute as over as opposed to unresolved. If you have the benefit of shareholding in the freehold, you should ensure that you hold the original share certificate. Obtaining a replacement share certificate is often a lengthy process and delays many a Purley conveyancing deal. Where a new share is required, you should approach the company director and secretary or managing agents (if relevant) for this as soon as possible. The majority of freeholders or Management Companies in Purley charge for providing management packs for a leasehold premises. You or your lawyers should enquire as to the actual amount of the charges. The management pack sought as soon as you have a buyer, thus accelerating the process. The average time it takes to obtain the necessary information is three weeks. It is the most common reason for delay in leasehold conveyancing in Purley. A minority of Purley leases require Landlord’s consent to the sale and approval of the buyers. If this is the case, it would be prudent to notify your estate agents to make sure that the purchasers put in hand financial (bank) and professional references. The bank reference should make it clear that the buyer is able to meet the yearly service charge and the actual amount of the service charge should be quoted in the bank’s letter. You will therefore need to provide your estate agents with the actual amount of the service charge so that they can pass this information on to the purchasers or their solicitors.
Having spent years of negotiations we are unable to agree with our landlord on how much the lease extension should cost for our flat in Purley. Does the Leasehold Valuation Tribunal have jurisdiction to calculate the appropriate figures?
Absolutely. We are happy to put you in touch with a Purley conveyancing firm who can help.
An example of a Freehold Enfranchisement case for a Purley flat is The Woodlands 95 Purley Park Road in April 2009. The Tribunals own valuation produced the figure of £37,912. This case affected 6 flats. The unexpired residue of the current lease was 78.32 years.