Should conveyancers ask for money up-front for my conveyancing in Raynes Park?

If you are buying a property in Raynes Park your lawyer will request that you to provide them with funds to cover the search fees. Generally this is needed to cover the fees of the conveyancing searches. If any deposit is as part of the sale price then this should be needed shortly in advance of exchange of contracts. The final balance that is due should be sent to your lawyer shortly before completion.

I have been told that property searches are the number one reason for obstruction in Raynes Park house deals. Is this right?

The Council of Property Search Organisations (CoPSO) has noted the determinations of research by MoveWithUs that conveyancing searches do not figure amongst the top 10 causes of hindrances during the legal transfer of property. Local searches are not likely to be the root cause of delay in conveyancing in Raynes Park.

I used Action Conveyancing several years past for my conveyancing in Raynes Park. I now require my papers but the law firm has closed. What do I do?

Do call the Solicitors Regulatory Authority (SRA) to help locate your conveyancing files. They can be contacted on please contact on 0870 606 2555. Alternatively, you should use their online form to make an enquiry. You will need to provide the SRA with as much information as possible to assist their search, including the name and address in Raynes Park of the conveyancing firm of solicitors you previously hired, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.

Yesterday I discovered that there is a flying freehold issue on a house I have offered on last month in what should have been a quick, no chain conveyancing. Raynes Park is the location of the property. Is there any advice you can impart?

Flying freeholds in Raynes Park are rare but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Raynes Park 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 Raynes Park 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.

Do you have any advice for leasehold conveyancing in Raynes Park from the perspective of speeding up the sale process?

• A significant proportion of the frustration in leasehold conveyancing in Raynes Park can be bypassed where you get in touch lawyers as soon as your agents start advertising the property and ask them to put together the leasehold information which will be required by the buyers’ conveyancers.
The majority of freeholders or managing agents in Raynes Park levy fees for providing management packs for a leasehold premises. You or your lawyers should discover the actual amount of the charges. The management information can be applied for as soon as you have a buyer, thus reducing delays. The typical amount of time it takes to obtain the necessary information is three weeks. It is the most frequent cause of frustration in leasehold conveyancing in Raynes Park. In the event that you altered the property did you need the Landlord’s consent? In particular have you installed wooden flooring? Most leases in Raynes Park state that internal structural alterations or laying down wooden flooring calls for a licence issued by the Landlord approving such changes. If you fail to have the approvals to hand you should not contact the landlord without contacting your lawyer in the first instance. If there is a history of any disputes with your landlord or managing agents it is essential that these are settled before the property is put on the market. The buyers and their solicitors will be concerned about purchasing a flat where there is an ongoing dispute. You may need to swallow your pride and pay any arrears of service charge or resolve the dispute prior to completion of the sale. It is therefore preferable to have any dispute settled ahead of the contract papers being issued to the buyers’ solicitors. You will still have to reveal particulars of the dispute to the buyers, but it is clearly preferable to present the dispute as historic as opposed to unsettled.

Notwithstanding our best endeavours, we have been unsuccessful in seeking a lease extension in Raynes Park. Can this matter be resolved via the Leasehold Valuation Tribunal?

Absolutely. We are happy to put you in touch with a Raynes Park conveyancing firm who can help.

An example of a Lease Extension matter before the tribunal for a Raynes Park residence is 33 The Maisonettes Alberta Avenue in June 2014. the Tribunal decided that the premium payable for the grant of a new lease be the sum of £20,680 (Twenty Thousand six hundred and eighty pounds). This case was in relation to 1 flat. The remaining number of years on the lease was 60.43 years.