I have given 8 weeks notice to my current landlord and have to leave my rented flat in South West London by the end of next month. Conveyancing on my purchase is progressing. Is it possible to complete in six weeks as don't want to have to move into temporary accommodation?
Generally one should not provide notice for your lease unless your lawyer suggests that you should. If you have not previously done so, notify to your lawyer and ask them to they chase the sellers solicitors, try to get a realistic time scale from them that all parties will work towards
Just acquired a detached house in South West London , how long should it take for the Land Registry to record the transfer to my name? My South West London conveyancing solicitor works at snail pace, so I want to be sure the registration formalities are dealt with.
There is nothing unique when it comes to conveyancing in South West London registration formalities. As opposed to being determined by geographic area, timeframes can adjust depending on the party submitting the application, whether it is in order and whether the Land registry need to notify any other persons or bodies. As of today in the region of three quarters of such applications are completed within 12 days but occasionally there can be extensive hold-ups. Historically registration takes place after the buyer is living at the property so 'speed' is not typically an essential issue yet where it is urgent that the the registration takes place urgently then you or your lawyers could communicate with the Registry to express the reasoning for an expedited registration.
How does conveyancing in South West London differ for newly converted properties?
Most buyers of new build property in South West London come to us having been asked by the housebuilder to sign contracts and commit to the purchase even before the house is finished. This is because new home sellers in South West London tend to acquire the land, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancing solicitors as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are used to new build conveyancing in South West London or who has acted in the same development.
I am using a search engine for the phrase cheap conveyancing in South West London it brings up numerous property lawyersin the vicinity. With so much choice what is the best way to find the right conveyancer for me?
The preferential way of choosing a suitable conveyancer is via personal referral, so enquire of friends and family who have purchased a property in South West London or the local estate agent or financial adviser. Charges for conveyancing in South West London vary, so it's advisable to obtain a minimum of three costs illustrations from varying types of conveyancers. Dont forget to clarify what costs in the quote includes.
I am in need of some leasehold conveyancing in South West London. Before diving in I require certainty as to the number of years remaining on the lease.
Assuming the lease is registered - and most are in South West London - then the leasehold title will always include the short particulars of the lease, namely the date; the term; and the original parties. From a conveyancing perspective such details then enable any prospective buyer and lender to confirm that any lease they are looking at is the one relevant to that title. For any other purpose, such as confirming how long the term was granted for and calculating what is left, then the register should be sufficient on it's own.
After months of correspondence we cannot agree with our landlord on how much the lease extension should cost for our flat in South West London. Does the Leasehold Valuation Tribunal have jurisdiction to calculate the appropriate figures?
if there is a missing landlord or if there is dispute about the premium for a lease extension, under the relevant statutes it is possible to make an application to the Leasehold Valuation Tribunal to decide the premium.
An example of a Freehold Enfranchisement case for a South West London property is 78 & 80 Newport Road in January 2013. the Tribunal concluded that the premium to be paid by the leaseholder in respect of the freehold reversion is £23,105 This case affected 2 flats. The unexpired lease term was 71.63 years.