I bought my house on 14 April and my personal details is not yet registered. Should I be concerned? My conveyancing solicitor in Upminster expressed confidence that it will be registered in less than a month. Are properties in Upminster particularly slow to register?
As far as conveyancing in Upminster is concerned, registration is no faster or slower than the rest of England and Wales. As opposed to being determined by geographic area, timeframes can vary according to who lodges the application, whether there are errors and whether the Land registry communicate with any interested parties. As of today approximately 80% of such applications are completed within two weeks but some can be subject to protracted hold-ups. Historically registration is effected once the purchaser is living at the premises thus 'speed' is not always primary concern yet where it is urgent that the the registration takes place urgently then you or your lawyers must communicate with the Registry to express the reasoning for the application to be prioritised.
How does conveyancing in Upminster differ for new build properties?
Most buyers of new build premises in Upminster contact us having been asked by the developer to sign contracts and commit to the purchase even before the premises is ready to move into. This is because developers in Upminster usually purchase the site, 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 conveyancers 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 accustomed to new build conveyancing in Upminster or who has acted in the same development.
My husband and I are new on the property ladder - agreed a price, yet the property agent advised that the owners will only proceed if we use their recommended solicitors as they need a ‘quick sale’. We would rather use a high street solicitor used to conveyancing in Upminster
It is unlikely the owners are driving this. If they require ‘a quick sale', turning down a serious buyer is counter productive. Try to communicate with the sellers directly and explain that (a)you are keen to buy (b)you are ready to go, with mortgage lined up © you are chain free (d) you wish to move quickly (e)however you will continue to appoint your own,trusted Upminster conveyancing lawyers - rather thanthe ones that will provide the negotiator at the agency a introducer fee or achieve conveyancing targets demanded by HQ.
I've found a house that appears to meet my requirements, at a reasonable price which is making it more attractive. I have just been informed that it's a leasehold rather than freehold. I would have thought that there are particular concerns purchasing a leasehold house in Upminster. Conveyancing advisers have are soon to be instructed. Will my lawyers set out the risks of buying a leasehold house in Upminster ?
The majority of houses in Upminster are freehold and not leasehold. In this scenario it’s worth having a local conveyancer who is familiar with the area who can assist with the conveyancing process. It is clear that you are buying in Upminster so you should seriously consider looking for a Upminster conveyancing solicitor and be sure that they have experience in advising on leasehold houses. As a matter of priority you will need to check the unexpired lease term. Being a lessee you will not be entirely free to do whatever you want with the house. The lease will likely included provisions for example requiring the landlord’spermission to carry out alterations. You may also be required to pay a service charge towards the upkeep of the communal areas where the house is part of an estate. Your conveyancer will advise you fully on all the issues.
Following months of dialogue we are unable to agree with our landlord on how much the lease extension should cost for our flat in Upminster. Does the Leasehold Valuation Tribunal have jurisdiction to calculate the appropriate figures?
in cases where there is a absentee 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 arrive at the sum to be paid.
An example of a Lease Extension case for a Upminster flat is 37 Lodge Court High Street in November 2013. the decision of the LVT was that the premium to be paid for the new lease was £25,559 This case related to 1 flat. The number of years remaining on the existing lease(s) was 57.5 years.
I'm remortgaging a property in Upminster. I have found my conveyancer's company on the Law Society's list, but I can't locate my lawyer's name as listed on the regulator's website. Should I be concerned?
Not all staff in the company must be listed by the regulator. Provided there is someone qualified to 'oversee' the work, the actual day-to-day activity can be undertaken by unlicensed staff.