AssumingI were to purchase a simple residential propertyin Upper Tooting mortgage fee and have no survey and no local authority searches how much should I expect to have to pay for conveyancing in Upper Tooting?

The only reduction in fees you would achieve is the disbursement for searches. A conveyancing practitioner is obliged to do the vast majority of work - money laundering, communicating with your sellers property lawyer, stamp duty submission, register the ownership etc. A marginal saving might be made by not needing to register a charge but it will not be a lot.

I am planning to move property in October. Will my conveyancing solicitor update the removal company on the completion day. As an aside, can you recommend a removal company in Upper Tooting. Conveyancing firm was found before I stumbled across your page.

On the day of completion you can collect the keys from the estate agent however this should only be done once the sellers lawyers confirm to the agent that they acknowledge receipt of the completion payment and the keys can be passed over. You will need to tell the removal men that they can start moving you in. We are not in a position to recommend a particular removal company but can help you locate a conveyancing in Upper Tooting or a solicitor that specialises in conveyancing in Upper Tooting.

We are buying a 4 bedroom semi-detached house in Upper Tooting. The intention is to carry out an extension to the side at the property.Will legal investigations on the property include enquiries to ascertain if these works are prohibited?

Your solicitor should check the deeds as conveyancing in Upper Tooting can occasionally reveal restrictions in the title deeds which prevent certain changes or need the permission of another owner. Some works call for local authority planning permissions and approval in accordance building regulations. Certain areas are designated conservation areas and special planning restrictions apply which frequently prevent or affect extensions. You should check these issues with a surveyor ahead of any purchase.

It is unclear whether my mortgage offer requires a lease extension. I have called into my local Upper Tooting bank branch on numerous occasions and was told they are content with the situation and they will lend. My Upper Tooting conveyancing solicitor - who is on the bank conveyancing panel- telephoned to say that they refuse to lend in accordance with their specific requirements. I have no idea who is right.

Provided that the conveyancing practitioner is on the mortgage company panel, she or he must follow the CML Handbook requirements for the bank. Unless your lawyer obtains specific confirmation in writing that the mortgage company will go ahead, your lawyer has no choice but to refrain from exchanging contract and committing you to the purchase. We would suggest that you ask the lender to contact your lawyer in writing confirming that they will accept the number of years remaining.

Just bought a terraced house in Upper Tooting , What is the estimated time for the Land Registry to register the transfer to my name? My Upper Tooting conveyancing solicitor has been very slow, so I want to be sure the land registry aspects are addressed.

There is nothing unique about conveyancing in Upper Tooting registration formalities. Rather than based on location, timescales can vary subject to the party submitting the application, whether there are errors and if the Land registry have to notify any other persons or bodies. Currently in the region of three quarters of submission are fully dealt with in less than three weeks but some can be subject to extensive hold-ups. Registration is effected after the new owner has moved in to the property thus 'speed' is not usually top priority yet if it is urgent that the the registration takes place urgently then you or your solicitor should contact the land registry and explain the circumstances.

I am a negotiator for a reputable estate agency in Upper Tooting where we have witnessed a number of leasehold sales put at risk due to leases having less than 80 years remaining. I have been given inconsistent advice from local Upper Tooting conveyancing solicitors. Please can you shed some light as to whether the vendor of a flat can start the lease extension process for the buyer?

Provided that the seller has been the owner for at least 2 years it is possible, to serve a Section 42 notice to kick-start the lease extension process and assign the benefit of the notice to the purchaser. This means that the buyer can avoid having to sit tight for 2 years to extend their lease. Both sets of lawyers will agree to form of assignment. The assignment has to be done before, or simultaneously with completion of the disposal of the property.

Alternatively, it may be possible to agree the lease extension with the freeholder either before or after the sale. If you are informally negotiating there are no rules and so you cannot insist on the landlord agreeing to grant an extension or transferring the benefit of an agreement to the purchaser.

I inherited a basement flat in Upper Tooting, conveyancing having been completed 5 years ago. Can you please calculate a probable premium for a statutory lease extension? Equivalent flats in Upper Tooting with a long lease are worth £222,000. The ground rent is £50 charged once a year. The lease ceases on 21st October 2095

With only 70 years left to run we estimate the premium for your lease extension to be between £9,500 and £11,000 plus plus your own and the landlord's "reasonable" professional fees.

The figure above a general guide to costs for renewing a lease, but we cannot give you a more accurate figure without more comprehensive investigations. You should not use this information in a Notice of Claim or as an informal offer. There are no doubt additional concerns that need to be considered and you obviously want to be as accurate as possible in your negotiations. Neither should you move forward placing reliance on this information before getting professional advice.

Me and my husband are selling a Upper Tooting flat we inherited some years ago in 2010. I have over 12 years conveyancing know-how and, although retired, wish to carry out the conveyancing. The purchaser's solicitor has informed me that their mortgage company will not allow you to do your own conveyancing mandating that the funds to be passed via a solicitor's bank account.

Mortgage instructions to solicitors from all CML members specify that If the seller does not have legal representation the purchaser’s lawyers should check whether the bank needs to be informed so that a decision can be made as to whether or not they are willing to progress.