I have given 8 weeks notice to my current landlord and must leave my let out flat in Wandsworth by 3/10/2025. Conveyancing for my house purchase is underway. Can I complete in 4 weeks as I wish to avoid having to move into temporary accommodation?
It is unwise to serve notice on a rental until your lawyer suggests that you should. If you have not already done so, update to your conveyancer and request that they cajole the sellers side, try to an acceptable time-line that all parties will aim to achieve
Will our conveyancer be raising questions regarding flooding during the conveyancing in Wandsworth.
The risk of flooding is if increasing concern for lawyers dealing with homes in Wandsworth. There are those who acquire a house in Wandsworth, fully expectant that at some time, it may suffer from flooding. However, leaving to one side the physical damage, if a house is at risk of flooding, it may be difficult to get a mortgage, adequate building insurance, or sell the premises. There are steps that can be taken during the course of a property purchase to forewarn the purchaser.
Solicitors are not qualified to give advice on flood risk, however there are a number of searches that can be initiated by the purchaser or on a buyer’s behalf which can give them a better appreciation of the risks in Wandsworth. The standard completed inquiry forms supplied to a purchaser’s conveyancer (where the Conveyancing Protocol is adopted) contains a standard question of the owner to find out if the premises has historically flooded. In the event that the property has been flooded in past which is not disclosed by the vendor, then a buyer could issue a claim for damages as a result of such an incorrect reply. The buyer’s lawyers may also carry out an enviro report. This will higlight if there is a recorded flood risk. If so, further investigations should be conducted.
Just had an offer accepted on a new build apartment in Wandsworth. Conveyancing is daunting at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build conveyancing.
Here are examples of a selection of leasehold new build enquiries that you can expect your new-build leasehold conveyancing in Wandsworth
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The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme. Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents. Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose? The Vendor must covenant to keep unsold units in good repair until long leases are granted therefore. Where service of notices and proceedings can be at the property demised please confirm that this can be amended to include simultaneous services at the Lessees’ solicitors’ offices where the Lessee from time to time is not resident in the UK - such solicitors may be varied by notice in writing to the Landlord from time to time but otherwise will be as previously specified.
Due to the input of my in-laws I had a survey completed on a house in Wandsworth in advance of instructing solicitors. I have been advised that there is a flying freehold aspect to the property. My surveyor advised that some mortgage companies tend refuse to issue a loan on this type of house.
It varies from the lender to lender. Santander has different requirements from Nationwide. Should you wish to call us we can investigate further via the relevant mortgage company. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Wandsworth. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Wandsworth to see if the conveyancing will be more expensive.
Two months into a sale of a flat in Wandsworth. Conveyancing is fine but we are being charged an extortionate amount from the freeholder. To date we have issued a cheque for £275 for a leasehold management pack and then another £118 for additional queries supplied by the purchaser's solicitor.
You will not have any say over the extent of the charges for this information but the typical costs for the information for Wandsworth leasehold premises is £355. When it comes to Wandsworth conveyancing deals it is usual for the seller to pay for these charges. The freeholder or their agents are not duty bound to address these questions although many will agree to do so - albeit often at high prices out of proportion to the work involved. Unfortunately there is no law that mandates capped fees for administrative tasks. There is no legal time frame by which they are obliged to issue answers.