I am assisting my mother sell her property in West Croydon. Does the solicitor arrange an energy performance certificate or it is for me to see to?

Following the demise of HIPs, energy assessments became a required element of selling a house. An energy performance certificate must be to hand before the property is marketed. It is not as aspect of the sale process that solicitors normally arrange. If you are using a West Croydon conveyancing lawyer they might help arrange energy performance certificates due to their relationships with long established West Croydon assessors

My wife and I are at the point of viewing apartments in West Croydon and I am now considering a potential offer. Should I already have a appointed at this stage? I intend to finance via a mortgage with .

It would be prudent to start your search sooner rather than later. Once you decide who you want to use and once your offer is accepted you can instruct them to work for you and forward their contact information on to the selling agent. Given that you are getting a mortgage with , make sure you remember to check that your lawyer is on the conveyancing panel.

I was told four weeks ago that my mortgage has been agreed to by . Is it usual for to only issue the offer once my solicitor in West Croydon is approved on their conveyancing panel? have asked my solicitor to see a copy of their PI Insurance.

A lender would not issue a mortgage until they have details of a lawyer on their panel. It can take a few weeks for to deal with your lawyer's application to be on the conveyancing panel. There's no guarantee that your solicitor will be accepted.

I am buying a new build apartment in West Croydon. Conveyancing is a frightening process 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 legal work.

Set out below is a sample of a selection of leasehold new build enquiries that you may expect your new-build leasehold conveyancing in West Croydon

Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? Where there is an Undertaking being granted there is the risk of forfeiture of the Headlease subject to relief if one or more of the Underlessees are willing to accept the original Head Lessee’s obligations as otherwise relief will be denied to the Underlessees. The only alternatives are the Head Lessor agreeing not to forfeit the Headlease or the Head Lessee guaranteeing to the Underlessees that it will not be in breach of the Headlease. Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose? Please provide evidence that the form of Lease proposed has been approved by the Land Registry. There must be mutual enforceability of lessee’s covenants.

I opted to have a survey done on a property in West Croydon ahead of instructing solicitors. I have been told that there is a flying freehold overhang to the house. Our surveyor has said that some banks tend refuse to issue a mortgage on a flying freehold property.

It varies from the lender to lender. Lloyds has different requirements for example to Halifax. Should you wish to call us we can check with the appropriate mortgage company. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in West Croydon. Conveyancing will be smoother if you use a solicitor in West Croydon especially if they are acquainted with such properties in West Croydon.

I am looking at a couple of flats in West Croydon which have in the region of forty five years remaining on the lease term. Do I need to be concerned?

There are plenty of short leases in West Croydon. The lease is a right to use the premises for a period of time. As a lease gets shorter the marketability of the lease decreases and results in it becoming more costly to acquire a lease extension. This is why it is generally wise to extend the lease term. It is often difficulties arise selling premises with a short lease as mortgage lenders may be reluctant to lend money on properties of this type. Lease extension can be a protracted process. We recommend you seek professional help from a conveyancer and surveyor with experience in this field.

Leasehold Conveyancing in West Croydon - Examples of Queries Prior to buying

How much is the ground rent and service charge? Best to be warned if fixing the lift or some other significant cost is anticipated that will be shared amongst the tenants and may well dramatically increase the the maintenance charges or result in a specific invoice. The prefered form of lease structure is if the freehold title is in the ownership of the leaseholders. In this arrangement the tenants benefit from control and notwithstanding that a managing agent is frequently employed if the building is bigger than a house conversion, the managing agent is directed by the tenants.

My lawyers in West Croydon have advised me that they can not locate my conveyancing file. To assist with my purchase I took out a mortgage with the bank. Is it case that being on the mortgage company conveyancing panel they need to have retained the file for a prescribed period?

It very much depends from lender to lender but many of the Terms and Conditions of Conveyancing Panel Appointment require the file to be held for a period of 6 years. That being said we have not seen a copy of the lender Conveyancing Panel Terms. It might be worth you contacting the mortgage company directly.