At what point does exchange of contracts take place for purchase conveyancing in West Wickham and do I need to attend the conveyancers office?

If you are round the corner to one of the conveyancing solicitors in West Wickham you are welcome to attend to sign documents. That being said, the lender approved solicitors we work with offer a countrywide conveyancing service and provide as equally diligent and professional a job for you when communicating with you electronically. The executing of the sale agreement is not the important part. Signing on the dotted line simply enables the solicitor to exchange contracts when the time is right, which is ordinarily shortly after signing. The exchange process is nowadays normally dealt with by telephone and can be very rapid, although where an extended "chain" is in play, since the process requires the relevant party's solicitor (not necessarily a conveyancing solicitor in West Wickham)to be in the office at the appropriate time.

How does conveyancing in West Wickham differ for new build properties?

Most buyers of new build or newly converted property in West Wickham contact us having been asked by the builder to exchange contracts and commit to the purchase even before the property is finished. This is because house builders in West Wickham tend to acquire 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 West Wickham or who has acted in the same development.

I'm remortgaging my current home to a buy to let loan with Platform Home Loans Ltd and I will use the ballance of the raised equity as a down payment on further property. The neighborhood we are interested in is West Wickham. Will your conveyancers be able to act for both sets of mortgage companies and link together the conveyances?

Make use of our search tool on this page to check that the solicitors are approved by both lenders. Assuming that they are the conveyancer should be able to tie up the two transactions but you should talk with you solicitor and specify your expectations and needs.

I wish to rent out my leasehold flat in West Wickham. Conveyancing solicitor who did the purchase is retired - so can't ask her. Do I need to ask my freeholder for permission?

A small minority of properties in West Wickham do contain a provision to say that subletting is only permitted with prior consent from the landlord. The landlord cannot unreasonably withhold but, in such cases, they would need to review references. Experience suggests that problems are usually caused by unsatisfactory tenants rather than owner-occupiers and for that reason you can expect the freeholder to take up the references and consider them carefully before granting permission.

I have tried to negotiate informally with with my landlord to extend my lease without getting anywhere. Can a leaseholder make an application to the Leasehold Valuation Tribunal? Can you recommend a West Wickham conveyancing firm to help?

Most definitely. We can put you in touch with a West Wickham conveyancing firm who can help.

An example of a Freehold Enfranchisement decision for a West Wickham property is 26 Manor Road in July 2010. the Tribunal decided that price to be paid for the freehold was £12,420 This case related to 2 flats. The unexpired term as at the valuation date was 76.75 and 88.83.

Midway through the sale of a leasehold flat in West Wickham. Conveyancing lawyers are doing their job but we are being charged a fortune by the freeholder. To date we have forked out £250 for a leasehold management pack and then a further £117.20 for answers to queries supplied by the purchaser's property lawyer.

Your solicitor will not have any impact over the level of the fee for this information but the average costs for the information for West Wickham leasehold property is £360. For West Wickham conveyancing transactions it is standard for the owner to pay for these charges. The landlord or their agents are not duty bound to address such questions most will be content to do so - albeit often at exorbitant prices where the fees bear little relation to the work involved. Unfortunately there is no statute that requires fixed fees for administrative tasks. There is no statutory time limit by which they are duty bound to supply the information.