Much to our surprise we have been told by our mortgage broker that my Weybridge property lawyer is not on the mortgage company Solicitor panel. How can I be sure if this is correct?
The best course of action for you to take is to call your Weybridge lawyer directly. You lawyer should advise you of the situation. If they are not on the panel they may be able to suggest a Weybridge conveyancing practice that is on the conveyancing panel for your lender.
I have been told that property searches are the number one reason for delay in Weybridge conveyancing transactions. Is there any truth in this?
The Council of Property Search Organisations (CoPSO) has noted the findings of research by MoveWithUs that conveyancing searches do not feature within the top 10 causes of hindrances in the conveyancing process. Searches are unlikely to feature in any slowing down conveyancing in Weybridge.
Hoping to buy a property located in Weybridge and I am already nervous. I couldn't find anything specific about Weybridge. Conveyancing will be needed in due course but do you know about the Weybridge area? or perhaps some other tips you can share?
Rather than looking online forget looking online you should go and have a look at Weybridge. In the meantime here are some basic statistics that we found
We're FTB’s - agreed a price, yet the agent told us that the owners will only issue a contract if we appoint their preferred conveyancers as they want an ‘expedited deal’. Our preferred option is to instruct a local conveyancer accustomed to conveyancing in Weybridge
We suspect that the owner is unaware of this requirement. Should the owner desire ‘a quick sale', turning down a genuine purchaser is is going to put the whole deal at risk. Speak to the owners direct and explain that (a)you are motivated purchasers (b)you are excited to move forward, with finances in place © you have nothing to sell (d) you intend to proceed fast (e)but you intend to instruct your own,trusted Weybridge conveyancing lawyers - rather thanthe ones that will earn their estate agent a commission or achieve conveyancing thresholds demanded by head office.
I've recently bought a leasehold house in Weybridge. Do I have any liability for service charges for periods before my ownership?
In a situation where the service charge has already been demanded from the previous owner and they have not paid you would not usually be personally liable for the arrears. Strange as it may seem, your landlord may still be able to take action to forfeit the lease. A critical element of leasehold conveyancing for your conveyancer to ensure to have an up to date clear service charge receipt before completion of your purchase. If you have a mortgage this is likely to be a requirement of your lender.
If you purchase part way through an accounting year you may be liable for charges not yet demanded even if they relate to a period prior to your purchase. In such circumstances your conveyancer would normally arrange for the seller to set aside some money to cover their part of the period (usually called a service charge retention).
I am the leaseholder of a basement flat in Weybridge. Given that I can not reach agreement with the landlord, can the Leasehold valuation Tribunal determine the amount due for a lease extension?
Most certainly. We can put you in touch with a Weybridge conveyancing firm who can help.
An example of a Lease Extension case for a Weybridge flat is 147 Redford Close in June 2012. The Tribunal determined the lease extension premium to be at £4,200 This case was in relation to 1 flat. The number of years remaining on the existing lease(s) was 82.93 years.