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Find a Anerley Conveyancing Solictior on Your Lender’s Panel

Ready to buy a new home in Anerley? Failing to check that a lawyer is on your lender’s list of approved solicitors can put your Anerley home move at risk of delay or failure.

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Recently asked questions about conveyancing in Anerley

Why do I have to pay up front when it comes to conveyancing in Anerley?

Where you are retaining lawyers for conveyancing in Anerley your solicitor will ask you to provide them with monies to cover the the cost of the conveyancing searches. Normally this is needed to cover the fees of the Local Authority Search. If any deposit is payable against the sale price then this should be asked for immediately ahead of exchange of contracts. Any further balance that is due should be sent to your lawyer shortly before completion.

I am about to put an offer on a leasehold property in Anerley. The estate agents assure me that it is usual for flats in Anerley to have less than 75 years unexpired on the lease. I am expecting a loan with Chelsea Building Society. Will the property be mortgageable given that the lease has 69 years unexpired.

Most leasehold conveyancing experts should be able to deal with a lease extension. if you are obtaining a mortgage then your lender may insist that the lease be extended before competition. Chelsea Building Society have specific requirements as set out in the UK Finance Lenders’ Handbook in relation to minimum unexpired lease terms. As of 28/10/2024 the requirements read as follows :

85 years from the date of completion of the mortgage. Please ensure that you explain the implications of a short term lease to the borrower.

Should commercial conveyancing searches reveal proposed roadworks that could impact a commercial site in Anerley?

Its becoming the norm that commercial conveyancing solicitors in Anerley will perform a SiteSolutions Highways report as it dramatically cuts the time that conveyancers spend in looking into accurate data on highways that impact buildings and development assets in Anerley. The report sets out definitive information on the adoption status of roads, footpaths and verges, as well as the implication of traffic schemes and the rights of way surrounding a commercial development sites in Anerley.

For each commercial conveyancing transaction in Anerley it is crucial to investigate the adoption status of roads surrounding a site. Failure to identify developments where adoption procedures have not been dealt with adequately can cause delays to Anerley commercial conveyancing transactions as well as pose a risk to future plans for the site. These searches are not conducted for residential conveyancing in Anerley.

I was advised by a number of property agents in Anerley to find a property lawyer on your site. What’s the financial inducement for Estate Agents to recommend your site over and above alternative conveyancing organisations?

We refuse to offer any financial incentive for directing people in our direction. We found it would be just too difficult to pay a commission as members of the public would think, ‘Why is the agent getting a kickback? Why aren’t I receiving any benefit too?’ We would prefer to grow our business on genuine recommendations.

I am on look out for some leasehold conveyancing in Anerley. Before I get started I would like to find out the number of years remaining on the lease.

If the lease is recorded at the land registry - and 99.9% are in Anerley - then the leasehold title will always include the short particulars of the lease, namely the date; the term; and the original parties. From a conveyancing perspective such details then enable any prospective buyer and lender to confirm that any lease they are looking at is the one relevant to that title. For any other purpose, such as confirming how long the term was granted for and calculating what is left, then the register should be sufficient on it's own.

Having spent years of correspondence we are unable to agree with our landlord on how much the lease extension should cost for our flat in Anerley. Can we issue an application to the Residential Property Tribunal Service?

in cases where there is a missing landlord or if there is disagreement about the premium for a lease extension, under the Leasehold Reform, Housing and Urban Development Act 1993 you can apply to the First-tier Tribunal (Property Chamber) to decide the sum to be paid.

An example of a Lease Extension decision for a Anerley property is Flats 55, 67 & 70 Melbourne Court Anerley Road in July 2013. The tribunal calculated that the premium for the extended lease at £48,366.00 for at 55, and £88,329.00 for ats 67 and 70 combined. This case affected 1 flat. The unexpired term as at the valuation date was 26.38 years.

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