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Recently asked questions about conveyancing in Cheam

Having sold my house in Cheam last March yet the purchaser is texting me to moan that his lawyer is waiting to hear from mysolicitor. What should have happened following completion?

After completion of your sale your solicitor should send the transfer deeds and all additional paperwork to the purchaser's conveyancer. Depending on the transaction, your conveyancer must also send confirmation that the home loan has been repaid to the buyers lawyers. There are no post completion tasks unique to conveyancing in Cheam.

I am planning on selling our house in Cheam and according to the buyers it appears that there is a possibility that the property was constructed land that was not decontaminated. Any local lawyer would know this is not the case. For the life of me I don't know why the purchasers used a web based conveyancing practice as opposed to a conveyancing solicitor in Cheam. Having lived in Cheam for 4 years we know of no issue. Do we get in touch with our local Authority to seek confirmation that the buyers are looking for.

It sounds as though you may have a conveyancing firm already. What do they say? You should enquire of your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out health insurance to cover that same ailment)

Are there restrictive covenants that are commonly picked up during conveyancing in Cheam?

Restrictive covenants can be picked up when reviewing land registry title as part of the legal transfer of property in Cheam. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’

Due to the encouragement of my in-laws I had a survey completed on a house in Cheam before instructing conveyancers. I have been informed that there is a flying freehold overhang to the property. Our surveyor has said that some banks may not give a mortgage on this type of property.

It varies from the lender to lender. Bank of Scotland has different instructions for example to Halifax. Should you wish to telephone us we can check with the appropriate mortgage company. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Cheam. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Cheam to see if the conveyancing costs will increase in light of this.

My wife and I purchased a leasehold house in Cheam. Conveyancing and Birmingham Midshires mortgage went though with no issue. I have received a letter from someone claiming to own the reversionary interest in the property. It included a demand for arrears of ground rent dating back to 1991. The conveyancing practitioner in Cheam who acted for me is not around. Do I pay?

First contact HMLR to make sure that this person is in fact the new freeholder. There is no need to instruct a Cheam conveyancing practitioner to do this as it can be done on-line for a few pound. Rest assured that in any event, even if this is the rightful freeholder, under the Limitation Act 1980 the limitation period for recovery of ground rent is six years.

I am the leaseholder of a ground floor flat in Cheam. In the absence of agreement between myself and the freeholder, can the Leasehold valuation Tribunal determine the amount payable for a lease extension?

You certainly can. We can put you in touch with a Cheam conveyancing firm who can help.

An example of a Lease Extension decision for a Cheam residence is 33 The Maisonettes Alberta Avenue in June 2014. the Tribunal decided that the premium payable for the grant of a new lease be the sum of £20,680 (Twenty Thousand six hundred and eighty pounds). This case affected 1 flat. The remaining number of years on the lease was 60.43 years.

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Cheam
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Belmont
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Find out more about how flying freehold can affect your the value of a property.