Is there a reason why leasehold purchase conveyancing in Crystal Palace costs more?

Crystal Palace leasehold properties involve far more paperwork than a freehold purchase, and therefore takes more time to examine and advise upon.Conveyancing will involve the lease having to be checked which is usually a lengthy document, queries raised to ensure that the covenants and conditions have been observed. If it is a flat there will be a management company in existence and the accounts of this will need to be checked and enquiries raised to ensure it is operating efficiently and that all monies due have been paid by the Seller to the company and if not ensuring that money is paid up to date or the appropriate undertakings obtained.

We are intent on selling our property in Crystal Palace and the buyers lawyers are claiming that there is a possibility that the property was built on contaminated land. A high street Crystal Palace lawyer would know this is not the case. For the life of me I don't know why the purchasers used an online conveyancing outfit rather than a conveyancing solicitor in Crystal Palace. We have lived in Crystal Palace for three years we know that this is a non issue. Should we get in touch with our local Authority to get confirmation need.

It sounds as though you may have a conveyancing firm currently acting for you. What do they say? You need to 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 life insurance to cover that same sickness)

The estate agent has sent us the confirmation of our purchase of a new build flat in Crystal Palace. Conveyancing is a frightening process at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build conveyancing.

Here are examples of a few leasehold new build questions that you may expect your new-build leasehold conveyancing in Crystal Palace

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. Where service of notices and proceedings can be at the property demised please confirm that this can be amended to include simultaneous services at the Lessees’ solicitors’ offices where the Lessee from time to time is not resident in the UK - such solicitors may be varied by notice in writing to the Landlord from time to time but otherwise will be as previously specified. Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose? Please supply a car parking plan.

Should I be wary about estate agents that I am dealing with are encouraging me to use an internet conveyancing firm rather than a High Street Crystal Palace conveyancing company?

As with lots of service providers, often referrals from family and friends can be worth their weight in gold. Nevertheless there are numerous players in a conveyancing transaction; estate agents, mortgage brokers and banks might all recommend conveyancers to use. Sometimes the conveyancers might be known to one of the organisations as one of the best in their field, but sometimes there is an underlying financial incentive behind the recommendation. You have the discretion to appoint your preferred lawyer. However, bear in mind that most lenders specify a panel list of lawyers you are obliged to use for the mortgage related work in your home move.

My wife and I purchased a leasehold flat in Crystal Palace. Conveyancing and Aldermore mortgage organised. I have received a letter from someone claiming to own the freehold. Attached was a demand for arrears of ground rent dating back to 1997. The conveyancing solicitor in Crystal Palace who acted for me is not around. Do I pay?

The first thing you should do is make enquiries of the Land Registry to be sure that this person is in fact the new freeholder. There is no need to incur the fees of a Crystal Palace conveyancing firm to do this as it can be done on-line for a few pound. You should note that regardless, even if this is the rightful freeholder, under the Limitation Act 1980 the limitation period for recovery of ground rent is six years.

I have tried to negotiate informally with with my landlord for a lease extension without success. Can the Leasehold Valuation Tribunal decide on such matters? Can you recommend a Crystal Palace conveyancing firm to act on my behalf?

Where there is a missing freeholder or where there is dispute about the premium for a lease extension, under the relevant legislation you can apply to the LVT to make a decision on the amount due.

An example of a Lease Extension matter before the tribunal for a Crystal Palace residence is Flat 1 4 Border Crescent in March 2012. the Tribunal decided that the sum payable by the Applicants to the Respondent in respect of the new lease for the subject property should be £11,616.00 (ElevenThousand and Six Hundred and Sixteen Pounds) This case affected 1 flat. The number of years remaining on the existing lease(s) was 72.04 years.