I have recentlydiscovered that Arc property Solicitors have closed. They conducted my conveyancing in Petts Wood for a purchase of a leasehold flat 10 months ago. How can I establish that my home is registered correctly in the name of the former proprietor?
The quickest method to see if the premises is registered to you, you can carry out a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Petts Wood conveyancing specialists.
Due to the input of my in-laws I had a survey completed on a property in Petts Wood prior to retaining solicitors. I have been informed that there is a flying freehold aspect to the property. Our surveyor has said that some mortgage companies will not issue a loan on a flying freehold home.
It depends who your proposed lender is. HSBC has different instructions from Halifax. Should you wish to call us we can look into this further via the relevant lender. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Petts Wood. Conveyancing may be slightly more expensive based on your lender's requirements.
In surfing the world wide web for the term cheap conveyancing in Petts Wood it shows results of many property lawyerslocally. How do I determine which is the right property lawyer for the sale of my house?
The preferential way of finding the right conveyancer is through a personal testimonial, so enquire of friends and relatives who have purchased a property in Petts Wood or a reputable estate agent or mortgage broker. Fees for conveyancing in Petts Wood differ, so it's advisable to obtain a minimum of three estimates from varying types of solicitors. Be sure to secure confirmation what costs in the quote includes.
Estate agents have just been given the go-ahead to market my 2 bed flat in Petts Wood. Conveyancing is yet to be initiated, however I have just received a quarterly maintenance charge invoice – should I leave it to the buyer to sort out?
The sensible thing to do is pay the service charge as normal given that all rents and service charges will be apportioned on completion, so you should recover the relevant percentage by the purchaser for the period running from after the completion date to the subsequent invoice date. Most managing agents will not acknowledge the buyer until the service charges have been paid and are up to date, so it is important for both buyer and seller for the seller to show that they are up to date. This will smooth the conveyancing process.
After months of negotiations we simply can't agree with our landlord on how much the lease extension should cost for our flat in Petts Wood. Does the Leasehold Valuation Tribunal have jurisdiction to calculate the appropriate figures?
Most certainly. We are happy to put you in touch with a Petts Wood conveyancing firm who can help.
An example of a Lease Extension matter before the tribunal for a Petts Wood residence is 1 Southlands Court Southlands Road in September 2013. The Leasehold Valuation Tribunal determined that the premium to be paid by the tenant on the grant of a new lease, in accordance with section 56 and Schedule 13 of the Leasehold Reform, Housing and Urban Development Act 1993 was £30,541 This case affected 1 flat. The unexpired term was 50.57 years.
Do I need to have a meeting at the offices of the lender conveyancing panel solicitor to execute the legal charge? If so, I will appoint a lawyer who conducts conveyancing in Petts Wood as it will be easier to pop in to their offices if necessary.
Whereas this was necessary ten years ago, most lenders no longer require their conveyancing panel solicitor to witness the borrowers signature. You will still be obliged to provide ID Documents and there are still distinct advantages to using a local solicitor, in your case a conveyancing solicitor in Petts Wood.