I am due to exchange buying a property in Selhurst but as a result of damage from the recent storms I have was able negotiate compensation from the owner of £3k in the form of a adjustment in the price. This was going to be addressed as part of amending the contract but Lloyds are not allowing this. Why were they notified?

The lawyer that is on a Lloyds approved list is required to inform Lloyds of any changes to the sale price. If you were to refuse your solicitor to disclose the price change to Lloyds then they would have to discontinue acting for you. In addition, Lloyds and you would have to appoint a new conveyancing practitioner for your conveyancing in Selhurst.

Will commercial conveyancing searches disclose impending roadworks that may impact a commercial premises in Selhurst?

Many commercial conveyancing solicitors in Selhurst will perform a SiteSolutions Highways report as it reduces the time that conveyancers spend in researching accurate data on highways that impact buildings and development assets in Selhurst. The search result provides definitive data 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 Selhurst.

For each commercial conveyancing transaction in Selhurst it is crucial to investigate the adoption status of roads surrounding a site. The absence of identifying developments where adoption procedures have not been addressed adequately can cause delays to Selhurst commercial conveyancing transactions as well as present a risk to future intentions for the site. These searches are not carried out for domestic conveyancing in Selhurst.

I need to retain a conveyancing solicitor for freehold conveyancing in Selhurst. I have chance upon a web site which looks to be the perfect solution If there is a chance to get all this stuff completed via phone that would be ideal. Should I be wary? What should out be looking out for?

As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?

I am a negotiator for a reputable estate agent office in Selhurst where we have experienced a few flat sales jeopardised due to leases having less than 80 years remaining. I have been given conflicting advice from local Selhurst conveyancing firms. Can you clarify whether the vendor of a flat can instigate the lease extension process for the purchaser on completion of the sale?

As long as the seller has owned the lease for at least 2 years it is possible, to serve a Section 42 notice to commence the lease extension process and assign the benefit of the notice to the purchaser. The benefit of this is that the buyer can avoid having to sit tight for 2 years to extend their lease. Both sets of lawyers will agree to form of assignment. The assignment has to be done prior to, or simultaneously with completion of the disposal of the property.

Alternatively, it may be possible to agree the lease extension with the freeholder either before or after the sale. If you are informally negotiating there are no rules and so you cannot insist on the landlord agreeing to grant an extension or transferring the benefit of an agreement to the buyer.

I have attempted and failed to negotiate with my landlord to extend my lease without success. Can I apply to the Leasehold Valuation Tribunal? Can you recommend a Selhurst conveyancing firm to help?

Most definitely. We can put you in touch with a Selhurst conveyancing firm who can help.

An example of a Lease Extension matter before the tribunal for a Selhurst 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 remaining number of years on the lease was 26.38 years.

I'm buying a bungalow in Selhurst. I have found my conveyancer's company on the CLC list, but I can't find my lawyer's name on the list. Is this a big problem?

Not every individual in the law firm must be listed by the regulator. Provided there is someone qualified to 'oversee' the transaction, the actual day-to-day activity can be undertaken by unlicensed staff.