My uncle pointed out to me me that in purchasing a property in Tolworth there could be various restrictions prohibiting external alterations to a property. Is this right?
There are anumerous of properties in Tolworth which have some sort of restriction or requirement of consent to execute external alterations. Part of the conveyancing in Tolworth should determine what restrictions are applicable and advising you as part of a ROT that should be sent to you.
is it true that all Tolworth conveyancing solicitors on the Aldermore conveyancing panel are regulated by the SRA?
As solicitors, in order to be on the Aldermore approved list of solicitors they would need to be governed by the SRA. Some lenders do permit licenced conveyancers on their panel in which case such organisation would be regulated by the CLC.
We previously appointed conveyancers located in Tolworth on the Co-operative solicitor approved list. They are now charging me a supplemental charge for the legal aspects of the Co-operative mortgage. Is this an additional conveyancing fee specified by Co-operative?
Unfortunately, so long as it is in their Terms and Conditions or Quote then yes your lawyer can levy a fee for this. This charge is not set by Co-operative but by your Tolworth solicitor. Numerous firms on the Co-operative panel will quote an ‘acting for lender’ fee but many firms include it on their overall fee.
My partner and I are intent on selling our home in Tolworth and the buyers lawyers are claiming that there is a risk of it being constructed on contaminated land. A local lawyer would know that there is no such problem. For the life of me I don't know why the buyers used a national conveyancing firm as opposed to a conveyancing solicitor in Tolworth. We have lived in Tolworth for 5 years we know that this is a non issue. Is it a good idea to contact our local Authority to seek clarification that there is no issue.
It sounds as though you may have a conveyancing lawyer already. What do they say? You must check with 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 illness)
Just had an offer accepted on a new build flat in Tolworth. Conveyancing is necessary evil at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build legal work.
Set out below is a sample of a few leasehold new build enquiries that you should expect your new-build leasehold conveyancing in Tolworth
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Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents. Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? 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. The Vendor must covenant to keep unsold units in good repair until long leases are granted therefore.
I have been on the look out for a ground for flat up to £305k and identified one near me in Tolworth I like with a park and station nearby, however it's only got 52 years on the lease. There is not much else in Tolworth suitable, so just wondered if I would be making a mistake acquiring a lease with such few years left?
If you require a home loan the shortness of the lease will be a potential deal breaker. Reduce the price by the expected lease extension will cost if not already taken into account. If the current proprietor has owned the premises for a minimum of 2 years you may ask them to start the process of the extension and then assign it to you. An additional ninety years can be extended on to the current lease term with a zero ground rent applied. You should consult your conveyancing solicitor regarding this.
My husband and I are one month into a residential purchase having been recommend to conveyancers by the local agent to perform conveyancing in Tolworth. I am am very dissatisfied with the quality of service. Can you help me find new conveyancers?
A lawyer would need to be very bad in order to consider diss instructing them. Has your mortgage offer been generated? In the event that it has you need to make them aware of the replacement conveyancer and have the offer are re-issued. The conveyancer needs to be on the lenders approved list to avoid supplemental expenses and frustration. So that should be your first question of the new solicitors. The search tool will help you find a lender approved solicitor for your conveyancing in Tolworth