When does exchange of contracts happen for purchase conveyancing in Harold Park and am I required to be at the solicitors office?

Where you are local to one of the conveyancing solicitors in Harold Park you are invited in to sign the paperwork. However, the law practices we work with supply countrywide coverage for conveyancing and give just as comprehensive and professional a job for you when communicating with you electronically. The executing of the sale agreement is not the important part. A signed contract simply enables the conveyancer to exchange contracts at the suitable time, which is ordinarily shortly after signing. The exchange process is nowadays normally dealt with by telephone and can be very rapid, although where a lengthy "chain" is in play, since the process requires the relevant party's solicitor (not necessarily a conveyancing solicitor in Harold Park)to be in the office available at the end of the phone to exchange contracts.

Just bought a terraced house in Harold Park , What is the estimated time for the Land Registry to register my ownership? My Harold Park conveyancing solicitor works at snail pace, so I want to check that my ownership is recorded.

As far as conveyancing in Harold Park registration is no quicker or slower than anywhere else in the country. As opposed to being determined by geographic area, timeframes can adjust depending on who lodges the application, whether it is in order and if the Land registry need to notify any interested parties. Currently in the region of 80% of submission are fully addressed within 12 days but occasionally there can be longer delays. Registration is effected once the purchaser is living at the premises thus 'speed' is not usually an essential issue yet where there is a degree of urgency associated with the registration then you or your solicitor should speak with the land registry and explain the circumstances.

Yesterday I discovered that there is a flying freehold element on a property I put an offer in two weeks back in what should have been a straight forward, no chain conveyancing. Harold Park is where the house is located. Can you offer any opinion?

Flying freeholds in Harold Park are rare but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Harold Park you would need to get your solicitor to go through the deeds thoroughly. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Harold Park may ascertain that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold property.

I am four weeks into a leasehold purchase having been directed to solicitors by the high street agent to execute conveyancing in Harold Park. I am not happy. Could you help me find new solicitors?

They would need to be very poor to suggest diss instructing them. Has the mortgage been sent? If so you must advise them of the new contact details and ensure the mortgage documents are re-issued. Your new conveyancer needs to be on the mortgage company approved list to avoid supplemental costs and complications. So that should be your first question of the new solicitors. The find a solicitor tool should help you find a bank approved lawyer for your conveyancing in Harold Park

Can you provide any top tips for leasehold conveyancing in Harold Park from the point of view of saving time on the sale process?

• A significant proportion of the frustration in leasehold conveyancing in Harold Park can be bypassed if you get in touch lawyers the minute you market your property and request that they start to collate the leasehold information which will be required by the purchasers’ lawyers.
A minority of Harold Park leases require Landlord’s consent to the sale and approval of the buyers. If this applies to your lease, you should notify your estate agents to make sure that the purchasers put in hand financial (bank) and professional references. Any bank reference will need to confirm that the buyers are financially capable of paying the yearly service charge and the actual amount of the service charge should be quoted in the bank’s letter. You will therefore need to provide your estate agents with the actual amount of the service charge so that they can pass this information on to the purchasers or their solicitors. If you have had conflict with your freeholder or managing agents it is very important that these are resolved prior to the flat being marketed. The buyers and their solicitors will be warry about purchasing a flat where a dispute is unsettled. You may need to swallow your pride and pay any arrears of service charge or settle the dispute prior to completion of the sale. It is therefore preferable to have any dispute settled ahead of the contract papers being issued to the buyers’ solicitors. You are still duty bound to disclose particulars of the dispute to the buyers, but it is better to present the dispute as historic as opposed to unresolved. If you have carried out any alterations to the property would they have required Landlord’s consent? In particular have you installed wooden flooring? Harold Park leases often stipulate that internal structural changes or installing wooden flooring calls for a licence from the Landlord approving such changes. Should you dont have the consents in place do not communicate with the landlord without checking with your conveyancer before hand.

I have tried to negotiate informally with with my landlord for a lease extension without success. Can one apply to the Leasehold Valuation Tribunal? Can you recommend a Harold Park conveyancing firm to represent me?

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

An example of a Lease Extension matter before the tribunal for a Harold Park flat is 37 Lodge Court High Street in November 2013. the decision of the LVT was that the premium to be paid for the new lease was £25,559 This case affected 1 flat. The unexpired term as at the valuation date was 57.5 years.