I am selling our property in Merton Park and according to the buyers it appears that there is a risk of it being constructed land that was not decontaminated. Any high street Merton Park conveyancer would know this is not the case. For the life of me I don't know why the purchasers are using an internet conveyancing outfit rather than a conveyancing solicitor in Merton Park. We have lived in Merton Park for three years we know that this is a non issue. Should we contact our local Authority to get confirmation that the buyers are looking for.
It would appear that you have a conveyancing lawyer already. 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 ailment)
The estate agent has sent us the confirmation of our purchase of a new build apartment in Merton Park. 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 is a sample of a selection of leasehold new build enquiries that you should expect your new-build leasehold conveyancing in Merton Park
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Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? The Lease must contain a provision on behalf of the Vendor to pay the service charges in respect of unoccupied units in order to ensure that all services can be provided. 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. There must be mutual enforceability of lessee’s covenants. Forfeiture - bankruptcy or liquidation must not apply under this provision.
I opted to have a survey completed on a property in Merton Park ahead of appointing solicitors. I have been told that there is a flying freehold overhang to the house. Our surveyor advised that some banks may not issue a mortgage on such a premises.
It varies from the lender to lender. HSBC has different instructions from Birmingham Midshires. Should you wish to telephone us we can check with 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 Merton Park. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Merton Park to see if the conveyancing will be more expensive.
My husband and I are 14 days into a leasehold purchase having been recommend to conveyancers by the estate agent to carry out the conveyancing in Merton Park. I am am starting to be frustrated with the level of service. Could you you assist me in finding new lawyers?
They would need to be really bad in order to consider changing them. Has your loan offer been sent? In the event that it has you will need to advise them of the replacement lawyer and get the loan are re-sent. The solicitor ideally needs to be on the mortgage company approved list to avoid escalating expenses and frustration. So that should be your first question of the new lawyers. The search tool will help you find a lender approved lawyer for your conveyancing in Merton Park
Back In 2000, I bought a leasehold flat in Merton Park. Conveyancing and National Westminster Bank mortgage are in place. I have received a letter from someone saying they have taken over the freehold. It included a demand for arrears of ground rent dating back to 1992. The conveyancing practitioner in Merton Park who previously acted has now retired. Any advice?
First make enquiries of the Land Registry to be sure that the individual claiming to own the freehold is indeed the new freeholder. It is not necessary to instruct a Merton Park conveyancing practitioner to do this as it can be done on-line for less than a fiver. You should note that regardless, even if this is the legitimate freeholder, under the Limitation Act 1980 the limitation period for recovery of ground rent is six years.
Despite our best endeavours, we have been unsuccessful in trying to reach an agreement for a lease extension in Merton Park. Can this matter be resolved via the Leasehold Valuation Tribunal?
Absolutely. We can put you in touch with a Merton Park conveyancing firm who can help.
An example of a Lease Extension matter before the tribunal for a Merton Park flat is 14 Nutwell Street in January 2014. The premium payable for the acquisition of a new lease of the subject premises was in the sum of £30,523 This case related to 1 flat. The unexpired lease term was 62.94 years.