My previous conveyancer has given a fee estimate £1350 for no move no fee conveyancing in Sheen Park. I am looking to sell a Georgian property for £175,000. This sounds over the top. Is it above what I should be paying for conveyancing in Sheen Park?

The charges are a bit high. Where you are prepared to expend time comparing charges you could decrease the fees marginally by say a hundred pounds. On the other hand, you mightcome to rue opting for an an unknown conveyancer. If is important to enquire the conveyancer can represent your lender. Do employ our search tool to find a Sheen Park conveyancing company on the lender’s approved list of lawyers which can often include conveyancing solicitors in Sheen Park.

We're in Sheen Park, First time buyers purchasing with a mortgage (lender is Yorkshire BS , and our solicitor is on the Yorkshire BS conveyancing panel). How long should the conveyancing process take?

The fact that your lawyer is on the Yorkshire BS conveyancing panel is a help. It would almost certainly delay matters if they were not. However, no property lawyer should guarantee a timeframe for your conveyancing, due to third parties outside of your control such as delays caused by lenders,conveyancing search providers or by the other side’s solicitors. The time taken is often determined by the number of parties in a chain.

The estate agent has sent us the confirmation of our purchase of a new build flat in Sheen 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 legal work.

Set out below is a sample of a few leasehold new build enquiries that you may expect your new-build leasehold conveyancing in Sheen Park

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. The Vendor must covenant to keep unoccupied units in good repair until long leases are granted therefore. Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents. Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose?

We're first time buyers - had an offer accepted, but the property agent informed us that the vendor will only proceed if we appoint their recommended lawyers as they want an ‘expedited deal’. My instinct tells me that we should use a high street conveyancer who is accustomed to conveyancing in Sheen Park

It is highly unlikely the owners are behind this. If they require ‘a quick sale', alienating a motivated purchaser is likely to cause more damage than good. Speak to the vendors direct and make the point that (a)you are serious buyers (b)you are ready to go, with finances arranged © you do not need to sell (d) you intend to proceed fast (e)however you intend to appoint your preferred Sheen Park conveyancing firm - as opposed tothose that will earn the negotiator at the agency a introducer fee or achieve conveyancing targets pre-set by head office.

Do you have any top tips for leasehold conveyancing in Sheen Park from the perspective of expediting the sale process?

• Much of the frustration in leasehold conveyancing in Sheen Park can be avoided if you appoint lawyers the minute you market your property and request that they start to put together the leasehold documentation which will be required by the purchasers’ conveyancers.
If you have carried out any alterations to the premises would they have required Landlord’s approval? In particular have you laid down wooden flooring? Most leases in Sheen Park state that internal structural alterations or addition of wooden flooring necessitate a licence issued by the Landlord acquiescing to such works. If you dont have the approvals to hand you should not communicate with the landlord without contacting your lawyer in advance. You may think that you are aware of the number of years remaining on your lease but it would be advisable verify this via your lawyers. A purchaser's conveyancer will be unlikely to recommend their client to proceed with the purchase of a leasehold property the remaining number of years is below 75 years. In the circumstances it is important at an early stage that you consider whether the lease requires a lease extension. If it does, contact your solicitors before you put your property on the market for sale. A minority of Sheen Park leases require Licence to Assign from the landlord. If this applies to your lease, you should notify your estate agents to make sure that the purchasers obtain bank and professional references. The bank reference will need to confirm that the buyers are able to meet 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 service charge figures so that they can pass this information on to the buyers or their lawyers.

I have had difficulty in trying to purchase the freehold in Sheen Park. Can this matter be resolved via the Leasehold Valuation Tribunal?

You certainly can. We are happy to put you in touch with a Sheen Park conveyancing firm who can help.

An example of a Freehold Enfranchisement decision for a Sheen Park flat is 19 St. Margarets Crescent in August 2010. the tribunal was of the view that the premium to be paid by the leaseholder for the freehold reversion was £51,983.00 This case related to 3 flats. The unexpired term was 66.25 years.