Can conveyancing in Coulsdon to be concluded in under two weeks?

First, If you are under pressure to complete we would recommend that your solicitor is familiar with the location as they will make use of local connections and know-how. It is possible that they would have transacted otherhomes in the same street. Therefore consider using a Coulsdon conveyancing firm. Second, double check that the conveyancing firm is on the lender panel. It is claimed that 18% of Coulsdon conveyancing deals are held up or jeopardised after finding out that a buyer’s conveyancer was not on their mortgage lender’s member panel. This can often result in the buying process being delayed by as much as 21 days. It is estimated that this issue impacts in the region of one hundred thousand home moves annually. Almost all Coulsdon conveyancing firms can not represent certain lenders so do check as early as possible.

I have a terraced Edwardian property in Coulsdon. Conveyancing lawyer represented me and Barclays Direct. I happened to do a free search for it on the Land Registry database and there are two entries: the first freehold, another for leasehold under the exact same address. I'd like to know for sure, how can I find out??

You need to read the Freehold register you have again and check the Charges Register as there may be mention of a lease. The best way to be sure that you are also the registered owner of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Coulsdon and other areas of the country and poses no real issues for owners other than when they sell they have to account for both freehold and leasehold interests when dealing with mortgage companies. You can also enquire as to the situation with the conveyancing solicitor who conducted the conveyancing.

My brother has suggested that I appoint his lawyers for conveyancing in Coulsdon. Should I choose my own property lawyer?

No doubt the best way to select a conveyancing practitioner is to get recommendations from friends or family who have actually used the conveyancer you're considering.

I have given up trying to purchase the freehold in Coulsdon. Can this matter be resolved via the Leasehold Valuation Tribunal?

if there is a absentee freeholder or where there is dispute about what the lease extension should cost, under the relevant statutes you can apply to the LVT to assess the price payable.

An example of a Freehold Enfranchisement case for a Coulsdon flat is 223 Brighton Road in September 2013. The premium payable for the acquisition freehold of the properties should be £10,934 (Ten thousand,nine hundred and thirty four pounds) This case was in relation to 3 flats. The unexpired term was 75 years.

When it comes to leasehold conveyancing in Coulsdon what are the most common lease problems?

Leasehold conveyancing in Coulsdon is not unique. All leases are individual and legal mistakes in the legal wording can result in certain clauses are not included. For example, if your lease is missing any of the following, it could be defective:

A provision for the recovery of money spent for the benefit of another party.

You will encounter difficulties when selling your property if you have a defective lease primarily because it impacts on the ability to obtain a mortgage on the property. Nationwide Building Society, Barnsley Building Society, and Nottingham Building Society all have express requirements when it comes to what is expected in a lease. If a mortgage lender believes that the lease is defective they may refuse to grant the mortgage, obliging the buyer to pull out.

I require the services of a bank panel solicitor in Coulsdon. Could you help me?

Unfortunately it’s not apparent why you need a Coulsdon panel solicitor but in any event, if you can not find one on our search tool you will need to speak directly to the mortgage company to find out which solicitors in Coulsdon are on their panel . If you do find such a firm in Coulsdon not listed please direct them to our site to list. At a fee of one pound per month it is not expensive to register on the site