Having sold my house in Foots Cray last April yet the purchaser is Skype messaging me to say his conveyancer needs to hear from mine. What are the post completion sale formalities now that I have sold?

Post completion of your house sale your conveyancer should forward the transfer deeds and all additional paperwork to the purchaser's lawyers. If applicable, your conveyancer should also evidence that the home loan has been discharged to the buyers solicitors. There is unlikely to be post completion tasks just for conveyancing in Foots Cray.

We are planning to purchase with Loughborough BS. We have called around locally but am struggling to find a Foots Cray conveyancing firm on the Loughborough BS panel. Could you help?

You should make the most of the search tool on this page. Please choose the lender and type Foots Cray or your preferred area and you will discover a number of lawyer offices in Foots Cray or nearest you.

About to purchase a new build apartment in Foots Cray. 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.

Here are examples of a few leasehold new build enquiries that you can expect your new-build leasehold conveyancing in Foots Cray

Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? Please supply evidence that the form of Lease proposed has been approved by the Land Registry. 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. Forfeiture - bankruptcy or liquidation must not apply under this provision. Please confirm the Lease plans are surveyor prepared.

Is it simple use the search app to select a conveyancing lawyer in Foots Cray on the approved list for my lender?

1st select a mortgage company such as Yorkshire Building Society, Barnsley Building Society or Barclays Direct then specify your location such as Foots Cray. Conveyancing organisations in Foots Cray and across England and Wales should be identified.

I am tempted by the attractive purchase price for a two flats in Foots Cray both have about fifty years unexpired on the leases. should I be concerned?

There is no doubt about it. A leasehold flat in Foots Cray is a wasting asset as a result of the shortening lease. The nearer the lease gets to zero years unexpired, the more it adversely affects the marketability of the property. The majority of buyers and lenders, leases with less than eighty years become less and less attractive. On a more upbeat note, leaseholders can extend their leases by serving a Section 42 Notice. One stipulation is that they must have owned the property for two years (unlike a Section 13 notice for purchasing the freehold, when leaseholders can participate from day one of ownership). When successful, they will have the right to an extension of 90 years to the current term and ground rent is effectively reduced to zero. Before moving forward with a purchase of a residence with a short lease term remaining you should talk to a solicitor specialising in lease extensions and leasehold enfranchisement. We are are happy to put you in touch with Foots Cray conveyancing experts who will explain the options available to you during an initial telephone conversation free of charge. More often than not it is possible to negotiate informally with the freeholder to extend the lease. You may find he or she is happy to negotiate informally and willing to consider your offer straight off, without having to involve anyone else. This will save you time and money and it could help you reach a lower price on the lease. You need to ensure that any new terms represent good long-term value compared with the standard benefits of the Section 42 Notice and that onerous clauses are not inserted into any redrafting of the lease.

Having spent years of correspondence we simply can't agree with our landlord on how much the lease extension should cost for our flat in Foots Cray. Can we issue an application to the Residential Property Tribunal Service?

Where there is a absentee landlord or if there is disagreement about the premium for a lease extension, under the Leasehold Reform, Housing and Urban Development Act 1993 it is possible to make an application to the First-tier Tribunal (Property Chamber) to calculate the premium.

An example of a Lease Extension matter before the tribunal for a Foots Cray property is 103a Footscray Road in January 2014. The tribunal determines that the premium payable for the extended lease should be £34,500 according to the expert witness valuation calculation This case was in relation to 1 flat.