Having sold my house in Lampton last September yet the purchaser is calling me to say their conveyancer is waiting to hear from mine. What should my lawyer have done following completion?
Post completion of your sale your lawyer is committed to send the transfer deeds and all additional paperwork to the purchaser's lawyers. Where relevant, your conveyancer should also send confirmation that the home loan has been paid off to the purchasers solicitors. There are no post completion steps unique to conveyancing in Lampton.
How does conveyancing in Lampton differ for newly converted properties?
Most buyers of new build property in Lampton contact us having been asked by the housebuilder to exchange contracts and commit to the purchase even before the premises is built. This is because developers in Lampton tend to acquire the site, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are used to new build conveyancing in Lampton or who has acted in the same development.
I've recently found out that there is a flying freehold issue on a property I put an offer in last month in what should have been a quick, chain free conveyancing. Lampton is the location of the property. Can you offer any guidance?
Flying freeholds in Lampton are rare but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Lampton you would need to get your solicitor to go through the deeds thoroughly. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Lampton may decide 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 own a leasehold flat in Lampton. Conveyancing and Accord Mortgages Ltd mortgage are in place. A letter has just been received from someone claiming to own the freehold. It included a ground rent demand for rent dating back to 1996. The conveyancing practitioner in Lampton who previously acted has now retired. Any advice?
The first thing you should do is contact HMLR to be sure that this person is indeed the registered owner of the freehold reversion. You do not need to instruct a Lampton conveyancing lawyer to do this as it can be done on-line for less than a fiver. Rest assured that regardless, even if this is the rightful freeholder, under the Limitation Act 1980 the limitation period for recovery of ground rent is six years.
I have had difficulty in negotiating a lease extension in Lampton. Can this matter be resolved via the Leasehold Valuation Tribunal?
Absolutely. We are happy to put you in touch with a Lampton conveyancing firm who can help.
An example of a Lease Extension matter before the tribunal for a Lampton flat is Ground Floor Flat 91 Bath Road in May 2009. in a case where the freeholder could not be traced, the Brentford County Court ordered that the Lease be surrendered in return for the grant of a new lease of the Premises at a premium determined by the Leasehold Valuation Tribunal. The tribunal concluded that the price payable by the Applicant for the new lease of the premises be £15,900 This case was in relation to 1 flat. The unexpired term as at the valuation date was 60.45 years.
I am searching for an affordable conveyancing solicitor in Lampton to help me sell my flat. I am aware of the possibility of getting ripped off and there's lots of Lampton conveyancing firms out there...who's the best?
The first thing to do when looking for a Lampton property lawyer is seek recommendations from friends or trusted professionals. Almost everyone has used a conveyancing solicitor previously. Do make use of our comparison tool for Lampton conveyancing quotes