We were about to choose a conveyancing solicitor in New Addington listed using your comparison tool but stumbled across some other estimates via the web appear cheaper – how come?
One can find a variety of conveyancers marketing what appear to be very low prices. You should think twice as to how important this transaction is to you that want to take 'cheap' risks concerning the standard of the legal work. Some hide additional charges deep into the terms and conditions. The solicitors that we list for conveyancing in New Addington neverbehave this way.
I own a freehold property in New Addington but nevertheless pay rent, why is this and what is this?
It is rare for properties in New Addington and has limited impact for conveyancing in New Addington but some freehold properties in England (particularly common in North West England) pay an annual sum known as a Chief Rent or a Rentcharge to a third party who has no other legal interest in the land.
Rentcharge payments are usually between £2.00 and £5.00 per year. Rentcharges date back hundreds of years, but the Rent Charge Act 1977 barred the generation of new rentcharges from 1977 onwards.
Old rentcharges can now be extinguished by making a one off payment under the Act. Any rentcharges that are still in existence post 2037 will be dispensed with completely.
Are there restrictive covenants that are commonly identified during conveyancing in New Addington?
Covenants that are restrictive in nature can be picked up when reviewing land registry title as part of the legal transfer of property in New Addington. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
In scouring the world wide web for the term conveyancing in New Addington it shows results of many solicitorslocally. How do I determine which is the suitable conveyancing solicitor for purchase transaction?
The preferential method of seeking the right conveyancer is via personal testimonial, so seek the opinion of colleagues and relatives who have acquired a property in New Addington or a respected estate agent or financial adviser. Charges for conveyancing in New Addington differ, so it's a good idea to request at least three fee estimates from varying types of conveyancers. Dont forget to clarify what costs in the quote includes.
Can you provide any advice for leasehold conveyancing in New Addington with the intention of speeding up the sale process?
- Much of the frustration in leasehold conveyancing in New Addington can be reduced where you instruct lawyers the minute you market your property and ask them to collate the leasehold information which will be required by the buyers’ representatives. Some New Addington leases require Landlord’s consent to the sale and approval of the buyers. If this is the case, it would be prudent to place the estate agents on notice to make sure that the purchasers put in hand bank and professional references. Any bank reference should make it clear that the buyer is 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 purchasers or their lawyers. If you have carried out any alterations to the premises would they have required Landlord’s consent? Have you, for example installed wooden flooring? Most leases in New Addington state that internal structural changes or addition of wooden flooring calls for a licence issued by the Landlord acquiescing to such works. Where you dont have the consents to hand you should not communicate with the landlord without checking with your conveyancer before hand. The majority of freeholders or Management Companies in New Addington charge for providing management packs for a leasehold home. You or your lawyers should discover the fee that they propose to charge. The management information sought on or before finding a buyer, thus accelerating the process. The average time it takes to receive management information is three weeks. It is the most usual reason for frustration in leasehold conveyancing in New Addington. If you hold a share in a the freehold, you should make sure that you have the original share certificate. Obtaining a re-issued share certificate can be a time consuming formality and slows down many a New Addington conveyancing deal. Where a reissued share certificate is required, you should approach the company director and secretary or managing agents (if applicable) for this sooner rather than later.
I have attempted and failed to negotiate with my landlord to extend my lease without any joy. Can one make an application to the Leasehold Valuation Tribunal? Can you recommend a New Addington conveyancing firm to assist?
if there is a missing landlord or if there is dispute about what the lease extension should cost, under the Leasehold Reform, Housing and Urban Development Act 1993 it is possible to make an application to the LVT to determine the amount due.
An example of a Freehold Enfranchisement matter before the tribunal for a New Addington premises is The Woodlands 95 Purley Park Road in April 2009. The Tribunals own valuation produced the figure of £37,912. This case affected 6 flats. The unexpired term was 78.32 years.