About to purchase a new build apartment in Rotherhithe. Conveyancing is a frightening process at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build conveyancing.

Here is a sample of a few leasehold new build enquiries that you can expect your new-build leasehold conveyancing in Rotherhithe

Where service of notices and proceedings can be at the property demised please confirm that this can be amended to include simultaneous services at the Lessees’ solicitors’ offices where the Lessee from time to time is not resident in the UK - such solicitors may be varied by notice in writing to the Landlord from time to time but otherwise will be as previously specified. 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. Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier? The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme.

Are there any apps to help identify a Rotherhithe law firm on the Norwich and Peterborough Building Society conveyancing panel? I drive a motor bike and am happy to travel upto 20miles to meet the lawyer.

Feel free to make use of the search on this page. Please choose the mortgage company and your location and you will see a number of Rotherhithe conveyancing lawyers locally. We have listed some Rotherhithe conveyancing firms towards the end of this page and you can telephone them to see if they are on the Norwich and Peterborough Building Society approved list

I need to instruct a conveyancing solicitor for residential conveyancing in Rotherhithe. I happened to land on a web site which appears to be the perfect solution If it is possible to get all this stuff completed via phone that would be ideal. Should I be wary? What should out be looking out for?

As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?

Following months of correspondence we cannot agree with our landlord on how much the lease extension should cost for our flat in Rotherhithe. Does the Leasehold Valuation Tribunal have jurisdiction to calculate the appropriate figures?

if there is a missing freeholder or where there is disagreement about what the lease extension should cost, under the relevant statutes it is possible to make an application to the LVT to decide the price payable.

An example of a Freehold Enfranchisement matter before the tribunal for a Rotherhithe residence is 12, 14 & 16 Hull Close in May 2010. the Tribunal determined that the premium payable for the acquisition of the freehold to the subject premises was the sum of £18,300 This case related to 3 flats. The number of years remaining on the existing lease(s) was 101.61 years.

In relation to leasehold conveyancing in Rotherhithe what are the most frequent lease problems?

There is nothing unique about leasehold conveyancing in Rotherhithe. Most leases are drafted differently and legal mistakes in the legal wording can result in certain sections are missing. The following missing provisions could result in a defective lease:

Repairing obligations to or maintain parts of the premises Service charge per centages that don't add up correctly leaving a shortfall

You may encounter a problem 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, Skipton Building Society, and Godiva Mortgages Ltd all have very detailed requirements when it comes to what is expected in a lease. If a mortgage lender believes that the lease does not cover certain provisions they may refuse to provide security, obliging the buyer to withdraw.

My partner and I are buying a 2 bedroom flat in Rotherhithe. When we first instructed solicitor, they assured us that they were on all major UK lender panels. Our financial adviser emailed yesterday to say that they are not on the HSBC approved list. If it turns out to be true, what should we do? Should we just choose a different property lawyer that is on their approved list or should we pay for dual representation, with HSBC selecting their own preferred solicitor.

If you are acquiring a property requiring a mortgage it is conventional for the purchaser’s solicitors to also act for the mortgage company. In order to act for a bank or building society a lawyer has to be on that lender's list of approved lawyers. An application has to be made by the property lawyer to the lender to become a member of the lender's panel and there are increasingly strict conditions which the conveyancer has to fulfill. Some banks now insist their panel firms to be part of the Law Society’s Conveyancing Accreditation Scheme. Your lawyer should contact HSBC to discover if they can apply for membership of their conveyancing panel, but if that is not viable they will instruct their own lawyers to represent them. You don't have to instruct a firm on HSBC's conveyancing panel and you may continue to use your own Rotherhithe solicitors, in which case your legal fees may increase, and it may delay matters as you have another set of people involved.