I am in the market for a reasonably priced conveyancer. Do I opt for a web based conveyancer as opposed to a family Wimbledon conveyancing solicitor?

Wimbledon is a special area, where neighbourhood experience helps. The laid-back lifestyle has it’s attractions – just not when it comes to your conveyancing. The conveyancers that we recommend combine specialist Wimbledon intelligence with a professional, can doattitude that ensures the conveyancing to progress with the minimum of fuss. It is a distinct advantage where they enjoy good relationships with mortgage brokers, search providers, surveyors and counterpart Wimbledon conveyancing firms

What happens if my lawyer’s firm is removed from the HSBC Solicitor panel ahead of completing my conveyancing in Wimbledon?

First, this is a very rare occurrence. In most cases even where a law firm is removed off of a panel the lender would allow the completion to go ahead as the lender would appreciate the difficulties that they would place you in if you have to instruct a new solicitor days before completion. In a worst case scenario where the lender insists that you instruct a new firm then it is possible for a very good lawyer to expedite the conveyancing albeit that you may pay a significant premium for this. The analogous situation is where a buyer instructs a lawyer, exchanges contracts and the law firm is shut down by a regulator such as the SRA. Again, in this situation you can find lawyers who can troubleshoot their way to bring the conveyancing to a satisfactory conclusion - albeit for a fee.

I have justfound out that Arc property Solicitors have closed. They conducted my conveyancing in Wimbledon for a purchase of a leasehold flat 10 months ago. How can I establish that my home is not still registered in the name of the previous owner?

The easiest method to check if the property is registered to you, you can carry out a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Wimbledon conveyancing specialists.

How does conveyancing in Wimbledon differ for new build properties?

Most buyers of new build residence in Wimbledon approach us having been asked by the developer to sign contracts and commit to the purchase even before the premises is ready to move into. This is because new home sellers in Wimbledon typically 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 property lawyers 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 Wimbledon or who has acted in the same development.

If all goes to plan we aim to complete our sale of a £150,000 garden flat in Wimbledon in just under a week. The managing agents has quoted £408 for Certificate of Compliance, insurance certificate and 3 years service charge statements. Is the landlord entitled to charge exorbitant fees for a leasehold conveyance in Wimbledon?

Wimbledon conveyancing on leasehold flats normally involves administration charges raised by management companies :

Completing pre-exchange questions Where consent is required before sale in Wimbledon Copies of the building insurance and schedule Deeds of covenant upon sale Registering of the assignment of the change of lessee after a sale

Your conveyancer will have no control over the level of the charges for this information but the average costs for the information for Wimbledon leasehold premises is £350. For Wimbledon conveyancing transactions it is customary for the seller to pay for these costs. The landlord or their agents are under no legal obligation to answer such questions most will be willing to do so - albeit often at exorbitant prices where the fees bear little relation to the work involved. Unfortunately there is no law that requires fixed charges for administrative tasks. Neither is there any legal time frame by which they are required to supply the information.

I inherited a two-bedroom flat in Wimbledon. In the absence of agreement between myself and the freeholder, can the Leasehold valuation Tribunal make a decision on the amount payable for a lease extension?

You certainly can. We can put you in touch with a Wimbledon conveyancing firm who can help.

An example of a Freehold Enfranchisement case for a Wimbledon flat is 629 Garratt Lane in September 2014. The consideration payable for the acquisition of the freehold of the subject property was the sum £21,302.74. This represented a valuation of the freehold in the sum of £23,864 from which the sum of £2561.27 has been deducted in respect of certain costs in repairing and insuring the premises This case related to 3 flats. The unexpired residue of the current lease was 72.94 years.