Much to our surprise we have been informed by our broker that my West Dulwich lawyer is not on the lender Solicitor panel. How can I be sure that this is correct?

You need to call your West Dulwich lawyer directly. You lawyer should advise you of the situation. Where they are not on the panel they may be able to suggest a West Dulwich conveyancing practice that is on the conveyancing panel for your mortgage company.

My wife and I are buying a new build apartment in West Dulwich and my solicitor is telling me that she has to the mortgage company to reveal incentives from the developer. I am under pressure to exchange contracts and my preference is not to delay the conveyancing. is my lawyer playing by the book?

You should not exchange unless you have been advised to do so by your lawyer. A precondition to being on a lender panel is to comply with the UK Finance Lenders’ Handbook requirements. The CML Conveyancing Handbook requires that your lawyer have the appropriate Disclosure of Incentive form completed by the developer and accepted by your lender.

About to purchase a new build flat in West Dulwich. Conveyancing is daunting 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 conveyancing.

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

Please supply a car parking plan. The Lease must contain a provision on behalf of the Vendor to pay the service charges in respect of unoccupied units in order to ensure that all services can be provided. Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose? The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme. If there are lifts in the building, please confirm that the owners of flats on the ground and basement floors will not be required to contribute towards the cost of maintenance and renewal.

Is it simple use your search tool to choose a conveyancing practitioner in West Dulwich on the approved list for my bank?

1st select a lender such as Nationwide Building Society, The Mortgage Works or Bank of Ireland then type in your preferred area for instance West Dulwich. Conveyancing firms in West Dulwich and beyond will then be listed.

Can you provide any advice for leasehold conveyancing in West Dulwich with the aim of expediting the sale process?

• A significant proportion of the delay in leasehold conveyancing in West Dulwich can be bypassed where you get in touch lawyers the minute you market your property and ask them to put together the leasehold information needed by the purchasers’ lawyers.
You may think that you are aware of the number of years left on your lease but you should verify this by asking your conveyancers. A buyer’s lawyer will not be happy to advise their client to to exchange contracts if the lease term is less than 75 years. It is therefore essential at an early stage that you consider whether the lease term for your property needs extending. If it does, contact your solicitors before you put your home on the market for sale. Many freeholders or Management Companies in West Dulwich levy fees for supplying management packs for a leasehold home. You or your lawyers should enquire as to the actual amount of the charges. The management information sought on or before finding a buyer, thus reducing delays. The average time it takes to receive management information is three weeks. It is the most usual reason for frustration in leasehold conveyancing in West Dulwich. If you are supposed to have a share in the freehold, you should make sure that you have the original share certificate. Organising a duplicate share certificate is often a lengthy process and slows down many a West Dulwich home move. If a new share certificate is required, you should approach the company director and secretary or managing agents (if applicable) for this at the earliest opportunity.

I inherited a second floor flat in West Dulwich. Given that I can not reach agreement with the freeholder, can the Leasehold valuation Tribunal determine the amount due for a lease extension?

if there is a absentee freeholder or where there is dispute about what the lease extension should cost, under the relevant legislation it is possible to make an application to the Leasehold Valuation Tribunal to calculate the amount due.

An example of a Freehold Enfranchisement matter before the tribunal for a West Dulwich residence is 8 Deerbrook Road in May 2010. the Tribunal held that the enfranchisement price, in accordance with section 32 and Schedule 6 of the Leasehold Reform, Housing and Urban Development Act 1993 was £22,820, payable by the Applicants. By an order of the Lambeth County Court dated 17 June 2009 the case had been transferred to the Leasehold Valuation Tribunal for its determination of the premium payable This case was in relation to 3 flats.