I am in the throes of swapping over from my current residential mortgage to a Buy to Let mortgage. I was told by my mortgage that I require a solicitor as part of the process. I spoke to my former Merton Park conveyancing firm who acted on my behalf when I previously bought the house. The quote issued of £575 plus disbursements has taken me by surprise as its a refinance than a sale or purchase.

The costs illustration is slightly on the steep side. If you you were to look around you may be able to get the conveyancing a bit cheaper by perhaps a hundred pounds. That being said, providing that you were satisfied with the service the firm offered you couldlive to regret opting for an an unknown lawyer. If is important to enquire the conveyancer can represent . You can use our search tool to select a Merton Park conveyancing firm on the approved list of lawyers, which can often include conveyancing solicitors in Merton Park.

I have given 8 weeks notice to my current landlord and have to be out of my rented property in Merton Park by . Conveyancing on my purchase is progressing. How realistic is it to complete in 5 weeks as I wish to avoid having to find short term accommodation?

Generally one should not provide notice for your lease unless you have exchanged. Assuming that you have not already done so, speak to your solicitor and request that they chase the sellers solicitors, try to a target completion date that all parties will work to achieve

I have been on the look out for a leasehold apartment up to £195,000 and identified one round the corner in Merton Park I like with open areas and railway links nearby, the downside is that it only has 52 remaining years left on the lease. There is not much else in Merton Park suitable, so just wondered if I would be making a grave error purchasing a lease with such few years left?

Should you require a home loan the shortness of the lease may be problematic. Reduce the offer by the expected lease extension will cost if it has not already been discounted. If the current owner has owned the property for a minimum of twenty four months you could request that they commence the lease extension formalities and pass it to you. An additional ninety years can be extended on to the existing lease with a zero ground rent applied. You should consult your conveyancing solicitor concerning this matter.

Hoping to buy a property located in Merton Park and I am already nervous. I couldn't find anything specific about Merton Park. Conveyancing will be needed in due course but do you know about the Merton Park area? or perhaps some other tips you can share?

Rather than looking online forget looking online you should go and have a look at Merton Park. In the meantime here are some basic statistics that we found

Jane (my partner) and I may need to let out our Merton Park garden flat temporarily due to a new job. We instructed a Merton Park conveyancing firm in 2002 but they have closed and we did not have the foresight to seek any advice as to whether the lease prohibits the subletting of the flat. How do we find out?

Notwithstanding that your last Merton Park conveyancing solicitor is not available you can check your lease to check if it allows you to sublet the premises. The rule is that if the deeds are non-specific, subletting is permitted. There may be a precondition that you are obliged to seek permission from your landlord or other appropriate person in advance of subletting. The net result is you not allowed to sublet in the absence of prior consent. The consent should not be unreasonably refused ore delayed. If your lease prohibits you from subletting the property you should ask your landlord if they are willing to waive this restriction.

Merton Park Leasehold Conveyancing - A selection of Questions you should ask Prior to buying

Is there a share of the freehold? Where a Merton Park lease has fewer than 80 years it will impact the value of the property. It is worth checking with your mortgage company that they are content with the length of the lease. A short lease means that you will probably need a lease extension at some point and you need to have some idea of what this would cost. Remember, in most cases you will need to own the property for two years in order to be legally able to carry out a lease extension.