In February 2007 our licensed conveyancing Thamesmead team were instructed to handle the purchase conveyancing for a 200 year leasehold for a abode valued at around £165,000.00 located at
Thamesmead, London, SE28. This home is in the local authority area of Greenwich Council Borough Of Londond -
www.greenwich.gov.uk/. Conveyancing matters in the
UK take 90 days on average. We concluded this transaction 66 days of receiving the conveyancing documentation from the registered proprietors property conveyancer. A risk of natural
subsidence was uncovered - further details can be viewed in the environmental searches. Planning permissions were revealed on the property and investigated by our conveyancing in
Thamesmead planning department. A risk of natural subsidence was uncovered - further details can be viewed in the environmental searches. The Land Registry Office Copies supplied revealed
that the registered proprietors had owned the property for less than five years and as such there was a danger that the transfer of the property to the seller could be set aside if it was
established that the property within that five year period was a Transfer at Undervalue. Office Copies obtained from the Land Registry revealed that the registered proprietors had owned
the property for less than three months. The CML (Council of Mortgage Lenders) Handbook dictates that conveyancing solicitors have to reveal to the buyer's lender in any situation where a
property being purchased has been owned for less than six months. This is due to valuation reasons. As such we had to make specific enquiries on behalf of the lender. There was a
concerning discrepancy between details of the registered proprietors as per the conveyancing documentation as against the Official Copies. This was obviously significantly important to
clarify as our conveyancing lawyer needed to be sure that the registered owner and the seller on the contract were one and the same. The Seller's Property Information Form (SPIF) as
supplied by the registered proprietors was more than two months old and therefore we needed to have this refreshed. The managing agent is Quayside Point (Three) Residents Management
Company Limited. Michelle Francis was the property lawyer in charge of conveyancing in Thamesmead, Greenwich, South East London, London. The estate agent's particulars of sale detailing
the registered proprietors property conveyancer was obtained shortly before receiving the conveyancing documentation. The estate agent was the Harrison Ingram branch covering Thamesmead.
The seller's conveyancing solicitor Thamesmead was
Hudgell and Partners - DX33302 Woolwich. receiving the conveyancing documentation from the
Greenwich, South East London, London, Thamesmead - Conveyancing - leasehold : Thamesmead
