Purchase of leasehold property : 16 St Julians Farm Road, London, SE27 - Conveyancing in Tulse

In January 2008 our property conveyancing Tulse Hill team handled the purchase conveyancing for a 125 year leasehold for a property valued at around £313, 000. 00 located at 16 St Julians Farm Road, London, SE27. The local authority area of the home is Lambeth Council Borough Of London - www.lambeth.gov.uk/. A risk of natural subsidence was uncovered - further details can be viewed in the environmental searches. The handling conveyancer discovered that there were Planning permissions affecting this residence. The conveyancing searches revealed that the property was at risk of natural flooding (as shown on area environmental searches). We needed to check with the vendors whether or not the property had ever suffered from flooding as well as make sure that the insurance would be available to cover the risk of flooding. 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 vendors 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. The Land Registry documentation revealed that the property was subject to restrictions/rights/covenants as set out in a conveyance dated 21/11/1890. It was important that we check with the vendors conveyancing solicitor that the aforementioned restrictions/covenants etc. had been fully complied with. Sayrha Elahi was the property lawyer in charge of conveyancing in Tulse Hill, Lambeth, South London, London. The estate agent's memo of sale detailing the vendors conveyancing solicitor was obtained shortly before receiving the sale and purchase agreement. The estate agent was the Foxtons branch covering Tulse Hill. - http://www.foxtons.co.uk. The seller's conveyancing solicitor Tulse Hill was McMillan Williams - DX 58605 Streatham. Lambeth, South London, London, Tulse Hill - Conveyancing - leasehold : Tulse Hill