I am about to exchange buying a property in Paulton but as a result of wreckage from a small fire at the property I have was able negotiate recompense from the owner of six thousand pounds by way of a reduction in the price. This was going to be dealt with as part of a side agreement however TSB are not allowing this. Should they have been informed?
Any property lawyer being on the TSB approved list is required to advise TSB of any changes to the sale price. If you prohibit your conveyancer to report the reduction to TSB then they would have to discontinue acting for you. In addition, TSB and you would have to appoint a new conveyancing practitioner for your conveyancing in Paulton.
Are the BSA intent on creating a searchable register to list firms on the Norwich and Peterborough Building Society conveyancing panel for example in Paulton?
We have not been informed any intention on the part of the BSA to promote such a register.
Me and my brother purchased a renovated Edwardian property in Paulton. Conveyancing solicitor represented me and HSBC Bank. I happened to do a free search for it on the Land Registry database and I saw a couple of entries: the first freehold, another for leasehold with the exact same property. If a house is not a freehold shouldn't I have been informed?
You should assess the Freehold register you have again and check the Charges Register as there may be mention of a lease. The best way to be sure that you are also the registered proprietor of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Paulton and other areas of the country and poses no real issues for owners other than when they buy they have to account for both freehold and leasehold interests when dealing with mortgage companies. You can also enquire as to the situation with your conveyancing lawyer who conducted the work.
I am buying a new build flat in Paulton. Conveyancing is a frightening process 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.
Set out below is a sample of a few leasehold new build questions that you can expect your new-build leasehold conveyancing in Paulton
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Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents. Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier? Where service of notices and proceedings can be at the property demised please confirm that this can be amended to include simultaneous services at the Lessees’ solicitors’ offices where the Lessee from time to time is not resident in the UK - such solicitors may be varied by notice in writing to the Landlord from time to time but otherwise will be as previously specified. Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose? Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company?
In what way can the Landlord & Tenant Act 1954 affect my business property in Paulton and how can your lawyers assist?
The particular law that you refer to provides protection to business lessees, giving them the a statutory right to make a request to court for a continuation of occupancy at the end of the lease term. There are limited grounds that a landlord can refuse a lease renewal and the rules are involved. We are happy to direct you to commercial conveyancing practices who use the act for protection and handle your commercial conveyancing in Paulton
Whilst your website is a good idea there are many lawyers listed near Paulton being on the bank conveyancing panel. Can you recommend a specific firm on the conveyancing panel for our bank?
We do not recommend specific Paulton firms as the right Paulton conveyancing solicitor for you depends on where your priorities lie. For example you may require a local firm with Paulton knowledge or you might be looking for the low cost conveyancing. Before you appoint your lawyer we advise you to speak to two or three of the the firms listed to gain comfort as to which one is right for you..