My partner and I are acquiring a brand new flat in Penrith and my solicitor is telling me that she has to the bank to disclose incentives from the builder. I am on a tight deadline to exchange and I have no desire to delay matters. is my lawyer playing by the book?
You should not exchange unless you have been advised to do so by your solicitor. A precondition to being on a lender panel is to comply with the UK Finance Lenders’ Handbook specifications. The CML Conveyancing Handbook requires that your lawyer have the appropriate Disclosure of Incentive form completed by the developer and accepted by your lender.
My wife and I have recently appointed a conveyancing solicitor in Penrith. I need to find out if they are on the Platform Home Loans Ltd conveyancing panel. Can you or the lender confirm if they are on the panel?
You should phone your solicitor and ask them if they are on the lender panel. Alternatively you should call Platform Home Loans Ltd who may be able to assist.
Should commercial conveyancing searches reveal proposed roadworks that could impact a commercial estate in Penrith?
Its becoming the norm that commercial conveyancing solicitors in Penrith will conduct a SiteSolutions Highways report as it dramatically cuts the time that conveyancers expend in looking into accurate data on highways that impact buildings and development assets in Penrith. The report provides definitive information on the adoption status of roads, footpaths and verges, as well as the implication of traffic schemes and the rights of way surrounding a commercial development sites in Penrith.
For each commercial conveyancing transaction in Penrith it is critical to investigate the adoption status of roads surrounding a site. The absence of identifying developments where adoption procedures have not been dealt with adequately can cause delays to Penrith commercial conveyancing deals as well as pose a risk to future plans for the site. These searches are not conducted for residential conveyancing in Penrith.
I used Stirling Law several years ago for my conveyancing in Penrith. I now require my papers but the law firm has closed. What do I do?
You should contact the Solicitors Regulatory Authority (SRA) to assist in tracking down your conveyancing files. They can be contacted on please contact on 0870 606 2555. Alternatively, you should use their online form to make an enquiry. You will need to provide the SRA with as much information as possible to assist their search, including the name and address in Penrith of the conveyancing firm of solicitors you previously used, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.
My wife and I purchased a leasehold house in Penrith. Conveyancing and Halifax mortgage are in place. A letter has just been received from someone saying they have taken over the freehold. It included a demand for arrears of ground rent dating back to 1998. The conveyancing solicitor in Penrith who acted for me is not around. Do I pay?
The first thing you should do is contact HMLR to make sure that the individual claiming to own the freehold is indeed the registered owner of the freehold reversion. It is not necessary to incur the fees of a Penrith conveyancing firm to do this as it can be done on-line for less than a fiver. Rest assured that in any event, even if this is the rightful landlord, under the Limitation Act 1980 no more than 6 years of rent can be collected.
Penrith Conveyancing for Leasehold Flats - Sample of Queries before Purchasing
-
This information is helpful as a) areas could result in problems in the block as the communal areas may begin to deteriorate where maintenance remain unpaid b) if the leasehold owners have an issue with the managing agents you will want to have complete disclosure Is anyone aware of any major works in the near future that will increase the service charges?
Is it true that a Penrith conveyancing firm got sued by clients for failing to conduct comprehensive conveyancing searches?
Our attention has not be brought to such a Penrith conveyancing claim but it has been reported that, clients buying a house in Cumbria successfully won a case against their conveyancer as a consequence of development plans to erect a wind farm failing to be picked up in conveyancing searches.
Where you are buying in Penrith It is critical that your conveyancer conduct all Penrith conveyancing searches necessary to ensure you have relevant and up to date information before acquiring a property.