My IFA has requested my St Athan solicitor’s panel reference for the Lloyds conveyancing panel. How do I obtain this. I have tried my local St Athan branch but they cant find it on their system.
Have you tried calling your St Athan lawyer about this?. Most St Athan conveyancing firms will keep a file or database of lender panel information which would include, if applicable, their conveyancing panel details for each bank.
My husband and I are approaching an exchange on a property in St Athan and my parents have sent the 10% deposit to my solicitor. I am now told that as the deposit has been sent from someone other than me my conveyancing practitioner needs to make a notification to my bank. Apparently, in also acting for the lender he must advise them that the balance of the purchase price is not just from me. I disclosed to the bank concerning my parents' contribution when I applied for the home loan, so is it really appropriate for this now to delay the deal?
The solicitor is duty bound to clarify with the bank to make sure that they understand that the balance of the purchase price is not from your own resources. The solicitor can only notify this to your bank if you permit them to, failing which, your lawyer must cease to continue acting.
Are the BSA planning on creating a searchable register to list firms on the Norwich and Peterborough Building Society conveyancing panel for instance in St Athan?
We have not been informed any intention on the part of the BSA to develop such a register.
Despite weeks of looking the Title Certificate and documents to my home can not be found. The solicitors who did the conveyancing in St Athan 10 years ago have long since closed. What are my next steps?
Assuming the title is registered the details of your ownership will be held by the Land Registry under a Title Number. It is easy to execute a search at the Land Registry, identify your house and secure up to date copies of the property title for a small fee. If the property is Leasehold then the Land Registry will also normally hold a certified duplicate of the Registered Lease and again, a copy can be obtained for twenty pounds.
About to purchase a new build apartment in St Athan. Conveyancing is daunting 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.
Here are examples of a selection of leasehold new build questions that you can expect your new-build leasehold conveyancing in St Athan
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Please confirm the Lease plans are surveyor prepared. Forfeiture - bankruptcy or liquidation must not apply under this provision. Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents. Please provide evidence that the form of Lease proposed has been approved by the Land Registry.
I would like to rent out my leasehold apartment in St Athan. Conveyancing solicitor who did the purchase is retired - so can't ask him. Do I need to ask my freeholder for permission?
The lease governs the relationship between the freeholder and you the flat owner; specifically, it will indicate if subletting is banned, or permitted but only subject to certain conditions. The accepted inference is that if the lease contains no expres ban or restriction, subletting is allowed. Most leases in St Athan do not contain an absolute prevention of subletting – such a provision would undoubtedly devalue the flat. Instead, there is usually a basic requirement that the owner notifies the freeholder, possibly sending a copy of the sublease.
I own a garden flat in St Athan, conveyancing having been completed June 1996. Can you please calculate a probable premium for a statutory lease extension? Similar properties in St Athan with a long lease are worth £222,000. The ground rent is £50 invoiced annually. The lease finishes on 21st October 2097
You have 71 years left to run we estimate the price of your lease extension to span between £9,500 and £11,000 plus professional fees.
The suggested premium range that we have given is a general guide to costs for renewing a lease, but we are not able to supply a more accurate figure without more detailed due diligence. Do not use this information in a Notice of Claim or as an informal offer. There may be additional issues that need to be taken into account and you obviously want to be as accurate as possible in your negotiations. Please do not move forward based on this information without first seeking the advice of a professional.