Is the fact that my solicitor in Allendale is not listed on my bank's solicitor panel that there is a problem with the quality of the firm’s work?
That is more than likely an incorrect assumption to make. There are plenty of plausible explanations. Just recently a report by the solicitors regulator revealed 76% of law firms surveyed had been removed from at least one lender panel. The top 5 reasons are as follows: (1) lack of transactions (2) the lawyer is a sole practitioner (3) as part of the HSBC panel reduction (4) regulatory contact by SRA (5) accidental removal. Where you are concerned you should contact the Allendale conveyancing firm and ask them why they are no longer on the approved list for your mortgage company.
We note that you have a post code search directory identifying law firms on the Clydesdale conveyancing panel. Do firms pay you a commission if I instruct them for our own conveyancing in Allendale?
We are a listing service only for law firms wishing to communicate if they are on the Clydesdale conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Allendale.
I am assisting my step-mother sell her flat in Allendale. Will the conveyancer commission an energy performance certificate or it is for the owner to coordinate?
Following the abolition of Home Packs, energy assessments remained a compulsory component of selling a house. An energy assessment needs to be commissioned before the property is placed on the market. This is not as aspect of the sale process that solicitors normally arrange. Where you are instructing a Allendale conveyancing lawyer they may be willing to arrange energy performance certificates due to their relationships with long established Allendale assessors
I am expecting a AIP from Virgin Money this week so we know how much we could potentially offer as otherwise we only have online calculators to go by (which aren't taking into account credit checks etc). Do Virgin Money recommend any Allendale solicitors on the Virgin Money conveyancing panel, or is it better to go independently?
You will need to appoint Allendale solicitors independently although you'll need to choose one on the Virgin Money conveyancing panel. The solicitor represents both you and Virgin Money through the process.
I can not fathom if my bank requires a lease extension. I have called into my local Allendale bank branch on various occasions and was told it wasn't an issue and they would lend. My Allendale conveyancing solicitor - who is on the mortgage company conveyancing panel- telephoned and was told they would not lend based on their published requirements. I simply don't know who is right.
Your solicitor has to comply with the Council of Mortgage Lenders’ Handbook Part 2 conditions for your bank. Unless your lawyer obtains specific confirmation in writing that the mortgage company will go ahead, your lawyer has no choice but to refrain from exchanging contract and committing you to the purchase. We would suggest that you ask the lender to contact your lawyer in writing confirming that they will accept the number of years left on the lease.
I need some quick conveyancing in Allendale as I am faced with a deadline to complete in less than one month. Luckily I do not require a mortgage. Is it possible to decline from having conveyancing searches to save fees and time?
As you are are a mortgage free buyer you are at liberty not to have searches carried out although no law firm would recommend that you don't. Drawing on years of experience of conveyancing in Allendale the following are examples of issues that can arise and therefore impact future saleability: Enforcement Notices, Overdue Fees, Overdue Grants, Railway Schemes,...
It has been 3 months since my purchase conveyancing in Allendale took place. I have checked the Land Registry site which shows that I paid £175,000 when infact I paid £160,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the asset from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
Frank (my husband) and I may need to sub-let our Allendale ground floor flat for a while due to a new job. We instructed a Allendale conveyancing practice in 2004 but they have closed and we did not have the foresight to seek any advice as to whether the lease allows us to sublet. How do we find out?
Even though your previous Allendale conveyancing lawyer is no longer around you can check your lease to check if it allows you to sublet the property. The accepted inference is that if the lease is silent, subletting is allowed. Quite often there is a prerequisite that you are obliged to seek permission from your landlord or other appropriate person prior to subletting. The net result is that you cannot sublet without first obtaining permission. The consent must not not be unreasonably refused ore delayed. If the lease prohibits you from letting out the property you will need to ask your landlord for their consent.
Allendale Conveyancing for Leasehold Flats - Sample of Questions you should ask Prior to buying
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What is the yearly service fee and ground rent? Is the freehold owned collectively by the leaseholders?