I am need of leasehold conveyancing for an apartment in a relatively new development (five years built) in Bankside. 95% of the flats are already occupied. Do I need carry out the local searches for my conveyancing in Bankside?
You would be opening yourself up to an unnecessary risk in failing carrying out Bankside conveyancing searches. Without searches you have no clarity over flooding, environmental etc which may mean you walk away due to potential problems down the line. If you are buying without a mortgage there is no legal necessity to have them, but we would strongly advise in the strongest possible terms that you have them. Where time pressures and cost are top of your issues you should discuss with your solicitor about the option of search insurance
Can your site be used to find a Conveyancing solicitor in Bankside even where I’m not buying or disposing of a house, for instance where I want to buy a shop in Bankside with a loan from Yorkshire Building Society?
The service is primarily there to select domestic conveyancing solicitors in Bankside but we have recorded at the end of this page a few Bankside commercial conveyancing firms. You will need to make contact with the firm directly to see if they are also authorised to represent Yorkshire Building Society
My wife and I buying a victorian detached house in Bankside. Our aim is to carry out an extension to the side at the property.Will the conveyancing process involve checks to determine if these alterations are allowed?
Your conveyancer will review the registered title as conveyancing in Bankside will on occasion identify restrictions in the title deeds which prevent categories of works or necessitated the consent of another owner. Some works need local authority planning permissions and approval in accordance building regulations. Certain locations are designated conservation areas and special planning restrictions apply which often prevent or impact extensions. You should check these things with a surveyor ahead of any purchase.
Is it the case that all Bankside CQS (Conveyancing Quality Scheme) solicitors are on the Clydesdale conveyancing list of approved solicitors?
Some major lenders now make use of the accreditation scheme as the starting point for Panel membership such as HSBC and Santander. CQS accreditation however gives no guarantee to lender panel acceptance. That being said,the Council of Mortgage Lenders have indicated that it is likely to become a pre-requisite for solicitors wishing to remain on their approved list of firms.
I have paid off my mortgage with TSB. I assume I don't need a Bankside conveyancer on the TSB panel to discharge the mortgage at the Land Registry. Am I right?
If you have finished paying off your TSB mortgage, they may send you evidence showing that you have paid it off. Alternatively they may notify the Land Registry directly. The Land Registry need to see this evidence before they will remove the TSB mortgage from the register. TSB, and any evidence they send you, will determine the action you need to take. In cases where no conveyancer is acting for you and you have paid off your mortgage:
- but are not moving to another property
- where TSB has sent the Land Registry the discharge electronically, and
- TSB has instructed the Land Registry to do so
I have todaydiscovered that Action Conveyancing have closed. They carried out my conveyancing in Bankside for a purchase of a leasehold flat 9 months ago. How can I check that my home is in my name in the name of the former proprietor?
The quickest way to see if the property is in your name, you can make a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Bankside conveyancing specialists.
I'm converting the mortgage on my current house to a buy to let loan with Bank of Scotland and I will use the ballance of the raised equity as a deposit on another house. The area we are interested in is Bankside. Will your conveyancers be able to act for both sets of mortgage companies and link together the conveyances?
Do use our search tool on this site to ensure that the lawyers are on the appropriate lender panels. Assuming that they are your solicitor will be able to connect the two transactions but you should talk with you solicitor and make clear your desired outcome and needs.
I have just started marketing my basement apartment in Bankside. Conveyancing has not commenced, however I have recently had a yearly maintenance charge invoice – Do I pay up?
Your conveyancing lawyer is likely to suggest that you should clear the maintenance contribution as you normally would given that all ground rent and service charges should be allotted on completion, so you will be reimbursed by the buyer for the period running from after the completion date to the next payment date. Most management companies will not acknowledge the buyer unless the service charges have been paid and are up to date, so it is important for both buyer and seller for the seller to show that they are up to date. This will smooth the conveyancing process.
I own a ground floor flat in Bankside. In the absence of agreement between myself and the freeholder, can the Leasehold valuation Tribunal make a decision on the sum payable for a lease extension?
if there is a missing landlord or where there is dispute about what the lease extension should cost, under the Leasehold Reform, Housing and Urban Development Act 1993 it is possible to make an application to the LVT to assess the price payable.
An example of a Freehold Enfranchisement decision for a Bankside premises is 1-41 Royal Tower Lodge 40 Cartwright Street in April 2013. the tribunal adding the agreed value of capitalised ground rents and the reversion the price to be paid for the freehold was £1,187,000 This case related to 41 flats. The unexpired term as at the valuation date was 107 years.