Is the fact that my solicitor in Barkingside is not identified on my mortgage company's conveyancing panel that there is a problem with the quality of his work?
That would more than likely be a wrong assumption to make. There are all sorts of perfectly plausible explanations. A recent report by the solicitors regulator indicated 76% of law firms surveyed had been removed from at least one lender panel. The most common reasons for removal are: (1) low volume of transactions (2) the solicitor is a sole practitioner (3) as part of the HSBC panel reduction (4) regulatory contact by SRA (5) accidental removal. Should you be concerned you should contact the Barkingside conveyancing practice and ask them why they are no longer on the approved list for your lender.
Are you able to recommend a Santander sanctioned Barkingside conveyancing conveyancer who can have us moved in within two weeks? Am I best advised to unstruct a high street Barkingside conveyancer or a nationwide conveyancer?
We can recommend some very good Barkingside conveyancing firms. Another option is to visit the high street in Barkingside. Go in to a couple of firms and ask to see a conveyancing solicitor for a fee estimate. Discuss your deadline together with your reasons and ask for a commitment on speed. Choose the one that genuine.
I'm in the process of looking at houses in Barkingside and I am now considering a potential offer. Is it sensible to have a solicitor on ‘stand by’? I am planning to take a home loan with Kent Reliance.
It would be advisable to instigate your search sooner rather than later. Once you decide who you want to use and once your offer is accepted you can instruct them to work for you and forward their details on to the EA. Given that you are getting a mortgage with Kent Reliance, make sure you remember to check that your lawyer is on the Kent Reliance conveyancing panel.
I have decided to exercise my right to buy my property in Barkingside off the council. I have a mortgage offer with Nationwide. Conveyancing is new to me. Can I proceed without a solicitor easily? I think we can but we keep being told I should have one. Any advice?
It is not advisable to proceed with a house purchase without a solicitor. The council's solicitor are not acting for you. You need a solicitor for a number reasons. One of which is to verify what plans the Council have for repairs and refurbishment for the next five years. Many leaseholders have been stung for contributions of thousands of pounds. In any event, if you are getting a mortgage with Nationwide, you will need to appoint a solicitor on the Nationwide conveyancing panel.
Intending to buy a maisonette in Barkingside. I have received an online quote from a licenced conveyancer, which states: "There will be no charge for dealing with the Lender if you are obtaining a mortgage". I take this to mean that there will be no additional fee if the solicitor is on the Virgin Money conveyancing panel. I wanted to make sure it means there will be no additional fees for dealing with the mortgage.
They are simply saying that the cost for acting for the lender is included in the fee being quoted. It is worth you checking that the Barkingside property lawyer is on the Virgin Money conveyancing panel.
About to purchase a new build apartment in Barkingside. 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 legal work.
Here is a sample of a selection of leasehold new build questions that you can expect your new-build leasehold conveyancing in Barkingside
Please confirm the Lease plans are surveyor prepared. 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. If there are lifts in the building, please confirm that the owners of flats on the ground and basement floors will not be required to contribute towards the cost of maintenance and renewal. Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose?
Do you have any top tips for leasehold conveyancing in Barkingside from the perspective of speeding up the sale process?
- Much of the delay in leasehold conveyancing in Barkingside can be avoided if you get in touch lawyers as soon as your agents start marketing the property and ask them to put together the leasehold documentation needed by the buyers’ solicitors. Some Barkingside leases require Landlord’s consent to the sale and approval of the buyers. If this applies to your lease, you should place the estate agents on notice to make sure that the purchasers put in hand bank and professional references. The bank reference will need to confirm that the buyers are able to meet the yearly service charge and the actual amount of the service charge should be quoted in the bank’s letter. You will therefore need to provide your estate agents with the actual amount of the service charge so that they can pass this information on to the purchasers or their lawyers. If you have carried out any alterations to the property would they have required Landlord’s consent? Have you, for example laid down wooden flooring? Barkingside leases often stipulate that internal structural changes or installing wooden flooring calls for a licence issued by the Landlord consenting to such changes. Should you dont have the approvals to hand you should not communicate with the landlord without contacting your solicitor in the first instance. You believe that you know the number of years remaining on your lease but it would be wise to double-check by asking your solicitors. A buyer’s conveyancer will not be happy to advise their client to to exchange contracts if the lease term is below 75 years. It is therefore important at an early stage that you consider whether the lease for your property needs extending. If it does, contact your solicitors before you put your property on the market for sale.
I am the proprietor of a a ground floor purpose built flat in Barkingside. Given that I can not reach agreement with the landlord, can the Leasehold valuation Tribunal determine the sum due for the purchase of the freehold?
in cases where there is a absentee landlord or if there is disagreement about what the lease extension should cost, under the Leasehold Reform, Housing and Urban Development Act 1993 you can apply to the First-tier Tribunal (Property Chamber) to decide the amount due.
An example of a Lease Extension matter before the tribunal for a Barkingside residence is 104 Coventry Road in July 2014. The Tribunal determined that the lease extension permium should be £22,896.15 This case affected 1 flat. The unexpired lease term was 60.29 years.
After what seems like an age a loan offer from a mortgage company for the refinancing of my 4 bedroom maisonette is coming any day now. Can you recommend a cheap remortgage conveyancing practitioner in Barkingside ?
You have come to the wrong place to search for the cheapest conveyancing solicitors in Barkingside. We can offer you excellent value conveyancing but our intention is not to advertise as being the cheapest. Avoid the trap of appointing companies offering low cost conveyancing in Barkingside.In your best case scenario, in going for cheap conveyancing, you will end up with what you pay for and at worst you will end up being stung for additional fee and still not get the service expected.