I am about to put a bid on a leasehold flat in Beddington. The property agents advise that it is the norm for flats in Beddington to have less than 75 years remaining. I am obtaining a loan with Bank of Ireland. Is this going to be acceptable if the lease has Seventy One years left.
Most leasehold conveyancing experts should be able to deal with a lease extension. if you are obtaining a mortgage then your lender may insist that the lease be extended before competition. Bank of Ireland have specific requirements as set out in the UK Finance Lenders’ Handbook in relation to minimum unexpired lease terms. As of 11/1/2021 the requirements read as follows :
I am purchasing a victorian detached house in Beddington. The intention is to an extension at the rear at the property.Will legal work on the property include enquiries to determine if these works are prohibited?
Your conveyancer should review the deeds as conveyancing in Beddington can on occasion identify restrictions in the title deeds which prevent certain works or require the permission of a 3rd party. Certain works require local authority planning permissions and approval under the building regulations. Some areas are designated conservation areas and special planning restrictions apply which often prevent or impact extensions. It would be wise to check these issues with a surveyor prior to committing yourself to a purchase.
My lawyer has informed me that lack of building regulations insurance is needed on my purchase. What is the level of cover for Beddington conveyancing?
The appropriate level of lack of building regulations indemnity insurance should be dictated by who your lender. It would differ for example between Lloyds TSB Bank and Bank of Scotland. Conveyancing solicitors as opposed to members of the public take out such insurances.
I can not fathom if my bank requires a lease extension. I have telephoned my Beddington bank branch on a couple of occasions and was reassured it wasn't a problem and they would lend. My Beddington conveyancing solicitor - who is on the lender conveyancing panel- telephoned and was told they refuse to lend based on their specific requirements. Who do I believe?
As long as the conveyancing practitioner is on the bank approved list, she or he must follow the CML Handbook requirements for the bank. Unless your lawyer obtains specific confirmation in writing that the lender 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 bank to contact your lawyer in writing confirming that they will accept the number of years remaining.
I used Stirling Law several years past for my conveyancing in Beddington. I now require my file however the law firm is no longer operating. What do I do?
You should call 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 Beddington of the conveyancing firm of solicitors you previously retained, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.
What tools are available to locate a Beddington solicitor on the Aldermore conveyancing panel? I have a car and am willing to travel upto 20miles to meet the lawyer.
Feel free to make use of the facility on this page. Please pick a mortgage company and your location and you will see a number of Beddington conveyancing lawyers based on proximity. We have detailed some Beddington conveyancing firms at the bottom of this page and you can telephone them to see whether they are on the Aldermore member panel
In my capacity as executor for the estate of my grandmother I am disposing of a house in Neath but live in Beddington. My lawyer (approximately 235 kilometers from merequires that I sign a stat dec before completion. Could you suggest a conveyancing solicitor in Beddington who can witness this legal document for me?
Technically speaking you are not likely to need to have the documents witnessed by a conveyancing solicitor. Normally any notary public or qualified solicitor will suffice regardless of whether they are based in Beddington
My brother-in-law has suggested I instruct a conveyancing solicitor in Beddington. I I would like to check if they are listed on the lender's approved list of lawyers. Could you or the lender confirm if they are on the panel?
One option is to contact the lawyer and ask them if they are on the bank's panel. If that does not help get in touch with us and we can make some checks for you. If they are not on the bank panel we can certainly arrange a specialist conveyancing solicitor in Beddington on the panel for your mortgage company.