My mortgage broker requires my Biggin Hill solicitor’s panel reference for the Nationwide conveyancing panel. What is the best way to find this out. I have tried my local Biggin Hill branch but they have not got back to me yet.
The sensible thing to do is ask for this information from your Biggin Hill solicitor . They retain a central record lender panel numbers.
What is the difference between a licensed conveyancer and conveyancing solicitor in Biggin Hill
Two types of professional can execute conveyancing in Biggin Hill namely CLC regulated conveyancers or solicitors. The two can administer conveyancing services that you need to complete the sale or purchase of property. Both are required to carry out Biggin Hill conveyancing to the same standards and guidelines so you can be safe in the knowledge that your conveyancing will be professionally administered and that the requirements and procedures should be suitably adhered to.
I have today made my last payment due on my mortgage with Santander. I assume I don't need a Biggin Hill conveyancing practitioner on the Santander panel to discharge the mortgage at the Land Registry. Please confirm.
If you have finished paying off your Santander 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 Santander mortgage from the register. Santander, 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 Santander has sent the Land Registry the discharge electronically, and
- Santander has instructed the Land Registry to do so
Intending to buy a house in Biggin Hill. 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 Co-operative 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 Biggin Hill lawyer is on the Co-operative conveyancing panel.
I have recentlyfound out that Action Conveyancing have closed. They carried out my conveyancing in Biggin Hill for a purchase of a leasehold flat 10 months ago. How can I be sure that my home is not still registered in the name of the former proprietor?
The quickest method to see if the premises is registered to you, you can carry out 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 Biggin Hill conveyancing specialists.
Over the last few months I have been searching for a leasehold apartment up to £305k and identified one close by in Biggin Hill I like with a park and railway links in the vicinity, however it only has 52 remaining years left on the lease. I can't really find anything else in Biggin Hill suitable, so just wondered if I would be making a mistake purchasing a short lease?
If you require a home loan the remaining unexpired lease term will likely be problematic. Reduce the offer by the anticipated lease extension will cost if it has not already been discounted. If the existing proprietor has owned the property for a minimum of twenty four months you can request that they commence the lease extension formalities and pass it to you. An additional ninety years can be extended on to the existing lease term and have £0 ground rent by law. You should speak to your conveyancing solicitor regarding this matter.
I have recently realised that I have Seventy years left on my flat in Biggin Hill. I need to get lease extension but my landlord is absent. What are my options?
On the basis that you meet the appropriate requirements, under the Leasehold Reform, Housing and Urban Development Act 1993 you can submit an application to the County Court for an order to dispense with the service of the initial notice. This will enable the lease to be granted an extra 90 years by the magistrate. You will be obliged to prove that you have used your best endeavours to locate the landlord. In some cases a specialist should be useful to try and locate and prepare an expert document to be used as evidence that the landlord can not be located. It is advisable to get professional help from a property lawyer both on investigating the landlord’s disappearance and the application to the County Court covering Biggin Hill.
We have reached the end of our tether in trying to purchase the freehold in Biggin Hill. Can the Leasehold Valuation Tribunal adjudicate on premiums?
Absolutely. We are happy to put you in touch with a Biggin Hill conveyancing firm who can help.
An example of a Lease Extension decision for a Biggin Hill property is 1 Southlands Court Southlands Road in September 2013. The Leasehold Valuation Tribunal determined that the premium to be paid by the tenant on the grant of a new lease, in accordance with section 56 and Schedule 13 of the Leasehold Reform, Housing and Urban Development Act 1993 was £30,541 This case affected 1 flat. The unexpired term was 50.57 years.
Me and my wife are selling a Biggin Hill flat we inherited 5 years ago in 2009. I have over a decades worth of conveyancing knowledge and, although retired, wish to conduct my own conveyancing. The buyer's solicitor has informed me that their Lenders will not allow you to do your own conveyancing insisting the funds to be sent to a solicitor's bank account.
Lending instructions to conveyancing practitioners from all mainstream lenders specify that If the vendor is not legally represented the buyer’s lawyers should check whether the lender needs to be informed so that a decision can be made as to whether or not they are willing to proceed.