I have 7378 less than 75 years remaining on my lease and need a lease extension for my flat in Billericay. Conveyancing solicitors on the Chelsea Building Society panel can deal with such extensions correct?
Most leasehold conveyancing experts should be able to deal with a lease extension. if you are getting a mortgage then your lender may insist that the lease be extended before competition. Chelsea Building Society have specific requirements as set out in the UK Finance Lenders’ Handbook in relation to minimum unexpired lease terms. As of 18/7/2024 the requirements read as follows :
Is it the case that all Billericay CQS (Conveyancing Quality Scheme) solicitors are on the Leeds Building Society conveyancing list of approved practices?
Some major banks and building societies now use the accreditation scheme as the starting point for Panel membership such as HSBC and Santander. The Law Society’s CQS membership however is no guarantee to lender panel acceptance. Nevertheless,the CML have indicated that it is likely to become a pre-requisite for firms wishing to remain on their approved list of firms.
Is it the case that all Billericay solicitors on the Kent Reliance conveyancing panel are governed by the Solicitors Regulatory Authority?
As solicitors, in order to be on the Kent Reliance approved list of solicitors they would need to be regulated by the SRA. The majority of mortgage companies do permit licenced conveyancers on their panel in which case such practice would be regulated by the CLC.
I have instructed a Billericay lawyer having checked that they are on the Nationwide conveyancing panel. Does my lawyer arrange the survey of the property?
Nationwide will need an independent valuation of the property. Your lawyer will not arrange this. Usually Nationwide will appoint their own surveyor to do this, and you will have to pay for it. Remember that this is a valuation for mortgage purposes and not a survey. Your solicitor will not organise the survey but they may be able to put you in touch with a local one that they recommend. RICS offers a find a surveyor service (just google it) where you can search for a qualified surveyor by your Billericay postcode. As you are getting a mortgage with Nationwide, you could contact them to see if they have a list of approved surveyors in Billericay.
Due to the encouragement of my in-laws I had a survey completed on a property in Billericay prior to appointing conveyancers. I have been told that there is a flying freehold aspect to the property. Our surveyor has said that some banks tend refuse to issue a loan on this type of house.
It depends who your proposed lender is. Santander has different instructions from Halifax. If you call us we can look into this further with the appropriate lender. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Billericay. Conveyancing will be smoother if you use a solicitor in Billericay especially if they regularly deal with such properties in Billericay.
I am a sole trader hoping to lease a unit on the high street. Can you recommend conveyancers offering no-sale-no charges for commercial conveyancing in Billericay for under £1,200?
We are happy to recommend firms who host a wealth of experience of commercial conveyancing in Billericay, including the sale and purchase of businesses as well as simply premises. If you are looking to buy or dispose of a shop, pub, restaurant, office, retail unit or a complete business we can put you in touch with the right lawyer. As for the charges these will vary based on the structure and heads of terms of the proposed transaction. Please provide us with your details or phone us so that we may supply you with a detailed commercial conveyancing calculation.
I am thinking of appointing a conveyancing practitioner in Billericay for my purchase. Can I see a firm’s complaints history with the profession’s regulator?
Anyone may read published Solicitor Regulator Association (SRA) determinations resulting from investigations started on or after Jan 2008. Go to Check a solicitor's record. To find information about the period before 1 January 2008, or to check a firm's record, phone 0870 606 2555, 08.00 - 18.00 any week day save for Tuesday when lines open at 9.30am. For callers outside the UK, use +44 (0)121 329 6800. The SRA may monitor telephone calls for training reasons.
I am soon to complete buying a property in Billericay but as a consequence of wreckage from the recent storms I have negotiated recompense from the seller of five thousand pounds taking the form of a adjustment in the price. This was going to be dealt with as part of the conveyancing process however the mortgage company will not permit this. Should they have been notified?
Your property lawyer listed on the bank approved list is duty bound to advise the lender of any changes to the purchase figure. If you were to refuse your conveyancing practitioner to notify the price change to your mortgage company then they would have to refrain from acting for you and the lender.