I am buying a brand new flat in Brunswick Park and my lawyer is informing me that she has to the mortgage company to reveal incentives from the builder. The Estate Agents are hassling me to sign contracts and I have no desire to delay deal. is my lawyer playing by the book?
You should not exchange unless you have been advised to do so by your solicitor. A precondition to being on a mortgage company panel is to comply with the UK Finance Lenders’ Handbook specifications. The CML Conveyancing Handbook requires that your lawyer have the appropriate Disclosure of Incentive form completed by the developer and accepted by your lender.
How up to date is your database of Brunswick Park solicitors on the Yorkshire BS conveyancing panel? Do Yorkshire BS send you an updated list?
Brunswick Park conveyancing firms themselves provide us confirmation that they are on the Yorkshire BS conveyancing panel as opposed to being supplied with a list from Yorkshire BS directly.
I am looking to buy a flat and require a conveyancing solicitor in Brunswick Park who is on the Accord Mortgages Ltd conveyancing. Could you point me in the right direction as regards a conveyancing firm?
Our service is limited to being a directory service for firms who wish to listed as being on the approved conveyancing panel for Accord Mortgages Ltd in certain locations such as Brunswick Park. We dont recommend any particular firm.
Are there restrictive covenants that are commonly picked up as part of conveyancing in Brunswick Park?
Restrictive covenants can be picked up when reviewing land registry title as part of the legal transfer of property in Brunswick Park. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
In what way can the Landlord & Tenant Act 1954 impact my commercial premises in Brunswick Park and how can your lawyers assist?
The particular law that you refer to provides security of tenure to business leaseholders, giving them the dueness to apply to court for a new tenancy and remain in occupation when the lease comes to an end. There are limited grounds where a landlord can refrain from granting a lease renewal and the rules are complicated. Fees are different for commercial conveyancing. Brunswick Park is one of our many areas of the UK in which the firms we work with are located
After months of dialogue we simply can't agree with our landlord on how much the lease extension should cost for our flat in Brunswick Park. Can we issue an application to the Residential Property Tribunal Service?
in cases where there is a missing freeholder 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 determine the amount due.
An example of a Freehold Enfranchisement matter before the tribunal for a Brunswick Park property is 23 Beaconsfield Road in July 2013. The Tribunals decided that the amount payable was £31,203 for the freehold. This case related to 2 flats. The unexpired term as at the valuation date was 70.31 years.
What makes a Brunswick Park lease unacceptable for security purposes?
There is nothing unique about leasehold conveyancing in Brunswick Park. Most leases are drafted differently and drafting errors can sometimes mean that certain sections are not included. For example, if your lease is missing any of the following, it could be defective:
A duty to insure the building Clauses dealing with recovering service charges for expenditure on the building or common parts.
A defective lease will likely cause issues when trying to sell a property as they can affect a potential buyer’s ability to obtain a mortgage. National Westminster Bank, Leeds Building Society, and Alliance & Leicester all have express requirements when it comes to what is expected in a lease. If a mortgage lender believes that the lease is problematic they may refuse to provide security, forcing the purchaser to withdraw.