I have just been advised by my financial adviser that my Caddington the law firm I have appointed is not on the lender Conveyancing panel. How can I be certain if this is indeed the case?
The sensible course of action for you to take is to call your Caddington lawyer directly. It is reasonable to expect your lawyer to inform you what has happened. Where they are not on the panel they may be able to suggest a Caddington conveyancing firm that is on the conveyancing panel for your bank.
What is the first thing I need to know about purchase conveyancing in Caddington?
You may not hear this from too many lawyers but conveyancing in Caddington and elsewhere in England and Wales is often a confrontational process. In other words, when it comes to conveyancing there exists plenty of room for friction between you and others involved in the ownership transfer. For instance, the seller, selling agent and on occasion a lender. Choosing a law firm for your conveyancing in Caddington should not be taken lightly as your conveyancer is your adviser, and is the SOLE party in the legal process whose role it is to look after your best interests and to protect you.
On occasion a third party with a vested interest may attempt to persuade you that you should follow their advice. As an example, the property agent may claim to be helping by suggesting your solicitor is wrong. Or your financial adviser may try to convince you to do take action that is against your solicitors recommendation. You should always trust your lawyer above all other parties when it comes to the legal transfer of property.
It has been 4 months following my purchase conveyancing in Caddington completed. I have checked the Land Registry site which shows that I paid £175,000 when infact I paid £215,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the asset from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
As co-executor for the estate of my grandfather I am selling a house in Neath but reside in Caddington. My solicitor (who is 235 kilometers awayneeds me to sign a statutory declaration prior to the transaction finalising. Could you suggest a conveyancing solicitor in Caddington to witness and place their company stamp on the document?
strictly speaking you are not likely to be required to have the documents witnessed by a conveyancing solicitor. Ordinarily any notary public or qualified solicitor will suffice regardless of whether they are located in Caddington
I have recently realised that I have Sixty One years unexpired on my flat in Caddington. I now want to get lease extension but my freeholder is missing. What options are available to me?
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 demonstrate that you or your lawyers have made all reasonable attempts to find the freeholder. For most situations a specialist would be useful to carry out a search and prepare a report to be accepted by the court as evidence that the freeholder can not be located. It is wise to seek advice from a property lawyer both on investigating the landlord’s disappearance and the vesting order request to the County Court covering Caddington.
I am the registered owner of a 1st floor flat in Caddington, conveyancing formalities finalised February 1999. Can you shed any light on how much the price could be for a 90 year extension to my lease? Comparable properties in Caddington with over 90 years remaining are worth £211,000. The average or mid-range amount of ground rent is £45 invoiced annually. The lease terminates on 21st October 2091
With 67 years unexpired we estimate the premium for your lease extension to be between £10,500 and £12,000 as well as legals.
The figure above a general guide to costs for extending a lease, but we cannot give you the actual costs without more detailed due diligence. Do not use this information in a Notice of Claim or as an informal offer. There may be other concerns that need to be taken into account and clearly you should be as accurate as possible in your negotiations. Neither should you take any other action based on this information before getting professional advice.
I see that you have a search directory listing law firms on the bank conveyancing panel. Do Caddington conveyancing firms pay you a referral fee if I appoint them for my house purchase?
We are a listing service only for law firms wishing to communicate if they are on the lender conveyancing panel or other lender panels. We do not charge referral fees to the any conveyancer that you subsequently appoint for your conveyancing in Caddington.