We see that you have a post code search directory listing law firms on the Aldermore conveyancing panel. Do firms pay you a commission if I appoint them for our conveyancing in Carlton?
We are a listing service only for law firms wishing to communicate if they are on the Aldermore conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Carlton.
I had intended to instruct a property lawyer in Carlton for our house move. Our financial adviser has since advised us that our mortgage lenders Alliance & Leicester won't deal with them. Why is this not regarded as unfair competition?
Lenders ordinarily imposes restrictions either the type or the amount of conveyancing solicitors on their member panel. A common example of such criteria being that a law practice must not be a sole practitioner. As well as restricting the profile of firm, some have reduced the number of solicitor practices they permit to act for them. You should note that Alliance & Leicester have no responsibility for the quality of advice provided by any member of Alliance & Leicester Conveyancer Panel. Mortgage fraud was a key driver in the rationalisation of conveyancing panels since 2008 even though there remains differing opinions about the level of solicitor involvement in some of that fraud. Statistics from the Land Registry reveal that plenty of law firms, including some in or near Carlton only carry out one or two conveyances a year.
It has been five months since my purchase conveyancing in Carlton completed. I have checked the Land Registry website which shows that I paid £175,000 when infact I paid £180,000. 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.
How do I use your search tool to locate a conveyancing solicitor in Carlton on the approved list for my bank?
First choose a mortgage company such as Birmingham Midshires, Leeds Building Society or Aldermore then specify your location a common one being Carlton. Conveyancing practices in Carlton and further afield should be shown.
My wife and I purchased a leasehold flat in Carlton. Conveyancing and Coventry Building Society mortgage are in place. A letter has just been received from someone saying they have taken over the reversionary interest in the property. Attached was a demand for arrears of ground rent dating back to 1998. The conveyancing solicitor in Carlton who previously acted has long since retired. Do I pay?
First make enquiries of HMLR to be sure that this person is in fact the new freeholder. There is no need to instruct a Carlton conveyancing firm to do this as you can do this on the Land Registry website for less than a fiver. Rest assured that in any event, even if this is the legitimate landlord, under the Limitation Act 1980 no more than 6 years of rent can be collected.
Carlton Leasehold Conveyancing - A selection of Questions you should ask before buying
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Does the lease have onerous restrictions? Is there a share of the freehold? Many Carlton leasehold flats will incur a service charge for the upkeep of the building invoiced on behalf of the management company. If you buy the apartment you will have to pay this contribution, usually periodically throughout the year. This could be anything from a few hundred pounds to thousands of pounds for bigger purpose-built buildings. In all probability there will be a rentcharge for you to pay annual, ordinarily this is not a large amount, say about £50-£100 but you need to enquire it because sometimes it could be many hundreds of pounds.
Do online conveyancing companies cover everything a local Carlton solicitor does or must I employ a solicitor for the final stages for my conveyancing in Carlton?
If you use an online conveyancer they will cover all the tasks your Carlton conveyancer would cover.