My financial adviser has requested my Chantry lawyer’ panel reference for the Nat West conveyancing panel. What is the best way to obtain this. I have e-mailed my local Chantry office but they have not responded to me.
Have you tried contacting your Chantry lawyer about this?. Most Chantry conveyancing firms will retain a file or database of lender panel information which would include, if applicable, their conveyancing panel details for each bank.
I have given 2 months notice to my current landlord and must vacate my let out flat in Chantry by the end of next month. Conveyancing for my house purchase is underway. How realistic is it to complete in a couple of weeks as I wish to avoid having to find temporary accommodation?
The normal practice is not to provide notice on a rental until you have exchanged. If you have not previously done so, contact to your conveyancer and urge them to they seek the assistance the sellers lawyers, try to an acceptable time-line that all parties will aim to achieve
I've recently found out that there is a flying freehold issue on a property I have offered on last month in what should have been a quick, chain free conveyancing. Chantry is where the house is located. Is there any guidance you can give?
Flying freeholds in Chantry are not the norm but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Chantry you must be sure that your lawyer goes through the deeds diligently. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Chantry may ascertain that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold residence.
I need to instruct a conveyancing solicitor for leasehold conveyancing in Chantry. I happened to chance upon a web site which seems to have the ideal solution If it is possible to get all the legals completed via web that would be ideal. Do I need to be wary? What should out be looking out for?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?
When it comes to leasehold conveyancing in Chantry what are the most common lease problems?
There is nothing unique about leasehold conveyancing in Chantry. Most leases are unique and drafting errors can result in certain clauses are erroneous. The following missing provisions could result in a defective lease:
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Insurance obligations
A defective lease can cause problems when trying to sell a property primarily because it impacts on the ability to obtain a mortgage on the property. Lloyds TSB Bank, The Royal Bank of Scotland, and Clydesdale all have express requirements when it comes to what is expected in a lease. Where a lender has been advised by their lawyers that the lease does not cover certain provisions they may refuse to grant the mortgage, forcing the purchaser to withdraw.
I invested in buying a 1 bedroom flat in Chantry, conveyancing was carried out in 2000. Can you let me have an estimated range of the fair premium for a lease extension? Equivalent properties in Chantry with an extended lease are worth £201,000. The ground rent is £45 charged once a year. The lease ends on 21st October 2090
You have 64 years unexpired the likely cost is going to be between £14,300 and £16,400 plus costs.
The suggested premium range above a general guide to costs for extending a lease, but we cannot give you a more accurate figure without more comprehensive due diligence. You should not use the figures in tribunal or court proceedings. There are no doubt additional concerns that need to be taken into account and you obviously should be as accurate as possible in your negotiations. Neither should you move forward placing reliance on this information without first seeking the advice of a professional.
My mother and father cant seem to find their Chantry land registry title on the site. They recall that back in the 70’s when they bought the house there were complications regarding the address not being recognised in some systems.
The vast majority of premises in Chantry should be revealed. Have you endevoured to search with simply the postcode. Normally it will disclose all the residences inside that postcode. Assuming the property is registered it will show up with a title number. If they bought back in the 70’s it's conceivable it may be not yet registered. The property could still be revealed but with the title number shown 'na'. In this scenario you will need to track down the original title papers which might be with your parent’s lender.