Why do I have to pay up front for conveyancing in Charterhouse?
Where you are retaining lawyers for conveyancing in Charterhouse your solicitor will request that you put them with monies to cover the the cost of the conveyancing searches. This will be the total of the cost of the conveyancing searches. If any deposit is payable against the total price then this will be needed immediately in advance of contracts are exchanged. The closing balance that is due will be payable a couple of days ahead of the completion date.
My lawyer in Charterhouse is not listed on the Halifax Approved Panel. Can I still retain my prefered solicitor even though they are excluded from the Halifax list of approved lawyers?
Your options are as follows:
- Complete the purchase with your preferred Charterhouse lawyers but Halifax will need to use a solicitor on their list of acceptable firms. This will inevitably rack up the overall conveyancing charges as well as cause frustration.
- Choose an alternative practitioner to act in the purchase, obviously checking they are Halifax approved.
- Persuade your Halifax based solicitor to try to join the Halifax panel
My wife and I have organised the release of further monies on our home loan from Kent Reliance as we want to conduct alterations to our home in Charterhouse. Are we obliged to appoint a nearby Charterhouse solicitor on the Kent Reliance conveyancing panel to handle the paperwork?
Kent Reliance don't usually require firms on their conveyancing panel to deal with such a matter. If they do require any legal work then you would need to ensure that such a lawyer was on the Kent Reliance panel.
I am selling my house. I had a double glazing fitted in April 2008, but did not receive a FENSA certificate or Building Regulation Certificate. My purchaser’s mortgage company, Virgin Money are being a right pain. The Charterhouse solicitor who is on the Virgin Money conveyancing panel is saying indemnity insurance will be fine but Virgin Money are insisting on a building regulation certificate. Why do Virgin Money have a conveyancing panel if they don't accept advice from them?
It is probably the case that Virgin Money have referred the matter to their valuer. The reason why Virgin Money may not want to accept indemnity insurance is because it does not give them any reassurance that the double glazing was correctly and safely installed. The indemnity insurance merely protects against enforcement action which is very unlikely anyway.
I have finally had an offer on a maisonette in Charterhouse agreed to, but there is a chain. The sellers have offered on a flat, however it’s not yet agreed to, and have viewings of other flats booked. I have instructed a high street conveyancing solicitor in Charterhouse. What do I do now? At what point do I apply for the mortgage with TSB?
It is normal to have concerns where there is a chain as you are unlikely to want to be too out of pocket prematurely (home loan application is in the region of £1k, then survey, Charterhouse conveyancing search fees, etc). First, you should check that your lawyer is on the TSB approved list. As to the next phase this very much dictated by the specifics of your transaction, attraction to this property and on the state of the market. In a rising market the majority of home buyers will apply for a home loan with TSB and arrange for the valuation and only if it comes back ok would they ask their conveyancing practitioner to press on with the conveyancing in Charterhouse.
Yesterday I discovered that there is a flying freehold issue on a property I have offered on a fortnight ago in what should have been a simple, no chain conveyancing. Charterhouse is where the house is located. What do you suggest?
Flying freeholds in Charterhouse are not the norm but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Charterhouse you would need to get your solicitor to go through the deeds very carefully. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Charterhouse may decide 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.
Is it best to instruct a Charterhouse conveyancing solicitor who is local to the property I am purchasing? An old friend can execute the legal work however his firm is located 300kilometers drive away.
The benefit of a high street Charterhouse conveyancing firm is that you can visit the firm to execute documents, hand in your ID and pester them where appropriate. They will also have local intelligence which is a bonus. However nothing is more important than finding someone that will do a good and efficient job. If you know people who instructed your friend and they were content that should surpass using an unknown Charterhouse conveyancing lawyer just because they are round the corner.
If all goes to plan we aim to complete the disposal of our £325,000 maisonette in Charterhouse next Thursday. The freeholder has quoted £324 for Certificate of Compliance, building insurance schedule and 3 years service charge statements. Is it legal for a freeholder to charge an administration fee for a flat conveyance in Charterhouse?
Charterhouse conveyancing on leasehold apartments ordinarily necessitates administration charges raised by management companies :
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Answering conveyancing due diligence questions
Where consent is required before sale in Charterhouse
Supplying insurance information
Deeds of covenant upon sale
Registering of the assignment of the change of lessee after a sale
I have attempted and failed to negotiate with my landlord to extend my lease without getting anywhere. Can I apply to the Leasehold Valuation Tribunal? Can you recommend a Charterhouse conveyancing firm to act on my behalf?
Most certainly. We are happy to put you in touch with a Charterhouse conveyancing firm who can help.
An example of a Lease Extension decision for a Charterhouse premises is Flat 89 Trinity Court Grays Inn Road in February 2013. the Tribunal found that the premium to be paid by the tenant on the grant of a new lease, in accordance with section 56 and Schedule 13 to the Leasehold Reform, Housing and Urban Development Act 1993 should be £36,229. This case affected 1 flat. The unexpired lease term was 66.8 years.