My financial adviser has requested my Chase Side lawyer’ panel reference for the HSBC conveyancing panel. How do I discover this. I have contacted my local Chase Side office but they don't know it.
Have you tried calling your Chase Side property lawyer about this?. Most Chase Side law firms will retain a file or database of lender panel information which would include, if applicable, their conveyancing panel details for each bank.
I am assisting my mother sell her house in Chase Side. Does the solicitor order an energy performance certificate or do I organise this?
Following the demise of Home Packs, EPC’s was kept a compulsory element of moving house. An energy assessment should be to hand before the property is advertised. It is not as aspect of the sale process that lawyers normally arrange. Where you are using a Chase Side conveyancing solicitor they may be willing to arrange EPC’s due to their contacts with reputable Chase Side assessors
I just bought a flat at auction in Chase Side. Conveyancing is necessary. What is next?
Now that you are exchanged you should retain a conveyancing lawyer soon as you are facing a pending deadline in which to complete the purchase. Every auction property will have an associated auction pack. This should include evidence of title and search results. If you have purchased leasehold premises the legal pack should provide a copy of the lease, management information and a sellers leasehold information form and associated conveyancing documentation specific to a leasehold property. You must hand this to your appointed conveyancing solicitor as soon as possible. You also need to ensure that your finances are organised to complete on the on the contractual date .
At last I have had an offer on a flat in Chase Side agreed to, the vendors do however have a dependent purchase. The owners have put an offer on a property, however it’s not been accepted yet, and have viewings of other properties in the pipeline. I have chosen a nearby conveyancing solicitor in Chase Side. What do I do now? When do I get the mortgage application with UBS started?
It is normal to have apprehensions where there is a chain as you are unlikely to want to incur expenses too early (mortgage application is approx £1k, then survey, Chase Side conveyancing search fees, etc). First, you must check that your solicitor is on the UBS conveyancing panel. Concerning the subsequent stages this very much depends on the uniqueness of your transaction, motivation for the property and on the state of the market. In a hot market the majority of buyers would apply for the mortgage with UBS and pay for the valuation and only if it comes back ok would they request their property lawyer to proceed with searches.
I am buying a new build apartment in Chase Side. Conveyancing is a frightening process at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build conveyancing.
Set out below is a sample of a selection of leasehold new build enquiries that you should expect your new-build leasehold conveyancing in Chase Side
Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose? Where service of notices and proceedings can be at the property demised please confirm that this can be amended to include simultaneous services at the Lessees’ solicitors’ offices where the Lessee from time to time is not resident in the UK - such solicitors may be varied by notice in writing to the Landlord from time to time but otherwise will be as previously specified. Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier? The Vendor must covenant to keep unoccupied units in good repair until long leases are granted therefore. The Lease must contain a provision on behalf of the Vendor to pay the service charges in respect of unoccupied units in order to ensure that all services can be provided.
I am looking for a ground for flat up to £245,000 and found one close by in Chase Side I like with open areas and station nearby, however it's only got 49 years on the lease. I can't really find anything else in Chase Side in this price bracket, so just wondered if I would be making a grave error acquiring a lease with such few years left?
Should you require a mortgage that many years will likely be a potential deal breaker. Discount the offer by the expected lease extension will cost if not already taken into account. If the current proprietor has owned the premises for at least 2 years you may ask them to start the process of the extension and pass it to you. You can add 90 years to the existing lease and have £0 ground rent by law. You should consult your conveyancing lawyer concerning this.
My father-in-law has recommend that I instruct his lawyers for conveyancing in Chase Side. Should I use them?
No doubt it’s preferable to find a conveyancing practitioner is to get guidance from friends or relatives who have actually experience in using the solicitor that you are considering.
I am a negotiator for a reputable estate agent office in Chase Side where we see a few leasehold sales derailed due to short leases. I have received conflicting advice from local Chase Side conveyancing solicitors. Can you clarify whether the seller of a flat can commence the lease extension process for the buyer?
Provided that the seller has owned the lease for at least 2 years it is possible, to serve a Section 42 notice to commence the lease extension process and assign the benefit of the notice to the purchaser. The benefit of this is that the buyer can avoid having to sit tight for 2 years to extend their lease. Both sets of lawyers will agree to form of assignment. The assignment has to be done prior to, or at the same time as completion of the sale.
Alternatively, it may be possible to agree the lease extension with the freeholder either before or after the sale. If you are informally negotiating there are no rules and so you cannot insist on the landlord agreeing to grant an extension or transferring the benefit of an agreement to the buyer.
I have given up seeking a lease extension in Chase Side. Can this matter be resolved via the Leasehold Valuation Tribunal?
if there is a missing landlord or where there is dispute about what the lease extension should cost, under the Leasehold Reform, Housing and Urban Development Act 1993 you can apply to the LVT to make a decision on the price payable.
An example of a Freehold Enfranchisement decision for a Chase Side residence 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.