I am progressing with the sale of my house in Chorlton cum Hardy and the estate agent has just text me to say that the purchasers are appointing a new conveyancer. The reason given is that the bank will only engage with property lawyers on their conveyancing panel. Why would a major mortgage company only deal with certain solicitors rather the firm that they want to select to handle their conveyancing in Chorlton cum Hardy ?
Lenders have always had panels of law firms that can represent them, but in the last few years big names such as Nationwide, have considered and reduced their conveyancing panel– in some cases removing conveyancing firms who have represented them for many years.
Lenders point to the increase in fraud by way of justification for the pruning – criteria have been tightened as a smaller panel is easier to monitor. No lender will say how many solicitors have been dropped, claiming the information is commercially sensitive, but the Law Society says it is being contacted daily by practices that have been removed from panels. Some are unaware that they have been dropped until contacted by a borrower who has instructed them as might be the situation in your buyers' case. The purchasers are not going to have any sway in the decision.
Do the conveyancing solicitors identified via your search tool execute attended exchange conveyancing in Chorlton cum Hardy?
We do have a number of conveyancing experts who can conduct attended exchanges. You should contact us to secure a conveyancing quote and details as to availability.
2 months have elapsed since my purchase conveyancing in Chorlton cum Hardy took place. I have checked the Land Registry site 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.
I am buying a new build apartment in Chorlton cum Hardy. Conveyancing is daunting 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 are examples of a selection of leasehold new build enquiries that you can expect your new-build leasehold conveyancing in Chorlton cum Hardy
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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 the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? The Vendor must covenant to keep unsold units in good repair until long leases are granted therefore. Please provide evidence that the form of Lease proposed has been approved by the Land Registry.
Am I better off to go with a Chorlton cum Hardy conveyancing lawyer who is local to the property I am buying? An old friend can perform the legal work however her office is a couple of hundredkilometers away.
The primary upside of using a high street Chorlton cum Hardy conveyancing practice is that you can visit the firm to sign paperwork, present your identification documents and pester them where appropriate. They will also have local insight which is a bonus. That being said nothing is more important than finding someone that will pull out all the stops for you. If you know people who instructed your friend and they were impressed that must outweigh using an unfamiliar Chorlton cum Hardy conveyancing lawyer just because they are Chorlton cum Hardy based.
I own a leasehold flat in Chorlton cum Hardy. Conveyancing and Chelsea 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. It included a ground rent demand for rent dating back to 1997. The conveyancing solicitor in Chorlton cum Hardy who acted for me is not around. What should I do?
First make enquiries of the Land Registry to be sure that this person is in fact the new freeholder. You do not need to instruct a Chorlton cum Hardy conveyancing practitioner to do this as you can do this on the Land Registry website for £3. Rest assured that regardless, even if this is the rightful freeholder, under the Limitation Act 1980 the limitation period for recovery of ground rent is six years.
Chorlton cum Hardy Conveyancing for Leasehold Flats - Sample of Queries Prior to buying
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Can you tell me if there are any major works in the near future that could increase the maintenance costs? Does the lease have onerous restrictions? Is the freehold reversion owned jointly by the tenants?