My Cubitt Town lawyer has identified a discrepancy when comparing the assumptions in the valuation survey and what is revealed within the legal papers for the property. My solicitor says that he is obliged to check that the lender is happy with this discrepancy and is still content to lend. Is my conveyancer’s stance correct?
Your lawyer must comply with the UK Finance Lenders’ Handbook provisions which do require that your lawyer disclose any incorrect assumptions in the lender’s valuation report and the legal papers. Should you refuse to allow your lawyer to make the appropriate notification then your lawyer will have no choice but to discontinue acting for both parties.
We wanted to use a property lawyer in Cubitt Town for our home move. Our broker has since notified us that our mortgage lenders Santander won't deal with them. Surely this is unfair competition?
A mortgage company can insist on a panel solicitor act for it. You would be liable to meet the cost of this. Please make use of our tool to find a solicitor to carry conveyancing in Cubitt Town on the Santander approved list of solicitors.
I moved into my apartment on 11 October and the transaction details are still not registered. Should I be concerned? My conveyancing solicitor in Cubitt Town expressed confidence that it will be concluded in less than a month. Are transfers in Cubitt Town particularly slow to register?
As far as conveyancing in Cubitt Town registration is no quicker or slower than the rest of England and Wales. Rather than based on location, timescales can vary according to who lodges the application, whether it is in order and if the Land registry must send notices to any other persons or bodies. Currently approximately three quarters of such applications are fully addressed within 12 days but some can be subject to longer delays. Historically registration takes place after the new owner is living at the premises thus an expedited registration is not usually primary concern but if it is urgent that the the registration takes place urgently then you or your lawyers can speak with the land registry and explain the circumstances.
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 quick, chain free conveyancing. Cubitt Town is where the house is located. Can you offer any opinion?
Flying freeholds in Cubitt Town are not the norm but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Cubitt Town you would need to get your solicitor to go through the deeds diligently. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Cubitt Town 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 premises.
I've found a house that seems to meet my requirements, at a great figure which is making it all the more appealing. I have just found out that the title is leasehold rather than freehold. I would have thought that there are particular concerns buying a house with a leasehold title in Cubitt Town. Conveyancing lawyers have are soon to be instructed. Will my lawyers set out the risks of buying a leasehold house in Cubitt Town ?
Most houses in Cubitt Town are freehold rather than leasehold. In this scenario it’s worth having a local conveyancer who is familiar with the area who can assist with the conveyancing process. We note that you are buying in Cubitt Town in which case you should be looking for a Cubitt Town conveyancing practitioner and be sure that they are used to dealing with leasehold houses. First you will need to check the unexpired lease term. As a lessee you will not be at liberty to do whatever you want to the property. The lease will likely included provisions such as obtaining the freeholder’sconsent to conduct changes to the property. It may be necessary to pay a service charge towards the upkeep of the estate where the property is located on an estate. Your lawyer should advise you fully on all the issues.
I have given up trying to purchase the freehold in Cubitt Town. Can this matter be resolved via the Leasehold Valuation Tribunal?
Absolutely. We are happy to put you in touch with a Cubitt Town conveyancing firm who can help.
An example of a Freehold Enfranchisement decision for a Cubitt Town flat is 12, 14 & 16 Hull Close in May 2010. the Tribunal determined that the premium payable for the acquisition of the freehold to the subject premises was the sum of £18,300 This case was in relation to 3 flats. The number of years remaining on the existing lease(s) was 101.61 years.
How do I find the right lawyer for my conveyancing in Cubitt Town ?
Option 1 is to ask the people you trust they would would instruct. Option 2 is to search the web for conveyancing in Cubitt Town. Phone two or three from the list and request that they email you their conveyancing fees and speak to the lawyer who will conduct your conveyancing before you commit. Third is to use our search tool to help you find the right lawyers for you based on your unique requirements including location,speed, complexity and who your intended mortgage company is.Resist the temptation to appoint £99 conveyancing solicitors in Cubitt Town