I am hoping to receive a mortgage with Nat West. I would like to use a Licensed Conveyancer in Durham. Does the Nat West Solicitor panel allow for Licensed Conveyancers?
The Nat West approved solicitor list is, like many other lenders, associated to the Council or Mortgage Lenders or Building Society Association, open to Licensed Conveyancers regulated by the CLC.
My wife and I have recently appointed a conveyancing solicitor in Durham. I need to find out whether they are accepted on the Nottingham Building Society conveyancing panel. Could you advise?
The first thing you should do is e-mail your solicitor and ask them whether they can act for the bank. Otherwise please get in touch with Nottingham Building Society who may be able to help.
3 months have elapsed following my purchase conveyancing in Durham took place. I have checked the Land Registry website which shows that I paid £200,000 when infact I paid £160,000. 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 residence 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.
My business partner and I are planning to take over a lease of an office on the high street. Can you recommend solicitors offering fixed charges for non-domestic conveyancing in Durham for below £1,200?
We can recommend firms who host a wealth of experience of commercial conveyancing in Durham, including the disposal and acquisition of businesses as well as simply premises. If you are hoping to acquire or dispose of a shop, pub, restaurant, office, retail unit or a complete business we will find you the right lawyer. Regarding the fees these will vary based on the structure and nuances of the proposed transaction. Let us have your details or phone so as to enable us to provide you with a fixed commercial conveyancing calculation.
There are only 72 years unexpired on my lease in Durham. I now wish to extend my lease but my landlord is absent. What should I do?
If you meet the appropriate requirements, under the Leasehold Reform, Housing and Urban Development Act 1993 you can submit an application to the County Court for for permission to dispense with the service of the initial notice. This will mean that your lease can be lengthened by the magistrate. You will be obliged to demonstrate that you have used your best endeavours to locate the lessor. For most situations an enquiry agent should be helpful to try and locate and prepare a report to be used as proof that the freeholder is indeed missing. It is advisable to get professional help from a solicitor both on proving the landlord’s absence and the application to the County Court covering Durham.
Durham Leasehold Conveyancing - Sample of Queries before buying
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This question is helpful as a) areas could cause problems for the block as the common areas may start to deteriorate where services remain unpaid b) if the tenants have a dispute with the running of the building you will want to have full disclosure It would be prudent to find out if there is anything that is prohibited in the lease. By way of example it is reasonably common in Durham leases that pets are not permitted in in a block in Durham. If you love the propertyin Durham but your dog can’t move with you then you will be presented with a hard decision. Does the lease have onerous restrictions?
Is there a reason that Durham conveyancing charges differ for leasehold and freehold properties?
Inevitably there is more work needed for leasehold conveyancing. Durham has many leasehold properties. There is more time involved in the purchase: for example, the lease and leasehold information (including up to date service charge, ground rent and buildings insurance details) obtained from the freeholder or managing agents. There are strict criteria that the lease must meet in order to be acceptable to a mortgage company. If it does not meet these requirements, the lease must be amended, which can involve additional expense for the seller.