I can't travel far from Ealing. What is the rationale as to why all Ealing solicitors aren't automatically on all mortgage company panels?
As unjust as it may appear for mortgage companies to restrict who can represent them, from the public’s or lawyer’s point of view, the the contrary view is that lenders are increasingly anxious and feel it crucial to protect them against illegal activities. As a consequence of this concern lenders have consolidated their panel of approved conveyancing lawyers to a manageable size.
My apartment in Ealing is up for sale and I have accepted an offer. Does my conveyancing practitioner need to be required to be on the Bank of Ireland conveyancing panel in order to deal with paying off my mortgage?
Ordinarily, even if your lawyer is not on the Bank of Ireland conveyancing panel they can still act for you on your sale. It might be that the lender will not release the original deeds (if applicable and increasingly irrelevant) until after the mortgage is paid off. You should speak to your lawyer directly before you start the process though to ensure that there is no problem as lenders are changing their requirements fairly frequently currently.
Do commercial conveyancing searches reveal proposed roadworks that may affect a commercial land in Ealing?
Its becoming the norm that commercial conveyancing solicitors in Ealing will perform a SiteSolutions Highways report as it dramatically cuts the time that conveyancers expend in investigating accurate data on highways that impact buildings and development assets in Ealing. The report sets out definitive data on the adoption status of roads, footpaths and verges, as well as the implication of traffic schemes and the rights of way surrounding a commercial development sites in Ealing.
For every commercial conveyancing transaction in Ealing it is crucial to investigate the adoption status of roads surrounding a site. Failure to identify developments where adoption procedures have not been dealt with adequately may result in delays to Ealing commercial conveyancing transactions as well as pose a risk to future plans for the site. These searches are not ordered for domestic conveyancing in Ealing.
I am buying a new build flat in Ealing. Conveyancing is daunting at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build conveyancing.
Here is a sample of a few leasehold new build questions that you should expect your new-build leasehold conveyancing in Ealing
The Vendor must covenant to keep unsold units in good repair until long leases are granted therefore. The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme. 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? If there are lifts in the building, please confirm that the owners of flats on the ground and basement floors will not be required to contribute towards the cost of maintenance and renewal.
I am a sole trader hoping to lease a unit on the high street. Can you recommend conveyancers offering no-move-no charges for commercial conveyancing in Ealing for less than £1,200?
We can recommend firms who have specialist knowledge of commercial conveyancing in Ealing, including the sale and purchase of businesses as well as simply property. If you are hoping to acquire or sell a shop, pub, restaurant, office, retail unit or a whole business we will find you the right lawyer. Regarding the costs this will depend on the structure and nuances of the proposed transaction. Please provide us with your details or email us so that we may provide you with a detailed commercial conveyancing quote.
Estate agents have just been given the go-ahead to market my garden flat in Ealing. Conveyancing solicitors are to be appointed soon, but I have recently received a half-yearly service charge invoice – Do I pay up?
It best that you clear the service charge as usual given that all ground rent and service invoices should be apportioned on completion, so you will be reimbursed by the purchaser for the period running from after the completion date to the next payment date. Most managing agents will not acknowledge the buyer unless the service charges have been paid and are up to date, so it is important for both buyer and seller for the seller to show that they are up to date. Having a clear account will assist your cause and will leave you no worse off financially.
Despite our best endeavours, we have been unsuccessful in seeking a lease extension in Ealing. Can this matter be resolved via the Leasehold Valuation Tribunal?
if there is a absentee freeholder or where there is dispute about the premium for a lease extension, under the Leasehold Reform, Housing and Urban Development Act 1993 you can apply to the Leasehold Valuation Tribunal to decide the amount due.
An example of a Lease Extension decision for a Ealing property is Flat 4 38 The Mall in April 2014. the Tribunal held that the premium payable for the lease extension to be £25,451 This case affected 1 flat. The unexpired residue of the current lease was 68.7 years.