Unfortunately I am unable to travel far from East Harling. What is the rationale as to why all East Harling lawyers aren't included on all mortgage company panels?
Even though it may seem unfair for mortgage companies to limit who can act for them, from the public’s or lawyer’s perspective, the the contrary view is that banks are becoming ever more anxious and consider it vital to shield themselves against illegal activities. As a result of this concern lenders are limiting their conveyancing panel to a size that they are happy to control.
We are about to complete buying a property in East Harling but as a result of damage from a small fire at the property I have was able negotiate compensation from the seller of £3k taking the form of a adjustment in the price. I had intended this to be addressed as part of the conveyancing process yet Virgin Money are not allowing this. Should they have been approached?
Any solicitor being on a Virgin Money conveyancing panel is required to inform Virgin Money of any variations to the purchase price. If you were to refuse your property lawyer to disclose the price change to Virgin Money then they would have to discontinue acting for you. In addition, Virgin Money and you would have to appoint a new conveyancer for your conveyancing in East Harling.
Just had an offer accepted on a new build apartment in East Harling. Conveyancing is necessary evil 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 legal work.
Set out below is a sample of a selection of leasehold new build questions that you may expect your new-build leasehold conveyancing in East Harling
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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. 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. Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose? Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier?
I have been on the look out for a flat up to £305k and identified one round the corner in East Harling I like with a park and transport links in the vicinity, the downside is that it's only got 51 years on the lease. There is not much else in East Harling in this price bracket, so just wondered if I would be making a mistake buying a short lease?
If you need a home loan that many years will be a potential deal breaker. Discount the offer by the anticipated lease extension will cost if it has not already been discounted. If the current owner has owned the property for at least 2 years you can request that they start the process of the extension and then assign it to you. An additional ninety years can be extended on to the current lease term with a zero ground rent applied. You should speak to your conveyancing lawyer concerning this.
In what way can the Landlord & Tenant Act 1954 affect my business property in East Harling and how can your lawyers assist?
The particular law that you refer to gives a safeguard to business tenants, giving them the legal entitlement to apply to court for a new tenancy and continue in occupation when the lease comes to an end. There are certain specified grounds that a landlord can refuse a lease renewal and the rules are complicated. Fees are different for commercial conveyancing. East Harling is one of the many areas of the UK in which the firms we work with are based
I am thinking of appointing a conveyancing lawyer in East Harling for my purchase. Is it possible to check a solicitor's record with the legal regulator?
Anyone can find published Solicitor Regulator Association (SRA) decisions resulting from investigations from 2008 onwards. Go to Check a solicitor's record. To find details about the period before 1 January 2008, or to check a solicitors record, phone 0870 606 2555, 08.00 - 18.00 Monday, Wednesday, Thursday, Friday and 09.30 - 18.00 Tuesday. International callers, call +44 (0)121 329 6800. The regulator could recorded telephone calls for training reasons.