My husband and I are purchasing a brand new flat in Eastcote and my lawyer is informing me that she is duty bound to the bank to disclose incentives from the builder. I am nearing the developer’s deadline to sign contracts and I don't want to prolong matters. Is my lawyer right?
You should not exchange unless you have been advised to do so by your property lawyer. A precondition to being on a mortgage company panel is to comply with the UK Finance Lenders’ Handbook provisions. The CML Conveyancing Handbook requires that your lawyer have the appropriate Disclosure of Incentive form completed by the developer and accepted by your lender.
Finally the sale completed on my house in Eastcote last March yet the purchaser is Skype messaging daily to moan that their solicitor needs to hear from mine. What should have happened now that I have sold?
Post completion of your house sale your conveyancer should deliver the transfer documentation and all of the paperwork to the purchaser's conveyancer. If applicable, your solicitor must also evidence that the legal charge in favour of the lender has been discharged to the buyers conveyancers. There is unlikely to be post completion procedures unique to conveyancing in Eastcote.
We're in Eastcote, First time buyers buying with a mortgage (lender is Barclays , and our lawyer is on the Barclays conveyancing panel). How long should the conveyancing process take?
The fact that your lawyer is on the Barclays conveyancing panel is a help. It would almost certainly delay matters if they were not. However, no property lawyer should guarantee a timeframe for your conveyancing, due to third parties outside of your control such as delays caused by lenders,conveyancing search providers or by the other side’s solicitors. The time taken is often determined by the number of parties in a chain.
Is it simple use the search app to choose a conveyancing practitioner in Eastcote on the panel for my bank?
1st select a bank such as Santander, Skipton Building Society or Godiva Mortgages Ltd then specify your preferred area e.g. Eastcote. Conveyancing firms in Eastcote and nationally should be identified.
I need to find a conveyancing solicitor for leasehold conveyancing in Eastcote. I've stumble upon a web site which appears to be the ideal answer If there is a chance to get all this stuff done via email that would be ideal. Should I be wary? What are the potential pitfalls?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?
My wife and I purchased a leasehold house in Eastcote. Conveyancing and Skipton Building Society mortgage went though with no issue. I have received a letter from someone claiming to own the reversionary interest in the property. Attached was a demand for arrears of ground rent dating back to 1991. The conveyancing solicitor in Eastcote who previously acted has now retired. Any advice?
The first thing you should do is contact the Land Registry to be sure that this person is indeed the registered owner of the freehold reversion. There is no need to incur the fees of a Eastcote conveyancing firm to do this as you can do this on the Land Registry website for a few pound. Rest assured that in any event, even if this is the rightful landlord, under the Limitation Act 1980 the limitation period for recovery of ground rent is six years.
I have tried to negotiate informally with with my landlord to extend my lease without getting anywhere. Can the Leasehold Valuation Tribunal adjudicate on such issues? Can you recommend a Eastcote conveyancing firm to represent me?
in cases where there is a absentee landlord or if there is dispute about what the lease extension should cost, under the relevant legislation it is possible to make an application to the LVT to decide the premium.
An example of a Lease Extension case for a Eastcote premises is Flat 72 Queens Walk in January 2013. The Tribunals calculated the premium payable to be £22,090. This case related to 1 flat. The unexpired term as at the valuation date was 53.26 years.