Is the fact that my conveyancer in Eden Park is not identified on my mortgage company's solicitor panel that there is a problem with the standard of the firm’s conveyancing?
That would most likely be an incorrect assumption to make. There are plenty of plausible explanations. A recent report by the solicitors regulator revealed 76% of law firms surveyed had been removed from at least one lender panel. The top 5 reasons are as follows: (1) lack of transactions (2) the solicitor is a sole practitioner (3) as part of the HSBC panel reduction (4) regulatory contact by SRA (5) accidental removal. Where you are concerned you should simply call the Eden Park conveyancing practice and ask them why they are no longer on the approved list for your mortgage company.
Our grandson is buying a house that has just been built in Eden Park with a home loan from RBS. His conveyancer has said that there is a delay in receiving the ‘Disclosure of Incentive Form’. Who needs to receive the form?
The form is intended to provide information to the main parties engaged in the transaction. Therefore, it will be provided to your son’s lawyer who should be on the RBS conveyancing panel as a standard part of the process, and to the valuer when asked. The developer will be required to start the process by downloading the form and completing it. The form will therefore need to be available for the valuer at the time of his or her site visit. The form should be sent to the RBS conveyancing panel solicitor as early as possible, in order to avoid any last minute delays, and no later than at exchange of contracts.
Me and my brother purchased a 4 bedroom Edwardian house in Eden Park. Conveyancing practitioner represented me and Aldermore. I did a free Land Registry search last week and there are a couple of entries: one for freehold, another for leasehold with the matching property. I thought I was buying a freehold how can I check?
You need to review the Freehold register you have again and check the Charges Register for mention of a lease. The best way to be sure that you are also the registered owner of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Eden Park and other locations in the country and poses no real issues for owners other than when they remortgage they have to account for both freehold and leasehold interests when dealing with lenders. You can also enquire as to the position with your conveyancing lawyer who conducted the purchase.
Over the last few months I have been searching for a flat up to £195,000 and found one round the corner in Eden Park I like with amenity areas and railway links in the vicinity, the downside is that it only has 49 years unexpired on the lease. I can't really find anything else in Eden Park for this price, so just wondered if I would be making a mistake acquiring a short lease?
If you need a home loan that many years will likely be problematic. Discount the offer by the expected lease extension will cost if not already taken into account. If the current owner has owned the property for a minimum of 2 years you could ask them to start the process of the extension and then assign it to you. An additional ninety years can be extended on to the existing lease term and have £0 ground rent by law. You should speak to your conveyancing lawyer regarding this matter.
I am looking to sell my property. My past lawyers have shut. I am in need of a recommendation of a conveyancing firm. Im based in Eden Park if that makes a difference.
Please use our search tool to help you find a solicitor for your conveyancing in Eden Park. We have connected thousands of home buyers and sellers with regulated solicitors to ensure that the legalities of their house move goes smoothly.
I am using a search engine for the term cheap conveyancing in Eden Park it reveals many property lawyersin the area. With so much choice what is the best way to find the right property lawyer for me?
The ideal way of seeking the right conveyancer is via personal referral, so seek the opinion of colleagues and those you trust who have purchased a property in Eden Park or the reputable estate agent or financial adviser. Costs for conveyancing in Eden Park differ, so it's sensible to request a minimum of four estimates from varying types of solicitors. Make sure that you clarify that the charges are guaranteed not to escalate.