The Elmers End conveyancing firm handling our Elmers End conveyancing has spotted an inconsistency when comparing the surveyor’s assumptions in the home valuation survey and what is revealed within the conveyancing documents. My solicitor says that he needs to ensure that the bank is OK with this discrepancy and is content to go ahead. Is my solicitor’s course or action correct?
Your conveyancing practitioner must comply with the UK Finance Lenders’ Handbook provisions which do require that your lawyer disclose any incorrect assumptions in the lender’s valuation report and the legal papers. Should you refuse to allow your lawyer to make the appropriate notification then your lawyer will have no choice but to discontinue acting for you.
We are purchasing a house and require a conveyancing solicitor in Elmers End who is on the Principality solicitor panel. Could you point me in the right direction as regards a solicitor?
Our service is limited to being a directory service for firms who wish to be listed as being on the approved conveyancing panel for Principality . We don't recommend any particular firms conducting conveyancing in Elmers End.
Do I select a Licenced Conveyancer or Solicitor for conveyancing in Elmers End?
There are many recorded licenced Conveyancers in Elmers End and Solicitor practices in Elmers End to choose from We would stress that the two are regulated professionals specialising in the legal aspects of transferring property. They may both also handle other property legal work such as remortgage conveyancing, lease extensions and transfer of equity conveyancing.
I am the sole beneficiary of my late father’s estate with all property in now in my sole name, including the my former home in Elmers End. Conveyancing formalities meant that the Land Registry date was in April. I plan to dispose of the house. I do know about the Mortgage Lenders six month 'rule', which means that my proprietorship could be treated the same way as if I'd bought the house in April. Is the property unsalable for six months?
The CML handbook instructs conveyancers to: "report to us immediately if the owner or registered proprietor has been registered for less than six months." Technically you may be impacted by that. How sensible a view lenders take of it, depend on the bank as this obligation is primarily there to identify subsales or the wholesaling and assigning of properties.
I am buying a property in Elmers End. A rare aspect is that the roof has a solar panel. Solicitors conducting should look into this right? Will my lender RBS be concerned?
Given that you are obtaining a mortgage with RBS your lawyer must follow the conveyancing requirements set out in Section two of UK Finance Lenders’ Handbook for RBS. The CML Handbook stipulates minimum specifications for solar panel roof-space leases, and solicitors are required to report to RBS where a lease does not satisfy these requirements. The provisions relate to the installation of panels on properties nationwide and is not limited to Elmers End.
three months have gone by following my purchase conveyancing in Elmers End took place. I have checked the Land Registry site which shows that I paid £175,000 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 husband and I are new to the buying process - agreed a price, yet the estate agent has warned us that the seller will only move forward if we appoint the agent's preferred lawyers as they need an ‘expedited deal’. We would rather use a high street solicitor with experience of conveyancing in Elmers End
We suspect that the owner is unaware of this demand. Should the owner desire ‘a quick sale', alienating a serious purchaser is not the way to achieve this. Contact the sellers directly and make sure they comprehend that (a)you are serious buyers (b)you are excited to move forward, with mortgage lined up © you have nothing to sell (d) you intend to proceed fast (e)however you are going to appoint your preferred Elmers End conveyancing solicitors - as opposed tothe ones that will provide their estate agent a referral fee or hit his conveyancing figures demanded by HQ.
I am in need of some leasehold conveyancing in Elmers End. Before I set the wheels in motion I want to be sure as to the remaining lease term.
If the lease is registered - and almost all are in Elmers End - then the leasehold title will always include the short particulars of the lease, namely the date; the term; and the original parties. From a conveyancing perspective such details then enable any prospective buyer and lender to confirm that any lease they are looking at is the one relevant to that title. For any other purpose, such as confirming how long the term was granted for and calculating what is left, then the register should be sufficient on it's own.
I own a ground-floor 1950’s flat in Elmers End. Given that I can not reach agreement with the landlord, can the Leasehold valuation Tribunal make a decision on the sum due for the purchase of the freehold?
if there is a missing freeholder or if there is dispute about the premium for a lease extension, under the relevant legislation you can apply to the Leasehold Valuation Tribunal to assess the price.
An example of a Lease Extension matter before the tribunal for a Elmers End property is Flats 55, 67 & 70 Melbourne Court Anerley Road in July 2013. The tribunal calculated that the premium for the extended lease at £48,366.00 for at 55, and £88,329.00 for ats 67 and 70 combined. This case was in relation to 1 flat. The unexpired residue of the current lease was 26.38 years.