I can't travel far from Flitwick. Is there a reason why all Flitwick solicitors are not on all lender panels?
Lenders point to the fact that solicitor-led fraud is thought to be responsible for millions of pounds of fraud annually.The elimination of law firms off of lender panels started with the rise in mortgage fraud, which prompted a thematic review by the FSA in 2011. Its outcome included recommendations for mortgage companies to review their conveyancing panels, which triggered a major policy change in the sector. It led to lenders purging less reputable firms off their official list of approved conveyancing practitioners .
Having sold my house in Flitwick last February yet the purchaser is calling daily to moan that their solicitor needs to hear from myconveyancer. What are the post completion sale formalities following completion?
Following your disposal your conveyancer is duty bound to forward the transfer documentation and all of the paperwork to the buyer’s lawyers. Where relevant, your solicitor must also evidence that the home loan has been redeemed to the purchasers solicitors. There are no post completion procedures peculiar conveyancing in Flitwick.
Are there restrictive covenants that are commonly identified during conveyancing in Flitwick?
Restrictive covenants can be picked up when reviewing land registry title as part of the process of conveyancing in Flitwick. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
The estate agent has sent us the confirmation of our purchase of a new build apartment in Flitwick. Conveyancing is necessary evil 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 selection of leasehold new build enquiries that you should expect your new-build leasehold conveyancing in Flitwick
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Where there is an Undertaking being granted there is the risk of forfeiture of the Headlease subject to relief if one or more of the Underlessees are willing to accept the original Head Lessee’s obligations as otherwise relief will be denied to the Underlessees. The only alternatives are the Head Lessor agreeing not to forfeit the Headlease or the Head Lessee guaranteeing to the Underlessees that it will not be in breach of the Headlease. The Vendor must covenant to keep unoccupied units in good repair until long leases are granted therefore. Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents. Please confirm the Lease plans are surveyor prepared. The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme.
Due to the encouragement of my in-laws I had a survey completed on a house in Flitwick in advance of retaining conveyancers. I have been told that there is a flying freehold element to the house. My surveyor has said that some mortgage companies will refuse to give a mortgage on a flying freehold premises.
It varies from the lender to lender. HSBC has different instructions from Birmingham Midshires. If you call us we can check with the appropriate lender. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Flitwick. Conveyancing will be smoother if you use a solicitor in Flitwick especially if they are acquainted with such properties in Flitwick.
Me and my husband are FTB’s just having agreed a price on a property in Flitwick, and are about to get solicitors instructed. I have used the numerous comparison tools and the quotes are from all across the the UK. Is it necessary to have a Flitwick conveyancing practitioner local to your potential new home? I am content to do all the communicating over email, but I guess at some stage we will be required to visit the property lawyer's office to sign papers?
Usually there is no requirement to physically visit the office of your lawyer, they can post any relevant papers to you, which you can sign and return. Many buyers and sellers prefer to use a locally based solicitor, but it is not a prerequisite for conveyancing in Flitwick.