I plan on buying a maisonette in Maida Hill. My lawyer is not on the mortgage company approved list. Am I still permitted to continue with my Maida Hill conveyancing solicitor notwithstanding that they are excluded from the bank list of approved lawyers?
Your options include
- Complete the deal with your chosen Maida Hill conveyancing practitioner but your mortgage company will no doubt retain a conveyancer from their conveyancing panel. This will result in additional charges together with likely frustration.
- Appoint a new conveyancing practitioner to conduct the conveyancing, making sure they are on the lender conveyancing panel.
- Appeal to your conveyancing practitioner to seek to join the mortgage company panel
My grandmother passed away six months ago and as sole heir and executor I was left the property in Maida Hill. The house had a small mortgage left on it of around £5k. I want to transfer the title deeds into my name whilst I re-mortgage to RBS, pay off the mortgage. Is this allowed?
Given you plan to refinance then RBS will require that you use a conveyancer on the RBS conveyancing panel. Here is link to the Land Registry online guidance around what to do when a property owner dies. This will help you to understand the registration process behind changing the details re the registered title. in your case it would appear that you are effectively purchasing the property from the estate. Your RBS conveyancing panel solicitor pays the new mortgage money into the estate, the estate pays off the old mortgage, the charge is released and you become the owner and the RBS mortgage is registered as a charge at the Land Registry.
Hoping to buy a property located in Maida Hill and I am already nervous. I couldn't find anything specific about Maida Hill. Conveyancing will be needed in due course but do you know about the Maida Hill area? or perhaps some other tips you can share?
Rather than looking online forget looking online you should go and have a look at Maida Hill. In the meantime here are some basic statistics that we found
I need to instruct a conveyancing solicitor for remortgage conveyancing in Maida Hill. I have discover a web site which appears to be the perfect answer If there is a chance to get all the legals done via email that would be ideal. Do I need to be wary? What should out be looking out for?
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?
Having had my offer accepted I require leasehold conveyancing in Maida Hill. Before diving in I would like to find out the number of years remaining on the lease.
Assuming the lease is registered - and 99.9% are in Maida Hill - 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.
Following years of negotiations we cannot agree with our landlord on how much the lease extension should cost for our flat in Maida Hill. Does the Leasehold Valuation Tribunal have jurisdiction to calculate the appropriate figures?
in cases where there is a absentee freeholder or where there is dispute about the premium for a lease extension, under the Leasehold Reform, Housing and Urban Development Act 1993 it is possible to make an application to the LVT to make a decision on the amount due.
An example of a Lease Extension decision for a Maida Hill property is Flat 1 57 Oxford Gardens in January 2014. the Tribunal decided that the premium to be paidfor a new lease is £61,650.00. This case affected 1 flat. The remaining number of years on the lease was 60 years.
We have instructed a Maida Hill conveyancing solicitor for our home move (FTB’s) and have noticed in the terms and conditions that they are not regulated by the Financial Conduct Authority. Need I be worried or is that usually the case with solicitor?
We can't see why they should be. Most conveyancer don't lend money. They should be governed by the Solicitors Regulation Authority, who set specific obligations regulating funds held on client account.