I am purchasing an apartment in Malden Rushett. My Solicitor is not on the lender solicitor panel. Can I still use my Malden Rushett conveyancing solicitor even though they are excluded from the mortgage company approved list?
Various options include
- Carry on with your existing Malden Rushett property lawyer but your mortgage company will undoubtedly appoint a property lawyer from their approved list. The net result is additional cost and probable delay.
- Choose a fresh property lawyer to act in the purchase, making sure they are on the bank conveyancing panel.
- Appeal to your property lawyer to seek to join the bank panel
What does my ID and proof of funds have anything to do with my conveyancing in Malden Rushett? Why is this being asked of me?
Anti-terror and anti-money-laundering laws require solicitors and licensed conveyancers to verify the identity of the potential client they are dealing with before they can accept their conveyancing retainer. The Terms and Conditions that you need to sign will no doubt reaffirm this. Your lawyer also has obligations to obtain certain documents in accordance with the CML Lenders Handbook requirements last updated on 1st December 2014. Where you refuse to supply identification documents, your conveyancer would not be able to accept instructions from you.
Just bought a detached house in Malden Rushett , What is the estimated time for the Land Registry to record my ownership? My Malden Rushett conveyancing solicitor has been painfully slow, so I want to be certain the registration formalities are concluded.
As far as conveyancing in Malden Rushett is concerned, registration is no quicker or slower than anywhere else in the country. Rather than based on location, timescales can vary according to who lodges the application, whether there are errors and if the Land registry must send notices to any interested persons or bodies. As of today roughly 80% of such applications are completed within two weeks but some can be subject to extensive hold-ups. Historically registration occurs after the buyer has moved in to the property thus 'speed' is not always top priority yet where it is urgent that the the registration takes place urgently then you or your solicitor should contact the land registry and explain the circumstances.
I am buying a new build flat in Malden Rushett. Conveyancing is daunting at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build legal work.
Here are examples of a selection of leasehold new build questions that you can expect your new-build leasehold conveyancing in Malden Rushett
Forfeiture - bankruptcy or liquidation must not apply under this provision. Please confirm the Lease plans are architect prepared. The Lease must contain a provision on behalf of the Vendor to pay the service charges in respect of unoccupied units in order to ensure that all services can be provided. Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose? Where service of notices and proceedings can be at the property demised please confirm that this can be amended to include simultaneous services at the Lessees’ solicitors’ offices where the Lessee from time to time is not resident in the UK - such solicitors may be varied by notice in writing to the Landlord from time to time but otherwise will be as previously specified.
I am looking for a leasehold apartment up to £195,000 and found one round the corner in Malden Rushett I like with open areas and station in the vicinity, the downside is that it's only got 51 years unexpired on the lease. I can't really find anything else in Malden Rushett for this price, so just wondered if I would be making a mistake buying a lease with such few years left?
If you need a home loan that many years will likely be a potential deal breaker. Discount the offer by the amount the lease extension will cost if not already taken into account. If the current proprietor has owned the property for at least twenty four months you may request that they commence the lease extension formalities and pass it to you. You can add 90 years to the current lease with a zero ground rent applied. You should speak to your conveyancing solicitor about this matter.
I am thinking of appointing a conveyancing lawyer in Malden Rushett for my house move. Is there any facility to check a firm’s complaints history with the legal regulator?
You may search for presented Solicitor Regulator Association (SRA) determinations stemming from inquisitions from 2008 onwards. Go to Check a solicitor's record. For information Pre 2008, or to check a firm's history, ring 0870 606 2555, 08.00 - 18.00 Monday, Wednesday, Thursday, Friday and 09.30 - 18.00 Tuesday. For callers outside the UK, dial +44 (0)121 329 6800. The SRA could recorded call for training reasons.