We are buying a 2 bedroom flat in Manor House with a mortgage. We would like to retain our Manor House solicitor, however the bank advise she’s not on their "panel". We have to appoint one of the lender panel solicitors or retain our Manor House conveyancer as well as pay for one of their panel lawyers to act for them. We regard this is unjust; is there anything we can do?
Unfortunately,no. The mortgage offered to you is subject to its terms and conditions, one of which will be that lawyers will on the lender’s conveyancing panel. Until recently, most lenders had large numbers of law firms on their panels: a borrower could choose one for themselves, as long as it was on the lender's panel. The lender would then simply instruct the borrower's lawyers to act for the lender, too. You can use your lender's panel lawyers or you could borrow from another lender which does not restrict your choice. Another option that might be available is for your Manor House conveyancing solicitor to apply to be on the conveyancing panel.
We note that you have a search directory identifying firms on the RBS conveyancing panel. Do companies pay you a referral fee if I retain them for our conveyancing in Manor House?
We are a listing service only for law firms wishing to communicate if they are on the RBS conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Manor House.
Despite weeks of looking the Title Certificate and documents to our home can not be found. The conveyancers who conducted the conveyancing in Manor House 10 years ago have long since closed. Will I be able to sell the house?
These day there are copies made of almost everything, and your lawyer will know precisely where to find all the suitable documentation so you may buy or dispose of your property without a hitch. Where duplicates can’t be found, your solicitor may be able to arrange cover in the form of insurance or indemnities against possible claims on your property.
I am looking for a ground for flat up to £195,000 and found one near me in Manor House I like with amenity areas and transport links nearby, the downside is that it's only got 61 remaining years left on the lease. I can't really find anything else in Manor House for this price, so just wondered if I would be making a grave error acquiring a short lease?
If you need a mortgage the remaining unexpired lease term may be problematic. Discount the offer by the expected lease extension will cost if it has not already been discounted. If the existing owner has owned the premises for at least twenty four months you could ask them to start the process of the extension and then assign it to you. You can add 90 years to the existing lease term with a zero ground rent applied. You should consult your conveyancing solicitor concerning this matter.
We're FTB’s - had an offer accepted, yet the selling agent has warned us that the seller will only go ahead if we appoint the agent's preferred conveyancers as they want a ‘quick sale’. We would rather use a family conveyancer accustomed to conveyancing in Manor House
We suspect that the seller is not behind this ultimatum. Should the vendor require ‘a quick sale', alienating a motivated purchaser is not the way to achieve this. Speak to the vendors direct and make the point that (a)you are keen to buy (b)you are excited to move forward, with finances in place © you are chain free (d) you wish to move quickly (e)however you intend to use your preferred Manor House conveyancing lawyers - not the ones that will earn their estate agent a introducer fee or hit his conveyancing targets demanded by corporate headquarters.
I am hoping to sign contracts shortly on a studio apartment in Manor House. Conveyancing lawyers have said that they are sending me a report on Monday. What should I be looking out for?
The report on title for your leasehold conveyancing in Manor House should include some of the following:
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You should be informed what constitutes a Nuisance as far as the lease is concerned Alterations to the flat if lease has a provision for a sinking fund? Who has the liability for repairing the window frames
Having spent months of correspondence we simply can't agree with our landlord on how much the lease extension should cost for our flat in Manor House. Can we issue an application to the Residential Property Tribunal Service?
Where there is a absentee landlord or if there is disagreement about what the lease extension should cost, under the relevant statutes it is possible to make an application to the Leasehold Valuation Tribunal to make a decision on the price payable.
An example of a Freehold Enfranchisement case for a Manor House premises is 51 Lorne Road in November 2009. The price Payable as decided by the tribunal for the freehold reversion was £27,000. The valuation follows the order of the County Court made on 3 April 2008 granting a vesting order. This case related to 1 flat. The number of years remaining on the existing lease(s) was 71 years.