I am hoping to receive a offer of a home loan from Santander. I would like to retain the legal services of a Licensed Conveyancer in Manor House. Does the Santander Conveyancing panel allow for Licensed Conveyancers?
The Santander conveyancing panel is, like many other lenders, associated to the Council or Mortgage Lenders or BSA, open to Licensed Conveyancers regulated by the Council of Licensed Conveyancers.
I am the registered owner of a freehold property in Manor House but still invoiced for rent, why is this and what is this?
It’s unusual for properties in Manor House and has limited impact for conveyancing in Manor House but some freehold properties in England (particularly common in North West England) pay an annual sum known as a Chief Rent or a Rentcharge to a third party who has no other legal interest in the land.
Rentcharge payments are usually between £2.00 and £5.00 per year. Rentcharges have existed for hundreds of years, but the Rent Charge Act 1977 barred the establishment of fresh rentcharges post 1977.
Old rentcharges can now be extinguished by making a lump sum payment under the Act. Any rentcharges that are still in existence after 2037 will be extinguished.
Are the BSA intent on creating a online directory to list law firms on the Coventry BS conveyancing panel for example in Manor House?
We would not expect to be advised of any plans on the part of the BSA to promote such a tool.
I am downsizing from our home in Manor House and according to the buyers it appears that there is a possibility that the property was built land that was not decontaminated. Any local lawyer would know this is not the case. It does beg the question why the purchasers are using a web based conveyancing firm rather than a conveyancing solicitor in Manor House. We have lived in Manor House for 5 years we know of no issue. Do we contact our local Authority to get clarification that there is no issue.
It sounds as though you may have a conveyancing firm currently acting for you. Are they able to advise? You should enquire of your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out health insurance to cover that same illness)
I am looking for a leasehold apartment up to £245,000 and identified one close by in Manor House I like with amenity areas and station in the vicinity, the downside is that it only has 52 remaining years left on the lease. I can't really find anything else in Manor House suitable, so just wondered if I would be making a mistake purchasing a short lease?
Should you need a mortgage the shortness of the lease will likely be problematic. Reduce the price by the amount the lease extension will cost if not already taken into account. If the current owner has owned the property for a minimum of 2 years you may ask them to commence the lease extension formalities and then assign it to you. An additional ninety years can be extended on to the existing lease term with a zero ground rent applied. You should consult your conveyancing lawyer concerning this matter.
Planning to exchange soon on a ground floor flat in Manor House. Conveyancing lawyers inform me that they are sending me a report tomorrow. 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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Your solicitors should enable you to have an understanding of the building insurance provisions What you can do if a neighbour is in violation of a provision in their lease? Responsibility to repair and maintain the building. It is essential that you know which party is responsible the repair and maintenance of every part of the building It needs to be made clear to you whether the lease allows you to alter or improve anything in the flat- you must know whether any restrictions applies to all alterations or just structural alteration, and whether consent is mandated necessary
I am the leaseholder of a two-bedroom flat in Manor House. Given that I can not reach agreement with the freeholder, can the Leasehold valuation Tribunal make a decision on the sum due for a lease extension?
in cases where there is a missing landlord or where there is dispute about the premium for a lease extension, under the relevant statutes it is possible to make an application to the LVT to determine the sum to be paid.
An example of a Freehold Enfranchisement case for a Manor House property 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 unexpired term as at the valuation date was 71 years.