We are soon to exchange buying a house in Monken Hadley but as a result of damage from the recent storms I have was able negotiate compensation from the seller of £2k taking the form of a deduction in the price. This was going to be dealt with as part of amending the contract however UBS are not allowing this. Should they have been involved?
Any conveyancing practitioner that is on a UBS conveyancing panel is duty bound to inform UBS of any amendments to the sale price. If you prohibit your conveyancing practitioner to disclose the reduction to UBS then they would have to discontinue acting for you. In addition, UBS and you would have to appoint a new conveyancing practitioner for your conveyancing in Monken Hadley.
How up to date is your database of Monken Hadley solicitors on the Nottingham conveyancing panel? Do Nottingham send you an updated list?
Monken Hadley conveyancing firms themselves provide us confirmation that they are on the Nottingham conveyancing panel as opposed to being supplied with a list from Nottingham directly.
we are a couple who are purchasing a purpose built apartment in Monken Hadley with a homeloan from Barnsley Building Society.We like our Monken Hadley conveyancing lawyer but Barnsley Building Society advised that her practice is not listed on their "panel". We have to appoint a Barnsley Building Society panel solicitor or keep our local solicitor and fork out for one of their panel ones to act for them. This seems very unfair; Can we not simply insist that Barnsley Building Society use our lawyer?
Unfortunately,no. The loan offered to you is subject to its terms and conditions, a common one being that solicitors must be on the Barnsley Building Society conveyancing panel. Until recently, most lenders had large numbers of solicitors 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. A further alternative is for your solicitors to apply to be on the conveyancing panel for Barnsley Building Society
Are there restrictive covenants that are commonly picked up as part of conveyancing in Monken Hadley?
Restrictive covenants can be picked up when reviewing land registry title as part of the legal transfer of property in Monken Hadley. 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…’
As co-executor for the will of my uncle I am disposing of a house in Cardiff but live in Monken Hadley. My conveyancer (based 235 miles awayneeds me to execute a statutory declaration before completion. Could you suggest a conveyancing lawyer in Monken Hadley to witness and place their company stamp on the document?
Technically speaking you are not likely to need to have the documents attested by a conveyancing solicitor. Ordinarily any notary public or qualified solicitor will be fine regardless of whether they are Monken Hadley based
Following years of dialogue we are unable to agree with our landlord on how much the lease extension should cost for our flat in Monken Hadley. Does the Leasehold Valuation Tribunal have jurisdiction to calculate the appropriate figures?
Absolutely. We are happy to put you in touch with a Monken Hadley conveyancing firm who can help.
An example of a Lease Extension decision for a Monken Hadley property is Flat 2 2 Netherfield Road in April 2010. The Tribunale held that premium payable for a 90 year extension to the existing Lease should be £7,705. This case affected 1 flat. The unexpired term was 76 years.
In relation to leasehold conveyancing in Monken Hadley what are the most frequent lease defects?
Leasehold conveyancing in Monken Hadley is not unique. All leases are drafted differently and legal mistakes in the legal wording can sometimes mean that certain sections are not included. The following missing provisions could result in a defective lease:
Insurance obligations Repairing obligations to or maintain parts of the premises
You could encounter a problem when selling your property if you have a defective lease primarily because it impacts on the ability to obtain a mortgage on the property. National Westminster Bank, The Mortgage Works, and Britannia all have very detailed conveyancing instructions when it comes to what is expected in a lease. If a mortgage lender believes that the lease is problematic they may refuse to grant the mortgage, forcing the purchaser to pull out.