I plan on buying a maisonette in Newbury Park. My property lawyer is not listed on the mortgage company approved list. Is it possible for me to use my Newbury Park conveyancing solicitor even though they are not on the lender approved list?
You have numerous alternatives open to you here
- Complete the deal with your existing Newbury Park lawyer but your lender will undoubtedly retain a lawyer from their approved list. This will result in additional cost and potential delay.
- Appoint a fresh lawyer to conduct the conveyancing, ensuring that they are on the mortgage company conveyancing panel.
- Appeal to your conveyancer to seek to join the mortgage company panel
I have a decision in principle. The bank mentioned the home loan came with free conveyancing. Does this mean I have to appoint their panel lawyer as I would much rather appoint a Newbury Park based conveyancing firm?
Do check but the the probability is that give you one of their panel lawyers where you want the "fee-free" offer. Call the bank and see if they make available a cash alternative. In the past a few mortgage companies offered a £250 cashback as an alternative in which case that money can go towards your preferred conveyancing solicitor in Newbury Park.
What will a local search inform me regarding the house I am buying in Newbury Park?
Newbury Park conveyancing often starts with the applying for local authority searches directly from your local Authority or through a personal search company such as Searches UK The local search plays a central part in most Newbury Park conveyancing purchase; as long as you don’t want any unpleasant surprises after you move into your new home. The search should supply information on, amongst other things, details on planning applications relevant to the property (whether granted or refused), building control history, any enforcement action, restrictions on permitted development, nearby road schemes, contaminated land and radon gas; in all a total of thirteen subject areas.
In my capacity as executor for the will of my uncle I am disposing of a property in Cardiff but reside in Newbury Park. My lawyer (approximately 260 kilometers awayrequires that I execute a stat dec prior to completion. Could you suggest a conveyancing practitioner in Newbury Park to attest and place their company stamp on the document?
strictly speaking you are unlikely to need to have the documents attested by a conveyancing solicitor. Normally any notary public or solicitor will suffice regardless of whether they are located in Newbury Park
I own a leasehold flat in Newbury Park. Conveyancing and Platform Home Loans Ltd mortgage organised. A letter has just been received from someone claiming to own the freehold. Attached was a demand for arrears of ground rent dating back to 1998. The conveyancing practitioner in Newbury Park who previously acted has now retired. Any advice?
The first thing you should do is contact the Land Registry to make sure that this person is in fact the registered owner of the freehold reversion. There is no need to instruct a Newbury Park conveyancing lawyer to do this as it can be done on-line for less than a fiver. You should note that regardless, even if this is the legitimate landlord, under the Limitation Act 1980 the limitation period for recovery of ground rent is six years.
Having spent years of negotiations we are unable to agree with our landlord on how much the lease extension should cost for our flat in Newbury Park. Does the Leasehold Valuation Tribunal have jurisdiction to calculate the appropriate figures?
in cases where there is a absentee landlord or if there is dispute about what the lease extension should cost, under the relevant legislation it is possible to make an application to the Leasehold Valuation Tribunal to assess the amount due.
An example of a Lease Extension decision for a Newbury Park flat is 104 Coventry Road in July 2014. The Tribunal determined that the lease extension permium should be £22,896.15 This case was in relation to 1 flat. The number of years remaining on the existing lease(s) was 60.29 years.
Me and my husband are selling a Newbury Park property left to us 5 years ago in 2012. I have over a decades worth of conveyancing know-how and, now retired, see no reason not to carry out my own conveyancing. The buyer's conveyancer has informed me that their building society will not allow you to do your own conveyancing insisting the funds to be released via a solicitor's bank account.
Mortgage requirements to property lawyers from all CML members specify that If the seller is not legally represented the buyer’s lawyers should check whether the bank needs to be informed so that a decision can be made as to whether they are prepared to proceed.