Me and my wife are acquiring property in Nunhead. My property lawyer has never been on on the bank conveyancing panel. Am I still permitted to use my Nunhead conveyancing solicitor notwithstanding that they are not on the lender panel?
One will need to have a solicitor to complete the legal work required if you take out a loan to buy your home. The property lawyer will carry out all the essential due diligence on the property, ensuring that you’re properly registered as the owner and ensure that all the necessary mortgage documentation is in order. One can instruct a Nunhead lawyer of your choosing. However, if the property lawyer appointed is not a member of the mortgage company conveyancing panel supplemental costs will arise as separate legal representation will be need by the lender. Bank panel applications may be submitted, so provided your conveyancer has not previously applied for membership they can do so.
I am need of leasehold conveyancing for an apartment in a relatively new development (6 years built) in Nunhead. Almost all the flats have already been sold. Is it strictly necessary to order neighbourhood searches for my conveyancing in Nunhead?
A big part of the Nunhead conveyancing process is the conveyancing searches. There are a large number of search providers conducting Nunhead conveyancing searches, as well direct from the local authority. These are known collectively as personal search organisation and they produce, not surprisingly, personal searches. However, all Local Authority Search conveyancing products have one thing in common - they must obtain their information from the local authority.
Me and my partner are buying a apartment in Nunhead. It might be a silly question but how we can trust a conveyancer? At some point we have to deposit money into their account. What protection do we have from them run away with our money?
Be assured that all money in a Solicitors client account is 100% safe, and even if your Solicitor ran off with it, the Law Society would reimburse you fully.
Can I be sure that the Nunhead conveyancing solicitor on the Lloyds panel is any good?
When it comes to conveyancing in Nunhead obtaining recommendations is a good start. Before you go ahead, check if they offer a no sale no fee offer. Also, you often get what you pay for - a firm which quotes more, will often provide a better service than one which is cheap as chips. We would always advise that you speak with the solicitor carrying out your conveyancing.
We expect to receive a DIP from Clydesdale this week so we can work out what to offer on a property we like as otherwise we only have online calculators to go by (which aren't taking into account credit checks etc). Do Clydesdale recommend any Nunhead solicitors on the Clydesdale conveyancing panel, or is it better to go independently?
You will need to appoint Nunhead solicitors independently although you'll need to choose one on the Clydesdale conveyancing panel. The solicitor represents both you and Clydesdale through the process.
We are close to exchanging contracts on the sale of our home in Nunhead and according to the buyers it appears that there is a possibility that the property was built land that was not decontaminated. Any local conveyancer would know this is not the case. It does beg the question why the purchasers are using a national conveyancing outfit as opposed to a conveyancing solicitor in Nunhead. We have lived in Nunhead for six years we know of no issue. Do we contact our local Authority to get confirmation that there is no issue.
It sounds as though you may have a conveyancing lawyer already. What do they say? You must check with 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 sickness)
Yesterday I discovered that there is a flying freehold element on a house I have offered on a fortnight ago in what was supposed to be a simple, chain free conveyancing. Nunhead is the location of the property. Can you offer any guidance?
Flying freeholds in Nunhead are unusual but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Nunhead you would need to get your solicitor to go through the deeds very carefully. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Nunhead may determine that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold residence.
I am on look out for some leasehold conveyancing in Nunhead. Before diving in I require certainty as to the remaining lease term.
If the lease is registered - and almost all are in Nunhead - then the leasehold title will always include the basic details of the lease, namely the date; the term; and the original parties. From a conveyancing perspective such details then enable any prospective buyer and lender to confirm that any lease they are looking at is the one relevant to that title. For any other purpose, such as confirming how long the term was granted for and calculating what is left, then the register should be sufficient on it's own.
Following months of dialogue we are unable to agree with our landlord on how much the lease extension should cost for our flat in Nunhead. Does the Leasehold Valuation Tribunal have jurisdiction to calculate the appropriate figures?
Absolutely. We can put you in touch with a Nunhead conveyancing firm who can help.
An example of a Freehold Enfranchisement decision for a Nunhead residence is 41 Endwell Road in March 2013. this matter relateed to the acquisition of the freehold of a mid- terraced Victorian house converted into three separate self-contained dwellings. By an order dated 28/11/2012, Deputy District Judge Cole in the Bromley County Court held that the leaseholders were entitled to acquire the freehold and directed that the premium payable be determined by this Tribunal. The Tribunal assessed the premium to be £14,753 This case related to 3 flats. The remaining number of years on the lease was 80.01 years.