I plan on buying a ground floor flat in Petts Wood. My property lawyer has never been on on the mortgage company conveyancing panel. Is it possible for me to appoint my Petts Wood conveyancing solicitor even though they are not on the bank approved list?
Your options include
- Proceed with your existing Petts Wood solicitor but your mortgage company will need to instruct a conveyancer from their approved list. The net result is additional cost together with probable frustration.
- Choose a fresh conveyancer to act in the purchase, making sure they are on the mortgage company conveyancing panel.
- Convince your property lawyer to pull out all the stops to get accepted on the lender’s panel of solicitors
Will commercial conveyancing searches reveal planned roadworks that could impact a commercial property in Petts Wood?
Many commercial conveyancing solicitors in Petts Wood will conduct a SiteSolutions Highways report as it dramatically cuts the time that conveyancers invest in sourcing accurate data on highways that impact buildings and development assets in Petts Wood. The report sets out definitive information on the adoption status of roads, footpaths and verges, as well as the implication of traffic schemes and the rights of way surrounding a commercial development sites in Petts Wood.
For each commercial conveyancing transaction in Petts Wood it is crucial to investigate the adoption status of roads surrounding a site. The absence of identifying developments where adoption procedures have not been addressed adequately may result in delays to Petts Wood commercial conveyancing deals as well as pose a risk to future plans for the site. These searches are not ordered for domestic conveyancing in Petts Wood.
I have justdiscovered that Stirling Law have been shut down. They carried out my conveyancing in Petts Wood for a purchase of a freehold house 18 months ago. How can I be sure that my home is registered correctly in the name of the former proprietor?
The easiest method to check if the premises is registered to you, you can carry out a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Petts Wood conveyancing specialists.
How does conveyancing in Petts Wood differ for newly converted properties?
Most buyers of new build property in Petts Wood approach us having been asked by the developer to sign contracts and commit to the purchase even before the house is constructed. This is because builders in Petts Wood typically acquire the land, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are accustomed to new build conveyancing in Petts Wood or who has acted in the same development.
Expecting to exchange soon on a leasehold property in Petts Wood. Conveyancing solicitors inform me that they are sending me a report next week. Are there areas in the report that I should be focusing on?
The report on title for your leasehold conveyancing in Petts Wood should include some of the following:
You must be informed what counts as a Nuisance as far as the lease is concerned if lease has a provision for a reserve fund? Will you be prohibited or prevented from having pets in the property? The landlord’s rights to access the property. You should be made aware that your landlord has rights of access as well as be informed how much notice must be provided. Where does the liability rest for repairing the window frames
I inherited a two-bedroom flat in Petts Wood. Given that I can not reach agreement with the freeholder, can the Leasehold valuation Tribunal make a decision on the amount due for a lease extension?
Most certainly. We are happy to put you in touch with a Petts Wood conveyancing firm who can help.
An example of a Lease Extension decision for a Petts Wood premises is 1 Southlands Court Southlands Road in September 2013. The Leasehold Valuation Tribunal determined that the premium to be paid by the tenant on the grant of a new lease, in accordance with section 56 and Schedule 13 of the Leasehold Reform, Housing and Urban Development Act 1993 was £30,541 This case related to 1 flat. The unexpired term as at the valuation date was 50.57 years.
A conveyancing firm dealt with my conveyancing in Petts Wood 5 years past having retained my title documents but has since been shut down – What can I do to get hold of them?
Deeds, as such, no longer exist as most properties in Petts Wood are recorded electronically at Land Registry. Should you need to show evidence of proprietorship or are disposing of or re-mortgaging your lawyer will need to obtain up to date copies of the register from the Land Registry in any case.
If you feel there may be other documents or you have any other queries please e-mail your request with details of the transaction and documents you need to email@example.com. The CLC will let you know what information they have and any additional information they may need before they are in a position to identify and send the documents to you. Following an intervention it may take some time for the CLC to access archived files and documents, but your request will be actioned as quickly as possible.