The Polegate conveyancing firm handling our Polegate conveyancing has spotted an inconsistency between the surveyor’s assumptions in the home valuation report and what is revealed within the title deeds. My solicitor has advised that he is duty bound to ensure that the bank is OK with this discrepancy and is content to go ahead. Is my conveyancer’s approach appropriate?
Your conveyancer must comply with the UK Finance Lenders’ Handbook conditions which do require that your lawyer disclose any incorrect assumptions in the lender’s valuation report and the legal papers. Should you refuse to allow your lawyer to make the appropriate notification then your lawyer will have no choice but to discontinue acting for you.
We are planning to acquire a property and require a conveyancing solicitor in Polegate who is on the TSB conveyancing panel. Could you point me in the right direction as regards a conveyancing firm?
Our service is limited to being a directory service for firms who wish to be listed as being on the approved conveyancing panel for TSB . We don't recommend any particular firms conducting conveyancing in Polegate.
We wanted to use a property lawyer in Polegate for our home move. Our broker has since notified us that our mortgage company Lloyds TSB Bank won't deal with them. Surely this is unfair competition?
Lenders normally imposes restrictions either the category or the volume of conveyancing firms on their panel. A common example of such criteria being that a firm must not be a sole practitioner. In addition to restricting the profile of firm, some have limited the amount of firms they permit to act for them. Be aware that Lloyds TSB Bank have no responsibility for the quality of advice provided by any member of Lloyds TSB Bank Conveyancer Panel. Mortgage fraud was a key driver in the reduction of conveyancing panels since 2008 even though there remains differing opinions regarding the extent of solicitor engagement in some of that fraud. Data from the Land Registry reveal that plenty of law firms, including some in or near Polegate only carry out a couple conveyances a year.
I note that there are debates on Chancel Insurance on online forums. Am I compelled to have this when purchasing a property in Polegate? or Apparently there is a law dating back centuries that means some house owners living in a parish church boundary may be liable to pay for repairs towards the chancel within the church. Is this suitable for conveyancing in Polegate?
Unless a previous purchase of the premises completed after 12 October 2013 you can assume that lawyers carrying out conveyancing in Polegate to remain encouraging a chancel search and or chancel repair liability insurance.
I only have Seventy years unexpired on my flat in Polegate. I need to extend my lease but my freeholder is missing. What are my options?
If you qualify, under the Leasehold Reform, Housing and Urban Development Act 1993 you can apply to the County Court for an order to dispense with the service of the initial notice. This will enable the lease to be lengthened by the Court. You will be obliged to demonstrate that you have used your best endeavours to track down the landlord. For most situations a specialist may be useful to conduct investigations and prepare an expert document to be accepted by the court as evidence that the landlord can not be located. It is wise to seek advice from a solicitor in relation to devolving into the landlord’s disappearance and the application to the County Court covering Polegate.
I am the registered owner of a studio flat in Polegate, conveyancing having been completed February 2004. Can you shed any light on how much the price could be for a 90 year extension to my lease? Similar properties in Polegate with over 90 years remaining are worth £180,000. The ground rent is £65 charged once a year. The lease comes to an end on 21st October 2084
With just 59 years remaining on your lease we estimate the premium for your lease extension to span between £20,900 and £24,200 plus professional fees.
The figure above a general guide to costs for renewing a lease, but we are not able to advice on a more accurate figure without more detailed investigations. You should not use this information in tribunal or court proceedings. There may be additional issues that need to be considered and you obviously want to be as accurate as possible in your negotiations. Neither should you take any other action based on this information before getting professional advice.
The solicitors conducting our conveyancing in Polegate has sent documents to review that state the land is unregistered with epitome documents. Surely all houses in Polegate should be registered?
Almost all property in Polegate is registered. An 'epitome' is basically a dossier of photocopies of documents affecting an unregistered title. Plenty of Polegate conveyancing lawyers should be familiar with such matters but in the event that uncertainty prevails the usual recommendation presently seems to be for the vendor’s solicitor to register the title first and thereafter sell - this no doubt result in a drawn-out home move.