My mortgage broker requires my Queensbury solicitor’s panel reference for the HSBC conveyancing panel. Can you suggest how I discover this. I have called my local Queensbury office but they cant find it on their system.
You are best placed to get this information from your Queensbury conveyancer . Most Queensbury law firms will keep a file or database of lender panel information which would include, if applicable, their conveyancing panel details for each bank.
My wife and I are only a couple days away from an exchange on a house in Queensbury and my parents have sent the exchange deposit to my solicitor. I am now told that as the deposit has not arrived from me my conveyancing practitioner needs to make a notification to my bank. I am advised that, in also acting for the mortgage company he must inform them that the balance of the purchase price is coming from anyone other than me. I disclosed to the bank about my parents' contribution when I applied for the mortgage, so is it really appropriate for this now to hold matters up?
The property lawyer is duty bound to clarify with lender to ensure that they understand that the balance of the purchase price is not from your own resources. Your solicitor can only disclose this to your lender if you agree, failing which, your lawyer must cease to continue acting.
Do banks and building societies provide you with an approved list of Queensbury conveyancing solicitors? How do you know who is on the Clydesdale conveyancing panel?
Queensbury conveyancing firms themselves provide us confirmation that they are on the Clydesdale conveyancing panel as opposed to being supplied with a list from Clydesdale directly.
Due to the guidance of my in-laws I had a survey completed on a property in Queensbury in advance of retaining conveyancers. I have been advised that there is a flying freehold element to the property. Our surveyor advised that some banks tend not grant a loan on such a premises.
It varies from the lender to lender. Santander has different instructions from Halifax. Should you wish to telephone us we can investigate further with the relevant mortgage company. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Queensbury. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Queensbury to see if the conveyancing will be more expensive.
I am hoping to exchange soon on a leasehold property in Queensbury. Conveyancing solicitors have said that they will have a report out to me tomorrow. Are there areas in the report that I should be focusing on?
Your report on title for your leasehold conveyancing in Queensbury should include some of the following:
Who has the liability to repair and maintain the building. It is essential that you know which party is responsible the repair and maintenance of all parts of the block and communal areas Whether the lease restricts you from renting out the property, or working from home You should know if the lease allows you to change or upgrade aspects of the property- you must be made aware as to whether it relates to all alterations or just structural alteration, and whether licences for alterations is mandated necessary Defining your legal entitlements in relation to common areas in the building.E.G., does the lease permit a right of way over a path or hallways? The unexpired lease term. You should be advised as what happens when the lease ends, and informed of the importance of the 80 year mark
I have given up trying to purchase the freehold in Queensbury. Can this matter be resolved via the Leasehold Valuation Tribunal?
Most certainly. We are happy to put you in touch with a Queensbury conveyancing firm who can help.
An example of a Lease Extension matter before the tribunal for a Queensbury flat is 20 Orchard Court Stonegrove in June 2009. The tribunal decided that a premium of £11,040 should be payable for the new lease This case related to 1 flat. The unexpired term was 71.55 years.
I see that you have a search directory identifying law firms on the lender conveyancing panel. Do Queensbury conveyancing firms pay you a referral fee if I appoint them for my own conveyancing?
We are a listing service only for law firms wishing to communicate if they are on the bank conveyancing panel or other lender panels. We do not charge referral fees to the any conveyancer that you subsequently appoint for your conveyancing in Queensbury.