My husband and I are purchasing a 1 bedroom apartment in Rowlands Gill with a mortgage. We have a Rowlands Gill conveyancer, but the lender advise she’s not on their "panel". We have to appoint one of the lender panel conveyancing practices or continue with our Rowlands Gill property lawyer as well as pay for one of their panel lawyers to represent them. This feels very unfair; is there anything we can do?
Unfortunately,no. The mortgage offered to you is subject to its terms and conditions, one of which will be that lawyers will on the lender’s conveyancing panel. Until recently, most lenders had large numbers of law firms on their panels: a borrower could choose one for themselves, as long as it was on the lender's panel. The lender would then simply instruct the borrower's lawyers to act for the lender, too. You can use your lender's panel lawyers or you could borrow from another lender which does not restrict your choice. Another option that might be available is for your Rowlands Gill conveyancing lawyer to apply to be on the conveyancing panel.
My brother and I have lately purchased a house in Rowlands Gill. We have since encountered a number of issues with the property which we consider were missed in the conveyancing searches. Is there anything we can do? Can you clarify the type of searches that needed to have been ordered for conveyancing in Rowlands Gill?
It is not clear from the question as what problems have arisen and if they are unique to conveyancing in Rowlands Gill. Conveyancing searches and investigations undertaken as part of the legal transfer of property are supposed to help avoid problems. As part of the process, the vendor answers a form called a Seller’s Property Information Form. If the information provided is misleading, then you may have a claim against the seller for any losses that you have suffered. The survey should have identified any problems with the structure of the property. Assuming a detailed survey was carried out and the issues were not identified, you may have a claim against the surveyor. However, if you did not have a full survey, you may be responsible for fixing any defects that have now been noted. We would always encourage buyers to take every possible step to ensure they are completely aware of the condition of a property before purchase regardless of whether they are buying in Rowlands Gill.
It is is a decade since I acquired my house in Rowlands Gill. Conveyancing solicitors have just been appointed on the sale but I am unable to track down my title documents. Is this a problem?
Don’t worry too much. First the deeds may be with the mortgage company or they could be in the possession of the conveyancers who handled your purchase. Secondly in all probability the title will be registered at the land registry and you will be able to establish that you are the registered owner by your conveyancing solicitors acquiring current official copies of the land registers. Almost all conveyancing in Rowlands Gill relates to registered property but in the unlikely event that your property is unregistered it is more problematic but is not insurmountable.
I need some fast conveyancing in Rowlands Gill as I am under pressure to sign on the dotted line in less than 3 weeks. A home loan is not required. Can I escape the need for conveyancing searches to save money and time?
As you are not getting a mortgage you are at liberty not to do searches although no law firm would suggest that you don't. Drawing on our experience of conveyancing in Rowlands Gill the following are examples of issues that can appear and adversely impact future mortgageability: Refused Planning Applications, Outstanding Charges, Overdue Grants, Road Schemes,...
Have purchased a a terraced house in Rowlands Gill , how long will it take for the Land Registry to record my title? My Rowlands Gill conveyancing solicitor works at snail pace, so I want to check the post completion formalities are dealt with.
There is nothing unique when it comes to conveyancing in Rowlands Gill registration formalities. Rather than based on location, timescales can adjust subject to the party submitting the application, whether it is in order and if the Land registry must send notices to any 3rd parties. At present in the region of three quarters of such applications are completed within 12 days but occasionally there can be protracted delays. Registration occurs once the new owner is living at the premises therefore 'speed' is not always an essential issue but if it is urgent that the the registration takes place urgently then you or your conveyancer could communicate with the Registry to express the reasoning for an expedited registration.
Having had my offer accepted I require leasehold conveyancing in Rowlands Gill. Before I set the wheels in motion I want to be sure as to the number of years remaining on the lease.
If the lease is registered - and 99.9% are in Rowlands Gill - then the leasehold title will always include the short particulars 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.
I invested in buying a ground floor flat in Rowlands Gill, conveyancing formalities finalised 9 years ago. Can you shed any light on how much the price could be for a 90 year extension to my lease? Comparable flats in Rowlands Gill with over 90 years remaining are worth £195,000. The average or mid-range amount of ground rent is £45 levied per year. The lease terminates on 21st October 2089
With only 64 years remaining on your lease we estimate the price of your lease extension to be between £14,300 and £16,400 as well as legals.
The figure that we have given is a general guide to costs for extending a lease, but we are not able to supply a more accurate figure without more detailed investigations. Do not use the figures in tribunal or court proceedings. There may be additional concerns that need to be considered and you obviously want to be as accurate as possible in your negotiations. You should not take any other action placing reliance on this information before getting professional advice.