My lawyer has identified a a problem with the lease for the apartment we are buying in Rush Green. The other side have put forward title insurance as a solution. We are content with insurance and will pay for it. Our property lawyer has advised that he must check that the bank is willing to move forward with this solution. Are we the client or is the mortgage company ?
Regardless of the fact that you have a mortgage offer from the bank does not mean to say that the property will meet their specifications for the purposes of a mortgage. Your lawyer has to ensure that the lease has to comply with the UK Finance Lenders’ Handbook provisions. You and the mortgage company are the client. The appropriate lender conditions have to be complied with.
What will a local search inform me concerning the property we're purchasing in Rush Green?
Rush Green conveyancing often commences with the applying for local authority searches directly from your local Authority or via a personal search company for instance Searches UK The local search plays an important role in most Rush Green conveyancing purchase; that is if you wish to avoid any nasty once you have moved into your property. The search will reveal data on, amongst other things, details on planning applications relevant to the premises (whether granted or refused), building control history, any enforcement action, restrictions on permitted development, nearby road schemes, contaminated land and radon gas; in all a total of thirteen topic headings.
I have recentlyfound out that Action Conveyancing have been shut down. They conducted my conveyancing in Rush Green for a purchase of a leasehold flat 18 months ago. How can I be sure that the property is registered correctly in the name of the previous owner?
The quickest way to check if the property 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 Rush Green conveyancing specialists.
I am selling my home. My former lawyers have shut. It would be helpful to have a recommendation of a conveyancing firm. Im based in Rush Green if that affects matters.
You should use our search tool to help you choose a solicitor for your conveyancing in Rush Green. We have connected thousands of home buyers and sellers with regulated solicitors to ensure that the legalities of their house move goes smoothly.
Looking forward to exchange soon on a basement flat in Rush Green. Conveyancing solicitors assured me that they report fully within the next couple of days. Are there areas in the report that I should be focusing on?
Your report on title for your leasehold conveyancing in Rush Green should include some of the following:
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The physical ownership of the demise. This will be the apartment itself but could also include a loft or basement if appropriate. You need to be told what counts as a Nuisance as far as the lease is concerned You should have a good understanding of the insurance requirements Rent payments - what is payable and when is collected, and also know whether this is subject to change You should know if the lease allows you to alter or improve anything in the flat- you must be made aware as to whether it relates to all alterations or limited to structural alteration, and whether permission is mandated necessary
I have tried to negotiate informally with with my landlord for a lease extension without getting anywhere. Can the Leasehold Valuation Tribunal decide on such issues? Can you recommend a Rush Green conveyancing firm to represent me?
You certainly can. We can put you in touch with a Rush Green conveyancing firm who can help.
An example of a Lease Extension case for a Rush Green flat is 37 Lodge Court High Street in November 2013. the decision of the LVT was that the premium to be paid for the new lease was £25,559 This case affected 1 flat. The remaining number of years on the lease was 57.5 years.
I have appointed a Rush Green conveyancing solicitor for our home move (first time buyers) and have spotted in the engagement letter that they are not covered by the FCA. Am I right to be worried or is that standard with property lawyer?
We can't see why they should be. Most lawyer don't lend money. You should check that they are regulated by the Solicitors Regulation Authority, who set specific laws in relation to monies held by them.