We are due to exchange on the purchase of a house in Slade Green but as a consequence of damage from some water damage at the property I have managed to agree compensation from the seller of £2k by way of a adjustment in the price. I had intended this to be addressed as part of amending the contract however Clydesdale are not allowing this. Should they have been involved?
The conveyancing practitioner that is on a Clydesdale conveyancing panel is duty bound to inform Clydesdale of any amendments to the purchase price. If you were to refuse your conveyancer to notify the price change to Clydesdale then they would have to discontinue acting for you. In addition, Clydesdale and you would have to appoint a new property lawyer for your conveyancing in Slade Green.
Do lenders provide you with an approved list of Slade Green conveyancing solicitors? How do you know who is on the UBS conveyancing panel?
Slade Green conveyancing firms themselves provide us confirmation that they are on the UBS conveyancing panel as opposed to being supplied with a list from UBS directly.
We are purchasing a 2 bedroom flat in Slade Green with a mortgage from Skipton Building Society.We use our Slade Green conveyancing practitioner but Skipton Building Society says her practice is not on their "panel". We have to appoint a Skipton Building Society panel solicitor or retain our high street solicitor and pay for a Skipton Building Society panel lawyer to represent them. This seems very unfair; Can we not simply insist that Skipton Building Society use our lawyer?
No, not really. The loan offered to you is subject to its various provisions, one of which will be that lawyers must be on the Skipton Building Society approved list. Until recently, most mortgage companies had large numbers of solicitors 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. A further alternative is for your solicitors to apply to be on the conveyancing panel for Skipton Building Society
Is there anything unique about your site and alternative web based conveyancing brokers for conveyancing in Slade Green?
At this site receive an accurate costs illustration via a Solicitor or Licensed Conveyancer that understands the issues for your conveyancing in Slade Green. As opposed to estate agents and brokerage sites we are not in the business of charging firms a commission if you appoint them for your home move in Slade Green
I am 18 days into a residential purchase having been referred to conveyancers by the high street agent to execute conveyancing in Slade Green. I am am starting to be dissatisfied with the quality of service. Could you help me find new conveyancers?
A solicitor would need to be really poor to suggest changing them. Has your mortgage offer been sent? If so you will need to inform them of the replacement lawyer and get the offer are re-sent. Your new conveyancer needs to be on the mortgage company panel to avoid escalating charges and complications. So that should be your first question of the new solicitors. Our find a solicitor tool should assist you in finding a lender approved solicitor for your home move in Slade Green
I am a negotiator for a reputable estate agent office in Slade Green where we have experienced a few leasehold sales derailed due to short leases. I have been given contradictory information from local Slade Green conveyancing firms. Could you confirm whether the seller of a flat can initiate the lease extension process for the purchaser on completion of the sale?
Provided that the seller has owned the lease for at least 2 years it is possible, to serve a Section 42 notice to start the lease extension process and assign the benefit of the notice to the purchaser. The benefit of this is that the proposed purchaser need not have to wait 2 years for a lease extension. Both sets of lawyers will agree to form of assignment. The assignment has to be done prior to, or at the same time as completion of the disposal of the property.
An alternative approach is to extend the lease informally by agreement with the landlord either before or after the sale. If you are informally negotiating there are no rules and so you cannot insist on the landlord agreeing to grant an extension or transferring the benefit of an agreement to the buyer.
I have attempted and failed to negotiate with my landlord to extend my lease without getting anywhere. Can one make an application to the Leasehold Valuation Tribunal? Can you recommend a Slade Green conveyancing firm to assist?
if there is a missing freeholder or if there is dispute about the premium for a lease extension, under the Leasehold Reform, Housing and Urban Development Act 1993 you can apply to the LVT to assess the amount due.
An example of a Lease Extension matter before the tribunal for a Slade Green residence is Various @ Colombus Square in January 2012. the Tribunal calculated the premiums to be paid for new leases for each of the flats in Mariners Walk to be £3822 and the premium to be paid for the new lease of 2 Knights Court to be £4439. This case related to 13 flats. The unexpired lease term was 76 years.