I had intended to instruct a property lawyer in Surbiton for our house purchase. Our financial adviser informed us that our bank Clydesdale won't deal with them. Surely this is unduly restrictive?
Before the recession most banks had an appetite for risk which was higher than today. Almost all Surbiton conveyancing firms would have been on most lender panels. The Financial Services Authority in 2010 carried out a thematic investigation into mortgage fraud which concluded: mortgage lenders should know the conveyancing solicitors dealt with. Consequently, lenders have regularly sought more data from law firms regarding their operations and their employees and establishing certain criteria such a completing on a minimum number of conveyancing. Many Surbiton conveyancing firms that have been excluded from lender panels have Unblemished track record, no complaints and no claims and didn't just 'dabble' in conveyancing. Surbiton is amongst the thousands of locations where the solicitors showing on our search results are are authorised to act for Clydesdale.
I require expedited conveyancing in Surbiton as I am faced with pressure to exchange contracts within one month. A home loan is not required. Can I escape the need for conveyancing searches to save money and time?
If.Given you are are a cash buyer you are at free not to do searches although no conveyancer would suggest that you don't. With plenty of history conveyancing in Surbiton the following are examples of issues that can appear and therefore impact future saleability: Refused Planning Applications, Overdue Fees, Overdue Grants, Road Schemes,...
The estate agent has sent us the confirmation of our purchase of a new build flat in Surbiton. Conveyancing is daunting at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build conveyancing.
Set out below are examples of a few leasehold new build enquiries that you may expect your new-build leasehold conveyancing in Surbiton
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Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme. Forfeiture - bankruptcy or liquidation must not apply under this provision. Please provide evidence that the form of Lease proposed has been approved by the Land Registry. Where service of notices and proceedings can be at the property demised please confirm that this can be amended to include simultaneous services at the Lessees’ solicitors’ offices where the Lessee from time to time is not resident in the UK - such solicitors may be varied by notice in writing to the Landlord from time to time but otherwise will be as previously specified.
In my capacity as executor for the will of my grandmother I am disposing of a residence in Swansea but reside in Surbiton. My conveyancer (based 200 miles awayhas requested that I execute a stat dec prior to the transaction finalising. Could you suggest a conveyancing solicitor in Surbiton to attest this legal document for me?
Technically speaking you are not likely to be required to have the documents witnessed by a conveyancing solicitor. Ordinarily any notary public or solicitor will suffice regardless of whether they are based in Surbiton
I've recently bought a leasehold property in Surbiton. Am I liable to pay service charges for periods before completion of my purchase?
In a situation where the service charge has already been demanded from the previous owner and they have not paid you would not usually be personally liable for the arrears. Strange as it may seem, your landlord may still be able to take action to forfeit the lease. It is an essential part of leasehold conveyancing for your conveyancer to ensure to have an up to date clear service charge receipt before completion of your purchase. If you have a mortgage this is likely to be a requirement of your lender.
If you purchase part way through an accounting year you may be liable for charges not yet demanded even if they relate to a period prior to your purchase. In such circumstances your conveyancer would normally arrange for the seller to set aside some money to cover their part of the period (usually called a service charge retention).
I inherited a two-bedroom flat in Surbiton. In the absence of agreement between myself and the freeholder, can the Leasehold valuation Tribunal make a decision on the sum payable for a lease extension?
if there is a absentee landlord or if there is dispute about what the lease extension should cost, under the relevant legislation it is possible to make an application to the LVT to calculate the premium.
An example of a Lease Extension case for a Surbiton residence is Flat D 15 Claremont Gardens in September 2013. TheTribunal determined in accordance with section48 and Schedule13 of the Leasehold Reform,Housing and Urban Development Act 1993 that the premium for the extended lease should be fourteen thousand one hundred and eighty seven pounds (£14,187.00) This case was in relation to 1 flat.
Can I determine who is the owner of a house in Surbiton?
As long as the property is registered with HMLR, and you have enough specifics of the location of the property, you will be able to see results from the the Land Registry of the registered owner for a fee.