My mortgage broker says he needs my West Norwood solicitor’s panel member for the Nat West conveyancing panel. How do I find this out. I have called my local West Norwood branch but they cant find it on their system.
The sensible thing to do is ask for this information from your West Norwood conveyancer . They maintain a central record lender panel numbers.
Can I use your services to locate a Conveyancing solicitor in West Norwood even if I’m not purchasing or disposing of a house, for instance if I want to acquire a shop in West Norwood with a loan from Bank of Scotland?
The service is primarily there to find residential conveyancing solicitors in West Norwood but we have listed towards the end of this page a few West Norwood commercial conveyancing firms. You will need to enquire with the firm directly to establish if they are also authorised to represent Bank of Scotland
Have completed on a a semi-detached house in West Norwood , how long will it take for the Land Registry to register my title? My West Norwood conveyancing solicitor works at snail pace, so I want to check the land registry aspects are concluded.
As far as conveyancing in West Norwood registration is no faster or slower than the rest of the country. Rather than based on location, timeframes can differ subject to who lodges the application, whether it is in order and whether the Land registry must send notices to any 3rd parties. Currently roughly three quarters of submission are fully addressed in less than three weeks but some can be subject to extensive hold-ups. Historically registration is effected after the purchaser is living at the property so an expedited registration is not always an essential issue yet if there is a degree of urgency associated with the registration then you or your solicitor must speak with the land registry and explain the circumstances.
About to purchase a new build apartment in West Norwood. 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 legal work.
Set out below is a sample of a selection of leasehold new build enquiries that you may expect your new-build leasehold conveyancing in West Norwood
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There must be mutual enforceability of lessee’s covenants. Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents. Please supply a car parking plan. Please provide evidence that the form of Lease proposed has been approved by the Land Registry. Where there is an Undertaking being granted there is the risk of forfeiture of the Headlease subject to relief if one or more of the Underlessees are willing to accept the original Head Lessee’s obligations as otherwise relief will be denied to the Underlessees. The only alternatives are the Head Lessor agreeing not to forfeit the Headlease or the Head Lessee guaranteeing to the Underlessees that it will not be in breach of the Headlease.
I am looking for a ground for flat up to £245,000 and found one close by in West Norwood I like with a park and station nearby, however it only has 52 years on the lease. There is not much else in West Norwood in this price bracket, so just wondered if I would be making a grave error acquiring a lease with such few years left?
Should you need a mortgage that many years will likely be an issue. Discount the offer by the amount the lease extension will cost if it has not already been discounted. If the existing owner has owned the premises for a minimum of 2 years you can ask them to commence the lease extension formalities and then assign it to you. You can add 90 years to the current lease and have £0 ground rent by law. You should consult your conveyancing solicitor regarding this matter.
Our solicitor in West Norwood has informed me that he requires proof of ID documents saying that this forms part of his requirements as a conveyancer on the bank Solicitor panel. Am I being spun a yarn?
Due to Money Laundering Regulations your conveyancing lawyer is duty bound to confirm positively your identification when entering into a business relationship with you. It is a criminal offence if your lawyer not do this. If you do not provide ID early in the transaction the solicitor must refuse to act for you. It’s unlikely a lawyer will turn you away if you come to the first meeting without relevant ID but you will have to produce it at some point so you might as well bring it with you to the initial meeting so the lawyer can tick the ID verification box and start sorting out the conveyancing straight away. If you are getting a mortgage, your lawyer also has to check ID documents to satisfy the mortgage company. This is not specific to conveyancing in West Norwood