I am buying a maisonette in Whetstone. My Solicitor has never been on on the mortgage company approved panel. Can I still appoint my Whetstone conveyancing solicitor notwithstanding that they are excluded from the bank approved list?
You will need to appoint a property lawyer to deal with the legal work required when you take out a mortgage to purchase your property. They will carry out all the essential due diligence on the property, ensuring that you will be registered as proprietor and ensure that all the required mortgage paperwork is dealt with. You could appoint a Whetstone conveyancer of your choosing. Nevertheless, if the solicitor selected is not a member of the mortgage company approved list additional charges will be incurred as separate legal representation will be need by the mortgage company. Bank panel applications can be submitted, so provided your conveyancer has not in the past applied for membership they should take the chance to apply.
My colleague advised me that where I am purchasing in Whetstone I should ask my conveyancer to perform a Neighbourhood, Planning and Local Amenity Search. What does it cover?
This is a search is sometimes included in the estimate for your Whetstone conveyancing searches. It is a large report of about 40 pages, listing and detailing significant information about Whetstone around the property and the people living there. It includes an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the Whetstone Housing Market, Council Tax Banding, the type of People living in the area, the dominant type of Housing, the Average Property Price, Crime details, Local Education with maps and statistics, Local Amenities and other useful data about Whetstone.
Despite weeks of looking the Title Certificate and documents to our home can not be found. The lawyers who dealt with the conveyancing in Whetstone 5 years ago have long since closed. What are my next steps?
You no longer need to hold title official documentation to prove you own the land or premises, as the Land Registry hold details of all registered land or property electronically.
I decided to have a survey carried out on a house in Whetstone before retaining solicitors. I have been advised that there is a flying freehold overhang to the property. My surveyor has said that some banks will refuse to give a mortgage on such a home.
It varies from the lender to lender. Bank of Scotland has different instructions from Nationwide. If you e-mail us we can investigate further via the relevant lender. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Whetstone. Conveyancing will be smoother if you use a solicitor in Whetstone especially if they regularly deal with such properties in Whetstone.
What makes your site different to other internet conveyancing brokers for conveyancing in Whetstone?
At this site get a conveyancing costs illustration from a Solicitor or Licensed Conveyancer that appreciates the issues for your conveyancing in Whetstone. Unlike many estate agents and brokerage sites we are not in the business of charging firms a fee if you appoint them for your property ownership legalities in Whetstone
I've recently bought a leasehold flat in Whetstone. Am I liable to pay service charges relating to a period prior to my ownership?
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. However, your landlord may still be able to take action to forfeit the lease. A critical element 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).
Having spent months of correspondence we are unable to agree with our landlord on how much the lease extension should cost for our flat in Whetstone. Can we issue an application to the Residential Property Tribunal Service?
if there is a absentee landlord or where there is dispute about the premium for a lease extension, under the Leasehold Reform, Housing and Urban Development Act 1993 it is possible to make an application to the Leasehold Valuation Tribunal to assess the premium.
An example of a Lease Extension case for a Whetstone flat is Flat 2 2 Netherfield Road in April 2010. The Tribunale held that premium payable for a 90 year extension to the existing Lease should be £7,705. This case affected 1 flat. The unexpired term was 76 years.