The Woodcote Green conveyancing firm handling our Woodcote Green conveyancing has uncovered an inconsistency when comparing the information in the home valuation survey and what is in the conveyancing documents. My lawyer informs me that he is obliged to ensure that the bank is OK with this discrepancy and is still content to lend. Is my conveyancer’s approach correct?
Your property lawyer must comply with the UK Finance Lenders’ Handbook requirements which do require that your lawyer disclose any incorrect assumptions in the lender’s valuation report and the legal papers. Should you refuse to allow your lawyer to make the appropriate notification then your lawyer will have no choice but to discontinue acting for both parties.
How do I discover of the solicitor conducting my conveyancing in Woodcote Green is on the bank’sconveyancing panel? I am looking to avoid the situation of having one lawyer for me and one for Bank of Scotland thus paying £187.00 plus VAT in supplemental legal charges.
You should make the most of the search tool on this web page. Please choose the lender and type ‘Woodcote Green’ or your location and you will see numerous conveyancers based in Woodcote Green or by proximity to you.
My wife and I have a terraced Victorian property in Woodcote Green. Conveyancing solicitor acted for me and Aldermore. I did a free Land Registry search last week and there are two entries: one for freehold, the second leasehold with the matching property. I'd like to know for sure, how can I find out??
You need to review the Freehold register you have again and check the Charges Register for mention of a lease. The best way to be sure that you are also the registered proprietor of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Woodcote Green and other locations in the country and poses no real issues for owners other than when they sell they have to account for both freehold and leasehold interests when dealing with purchasers. You can also question the position with the conveyancing solicitor who carried out the work.
Just had an offer accepted on a new build apartment in Woodcote Green. Conveyancing is necessary evil 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 few leasehold new build enquiries that you should expect your new-build leasehold conveyancing in Woodcote Green
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Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents. Please supply a car parking plan. If there are lifts in the building, please confirm that the owners of flats on the ground and basement floors will not be required to contribute towards the cost of maintenance and renewal. Please confirm the Lease plans are surveyor prepared.
We're novice buyers - agreed a price, yet the property agent told us that the vendor will only issue a contract if we instruct the agent's chosen conveyancers as they want an ‘expedited deal’. We would rather use a family conveyancer who is familiar with conveyancing in Woodcote Green
It is unlikely the owners are driving this. If they require ‘a quick sale', turning down a serious buyer is is going to put the whole deal at risk. Try to communicate with the sellers directly and explain that (a)you are keen to buy (b)you are excited to move forward, with finances arranged © you have nothing to sell (d) you wish to move quickly (e)however you are going to appoint your preferred Woodcote Green conveyancing firm - as opposed tothe ones that will give the negotiator at the agency a introducer fee or meet his conveyancing targets set by HQ.
My fiance and I may need to rent out our Woodcote Green basement flat temporarily due to a new job. We used a Woodcote Green conveyancing firm in 2004 but they have since shut and we did not have the foresight to get any advice as to whether the lease allows us to sublet. How do we find out?
A lease governs the relationship between the freeholder and you the flat owner; specifically, it will indicate if subletting is not allowed, or permitted but only subject to certain conditions. The rule is that if the lease contains no specific ban or restriction, subletting is allowed. Most leases in Woodcote Green do not prevent strict prohibition on subletting – such a provision would adversely affect the market value the property. Instead, there is usually simply a requirement that the owner notifies the freeholder, possibly sending a copy of the tenancy agreement.
We have reached the end of our tether in trying to purchase the freehold in Woodcote Green. Can the Leasehold Valuation Tribunal adjudicate on premiums?
in cases where there is a missing landlord or if there is dispute about the premium for a lease extension, under the relevant legislation you can apply to the Leasehold Valuation Tribunal to assess the premium.
An example of a Lease Extension decision for a Woodcote Green premises is Ground Floor Maisonette 17 Milton Road in January 2014. The Tribunal determined the premium payable by the Applicant to the should be £13,299 This case affected 1 flat. The remaining number of years on the lease was 71.73 years.