Is it correct that all Aylestone CQS (Conveyancing Quality Scheme) solicitors are on the Coventry BS conveyancing list of approved firms?
Some major banks and building societies now utilise the accreditation scheme as the kick off point for Panel membership such as HSBC and Santander. The Law Society’s CQS membership however gives no guarantee to lender panel acceptance. That being said,the CML have indicated that it is likely to become a pre-requisite for solicitors wishing to remain on their approved list of conveyancing solicitors.
I have paid off my mortgage with UBS. I assume I don't need a Aylestone property lawyer on the UBS panel to discharge the mortgage at the Land Registry. Am I right?
If you have finished paying off your UBS mortgage, they may send you evidence showing that you have paid it off. Alternatively they may notify the Land Registry directly. The Land Registry need to see this evidence before they will remove the UBS mortgage from the register. UBS, and any evidence they send you, will determine the action you need to take. In cases where no conveyancer is acting for you and you have paid off your mortgage:
- but are not moving to another property
- where UBS has sent the Land Registry the discharge electronically, and
- UBS has instructed the Land Registry to do so
Intending to buy a flat in Aylestone. I have received an online quote from a licenced conveyancer, which states: "There will be no charge for dealing with the Building Society if you are obtaining a mortgage". I take this to mean that there will be no additional fee if the solicitor is on the Yorkshire BS conveyancing panel. I wanted to make sure it means there will be no additional fees for dealing with the mortgage.
They are simply saying that the cost for acting for the lender is included in the fee being quoted. It is worth you checking that the Aylestone property lawyer is on the Yorkshire BS conveyancing panel.
I have justbecome aware that Stirling Law have been shut down. They carried out my conveyancing in Aylestone for a purchase of a freehold house 12 months ago. How can I establish that the property is registered correctly in the name of the former proprietor?
The easiest method to check if the premises is registered to you, you can make a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Aylestone conveyancing specialists.
Due to the encouragement of my in-laws I had a survey completed on a property in Aylestone in advance of retaining lawyers. I have been told that there is a flying freehold overhang to the house. The surveyor advised that some banks tend not issue a mortgage on this type of property.
It depends who your proposed lender is. Santander has different requirements from Nationwide. Should you wish to telephone us we can investigate further with the appropriate mortgage company. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Aylestone. Conveyancing may be slightly more expensive based on your lender's requirements.
I need to appoint a conveyancing solicitor for freehold conveyancing in Aylestone. I have discover a site which looks to be the ideal answer If it is possible to get all this stuff completed via email that would be preferable. Should I be concerned? What are the potential pitfalls?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?
There are only Seventy years unexpired on my flat in Aylestone. I now want to extend my lease but my landlord is missing. What should I do?
On the basis that you qualify, under the Leasehold Reform, Housing and Urban Development Act 1993 you can submit an application to the County Court for for permission to dispense with the service of the initial notice. This will mean that your lease can be granted an extra 90 years by the magistrate. However, you will be required to prove that you have made all reasonable attempts to find the freeholder. On the whole a specialist would be helpful to try and locate and prepare an expert document to be used as proof that the landlord can not be located. It is advisable to get professional help from a conveyancer both on investigating the landlord’s absence and the application to the County Court covering Aylestone.
Aylestone Conveyancing for Leasehold Flats - A selection of Questions you should ask before Purchasing
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The prefered form of lease structure is a share of the freehold. In this scenario the lessees have being in charge if their destiny and notwithstanding that a managing agent is usually retained if it is bigger than a house conversion, the managing agent is directed by the tenants. Where a Aylestone lease has fewer than 80 years it will impact the value of the apartment. It is worth checking with your mortgage company that they are willing to to proceed given the lease term. A short lease means that you will most likely require a lease extension at some point and you need to have some idea of how much this would cost. Remember, in most cases you would need to own the property for 24 months before you are entitled to extend the lease. Are there any major works on the horizon that could increase the service fees?
I am buying a garden apartment in Aylestone. Conveyancing solicitor has been waiting for, from the owner, building insurance paperwork. Earlier today I was advised that the vendor must forward the insurance paperwork for the flat above in addition. Why would my lawyer need to check the insurance for the flat above? Is it really necessary? We have been in hold for the last 4 weeks…
It is not impossible in leasehold conveyancing in Aylestone to discover Conveyancing in Aylestone in a minority of cases reveals that the lease provides for the tenant's to insure their individual flats rather than the freeholder insuring the entire premises - which is definitely better. You should clarify with your conveyancer but it would appear that your property lawyer is looking to establish that the entire building is insured. Insuring a ground floor flat is no help when it comes to rebuilding after a fire if the 1st floor cannot be reconstructed as a result of lack of insurance.