How up to date is your database of Bankside solicitors on the Barclays conveyancing panel? Do Barclays send you an updated list?
Bankside conveyancing firms themselves provide us confirmation that they are on the Barclays conveyancing panel as opposed to being supplied with a list from Barclays directly.
Just bought a semi-detached house in Bankside , how long will it take for the Land Registry to register my ownership? My Bankside conveyancing solicitor works at snail pace, so I want to be sure that my name is registered.
There is nothing unique about conveyancing in Bankside registration formalities. Rather than based on location, timescales can differ according to who lodges the application, whether it is in order and if the Land registry need to notify any third persons or bodies. As of today in the region of three quarters of submission are fully addressed in less than three weeks but some can be subject to longer hold-ups. Registration takes place once the new owner is living at the premises so registration formalities is not usually primary concern but where there is a degree of urgency associated with the registration then you or your lawyers must speak with the land registry and explain the circumstances.
How does conveyancing in Bankside differ for new build properties?
Most buyers of new build premises in Bankside come to us having been asked by the developer to sign contracts and commit to the purchase even before the premises is built. This is because new home sellers in Bankside tend to purchase the site, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct property lawyers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are accustomed to new build conveyancing in Bankside or who has acted in the same development.
How do I search for a Bankside law firm on the Platform Home Loans Ltd conveyancing panel? I have a car and am happy to travel upto 20miles to meet the conveyancer.
You can use the tool on this website. Please pick a bank and your location and you will see a number of Bankside conveyancing lawyers based on proximity. We have detailed some Bankside conveyancing firms towards the end of this page and you can ring them to see whether they are on the Platform Home Loans Ltd panel
Do you have any top tips for leasehold conveyancing in Bankside with the intention of saving time on the sale process?
- A significant proportion of the frustration in leasehold conveyancing in Bankside can be reduced where you get in touch lawyers the minute you market your property and ask them to put together the leasehold documentation which will be required by the buyers’ lawyers. Many landlords or Management Companies in Bankside levy fees for providing management packs for a leasehold home. You or your lawyers should find out the fee that they propose to charge. The management information sought as soon as you have a buyer, thus accelerating the process. The typical amount of time it takes to obtain the necessary information is three weeks. It is the most usual cause of frustration in leasehold conveyancing in Bankside. If you have had conflict with your freeholder or managing agents it is essential that these are resolved before the property is put on the market. The purchasers and their solicitors will be reluctant to purchase a property where a dispute is unresolved. You may have to bite the bullet and discharge any arrears of service charge or settle the dispute prior to completion of the sale. It is therefore preferable to have any dispute settled ahead of the contract papers being issued to the buyers’ solicitors. You will still have to reveal details of the dispute to the purchasers, but it is better to present the dispute as historic rather than unsettled. If you have carried out any alterations to the residence would they have required Landlord’s approval? Have you, for example laid down wooden flooring? Bankside leases often stipulate that internal structural changes or installing wooden flooring require a licence from the Landlord acquiescing to such alterations. If you fail to have the paperwork to hand you should not communicate with the landlord without checking with your conveyancer before hand.
Despite our best endeavours, we have been unsuccessful in trying to reach an agreement for a lease extension in Bankside. Can the Leasehold Valuation Tribunal adjudicate on premiums?
Most certainly. We are happy to put you in touch with a Bankside conveyancing firm who can help.
An example of a Freehold Enfranchisement matter before the tribunal for a Bankside flat is 1-41 Royal Tower Lodge 40 Cartwright Street in April 2013. the tribunal adding the agreed value of capitalised ground rents and the reversion the price to be paid for the freehold was £1,187,000 This case was in relation to 41 flats. The unexpired residue of the current lease was 107 years.
I have today had an offer accepted on an apartment in Bankside and the estate agent that we are using recommended his conveyancer. He quoted a thousand pounds including VAT and 3rd party costs. Does this sound expensive?
Don't just go on 1 quote. One should seek like-for-like quotes for your conveyancing in Bankside. Then choose one that you are comfortable with and just as important, is on the approved panel of the mortgage company that you have applied for a mortgage from.