I have just been advised by my estate agent that my Barkingside property lawyer is not on the bank Solicitor panel. What can I do to be certain whether this is indeed the case?
The best course of action for you to take is to contact your Barkingside conveyancer. You lawyer should inform you of the situation. Where they are not on the panel they may recommend you to a Barkingside conveyancing firm that is on the approved list of lawyers for your bank.
Our grandson is buying a house that has just been built in Barkingside with a mortgage from Lloyds. His lawyer has said that there is a delay in completing the ‘Disclosure of Incentive Form’. This document is news to me - what is it and who needs sight of it?
The document is intended to provide information to the main parties involved in the transaction. Therefore, it will be provided to your son’s lawyer who should be on the Lloyds conveyancing panel as a standard part of the process, and to the surveyor when requested. The developer will be required to start the process by downloading the form and completing it. The form will therefore need to be available for the valuer at the time of his or her site visit. The form should be sent to the Lloyds conveyancing panel solicitor as early as possible, in order to avoid any last minute delays, and no later than at exchange of contracts.
Finally the sale completed on my house in Barkingside last September yet the purchaser is telephoning daily to say his solicitor needs to hear from mylawyer. What are the post completion sale formalities following completion?
Post completion of your sale your conveyancer is obliged to forward the transfer deeds and all of the paperwork to the purchaser's lawyers. Where relevant, your conveyancer should also confirm that the home loan has been redeemed to the buyers lawyers. There are no post completion steps just for conveyancing in Barkingside.
Various web forums that I have frequented warn that are the number one cause of stalling in Barkingside conveyancing transactions. Is there any truth in this?
The Council of Property Search Organisations (CoPSO) has noted the conclusions of research by MoveWithUs that conveyancing searches do not feature amongst the common causes of delays during the legal transfer of property. Local searches are not likely to be the root cause of delay in conveyancing in Barkingside.
What makes your site different to other online quote calculators when it comes to conveyancing in Barkingside?
At this site get a conveyancing costs illustration via a Solicitor or Licensed Conveyancer that has a full understanding of the nuances for your conveyancing in Barkingside. As opposed to estate agents and many comparison sites we are not in the business of charging firms a commission if you choose them for your conveyancing in Barkingside
Last September I purchased a leasehold property in Barkingside. Do I have any liability for service charges for periods before completion of my purchase?
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. It is an essential part of leasehold conveyancing for your conveyancer to be sure 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).
I have attempted and failed to negotiate with my landlord to extend my lease without getting anywhere. Can the Leasehold Valuation Tribunal decide on such matters? Can you recommend a Barkingside conveyancing firm to help?
Most certainly. We can put you in touch with a Barkingside conveyancing firm who can help.
An example of a Lease Extension decision for a Barkingside premises is 104 Coventry Road in July 2014. The Tribunal determined that the lease extension permium should be £22,896.15 This case was in relation to 1 flat. The remaining number of years on the lease was 60.29 years.