My wife and I have recently appointed a conveyancing solicitor in Becontree. I I am struggling to find out whether they are on the Clydesdale approved list of lawyers. Could you or the lender confirm if they are on the panel?
The first thing you should do is contact your lawyer and enquire whether they can act for the lender. Alternatively you should call Clydesdale who may be able to assist.
I am aiming to move house in April. Does my conveyancing solicitor call the removal company on the completion day. On a separate note, can you recommend a removal company in Becontree. Conveyancing firm was chosen before I stumbled across your page.
On the day of completion you will need to collect the keys from your estate agent but this should only occur after the vendors solicitors confirm to the agent that they have the completion monies and the keys can be handed over. After that you can tell the removal men that you are ready to move in. As a matter of policy we do not suggest a specific removal company but can assist you in choosing a conveyancing in Becontree or a firm with expertise in conveyancing in Becontree.
Is it the case that all Becontree solicitors on the Nottingham conveyancing panel are overseen by the SRA?
As a firm of solicitors, in order to be on the Nottingham approved list of solicitors they would need to be overseen by the SRA. The majority of banks do allow licenced conveyancers on their panel and in such a situation the firms would be governed by the CLC.
My offer on a semi in Becontree has been accepted, but there is a chain. The sellers have put an offer on somewhere, but it’s not yet agreed to, and are looking at other properties in the pipeline. I have selected a bricks and mortar conveyancing solicitor in Becontree. What should be my next step? When do I get the mortgage application with Lloyds going?
It is understandable to have anxieties where there is a chain as you are unlikely to want to be too out of pocket prematurely (mortgage application is approx one thousand pounds, then survey, Becontree conveyancing search fees, etc). First, you must check that your property lawyer is on the Lloyds approved list. Regarding the subsequent stages this very much depends on the uniqueness of your case, attraction to this property and on the state of the market. In a buoyant market the majority of home buyers would apply for a home loan with Lloyds and arrange for the valuation and only if it comes back ok would they ask their solicitor to proceed with the conveyancing in Becontree.
It has been 2 months following my purchase conveyancing in Becontree took place. I have checked the Land Registry site which shows that I paid £175,000 when infact I paid £215,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the asset from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
I am looking for a flat up to £245,000 and identified one round the corner in Becontree I like with a park and transport links in the vicinity, however it's only got 51 years unexpired on the lease. I can't really find anything else in Becontree suitable, so just wondered if I would be making a mistake buying a lease with such few years left?
If you need a home loan the remaining unexpired lease term will likely be problematic. Reduce the offer by the anticipated lease extension will cost if not already taken into account. If the existing proprietor has owned the premises for a minimum of 2 years you may request that they start the process of the extension and pass it to you. An additional ninety years can be extended on to the existing lease term with a zero ground rent applied. You should speak to your conveyancing lawyer concerning this.
I was recommended by a number of selling agents in Becontree to get a quote from a solicitor using your seach tool. Is there a financial inducement for Estate Agents to promote your lawyers over and above a competitor’s?
We refuse to give any financial incentive for sending work to this site. We thought it would be too underhand a fee because members of the public would think, ‘How come the agent getting a kickback? Why aren’t I getting any benefit too?’ So we decided to step away from that.
I am hoping to exchange soon on a garden flat in Becontree. Conveyancing lawyers assured me that they are sending me a report tomorrow. Are there areas in the report that I should be focusing on?
Your report on title for your leasehold conveyancing in Becontree should include some of the following:
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Whether your lease caters for for a slush fund? The physical extent of the property. This will be the apartment itself but could also incorporate a roof space or storage are if relevant. Does the lease prohibit wood flooring? The landlord’s rights to access the property. You should be made aware that your landlord has rights of access as well as be informed how much notice must be provided. Setting out your legal entitlements in respect of common areas in the building.E.G., does the lease permit a right of way over an accessway or staircase?
I inherited a ground floor flat in Becontree. In the absence of agreement between myself and the freeholder, can the Leasehold valuation Tribunal make a decision on the premium payable for a lease extension?
in cases where there is a missing freeholder or where there is disagreement about what the lease extension should cost, under the Leasehold Reform, Housing and Urban Development Act 1993 you can apply to the Leasehold Valuation Tribunal to calculate the price.
An example of a Lease Extension decision for a Becontree residence is 49 Aldborough Road South in July 2012. The Tribunal decided that the premium payable for the grant of the new lease was £13,925 This case was in relation to 1 flat. The unexpired residue of the current lease was 61.36 years.