I am hoping to receive a offer of a home loan from Lloyds. My intention is to use a Licensed Conveyancer in Boldon Colliery. Does the Lloyds Solicitor panel allow for Licensed Conveyancers?
The Lloyds conveyancing panel is, like many other lenders, associated to the Council or Mortgage Lenders or BSA, open to Licensed Conveyancers regulated by the Council of Licensed Conveyancers.
I own a freehold premises in Boldon Colliery but nevertheless charged rent, why is this and what is this?
It is rare for properties in Boldon Colliery and has limited impact for conveyancing in Boldon Colliery but some freehold properties in England (particularly common in North West England) pay an annual sum known as a Chief Rent or a Rentcharge to a third party who has no other legal interest in the land.
Rentcharge payments are usually between £2.00 and £5.00 per year. Rentcharges have existed for many centuries, but the Rent Charge Act 1977 barred the creation of new rentcharges post 1977.
Previous rentcharges can now be extinguished by making a one off payment under the Act. Any rentcharges that are still in existence post 2037 will be dispensed with completely.
I am purchasing a property and need a conveyancing solicitor in Boldon Colliery who is on the National Westminster Bank approved. Could you point me in the right direction as regards a firm?
Our service is limited to being a directory service for firms who wish to listed as being on the approved conveyancing panel for National Westminster Bank in certain locations such as Boldon Colliery. We dont recommend any particular firm.
I am buying a new build house in Boldon Colliery with the aid of help to buy. The builders refused to budge the price so I negotiated 6k of fixtures and fittings instead. The house builders rep told me not reveal to my conveyancer about the side-deal as it will jeopardize my mortgage with National Westminster Bank. Do I keep my lawyer in the dark?.
All lenders require a Disclosure of Incentives Form from the developer of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.
Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.
Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.
How does the Landlord & Tenant Act 1954 affect my business property in Boldon Colliery and how can your lawyers assist?
The particular law that you refer to provides a safeguard to commercial leaseholders, granting the a statutory right to make a request to court for a renewal lease and remain in occupation when the lease reaches an end. There are limited grounds where a landlord can refrain from granting a lease renewal and the rules are involved. We are happy to direct you to commercial conveyancing practices who use the act to your advantage and help with commercial conveyancing in Boldon Colliery
I am looking for a conveyancing lawyer in Boldon Colliery for my home move. Is there any facility to see a firm’s complaints history with the legal regulator?
Anyone can find documented Solicitor Regulator Association (SRA) decisions resulting from investigations from 2008 onwards. Go to Check a solicitor's record. To find information about the period before 1 January 2008, or to check a solicitors history, phone 0870 606 2555, 08.00 - 18.00 Monday, Wednesday, Thursday, Friday and 09.30 - 18.00 Tuesday. For callers outside the UK, dial +44 (0)121 329 6800. The regulator sometimes monitor call for training reasons.