Me and my partner are buying a ground floor flat in Borough Green. My Conveyancer is not on the lender solicitor panel. Can I still appoint my Borough Green conveyancing solicitor notwithstanding that they are excluded from the bank panel?
Your options include
- Carry on with your existing Borough Green lawyer but your lender will undoubtedly use a conveyancing practitioner from their conveyancing panel. This will result in additional fees together with potential frustration.
- Get a fresh conveyancing practitioner to act in the purchase, ensuring that they are on the lender conveyancing panel.
- Convince your lawyer to apply to join the lender panel
In the event thatI were to acquire a simple residential homein Borough Green mortgage fee and have no survey and no conveyancing searches how much could I expect to have to pay for conveyancing in Borough Green?
The only reduction in fees you would make on is the Borough Green conveyancing searches. The solicitor still got to do everything else - money laundering, correspond with the vendors solicitor, SDLT submission, register the property etc. A slight saving might be made by not needing to register a charge but it will not be a lot.
Finally the sale completed on my house in Borough Green last August yet the purchaser is Skype messaging every few hours complaining that her conveyancer needs to hear from myconveyancer. What should have happened now that I have sold?
Post completion of your sale your lawyer is obliged to forward the transfer documentation and all additional paperwork to the purchaser's lawyers. Where appropriate, your solicitor must also evidence that the legal charge in favour of the lender has been repaid to the buyers solicitors. There is unlikely to be post completion formalities just for conveyancing in Borough Green.
The estate agent has sent us the confirmation of our purchase of a new build apartment in Borough Green. Conveyancing is a frightening process at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build legal work.
Set out below is a sample of a selection of leasehold new build enquiries that you should expect your new-build leasehold conveyancing in Borough Green
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Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? If there are lifts in the building, please confirm that the owners of flats on the ground and basement floors will not be required to contribute towards the cost of maintenance and renewal. Where there is an Undertaking being granted there is the risk of forfeiture of the Headlease subject to relief if one or more of the Underlessees are willing to accept the original Head Lessee’s obligations as otherwise relief will be denied to the Underlessees. The only alternatives are the Head Lessor agreeing not to forfeit the Headlease or the Head Lessee guaranteeing to the Underlessees that it will not be in breach of the Headlease. Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier? The Lease must contain a provision on behalf of the Vendor to pay the service charges in respect of unoccupied units in order to ensure that all services can be provided.
I am looking for a leasehold apartment up to £195,000 and identified one round the corner in Borough Green I like with open areas and station nearby, however it only has 52 years on the lease. I can't really find anything else in Borough Green for this price, so just wondered if I would be making a grave error acquiring a lease with such few years left?
If you require a home loan that many years will be a potential deal breaker. Reduce the offer by the expected lease extension will cost if it has not already been discounted. If the current owner has owned the premises for a minimum of 2 years you could ask them to commence the lease extension formalities and then assign it to you. You can add 90 years to the existing lease with a zero ground rent applied. You should speak to your conveyancing solicitor regarding this matter.
What can I do to discover who is the owner of a property in Borough Green?
Assuming that the premises is recorded at HMLR, and you have sufficient specifics of the location of the premises, you will be able to view results from the HM Land Registry of the registered owner for a fee.