My mortgage broker requires my Castelnau law firm’s panel member for the Nat West conveyancing panel. How do I obtain this. I have tried my local Castelnau office but they have not responded to me.
You are best placed to get this information from your Castelnau solicitor . Most Castelnau law practices will retain a file or database of lender panel information which would include, if applicable, their conveyancing panel details for each bank.
Due to complete my purchase in Castelnau next Friday. I have now been asked to send a copy of my building insurance schedule by my solicitor as he says that he has to check this in his capacity as lawyer for the bank. What risks does the lender expect the insurance to cover?
Any lawyer on acting for banks would need to check that the following risks are covered fire; lightning; aircraft; explosion; earthquake; storm; flood; escape of water or oil; riot; malicious damage; theft or attempted theft; falling trees and branches and aerials; subsidence; heave;landslip;collision;accidental damage to underground services;professional fees, demolition and site clearance costs; and public liability to anyone else. There are some other issues such as the level of excess that are set out in a lender’s Part 2 instructions. These requirements are not specific to conveyancing in Castelnau.
We are purchasing a property and the solicitor has identified Chancel Repair to which the property may be liable given it’s proximity to the area of such a church. He has mentioned insurance. Is this strictly required for conveyancing in Castelnau
Unless a prior purchase of the property took place after 12 October 2013 you may expect lawyers conducting conveyancing in Castelnau to continue to recommend a chancel search and or insurance against a claim.
I am buying a new build apartment in Castelnau. 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.
Here is a sample of a selection of leasehold new build questions that you should expect your new-build leasehold conveyancing in Castelnau
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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. Please supply a car parking plan. Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents. 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. Please provide evidence that the form of Lease proposed has been approved by the Land Registry.
My husband and I are novice buyers - had an offer accepted, yet the property agent advised that the seller will only proceed if we instruct the agent's preferred lawyers as they are insisting on a ‘quick sale’. My instinct tells me that we should use a high street conveyancer used to conveyancing in Castelnau
We suspect that the seller is unaware of this requirement. Should the seller desire ‘a quick sale', taking such a hostile approach to a genuine buyer is is going to put the whole deal at risk. Bypass the agents and go straight to the owners and make sure they understand (a)you are keen to buy (b)you are excited to move forward, with finances arranged © you do not need to sell (d) you intend to proceed fast (e)however you intend to appoint your preferred Castelnau conveyancing solicitors - not the ones that will provide their negotiator at the agency a commission or meet his conveyancing thresholds pre-set by head office.
Being a leasehold owner I am liable for a service charge for my flat in Castelnau. Due to redundancy and personal issues I fell into arrears with remittance. The management company agreed a settlement schedule but there remains in the region of £2000 outstanding as of today.
I want to dispose of the property and I am concerned this will hold me back if I have to settle the arrears now. I'd like to sell up and then pay them back with the completion monies - is this viable?
It would be wise to check with the conveyancing practitioner conducting your Castelnau conveyancing but one option may be to agree for the arrears to be passed to the buyers. The sale price they pay would be adjusted to reflect the amount of debt they assume. They would then discharge the outstanding monies following completion of the purchase.