Finally the sale completed on my house in Chaddesley Corbett last April but our buyer keeps SMS messaging every few hours complaining that their lawyer needs to hear from mine. What should have happened following completion?
After completion of your house sale your conveyancer is duty bound to send the transfer documentation and all supplemental paperwork to the buyer’s lawyers. If applicable, your solicitor should also confirm that the mortgage has been redeemed to the buyers conveyancers. There are no post completion procedures peculiar conveyancing in Chaddesley Corbett.
we are a couple who are hoping to buy a newly converted apartment in Chaddesley Corbett with a residential mortgage from National Westminster Bank.We like our Chaddesley Corbett conveyancing lawyer but National Westminster Bank says his firm is not listed on their "panel". It seems we have little choice but to instruct a National Westminster Bank panel firm or retain our local solicitor and fork out for a National Westminster Bank panel lawyer to represent them. We feel as though this is unjust; is there anything we can do?
Unfortunately,no. The loan offered to you is subject to its various provisions, one of which will be that lawyers must be on the National Westminster Bank approved list. in the past, most banks had large numbers of solicitors on their panels: a borrower could choose one for themselves, as long as it was on the lender's panel. The lender would then simply instruct the borrower's lawyers to act for the lender, too. You can use your lender's panel lawyers or you could borrow from another lender which does not restrict your choice. Another option that might be available is for your lawyer to apply to be on the conveyancing panel for National Westminster Bank
Is there a list of Co-operative panel solicitors in Chaddesley Corbett on the UK Finance Lenders’ Handbook Website?
Unfortunately not yet. There is no such facility on the Council of Mortgage Lenders or Building Society Association sites. Very few lenders make their panel listings available over the internet. Where you are looking for a Chaddesley Corbett conveyancing practitioner on the Co-operative please make the most of our tool.
I am selling my house. I had a double glazing fitted in September 2006, but did not receive a FENSA certificate or Building Regulation Certificate. My buyer's lender, Leeds Building Society are being a right pain. The Chaddesley Corbett solicitor who is on the Leeds Building Society conveyancing panel is happy to accept ‘lack of building regulation’ insurance but Leeds Building Society are insisting on a building regulation certificate. Why do Leeds Building Society have a conveyancing panel if they don't accept advice from them?
It is probably the case that Leeds Building Society have referred the matter to their valuer. The reason why Leeds Building Society may not want to accept indemnity insurance is because it does not give them any reassurance that the double glazing was correctly and safely installed. The indemnity insurance merely protects against enforcement action which is very unlikely anyway.
At last I have had an offer on a flat in Chaddesley Corbett accepted, the owners do however have a dependent purchase. The owners have put an offer on on an apartment, but it’s not yet agreed to, and are looking at other properties booked. I have instructed a local conveyancing solicitor in Chaddesley Corbett. What should be my next step? When should I get the mortgage application with Co-operative going?
It is usual to have anxieties where there is a chain as you are unlikely to want to incur costs too early (mortgage application is approx one thousand pounds, then survey, Chaddesley Corbett conveyancing search charges, etc). First, you must ensure that your lawyer is on the Co-operative approved list. As to the subsequent phase this very much depends on the uniqueness of your case, desire for the property and on the state of the market. During a buoyant market many purchasers would apply for the mortgage with Co-operative and arrange for the valuation and only if it was satisfactory would they pay their conveyancing practitioner to proceed with the conveyancing in Chaddesley Corbett.
Yesterday I discovered that there is a flying freehold element on a house I put an offer in last month in what should have been a quick, no chain conveyancing. Chaddesley Corbett is the location of the property. What do you suggest?
Flying freeholds in Chaddesley Corbett are unusual but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Chaddesley Corbett you would need to get your solicitor to go through the deeds diligently. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Chaddesley Corbett may determine that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold residence.
My partner and I may need to let out our Chaddesley Corbett basement flat temporarily due to a career opportunity. We used a Chaddesley Corbett conveyancing firm in 2003 but they have closed and we did not have the foresight to get any guidance as to whether the lease allows us to sublet. How do we find out?
The lease governs relations between the freeholder and you the flat owner; in particular, it will say if subletting is prohibited, or permitted but only subject to certain caveats. The rule is that if the lease contains no expres ban or restriction, subletting is allowed. Most leases in Chaddesley Corbett do not contain an absolute prevention of subletting – such a clause would adversely affect the market value the flat. Instead, there is usually simply a requirement that the owner notifies the freeholder, possibly supplying a copy of the tenancy agreement.
I own a leasehold flat in Chaddesley Corbett, conveyancing having been completed July 1998. Can you please calculate a probable premium for a statutory lease extension? Comparable flats in Chaddesley Corbett with a long lease are worth £265,000. The ground rent is £50 levied per year. The lease expires on 21st October 2101
With just 76 years remaining on your lease the likely cost is going to range between £8,600 and £9,800 plus costs.
The suggested premium range that we have given is a general guide to costs for extending a lease, but we are not able to provide a more accurate figure in the absence of comprehensive investigations. Do not use this information in a Notice of Claim or as an informal offer. There may be additional concerns that need to be considered and clearly you want to be as accurate as possible in your negotiations. You should not move forward placing reliance on this information without first getting professional advice.
A licensed conveyancer dealt with my conveyancing in Chaddesley Corbett half a dozen years past having stored my deeds but has since been shut down – What can I do to get hold of these?
Title deeds, as such, are no longer appropriate for most properties in Chaddesley Corbett are recorded electronically at Land Registry. Should you need to establish ownership or are selling or re-mortgaging your conveyancer can obtain up to date copies of the register from the Land Registry in any case.
If you feel there may be other documents or you have any other queries please e-mail your request with details of the transaction and documents you need to filerequest@clc-uk.org. The CLC will let you know what information they have and any additional information they may need before they are in a position to identify and send the documents to you. Following an intervention it may take some time for the CLC to access archived files and documents, but your request will be actioned with reasonable haste.