Am I correct in assuming that the fact that my conveyancer in Chantry is not identified on my lender's conveyancing panel that there is a problem with the quality of the firm’s work?
It would not be wise to jump to that conclusion. There are all sorts of perfectly reasonable explanations. Just recently a report by the solicitors regulator revealed 76% of law firms surveyed had been removed from at least one lender panel. The top 5 reasons are as follows: (1) low volume of transactions (2) the lawyer is a sole practitioner (3) as part of the HSBC panel reduction (4) regulatory contact by SRA (5) accidental removal. If you are concerned you should simply call the Chantry conveyancing firm and enquire why they are no longer on the approved list for your bank.
I appreciate that there are debates on Chancel Insurance on online forums. Am I compelled to have this when acquiring a property in Chantry? or I am told that there is a law dating back centuries that could mean that homeowners living in a parish church boundary may be liable to contribute towards maintenance towards the chancel within the church. Is this appropriate for conveyancing in Chantry?
Unless a previous acquisition of the property completed post 12 October 2013 you may assume that lawyers carrying out conveyancing in Chantry to continue to recommend a chancel search and or chancel repair liability insurance.
I used Stirling Law a few years past for my conveyancing in Chantry. Now, I need my documents however cannot find the solicitor. What do I do?
Do contact the Solicitors Regulatory Authority (SRA) to assist in tracking down your conveyancing files. They can be contacted on please contact on 0870 606 2555. Alternatively, you should use their online form to make an enquiry. You will need to provide the SRA with as much information as possible to assist their search, including the name and address in Chantry of the conveyancing firm of solicitors you previously retained, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.
About to purchase a new build apartment in Chantry. 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 conveyancing.
Here are examples of a few leasehold new build questions that you can expect your new-build leasehold conveyancing in Chantry
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Where service of notices and proceedings can be at the property demised please confirm that this can be amended to include simultaneous services at the Lessees’ solicitors’ offices where the Lessee from time to time is not resident in the UK - such solicitors may be varied by notice in writing to the Landlord from time to time but otherwise will be as previously specified. The Vendor must covenant to keep unoccupied units in good repair until long leases are granted therefore. Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier? Please confirm the Lease plans are surveyor prepared. Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents.
Yesterday I discovered that there is a flying freehold issue on a property I put an offer in two weeks back in what should have been a quick, chain free conveyancing. Chantry is where the house is located. Is there any advice you can impart?
Flying freeholds in Chantry are not the norm but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Chantry you must be sure that your lawyer goes through the deeds thoroughly. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Chantry 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 property.
What are your top tips when it comes to finding a Chantry conveyancing practice to deal with our lease extension?
When appointing a conveyancer for your lease extension (regardless if they are a Chantry conveyancing firm) it is essential that he or she should be familiar with the legislation and specialises in this area of conveyancing. We advise that you make enquires with two or three firms including non Chantry conveyancing practices before you instructing a firm. If the firm is ALEP accredited then that’s a bonus. The following questions could be helpful:
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If they are not ALEP accredited then why not? What volume of lease extensions have they conducted in Chantry in the last twenty four months?
I bought a split level flat in Chantry, conveyancing having been completed in 2001. Can you let me have an estimated range of the fair premium for a lease extension? Corresponding flats in Chantry with a long lease are worth £206,000. The average or mid-range amount of ground rent is £45 invoiced annually. The lease runs out on 21st October 2092
With just 66 years left to run we estimate the price of your lease extension to span between £12,400 and £14,200 as well as legals.
The figure above a general guide to costs for extending a lease, but we cannot give you the actual costs without more comprehensive investigations. Do not use this information in a Notice of Claim or as an informal offer. There are no doubt additional issues that need to be considered and clearly you should be as accurate as possible in your negotiations. Please do not take any other action placing reliance on this information without first getting professional advice.