This question may be naive but I am unseasoned as a first time purchaser of a ground floor flat in Charing Cross. Do I receive the keys to the house on completion from my lawyer? If this is the case, I will appoint a High Street conveyancing solicitor in Charing Cross?
On the day of completion you will not be required to go to the conveyancers office in Charing Cross. Conveyancing lawyers for you will transfer the completion advance to the vendor’s solicitors, and shortly after the monies have arrived, you will be called to receive the keys from the property Agents and move into your new home. Usually this occurs between 1 and 3pm.
Is it correct that all Charing Cross CQS (Conveyancing Quality Scheme) solicitors are on the Co-operative conveyancing panel?
A selection of lenders now utilise the accreditation scheme as the starting point for Panel approval such as HSBC and Santander. The Law Society’s CQS accreditation however gives no guarantee to lender panel acceptance. Nevertheless,the CML have indicated that it is likely to become a pre-requisite for solicitor practices wishing to remain on their panels.
I have paid off my mortgage with Principality. I assume I don't need a Charing Cross solicitor on the Principality panel to discharge the mortgage at the Land Registry. Please confirm.
If you have finished paying off your Principality mortgage, they may send you evidence showing that you have paid it off. Alternatively they may notify the Land Registry directly. The Land Registry need to see this evidence before they will remove the Principality mortgage from the register. Principality, and any evidence they send you, will determine the action you need to take. In cases where no conveyancer is acting for you and you have paid off your mortgage:
- but are not moving to another property
- where Principality has sent the Land Registry the discharge electronically, and
- Principality has instructed the Land Registry to do so
I'm purchasing a new build house in Charing Cross with the aid of help to buy. The builders refused to reduce the price so I negotiated £7000 of fixtures and fittings instead. The estate agent told me not inform my solicitor about the extras as it may affect my loan with The Mortgage Works. Is this normal?.
All lenders require a Disclosure of Incentives Form from the builder 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.
I've recently found out that there is a flying freehold issue on a house I put an offer in two weeks back in what should have been a straight forward, no chain conveyancing. Charing Cross is the location of the property. Can you shed any light on this issue?
Flying freeholds in Charing Cross are unusual but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Charing Cross 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 Charing Cross 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 premises.
Is it possible to switch firm as I need to instruct a firm on the Barnsley Building Society conveyancing panel. I instructed a local conveyancing solicitor in Charing Cross round the corner but the firm is not accepted by Barnsley Building Society
We will our best to assist in finding you a conveyancing solicitor in Charing Cross on the Barnsley Building Society panel. Please note that the law firms that we on the directory do not pay us commission if you instruct them and are registered with the Solicitors Regulation Authority who oversee all conveyancing solicitors in Charing Cross. Using search facility on this website, you can compare and instruct different solicitors and conveyancers both nationally and in Charing Cross.
Having checked my lease I have discovered that there are only 68 years left on my lease in Charing Cross. I need to get lease extension but my landlord is can not be found. What are my options?
If you qualify, under the Leasehold Reform, Housing and Urban Development Act 1993 you can apply to the County Court for an order to dispense with the service of the initial notice. This will enable the lease to be extended by the magistrate. However, you will be required to prove that you or your lawyers have done all that could be expected to locate the freeholder. On the whole a specialist may be useful to conduct investigations and to produce a report which can be accepted by the court as evidence that the freeholder is indeed missing. It is wise to seek advice from a solicitor both on proving the landlord’s absence and the vesting order request to the County Court overseeing Charing Cross.
Despite our best efforts, we have been unsuccessful in seeking a lease extension in Charing Cross. Can this matter be resolved via the Leasehold Valuation Tribunal?
if there is a missing freeholder or where there is dispute about what the lease extension should cost, under the Leasehold Reform, Housing and Urban Development Act 1993 you can apply to the First-tier Tribunal (Property Chamber) to decide the premium.
An example of a Freehold Enfranchisement decision for a Charing Cross residence is 20 Avonwick Road in July 2013. The Tribunal was dealing with an application under Section 26 of the Leasehold Reform Housing and Urban Development Act 1993 for a determination of the freehold value of the property. It was concluded that the price to be paid was Fifteen Thousand Nine Hundred and Seventy (£15,970) divided as to £8,200 for Flat 20 and £7,770 for Flat 20A This case affected 1 flat. The number of years remaining on the existing lease(s) was 73.26 years.
We are contemplating using a web based conveyancing practitioner ahead of a Charing Cross conveyancing practice. Any advice?
Advantages do exist in having the opportunity to pop in to a local Charing Cross conveyancing solicitor for instance
- signing papers on short notice
- sometimes being able to see someone face-to-face can make a huge difference, particularly for non-standard conveyancing
- the ability to complain if things are not going as expected
When analysing quotes, look carefully for hidden extras. Most decent Charing Cross high street solicitors give an all-inclusive price. Many online agents appear to offer discounted prices, yet have burried 'extras' in the fine print.