We are getting a further advance on our home loan from UBS as we want to conduct improvements to our property in Charlton. Are we obliged to select a local Charlton solicitor on the UBS conveyancing panel to handle the legals?
UBS would not normally appoint a member of their approved list of lawyers to deal with the formalities. If they do require any legal work then you would need to ensure that such a lawyer was on the UBS panel.
Intending to buy a flat in Charlton. I have received an online quote from a licenced conveyancer, which states: "There will be no charge for dealing with the Lender if you are obtaining a mortgage". I take this to mean that there will be no additional fee if the solicitor is on the Bank of Ireland conveyancing panel. I wanted to make sure it means there will be no additional fees for dealing with the mortgage.
They are simply saying that the cost for acting for the lender is included in the fee being quoted. It is worth you checking that the Charlton conveyancer is on the Bank of Ireland conveyancing panel.
RBS have agreed my home loan in principle, my bid on a house in Charlton has been accepted, what happens next?
The estate agent will want to be informed of your conveyancing practitioner's details (ensure that the lawyers are on the bank’s approved list). Contact RBS or your broker and finish off any appropriate documentation. RBS will instruct a valuer who will get in touch with the selling agent or vendor to schedule an appointment. Once conducted (assuming no problems) it takes approximately ten days to receive the mortgage offer. RBS will issue the offer to you and your solicitors. The transaction will then take it’s course according the nature and complexity of the conveyancing in Charlton.
I am buying a new build flat in Charlton. Conveyancing is necessary evil 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 enquiries that you should expect your new-build leasehold conveyancing in Charlton
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Please confirm the Lease plans are architect prepared. 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. Please supply a car parking plan. Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? Forfeiture - bankruptcy or liquidation must not apply under this provision.
I am looking for a flat up to £235,500 and identified one close by in Charlton I like with amenity areas and station in the vicinity, however it only has 51 years unexpired on the lease. There is not much else in Charlton in this price bracket, so just wondered if I would be making a mistake purchasing a short lease?
If you need a home loan that many years will be a potential deal breaker. Reduce the offer by the anticipated lease extension will cost if not already taken into account. If the existing proprietor has owned the premises for at least 2 years you could ask them to commence the lease extension formalities and then assign it to you. An additional ninety years can be extended on to the existing lease and have £0 ground rent by law. You should consult your conveyancing solicitor concerning this matter.
In what way does the Landlord & Tenant Act 1954 affect my business offices in Charlton and how can your lawyers assist?
The particular law that you refer to affords security of tenure to business tenants, granting the a statutory right to make a request to court for a continuation of occupancy when the lease reaches an end. There are limited grounds where a landlord can refuse a lease renewal and the rules are complex. We are happy to direct you to commercial conveyancing solicitors who use the act for protection and assist with commercial conveyancing in Charlton
In scouring the web for the term cheap conveyancing in Charlton it brings up numerous solicitorsin the area. With so much choice what is the best way to find the right solicitor for me?
The best way of seeking a suitable conveyancer is through a personal referral, so enquire of friends and relatives who have purchased a property in Charlton or the respected estate agent or financial adviser. Fees for conveyancing in Charlton differ, so it's advisable to secure at least three fee calculations from different law firms. Be sure to seek confirmation that the costs are assured not to to be inflated.
I cannot travel my Charlton conveyancing practitioners office to execute documents connected to my conveyancing in Charlton – is this a problem?
No. Charlton conveyancing solicitors can deal with home moves for clients from a distance. You are unlikely to be required to meet your lawyer in the flesh at a Charlton conveyancers office. They can deal with all communications remotely from their Charlton office.