I am not well enough to travel far from Chingford. I would like to know the understand why all Chingford conveyancing practitioners are not on all mortgage company panels?
Even though it may seem unfair for mortgage companies to limit who can represent them, from the public’s or lawyer’s perspective, the flip side is that lending institutions are increasingly anxious and consider it necessary to protect them from mortgage fraud. As a result of this concern mortgage companies are limiting their panel of approved conveyancing lawyers to a size that they are happy to control.
I had intended to instruct a property lawyer in Chingford for our house move. Our financial adviser informed us that our mortgage lenders Barnsley Building Society won't deal with them. Surely this is unduly restrictive?
A bank may insist on a panel solicitor act for it. Borrowers are liable to meet the charges for this. Please make use of our directory service to find a solicitor to conduct conveyancing in Chingford on the Barnsley Building Society approved list of solicitors.
My friend advised me that if I am purchasing in Chingford I should ask my conveyancer to execute a Neighbourhood, Planning and Local Amenity Search. What does it cover?
A search of this type is sometimes quoted for as part of the standard Chingford conveyancing searches. It is not a small document of more than thirty pages, listing and setting out significant information about Chingford around the property and the people living there. It incorporates an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the local Housing Market, Council Tax Banding, the demographics of People living in the area, the dominant type of Housing, the Average Property Price, Crime details, Local Education with plans and statistics, Local Amenities and other useful information concerning Chingford.
I have a semi-detached Georgian house in Chingford. Conveyancing practitioner represented me and Barclays . I did a free Land Registry search last week and there are two entries: one for freehold, another for leasehold with the exact same address. I'd like to know for sure, how can I find out??
You need to assess the Freehold register you have again and check the Charges Register as there may be mention of a lease. The best way to be sure that you are also the registered owner of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Chingford and other areas of the country and poses no real issues for owners other than when they mortgage they have to account for both freehold and leasehold interests when dealing with lenders. You can also check the situation with the conveyancing practitioner who completed the work.
I need to instruct a conveyancing practitioner in Chingford for my home move. Is it possible to review a solicitor's complaints history with the legal regulator?
You can see documented Solicitor Regulator Association (SRA) decisions resulting from investigations from 2008 onwards. Go to Check a solicitor's record. For details Pre 2008, or to check a solicitors history, phone 0870 606 2555, 08.00 - 18.00 any week day save for Tuesday when lines open at 9.30am. For non-uk callers, use +44 (0)121 329 6800. The SRA sometimes recorded telephone calls for training purposes.
My wife and I purchased a leasehold flat in Chingford. Conveyancing and Bank of Ireland mortgage organised. A letter has just been received from someone claiming to own the freehold. Attached was a demand for arrears of ground rent dating back to 1998. The conveyancing solicitor in Chingford who previously acted has long since retired. Do I pay?
First make enquiries of HMLR to be sure that the individual purporting to own the freehold is in fact the new freeholder. It is not necessary to instruct a Chingford conveyancing firm to do this as you can do this on the Land Registry website for £3. Rest assured that in any event, even if this is the legitimate freeholder, under the Limitation Act 1980 the limitation period for recovery of ground rent is six years.
I inherited a second floor flat in Chingford. Given that I can not reach agreement with the landlord, can the Leasehold valuation Tribunal determine the premium due for the purchase of the freehold?
in cases where there is a missing freeholder or where there is disagreement about what the lease extension should cost, under the relevant statutes it is possible to make an application to the LVT to decide the amount due.
An example of a Freehold Enfranchisement case for a Chingford residence is 201 & 201a St. Barnabas Road in October 2013. The Tribunal decided that the price to be paid by the Applicants for the freehold interest is £20,071. This case was in relation to 2 flats. The number of years remaining on the existing lease(s) was 69.26 years.