My financial adviser says he needs my Clifton Village law firm’s panel reference for the Nat West conveyancing panel. How do I find this out. I have called my local Clifton Village branch but they have not got back to me yet.
You are best placed to get this information from your Clifton Village solicitor . They retain a central record lender panel numbers.
I am under pressure from the owner of a property in Clifton Village to sign contracts within four weeks. What can I do to expedite matters?
In a situation where you are under time constraints for your conveyancing it is advisable to make sure that your solicitor is familiar with the area as they will have local contacts and know-how. It is possible that they could have handled otherhouses in the same street. You would be best advised to use a Clifton Village conveyancing lawyer. Second, double check that the lawyer is on the member panel. It is believed that 18% of Clifton Village conveyancing transactions are delayed or jeopardised after discovering a purchaser’s lawyer was not on their banks list of approved solicitors. In many cases this discovery resulted in the home move being held up by almost 21 days. It is estimated that this issue affects approximately 100,000 home sales annually. Most Clifton Village conveyancing firms can not represent certain lenders so do check at the outset.
My wife and I own a 4 bedroom Edwardian house in Clifton Village. Conveyancing solicitor acted for me and Leeds Building Society. I happened to do a free search for it on the Land Registry database and I saw two entries: the first freehold, the second leasehold under the matching property. Is it worth asking Leeds Building Society to clarify?
You should 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 Clifton Village and other locations in the country and poses no real issues for owners other than when they buy they have to account for both freehold and leasehold interests when dealing with lenders. You can also enquire as to the position with the conveyancing lawyer who conducted the purchase.
Do I need to be wary by brokers that I am dealing with are encouraging me to use a national conveyancing firm rather than a High Street Clifton Village conveyancing company?
As is the case with many professional services, often suggestions from relatives can be extremely useful or valuable. But there are many players in a conveyancing transaction; estate agents, financial adviser and banks may recommend conveyancers to choose. On occasion the solicitors might be known to one of the organisations as one of the best in their field, but occasionally there exists a financial incentive behind the recommendation. You are free to select your preferred lawyer. However, bear in mind that many banks specify a panel list of conveyancers you must use for the mortgage aspect of your conveyancing.
I’m about to sell my ground floor apartment in Clifton Village. Conveyancing solicitors are to be appointed soon, but I have just received a quarterly service charge invoice – should I leave it to the buyer to sort out?
Your conveyancing lawyer is likely to suggest that you should pay the service charge as you normally would as all ground rent and maintenance charges will be allotted as part of the financial calculations for completion monies, so you should recover the relevant percentage by the buyer for the period running from after the completion date to the next payment date. Most managing agents will not acknowledge the buyer unless the service charges have been paid and are up to date, so it is important for both buyer and seller for the seller to show that they are up to date. Having a clear account will assist your cause and will leave you no worse off financially.
I own a 1st floor flat in Clifton Village, conveyancing having been completed half a dozen years ago. Can you work out an approximate cost of a lease extension? Comparable properties in Clifton Village with over 90 years remaining are worth £211,000. The ground rent is £50 charged once a year. The lease terminates on 21st October 2092
With just 68 years left to run we estimate the premium for your lease extension to span between £9,500 and £11,000 plus legals.
The figure that we have given is a general guide to costs for renewing a lease, but we cannot give you a more accurate figure in the absence of detailed investigations. You should not use this information in tribunal or court proceedings. There may be additional issues that need to be taken into account 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.
If instructed can a conveyancer remove a person from the title of my home in Clifton Village ?
Extracting or adding someone to the title of your home is relatively straightforward. You’ll need to appoint a conveyancing practitioner to discuss your legal rights before you can proceed with a transfer of property. Contact us to book a free consultation with one a conveyancer