My IFA requires my Cotham lawyer’ panel member for the Santander conveyancing panel. How do I obtain this. I have e-mailed my local Cotham office but they cant find it on their system.
You are best placed to get this information from your Cotham lawyer . They keep a central record lender panel numbers.
Completed the sale of my flat in Cotham last October but my buyer keeps calling me complaining that their solicitor is waiting to hear from mine. What should my lawyer have done following completion?
Following your disposal your conveyancer is duty bound to forward the transfer deeds and all supplemental paperwork to the purchaser's lawyers. Where appropriate, your conveyancer must also evidence that the legal charge in favour of the lender has been redeemed to the purchasers conveyancers. There are no post completion procedures specific conveyancing in Cotham.
Just acquired a terraced house in Cotham , how long should it take for the Land Registry to record my proprietorship? My Cotham conveyancing solicitor has been painfully slow, so I want to be sure that my ownership is registered.
There is nothing unique about conveyancing in Cotham registration formalities. As opposed to being determined by geographic area, timescales can adjust according to the party submitting the application, whether it is in order and whether the Land registry must send notices to any third parties. As of today roughly three quarters of submission are fully dealt with within 12 days but occasionally there can be longer hold-ups. Registration takes place once the buyer has moved in to the property therefore 'speed' is not always top priority but where it is urgent that the the registration takes place urgently then you or your lawyers can communicate with the Registry to express the reasoning for the application to be prioritised.
I am buying a new build house in Cotham with the aid of help to buy. The builders refused to move on the price so I negotiated £7000 of extras instead. The estate agent suggested that I not inform my conveyancer about the deal as it would put at risk my loan with the lender. Should I keep quiet?.
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 have been on the look out for a leasehold apartment up to £235,500 and found one round the corner in Cotham I like with open areas and transport links in the vicinity, the downside is that it only has 49 years on the lease. I can't really find anything else in Cotham suitable, so just wondered if I would be making a grave error acquiring a lease with such few years left?
If you require a mortgage the remaining unexpired lease term will be problematic. Reduce the price by the anticipated lease extension will cost if not already taken into account. If the existing proprietor has owned the property for a minimum of twenty four months you could ask them to commence the lease extension formalities and then assign it to you. You can add 90 years to the existing lease and have £0 ground rent by law. You should speak to your conveyancing lawyer regarding this matter.
What does commercial conveyancing in Cotham cover?
Cotham conveyancing for business premises incorporates a wide range of guidance, supplied by regulated solicitors, relating to business premises. By way of example, this type of conveyancing can cover the sale or purchase of freehold business premises or, more commonly, the assignment of existing business tenancies or the drafting of new leasing arrangements. Commercial conveyancing solicitors can also offer advice on the sale of business assets, commercial loans and the termination of leases.