I am obtaining a mortgage with Nat West. I would like to employ the services of a Licensed Conveyancer in Croydon. Does the Nat West Conveyancing panel exclude conveyancers regulated by the CLC?
The Nat West conveyancing panel is, like many other lenders, represented by the CML or Building Society Association, open to Licensed Conveyancers regulated by the CLC.
Have just purchased a repossessed house at auction in Croydon. Conveyancing is needed. What are my next steps?
Now that you are legally committed yourself to purchase you now have to instruct a conveyancing practitioner quickly as you now have a pending a fixed date to complete the transaction. All auction property will have a bespoke auction pack. This should include most,if not all of the documents that your solicitor will need. In the case of leasehold premises the conveyancing papers may include a copy of the lease, management information and a sellers leasehold information form and associated conveyancing documentation pertinent to leasehold premises. You should give this to the conveyancer working for you ASAP. Do make sure that you have funds in order to complete on the date specified in the contract.
is it true that all Croydon conveyancing solicitors on the Nottingham conveyancing panel are regulated by the SRA?
As solicitors, in order to be on the Nottingham approved list of solicitors they would need to be overseen by the SRA. The majority of mortgage companies do list licenced conveyancers on their panel in which case such firms would be governed by the Council of Licensed Conveyancers.
I'm in the throws of looking at apartments in Croydon and I am now considering a potential offer. Is it best to have my solicitor on ‘stand by’? I am planning to take a mortgage with Yorkshire BS.
It would be sensible to commence your search sooner rather than later. After you have chosen your lawyer and once your offer is accepted you can instruct them to work for you and forward their contact information on to the selling agent. Given that you are seeking a mortgage with Yorkshire BS, make sure you remember to check that your lawyer is on the Yorkshire BS conveyancing panel.
I used Wolstenholmes several years ago for my conveyancing in Croydon. I now require my file however the law firm is no longer operating. What do I do?
Do call the Solicitors Regulatory Authority (SRA) to help locate your conveyancing files. They can be contacted on please contact on 0870 606 2555. Alternatively, you should use their online form to make an enquiry. You will need to provide the SRA with as much information as possible to assist their search, including the name and address in Croydon of the conveyancing firm of solicitors you previously instructed, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.
I have been on the look out for a ground for flat up to £195,000 and found one close by in Croydon I like with amenity areas and station nearby, however it's only got 52 years on the lease. There is not much else in Croydon for this price, so just wondered if I would be making a grave error acquiring a lease with such few years left?
If you need a home loan the remaining unexpired lease term may be a potential deal breaker. Discount the price by the amount the lease extension will cost if it has not already been discounted. If the existing proprietor has owned the property for at least 2 years you may request that they start the process of the extension and then assign it to you. You can add 90 years to the existing lease term with a zero ground rent applied. You should consult your conveyancing lawyer regarding this.
I have just appointed agents to market my 2 bed flat in Croydon. Conveyancing lawyers have not yet been instructed, but I have recently received a quarterly service charge invoice – should I leave it to the buyer to sort out?
It best that you discharge the service charge as you normally would because all ground rent and maintenance charges will be allotted on completion, so you will be reimbursed by the buyer for the period running from after the completion date to the subsequent invoice 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.
Having spent years of dialogue we cannot agree with our landlord on how much the lease extension should cost for our flat in Croydon. Can we issue an application to the Residential Property Tribunal Service?
in cases where there is a missing landlord or where there is dispute about the premium for a lease extension, under the Leasehold Reform, Housing and Urban Development Act 1993 you can apply to the LVT to make a decision on the price payable.
An example of a Freehold Enfranchisement matter before the tribunal for a Croydon premises is 29 Woodstock Road in April 2014. the Tribunal determined that the premiums to be paid into court in respect of the purchase of the freehold registered at HMLR under Title N0.SY3997 should be £7,217. This case related to 4 flats. The unexpired term as at the valuation date was 98 years.
How much experience do your Croydon conveyancing solicitors have with Help To Buy, Shared Equity and similar schemes?
Croydon conveyancing lawyers help thousands of buyers move home every year and supported lots of clients through the Help To Buy scheme. The chances are that whatever makes your case unique Croydon conveyancers have worked on recent similar cases.