My solicitor has identified a defect with the lease for the property we are buying in Dartmouth Park. The other side have offered title insurance as a workaround. We are content with insurance and will cover the costs. Our conveyancing practitioner has advised that he must check that the lender is content with this solution. Who is the client here, us or the bank?
The short answer to your last question is that, notwithstanding the risk of a conflict of interest, you and the bank are the client. Your property lawyer must comply with the UK Finance Lenders’ Handbook requirements. The UK Finance Lenders’ Handbook conditions require your lawyer to disclose issues such as defects with the lease so that the bank can be afforded the opportunity to check with their valuer as to the extent that the value of the property is affected. Should you refuse to allow your lawyer to make the appropriate notification then your property lawyer will have no choice but to discontinue acting for you.
We are planning to acquire a flat and require a conveyancing solicitor in Dartmouth Park who is on the Nottingham conveyancing panel. Could you point me in the right direction as regards a firm?
Our service is limited to being a directory service for firms who wish to be listed as being on the approved conveyancing panel for Nottingham . We don't recommend any particular firms conducting conveyancing in Dartmouth Park.
I am buying a property and require a conveyancing solicitor in Dartmouth Park who is on the HSBC Bank approved. Can you recommend a local firm?
Our service is limited to being a directory service for firms who wish to listed as being on the approved conveyancing panel for HSBC Bank in certain locations such as Dartmouth Park. We dont recommend any particular firm.
Have purchased a a semi-detached house in Dartmouth Park , What is the estimated time for the Land Registry to deal with the formalities evidencing my title? My Dartmouth Park conveyancing solicitor works at snail pace, so I want to be sure that my name is recorded.
As far as conveyancing in Dartmouth Park registration is no faster or slower than the rest of the country. Rather than based on location, timeframes can adjust according to who lodges the application, whether it is in order and if the Land registry need to notify any third persons or bodies. As of today roughly 80% of submission are fully addressed in less than three weeks but some can be subject to longer delays. Registration occurs once the purchaser is living at the premises therefore an expedited registration is not typically primary concern yet if there is a degree of urgency associated with the registration then you or your conveyancer could communicate with the Registry to express the reasoning for the application to be prioritised.
My husband and I are first time buyers - agreed a price, yet the selling agent has warned us that the vendor will only move forward if we use the agent's recommended lawyers as they want an ‘expedited deal’. Our preferred option is to instruct a local solicitor accustomed to conveyancing in Dartmouth Park
It is improbable the sellers are driving this. If they want ‘a quick sale', taking such a hostile approach to a motivated purchaser is likely to cause more damage than good. Bypass the agents and go straight to the sellers and explain that (a)you are genuine purchasers (b)you are ready to go, with finances in place © you are chain free (d) you intend to proceed fast (e)however you are going to use your own,trusted Dartmouth Park conveyancing firm - as opposed tothose that will earn the estate agent a referral fee or achieve conveyancing thresholds set by head office.
Estate agents have just been given the go-ahead to market my garden apartment in Dartmouth Park. Conveyancing solicitors are to be appointed soon, but I have recently received a yearly maintenance charge invoice – Do I pay up?
The sensible thing to do is pay the maintenance contribution as you normally would as all rents and maintenance payments will be apportioned as part of the financial calculations for completion monies, so you will be reimbursed by the purchaser for the period running from after the completion date to the next payment date. Most management companies will not acknowledge the buyer until 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. This will smooth the conveyancing process.
I have had difficulty in negotiating a lease extension in Dartmouth Park. Can this matter be resolved via the Leasehold Valuation Tribunal?
Most definitely. We can put you in touch with a Dartmouth Park conveyancing firm who can help.
An example of a Lease Extension matter before the tribunal for a Dartmouth Park flat is Flat 2 27 Mackeson Road in December 2012. The Tribunal assessed the value of the lease extension premium at £35,435 and rounded the figure to £35,500 This case related to 1 flat. The remaining number of years on the lease was 64.77 years.