We wanted to use a conveyancing solicitor in Dollis Hill for our home move. Our broker informed us that our mortgage lenders Accord Mortgages Ltd won't deal with them. Why is this not regarded as unduly restrictive?
Before the recession most lenders had a different appetite for risk. Almost all Dollis Hill conveyancing firms would have been on most bank panels. The FSA in 2010 conducted a thematic review into mortgage fraud which concluded: mortgage lenders should know the conveyancing solicitors dealt with. Consequently, lenders have regularly sought more information from law firms regarding their operations and their employees as well as set certain criteria such a completing on a minimum amount of conveyancing. Many Dollis Hill conveyancing firms that have been excluded from lender panels have a 100% healthy track record, no complaints and no claims and didn't just 'dabble' in conveyancing. Dollis Hill is amongst the hundreds of areas where the lawyers we recommend are are authorised to act for Accord Mortgages Ltd.
Do commercial conveyancing searches disclose impending roadworks that may affect a commercial land in Dollis Hill?
Many commercial conveyancing solicitors in Dollis Hill will perform a SiteSolutions Highways report as it dramatically cuts the time that conveyancers expend in looking into accurate data on highways that impact buildings and development assets in Dollis Hill. The search result provides definitive data on the adoption status of roads, footpaths and verges, as well as the implication of traffic schemes and the rights of way surrounding a commercial development sites in Dollis Hill.
For each commercial conveyancing transaction in Dollis Hill it is critical to investigate the adoption status of roads surrounding a site. Failure to identify developments where adoption procedures have not been dealt with adequately may result in delays to Dollis Hill commercial conveyancing deals as well as present a risk to future plans for the site. These searches are not carried out for residential conveyancing in Dollis Hill.
4 months have elapsed since my purchase conveyancing in Dollis Hill concluded. I have checked the Land Registry website which shows that I paid £175,000 when infact I paid £180,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the premises from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
I've recently found out that there is a flying freehold element on a property I have offered on last month in what was supposed to be a quick, no chain conveyancing. Dollis Hill is the location of the property. Is there any guidance you can give?
Flying freeholds in Dollis Hill are rare but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Dollis Hill you would need to get your solicitor to go through the deeds very carefully. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Dollis Hill may determine that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold premises.
My husband and I are first time buyers - agreed a price, but the agent advised that the vendor will only issue a contract if we appoint the agent's recommended lawyers as they want a ‘quick sale’. Our preferred option is to instruct a local conveyancer who is accustomed to conveyancing in Dollis Hill
It is highly unlikely the sellers are driving this. Should the vendor desire ‘a quick sale', turning down a serious buyer is going to damage their objectives. Avoid the agents and go straight to the owners and make sure they comprehend that (a)you are keen to buy (b)you are excited to move forward, with finances in place © you do not need to sell (d) you intend to proceed fast (e)however you intend to instruct your own,trusted Dollis Hill conveyancing firm - not the ones that will provide their estate agent a referral fee or achieve conveyancing targets set by senior management.
Having checked my lease I have discovered that there are only Sixty One years remaining on my flat in Dollis Hill. I now want to get lease extension but my landlord is can not be found. What should I do?
If you qualify, under the Leasehold Reform, Housing and Urban Development Act 1993 you can submit an application to the County Court for an order to dispense with the service of the initial notice. This will enable the lease to be lengthened by the Court. However, you will be required to prove that you or your lawyers have made all reasonable attempts to find the landlord. For most situations a specialist would be useful to carry out a search and prepare a report which can be used as proof that the freeholder is indeed missing. It is wise to seek advice from a property lawyer both on proving the landlord’s disappearance and the application to the County Court overseeing Dollis Hill.
Having spent years of correspondence we are unable to agree with our landlord on how much the lease extension should cost for our flat in Dollis Hill. Does the Leasehold Valuation Tribunal have jurisdiction to calculate the appropriate figures?
Absolutely. We are happy to put you in touch with a Dollis Hill conveyancing firm who can help.
An example of a Freehold Enfranchisement matter before the tribunal for a Dollis Hill premises is 12 & 12A Deacon Road in May 2010. the Tribunal concluded that the price to be paid for the freehold should be £38,287 This case was in relation to 2 flats. The number of years remaining on the existing lease(s) was 65.58 years.