Our bank has suggested a law firm on their panel based in Farringdon but I would rather use a conveyancing lawyer in Farringdon local to me. Are you able to help?
It is by no means the case that all Farringdon conveyancing practitioners are listed all banks conveyancing panel. Use our search tool to identify a Farringdon conveyancing conveyancer on the on the lender panel.
We are downsizing from our house in Farringdon and according to the buyers it appears that there is a risk of it being built on contaminated land. A local conveyancer would know this is not the case. It does beg the question why the purchasers are using a factory type conveyancing outfit rather than a conveyancing solicitor in Farringdon. Having lived in Farringdon for 5 years we know that this is a non issue. Do we contact our local Authority to get clarification need.
It sounds as though you may have a conveyancing firm already. What do they say? You need to check with your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out health insurance to cover that same ailment)
I'm buying my first flat in Farringdon with the aid of help to buy. The sellers would not move on the amount so I negotiated £7000 of extras instead. The house builders rep suggested that I not disclose to my conveyancer about the deal as it may affect my loan with Bank of Scotland. 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.
What does commercial conveyancing in Farringdon cover?
Commercial conveyancing in Farringdon covers a wide range of guidance, offered by qualified solicitors, relating to business premises. For example, this area of conveyancing can cover the sale or purchase of freehold business premises or, more usually, the assignment of existing leases or the drafting of new leasing arrangements. Commercial conveyancing solicitors can also offer advice on the sale of business assets, commercial mortgages and the termination of leases.
What advice can you give us when it comes to finding a Farringdon conveyancing practice to deal with our lease extension?
If you are instructing a solicitor for lease extension works (regardless if they are a Farringdon conveyancing practice) it is essential that they be familiar with the legislation and specialises in this area of conveyancing. We recommend that you speak with two or three firms including non Farringdon conveyancing practices prior to instructing a firm. Where the conveyancing practice is ALEP accredited then so much the better. The following questions could be of use:
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If they are not ALEP accredited then why not?
I have attempted and failed to negotiate with my landlord for a lease extension without any joy. Can the Leasehold Valuation Tribunal decide on such matters? Can you recommend a Farringdon conveyancing firm to assist?
Most certainly. We can put you in touch with a Farringdon conveyancing firm who can help.
An example of a Lease Extension matter before the tribunal for a Farringdon premises is Flat 89 Trinity Court Grays Inn Road in February 2013. the Tribunal found that the premium to be paid by the tenant on the grant of a new lease, in accordance with section 56 and Schedule 13 to the Leasehold Reform, Housing and Urban Development Act 1993 should be £36,229. This case affected 1 flat. The unexpired lease term was 66.8 years.
My partner and I have just had an offer accepted on our first home in Farringdon, and are now looking to get solicitors appointed. I have used the various comparison tools and the results are from all over the the UK. Is it essential to have a Farringdon conveyancing practitioner local to our prospective new home? I am happy to do all the communicating over the web, but I assume at some point we will need to physically go into the property lawyer's office to sign documents?
The solicitor does not need to be in Farringdon, but choosing local means that you have the option to visit their offices if needed, by way of example, if a signature is immediately necessary. Also, a Farringdon solicitor have established relationships with local agents and (if the vendor has chosen a local conveyancer) with them, which will help keep things moving faster.