Despite weeks of looking the Title Certificate and documents to my house can not be found. The lawyers who did the conveyancing in Gedling 4 years ago are no longer around. What do I do?
As long as you have a registered title the information relating to your proprietorship will be documented by the Land Registry under a Title Number. It is possible to execute a search at the Land Registry, identify your house and get up to date copies of the Registered Entries for a small fee. Where the title is Leasehold then the Land Registry will usually hold a file duplicate of the Registered Lease and again, a copy can be obtained for twenty pounds.
I am buying a new build house in Gedling benefiting from help to buy. The builders would not move on the price so I negotiated five thousand pounds worth of extras instead. The sale representative suggested that I not disclose to my solicitor about the side-deal as it could adversely affect my mortgage with the bank. Do I keep my lawyer in the dark?.
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.
Over the last few months I have been searching for a ground for flat up to £235,500 and identified one near me in Gedling I like with amenity areas and station in the vicinity, the downside is that it's only got 61 years on the lease. I can't really find anything else in Gedling suitable, so just wondered if I would be making a grave error purchasing a short lease?
If you require a home loan the shortness of the lease may be problematic. Reduce the price by the amount the lease extension will cost if it has not already been discounted. If the existing owner has owned the premises for a minimum of 2 years you can ask them to start the process of the extension and then assign it to you. An additional ninety years can be extended on to the existing lease term and have £0 ground rent by law. You should consult your conveyancing solicitor regarding this.
What tools are available to identify a Gedling solicitor on the The Royal Bank of Scotland conveyancing panel? I have wheels and am prepared to travel upto 20kilometers to meet the conveyancer.
You can use the facility on this website. Please pick a bank and your location and you will see a number of Gedling conveyancing lawyers locally. We have listed some Gedling conveyancing firms at the bottom of this page and you can contact them to verify whether they are on the The Royal Bank of Scotland panel
I need to instruct a conveyancing solicitor in Gedling for my house move. Is it possible to see a firm’s record with the legal regulator?
Members of the public can see documented Solicitor Regulator Association (SRA) determinations resulting from investigations started on or after Jan 2008. Visit Check a solicitor's record. For records Pre 2008, or to check a firm's history, telephone 0870 606 2555, 08.00 - 18.00 any week day save for Tuesday when lines open at 9.30am. For non-uk callers, call +44 (0)121 329 6800. The SRA could monitor call for training reasons.
I’m about to sell my 2 bed apartment in Gedling. Conveyancing solicitors are to be appointed soon, but I have just received a yearly service charge invoice – what should I do?
The sensible thing to do is discharge the maintenance contribution as you normally would given that all rents and maintenance payments will be apportioned as part of the financial calculations for completion monies, so you should recover the relevant percentage 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 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. Having a clear account will assist your cause and will leave you no worse off financially.
Leasehold Conveyancing in Gedling - Examples of Questions you should ask Prior to Purchasing
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How many years are left on the lease? How many of the leaseholders are in arrears for their maintenance charge payments?