My lawyer in Gerrards Cross has never been on on the Barclays Direct Approved Panel. Can I still use my prefered solicitor notwithstanding that they are not on the Barclays Direct list of approved lawyers?
The limited options available to you here include:
- Carry on with your preferred Gerrards Cross lawyers but Barclays Direct will need to retain a solicitor on their list of acceptable firms. This will result in additional overall conveyancing charges as well as result in delays.
- Find an alternative solicitor to act in the purchase, not forgetting to check they are on the Barclays Direct panel
Do I find a Licenced Conveyancer or Solicitor for conveyancing in Gerrards Cross?
There are many recorded licenced Conveyancers in Gerrards Cross and Solicitor firms in Gerrards Cross offering conveyancing It is important to make clear that both are regulated professionals specialising in the legal aspects of the home buying process. They may both also deal with other property legal work such as remortgage conveyancing, lease extensions and transfer of equity conveyancing.
Please help - my lawyer advises that chancel insurance is needed on my purchase. What is the typical level of cover needed for conveyancing in Gerrards Cross?
The right level of chancel indemnity insurance depends on your lender. It would differ for example between Lloyds TSB Bank and Bank of Scotland. Conveyancing solicitors as opposed to members of the public take out such insurances.
We previously appointed solicitors locally in Gerrards Cross on the Virgin Money solicitor approved list. They have just invoiced me a separate charge for the legal aspects of the Virgin Money mortgage. Is this a supplemental conveyancing fee specified by Virgin Money?
As unfair as it may appear, as long as it’s in their Terms of Engagement or Quote then yes your solicitor can charge a fee for this. The fee is not set by Virgin Money but by your Gerrards Cross solicitor. Numerous firms on the Virgin Money panel will levy ’dealing with mortgage’ fee but some firms include it on their overall fee.
I have todaybecome aware that Action Conveyancing have been shut down. They conducted my conveyancing in Gerrards Cross for a purchase of a leasehold apartment 10 months ago. How can I be sure that the property is registered correctly in the name of the former proprietor?
The quickest method to check if the property is in your name, you can make a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Gerrards Cross conveyancing specialists.
I've recently found out that there is a flying freehold issue on a house I put an offer in last month in what should have been a simple, chain free conveyancing. Gerrards Cross is where the house is located. Is there any guidance you can impart?
Flying freeholds in Gerrards Cross are not the norm but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Gerrards Cross you would need to get your solicitor to go through the deeds very carefully. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Gerrards Cross may decide 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 property.
We are 18 days into a residential purchase having been directed to solicitors by the selling agent to do our conveyancing in Gerrards Cross. I am not happy. Could you you assist me in finding new lawyers?
They would have to be very poor to suggest changing them. Has the mortgage been sent? In the event that it has you must make them aware of the new contact details and get the offer are issued to the new lawyers. Your new conveyancer needs to be on the lenders approved list to avoid escalating charges and frustration. So that should be your first question of the new conveyancers. The find a solicitor tool can help you find a bank approved solicitor for your home move in Gerrards Cross
Last October I purchased a leasehold property in Gerrards Cross. Am I liable to pay service charges relating to a period prior to completion of my purchase?
In a situation where the service charge has already been demanded from the previous lessee and they have not paid you would not usually be personally liable for the arrears. However, your landlord may still be able to take action to forfeit the lease. It is an essential part of leasehold conveyancing for your conveyancer to be sure to have an up to date clear service charge receipt before completion of your purchase. If you have a mortgage this is likely to be a requirement of your lender.
If you purchase part way through an accounting year you may be liable for charges not yet demanded even if they relate to a period prior to your purchase. In such circumstances your conveyancer would normally arrange for the seller to set aside some money to cover their part of the period (usually called a service charge retention).
I own a a ground floor purpose built flat in Gerrards Cross. Given that I can not reach agreement with the freeholder, can the Leasehold valuation Tribunal make a decision on the sum due for the purchase of the freehold?
You certainly can. We are happy to put you in touch with a Gerrards Cross conveyancing firm who can help.
An example of a Lease Extension case for a Gerrards Cross residence is Flats 8, 11 and 15 Craigmore Court 46 Murray Road in December 2013. The tribunal held that the price payable by the Applicant tenant of Flat 8 to acquire an extended lease shall be £26,438 plus £1 to the intermediate lessee . The tribunal held that the price payable by the Applicant tenants of Flat 11 to acquire an extended lease shall be £26,791 plus £1 to the intermediate lessee. The tribunal held that the price payable by the Applicant tenant of Flat 15 to acquire an extended lease shall be £26,638 plus £1 to the intermediate lessee . This case was in relation to 3 flats. The unexpired term was 71 years.