The Green Street Green conveyancing firm handling our Green Street Green conveyancing has uncovered an inconsistency when comparing the assumptions in the valuation report and what is revealed within the legal papers for the property. My lawyer has advised that he is duty bound to check that the lender is happy with this discrepancy and is still content to lend. Is my lawyer’s stance legitimate?
Your lawyer must comply with the UK Finance Lenders’ Handbook specifications which do require that your lawyer disclose any incorrect assumptions in the lender’s valuation report and the legal papers. Should you refuse to allow your lawyer to make the appropriate notification then your lawyer will have no choice but to discontinue acting for you.
Why do I have to pay up front when it comes to conveyancing in Green Street Green?
Where you are retaining lawyers for conveyancing in Green Street Green your lawyer will ask you place them with monies to cover the the cost of the conveyancing searches. This will be the total of the cost of the Local Authority Search. If any down payment is payable against the purchase price then this will be required immediately ahead of exchange of contracts. The closing balance that is due will be payable shortly before completion.
Do I need to take out insurance to cover chancel repairs when buying a residence in Green Street Green?
Unless a prior purchase of the property completed after 12 October 2013 you could take it that solicitors carrying out conveyancing in Green Street Green to continue to recommend a chancel search and or chancel repair liability policy.
In my capacity as executor for the estate of my father I am disposing of a residence in Monmouth but live in Green Street Green. My solicitor (who is 300 miles from mehas requested that I execute a statutory declaration before completion. Can you recommend a conveyancing practitioner in Green Street Green to witness this legal document for me?
strictly speaking you are not likely to need to have the documents witnessed by a conveyancing solicitor. Normally or notary public or qualified solicitor will suffice regardless of whether they are Green Street Green based
I own a leasehold flat in Green Street Green. Conveyancing and National Westminster Bank mortgage organised. I have received a letter from someone claiming to own the reversionary interest in the property. Attached was a ground rent demand for rent dating back to 1991. The conveyancing practitioner in Green Street Green who acted for me is not around. Do I pay?
The first thing you should do is contact the Land Registry to be sure that this person is indeed the new freeholder. It is not necessary to incur the fees of a Green Street Green conveyancing practitioner to do this as you can do this on the Land Registry website for £3. Rest assured that in any event, even if this is the rightful freeholder, under the Limitation Act 1980 the limitation period for recovery of ground rent is six years.
I have given up seeking a lease extension in Green Street Green. Can this matter be resolved via the Leasehold Valuation Tribunal?
if there is a absentee freeholder or where there is disagreement about what the lease extension should cost, under the relevant statutes it is possible to make an application to the Leasehold Valuation Tribunal to calculate the amount due.
An example of a Lease Extension decision for a Green Street Green property is 1 Southlands Court Southlands Road in September 2013. The Leasehold Valuation Tribunal determined that the premium to be paid by the tenant on the grant of a new lease, in accordance with section 56 and Schedule 13 of the Leasehold Reform, Housing and Urban Development Act 1993 was £30,541 This case was in relation to 1 flat. The unexpired lease term was 50.57 years.
Having used your search tool I can't find the lawyer I was hoping to instruct as being on the lender conveyancing panel. My lawyer has said that they are on the lender approved panel. How can I be sure given that they are not listed on your directory?
Not all firms are yet listed on our lender panel search tool which is still relatively new. Law firms are listing on a daily basis and it is probably the case that your lawyer is on the mortgage company conveyancing lawyer and you should probably take them at their word. Please do feel free to suggest that they completing their listing on our site as it would only cost them £1 a month to list themselves as being on the bank solicitor panel.