I am hoping to receive a offer of a home loan from Santander. I hope to employ the services of a Licensed Conveyancer in Heathfield. Does the Santander Solicitor panel include conveyancers regulated by the CLC?
The Santander approved solicitor list is, like many other lenders, represented by the Council or Mortgage Lenders or BSA, open to Licensed Conveyancers regulated by the CLC.
Is it the case that all Heathfield CQS (Conveyancing Quality Scheme) solicitors are on the Aldermore conveyancing list of approved solicitors?
A selection of lenders now make use of the accreditation scheme as the kick off point for Panel approval such as HSBC and Santander. The Law Society’s CQS accreditation however is no guarantee to lender panel acceptance. That being said,the Council of Mortgage Lenders have indicated that it is likely to become a pre-requisite for firms wishing to join their approved list of firms.
Is it the case that all Heathfield solicitors on the Co-operative conveyancing panel are governed by the Solicitors Regulatory Authority?
As a firm of solicitors, in order to be on the Co-operative approved list of solicitors they would need to be governed by the SRA. The majority of lenders do allow licenced conveyancers on their panel and in that case the firms would be regulated by the Council of Licensed Conveyancers.
Completion of my purchase has taken place for my property in Heathfield. Conveyancing was satisfactory but I would like to complain about the lender. How does one go about formally complaining?
Almost all banks and building societies have complaints procedures. Your first point of contact should be one of the lender’s branches or the Customer Care Department at head office. Ordinarily complaints to a lender are resolved effectively and efficiently. However if you are not satisfied that the matter is not resolved you can write to Financial Ombudsman Service, South Quay Plaza, 183 Marsh Wall, London E14 9SR with full details of your complaint.
Are there restrictive covenants that are commonly identified during conveyancing in Heathfield?
Restrictive covenants can be picked up when reviewing land registry title as part of the process of conveyancing in Heathfield. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
I have been on the look out for a ground for flat up to £235,500 and found one near me in Heathfield I like with open areas and railway links in the vicinity, the downside is that it's only got 52 years unexpired on the lease. There is not much else in Heathfield suitable, so just wondered if I would be making a mistake acquiring a short lease?
If you need a mortgage that many years may be an issue. Discount the offer by the expected lease extension will cost if it has not already been discounted. If the existing owner has owned the premises for at least 2 years you may ask them to start the process of the extension and pass it to you. An additional ninety years can be extended on to the existing lease with a zero ground rent applied. You should consult your conveyancing solicitor regarding this matter.
Hoping to buy a property located in Heathfield and I am already nervous. I couldn't find anything specific about Heathfield. Conveyancing will be needed in due course but do you know about the Heathfield area? or perhaps some other tips you can share?
Rather than looking online forget looking online you should go and have a look at Heathfield. In the meantime here are some basic statistics that we found
I am a negotiator for a busy estate agency in Heathfield where we see a few flat sales jeopardised due to leases having less than 80 years remaining. I have received contradictory information from local Heathfield conveyancing firms. Could you shed some light as to whether the seller of a flat can initiate the lease extension formalities for the buyer?
Provided that the seller has been the owner for at least 2 years it is possible, to serve a Section 42 notice to start the lease extension process and assign the benefit of the notice to the purchaser. This means that the proposed purchaser can avoid having to sit tight for 2 years to extend their lease. Both sets of lawyers will agree to form of assignment. The assignment has to be done before, or simultaneously with completion of the disposal of the property.
Alternatively, it may be possible to agree the lease extension with the freeholder either before or after the sale. If you are informally negotiating there are no rules and so you cannot insist on the landlord agreeing to grant an extension or transferring the benefit of an agreement to the buyer.
Heathfield Leasehold Conveyancing - A selection of Queries before Purchasing
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For most Heathfield leaseholds the outlay for major works tend not to be included within service charges, although there some managing agents in Heathfield obliged leasehold owners to contribute towards a sinking fund created for the specific intention of building a fund for major works. How many of the leaseholders are in arrears for their maintenance charge payments? Who is in charge of the block?