Can you clarify what the consequences are if my solicitor is suspended from the Barclays Conveyancing panel ahead of completing my conveyancing in Hebburn?
The first thing to point out is that, this is very unlikely to happen. In most cases even where a law firm is removed off of a panel the lender would allow the completion to go ahead as the lender would appreciate the difficulties that they would place you in if you have to instruct a new solicitor days before completion. In a worst case scenario where the lender insists that you instruct a new firm then it is possible for a very good lawyer to expedite the conveyancing albeit that you may pay a significant premium for this. The analogous situation is where a buyer instructs a lawyer, exchanges contracts and the law firm is shut down by a regulator such as the SRA. Again, in this situation you can find lawyers who can troubleshoot their way to bring the conveyancing to a satisfactory conclusion - albeit for a fee.
Various online forums that I have come across warn that are a common cause of obstruction in Hebburn house deals. Is this right?
The Council of Property Search Organisations (CoPSO) has noted the findings of research by MoveWithUs that conveyancing searches do not feature within the common causes of hindrances in the conveyancing process. Searches are not likely to feature in any holding up conveyancing in Hebburn.
Are there restrictive covenants that are commonly identified during conveyancing in Hebburn?
Covenants that are restrictive in nature can be picked up when reviewing land registry title as part of the process of conveyancing in Hebburn. 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 am looking for a conveyancing solicitor in Hebburn for my purchase. Is there any facility to see a solicitor's record with the legal regulator?
You can review presented Solicitor Regulator Association (SRA) decisions arising from investigations from 2008 onwards. Go to Check a solicitor's record. To find details about the period before 1 January 2008, or to check a firm's history, ring 0870 606 2555, 08.00 - 18.00 any week day save for Tuesday when lines open at 9.30am. For callers outside the UK, use +44 (0)121 329 6800. The regulator could monitor call for training requirements.
My wife and I purchased a leasehold flat in Hebburn. Conveyancing and Skipton Building Society mortgage organised. A letter has just been received from someone claiming to own the reversionary interest in the property. It included a ground rent demand for rent dating back to 1991. The conveyancing practitioner in Hebburn who acted for me is not around. Any advice?
First contact the Land Registry to make sure that the individual purporting to own the freehold is in fact the registered owner of the freehold reversion. You do not need to incur the fees of a Hebburn conveyancing solicitor to do this as you can do this on the Land Registry website for a few pound. You should note that regardless, even if this is the legitimate landlord, under the Limitation Act 1980 the limitation period for recovery of ground rent is six years.
I acquired a 1 bedroom flat in Hebburn, conveyancing formalities finalised half a dozen years ago. Can you let me have an estimated range of the fair premium for a lease extension? Similar flats in Hebburn with over 90 years remaining are worth £197,000. The average or mid-range amount of ground rent is £55 invoiced every year. The lease comes to an end on 21st October 2080
With 55 years remaining on your lease the likely cost is going to span between £31,400 and £36,200 plus legals.
The suggested premium range above a general guide to costs for renewing a lease, but we are not able to supply the actual costs without more comprehensive due diligence. You should not use this information in a Notice of Claim or as an informal offer. There may be other issues that need to be considered and you obviously want to be as accurate as possible in your negotiations. Neither should you take any other action based on this information before seeking the advice of a professional.
Is it true that a Hebburn conveyancing firm has court proceedings brought against them by clients for failing to conduct comprehensive conveyancing searches?
Our attention has not be brought to such a Hebburn conveyancing claim but according to a recent report, a couple acquiring a property in Cumbria successfully sued their lawyer as a consequence of development permission to construct a wind farm not being identified in conveyancing searches.
If you are buying in Hebburn It is essential that your conveyancing practitioner purchase all Hebburn conveyancing searches needed making sure that you have relevant and current information ahead of purchasing a property.