We wish to acquire a 2 bedroom flat in Lancing with a homeloan from Clydesdale.We have a Lancing conveyancing practitioner but Clydesdale informed us she’s not on their "panel". we are left little option but to use a Clydesdale panel solicitor or retain our high street solicitor and fork out for one of their panel ones to represent them. We feel as though this is unjust; Can we not simply insist that Clydesdale use our lawyer?
Unfortunately,no. The loan offered to you is subject to its various provisions, a common one being that solicitors must be on the Clydesdale approved list. in the past, most mortgage companies had large numbers of law firms on their panels: a borrower could find one for themselves, as long as it was on the lender's panel. The lender would then simply instruct the borrower's lawyers to act for the lender, too. You can use your lender's panel lawyers or you could borrow from another lender which does not restrict your choice. A further alternative is for your solicitors to apply to be on the conveyancing panel for Clydesdale
Despite weeks of looking the Title Certificate and documents to my home can not be found. The solicitors who handled the conveyancing in Lancing 4 years ago are no longer around. What are my next steps?
Assuming you have a registered title the information relating to your proprietorship will be retained by HMLR with a Title Number. It is easy to carry out a search at the Land Registry, locate your house and secure up to date copies of the Registered Entries for less than a fiver. Where the property is Leasehold then the Land Registry will usually retain a file copy of the Registered Lease and again, a copy can be obtained for twenty pounds.
I decided to have a survey done on a property in Lancing ahead of appointing solicitors. I have been told that there is a flying freehold aspect to the property. Our surveyor has said that some banks tend refuse to issue a mortgage on such a home.
It depends who your proposed lender is. HSBC has different requirements from Nationwide. Should you wish to telephone us we can check with the relevant bank. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Lancing. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Lancing to see if the conveyancing costs will increase in light of this.
How can the Landlord & Tenant Act 1954 affect my commercial offices in Lancing and how can your lawyers assist?
The 1954 Act provides protection to business lessees, giving them the legal entitlement to apply to court for a renewal tenancy and continue in occupation at the end of an expired lease. There are limited grounds that a landlord can refrain from granting a lease renewal and the rules are complicated. We are happy to direct you to commercial conveyancing practices who use the act for protection and help with commercial conveyancing in Lancing
I need to retain a conveyancing solicitor for purchase conveyancing in Lancing. I happened to discover a site which appears to be the perfect answer If there is a chance to get all formalities done via email that would be preferable. Do I need to be wary? What are the potential pitfalls?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?
Being a leasehold owner I am on the hook for a service charge for my ground floor flat in Lancing. Due to losing my job and other issues I fell behind with payments. The freeholders agreed a settlement plan but there is still around £1750 currently due.
I want to sell and I am nervous that this could hold me back if I have to settle the amount due first. I'd like to sell up and then discharge the arrears from the completion monies - is this practicable?
You should clarify with the property lawyer dealing with your Lancing conveyancing but it might be possible to arrange for the debt to be passed to the purchasers. The contractual price they pay would be reduced to reflect the amount of debt they take on. They could then deal with the outstanding monies once they are the owners.