I am getting a mortgage offer from Halifax. I intend to employ the services of a Licensed Conveyancer in Lee. Does the Halifax Conveyancing panel include Licensed Conveyancers?
The Halifax conveyancing panel is, like many other lenders, represented by the Council or Mortgage Lenders or BSA, open to Licensed Conveyancers regulated by the CLC.
I am the registered owner of a freehold residence in Lee but still charged rent, why is this and what is this?
It is rare for properties in Lee and has limited impact for conveyancing in Lee but some freehold properties in England (particularly common in North West England) pay an annual sum known as a Chief Rent or a Rentcharge to a third party who has no other legal interest in the land.
Rentcharge payments are usually between £2.00 and £5.00 per year. Rentcharges date back hundreds of years, but the Rent Charge Act 1977 barred the establishment of new rentcharges from 1977 onwards.
Previous rentcharges can now be redeemed by making a one off payment under the Act. Any rentcharges that are still in existence post 2037 will be dispensed with completely.
Do I find a Licenced Conveyancer or Solicitor for conveyancing in Lee?
There are many recorded licenced Conveyancers in Lee and Solicitor firms in Lee who can help with your conveyancing We would stress that the two are supervised by regulatory bodies with both specialising in the legal aspects of transferring property. They may both also conduct associated property related work such as remortgage conveyancing, lease extensions and transfer of equity conveyancing.
Can you help - my lawyer says that lack of planning permission insurance is necessary on my purchase. What is the typical level of cover needed for conveyancing in Lee?
The right level of lack of planning permission indemnity insurance should be dictated by who who your lender is. It would differ for example between Halifax and Bank of Scotland. Conveyancing practitioners as opposed to borrowers take out such insurances.
Last month we had a mortgage agreed in principle with UBS. Lee conveyancing practitioners were instructed. How long does it take for UBS to forward the offer to the property lawyer?
Some lenders take longer than others. Have UBS completed the survey? Have you advised UBS as to your lawyers' details and checked that your lawyers are on the UBS conveyancing panel? Sometimes it can take as long as six weeks for a mortgage offer to be issued.
Just had an offer accepted on a new build flat in Lee. Conveyancing is daunting at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build conveyancing.
Set out below is a sample of a few leasehold new build enquiries that you may expect your new-build leasehold conveyancing in Lee
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The Lease must contain a provision on behalf of the Vendor to pay the service charges in respect of unoccupied units in order to ensure that all services can be provided. The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme. Where service of notices and proceedings can be at the property demised please confirm that this can be amended to include simultaneous services at the Lessees’ solicitors’ offices where the Lessee from time to time is not resident in the UK - such solicitors may be varied by notice in writing to the Landlord from time to time but otherwise will be as previously specified. Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier?
I decided to have a survey done on a house in Lee before appointing solicitors. I have been informed that there is a flying freehold overhang to the house. The surveyor advised that some mortgage companies will refuse to give a mortgage on this type of house.
It varies from the lender to lender. Bank of Scotland has different instructions for example to Birmingham Midshires. If you call us we can check with the appropriate mortgage company. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Lee. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Lee to see if the conveyancing costs will increase in light of this.
I am looking to sell my home. My past lawyers have shut. It would be helpful to have a recommendation of a conveyancing firm. I happen to live in Lee if that makes things easier.
Please use our search tool to help you choose a solicitor for your conveyancing in Lee. We have connected thousands of home buyers and sellers with regulated solicitors to ensure that the legalities of their house move runs smoothly.