The Lydney conveyancing firm handling our Lydney conveyancing has spotted a difference when comparing the surveyor’s assumptions in the valuation report and what is in the title deeds. My lawyer says that he needs to ensure that the lender is OK with this discrepancy and is content to go ahead. Is my solicitor’s stance right?
Your property lawyer must comply with the UK Finance Lenders’ Handbook provisions 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.
We are planning to move property in January. Should my conveyancing solicitor update the removal company on the completion day. On a separate note, can you recommend a removal company in Lydney. Conveyancing firm was found before I stumbled across this page.
On the afternoon of completion you will need to collect the house keys from the property agent but this should only be done when the vendors lawyers inform the agent that they have the completion monies and the keys can be collected. Subsequently you should advise the removal company that they can start moving you in. We are not in a position to suggest a specific removal organisation but can help you find a residential property solicitor in Lydney or a solicitor that specialises in conveyancing in Lydney.
is it true that all Lydney conveyancing solicitors on the UBS conveyancing panel are governed by the Solicitors Regulatory Authority?
As solicitors, in order to be on the UBS approved list of solicitors they would need to be regulated by the SRA. Some mortgage companies do allow licenced conveyancers on their panel in which case such practice would be regulated by the CLC.
My husband and I have organised a further advance on our home loan from Lloyds as we wish to conduct improvements to our home in Lydney. Are we obliged to appoint a local Lydney solicitor on the Lloyds conveyancing panel to handle the paperwork?
Lloyds do not ordinarily instruct firms on their conveyancing panel to handle the formalities. If they do require any legal work then you would need to ensure that such a lawyer was on the Lloyds list.
A relative suggested that where I am purchasing in Lydney I should carry out a Neighbourhood, Planning and Local Amenity Search. What does it cover?
A search of this type is occasionally quoted for as part of the standard Lydney conveyancing searches. It is a large document of about 40 pages, listing and detailing important information about Lydney around the property and the people living there. It incorporates an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the local Housing Market, Council Tax Banding, the demographics of People living in the area, the dominant type of Housing, the Average House Prices, Crime statistics, Lydney Education with plans and statistics, Local Amenities and other useful data about Lydney.
I used Action Conveyancing several years ago for my conveyancing in Lydney. I now require my papers however the law firm has closed. What do I do?
You should call the Solicitors Regulatory Authority (SRA) to help locate your conveyancing files. They can be contacted on please contact on 0870 606 2555. Alternatively, you should use their online form to make an enquiry. You will need to provide the SRA with as much information as possible to assist their search, including the name and address in Lydney of the conveyancing firm of solicitors you previously instructed, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.
What does commercial conveyancing in Lydney cover?
Lydney conveyancing for business premises covers a broad range of guidance, provided by regulated solicitors, relating to business premises. By way of example, this type of conveyancing can cover the sale or purchase of freehold business premises or, more commonly, the transfer of existing leases or the drafting of new leasing arrangements. Commercial conveyancing solicitors can also offer advice on the sale of business assets, commercial loans and the termination of tenancies.
Having checked my lease I have discovered that there are only Fifty years left on my flat in Lydney. I now want to get lease extension but my freeholder is can not be found. What options are available to me?
If you qualify, under the Leasehold Reform, Housing and Urban Development Act 1993 you can submit an application to the County Court for for permission to dispense with the service of the initial notice. This will mean that your lease can be granted an extra 90 years by the magistrate. You will be obliged to prove that you or your lawyers have used your best endeavours to find the landlord. On the whole a specialist would be useful to try and locate and to produce a report to be accepted by the court as proof that the freeholder is indeed missing. It is wise to seek advice from a property lawyer both on devolving into the landlord’s disappearance and the application to the County Court covering Lydney.
I acquired a basement flat in Lydney, conveyancing having been completed 4 years ago. Can you please calculate a probable premium for a statutory lease extension? Equivalent properties in Lydney with over 90 years remaining are worth £176,000. The ground rent is £50 invoiced annually. The lease runs out on 21st October 2105
With only 80 years remaining on your lease we estimate the price of your lease extension to span between £8,600 and £9,800 plus costs.
The suggested premium range above a general guide to costs for extending a lease, but we cannot give you the actual costs without more detailed investigations. You should not use the figures in a Notice of Claim or as an informal offer. There may be additional issues that need to be taken into account and you obviously should be as accurate as possible in your negotiations. You should not move forward based on this information without first seeking the advice of a professional.