My financial adviser has asked me for my Maida Hill lawyer’ panel member for the Nat West conveyancing panel. How do I obtain this. I have e-mailed my local Maida Hill office but they have not got back to me yet.
You are best placed to get this information from your Maida Hill property lawyer . They maintain a central record lender panel numbers.
A relative advised me that in buying a property in Maida Hill there may be a number of restrictions limiting what one can do in terms of external alterations to the property. Is this right?
We are aware of anumerous of properties in Maida Hill which have some sort of restriction or requirement of consent to execute external alterations. Part of the conveyancing in Maida Hill should determine what restrictions are applicable and advising you as part of a ROT that should be sent to you.
Does a directory service exist listing Virgin Money panel solicitors in Maida Hill on the Council of Mortgage Lender’s Website?
Unfortunately not yet. There is no such tool on the Council of Mortgage Lenders or Building Society Association sites. Very few lending institutions make their panel listings open the public online. If you are looking for a Maida Hill conveyancing practitioner on the Virgin Money please use our facility.
About to purchase maisonette in Maida Hill. I have received an online quote from a licenced conveyancer, which states: "There will be no charge for dealing with the Lender if you are obtaining a mortgage". I take this to mean that there will be no additional fee if the solicitor is on the TSB conveyancing panel. I wanted to make sure it means there will be no additional fees for dealing with the mortgage.
They are simply saying that the cost for acting for the lender is included in the fee being quoted. It is worth you checking that the Maida Hill solicitor is on the TSB conveyancing panel.
Yesterday I discovered that there is a flying freehold element on a property I put an offer in two weeks back in what should have been a simple, no chain conveyancing. Maida Hill is the location of the property. Can you offer any guidance?
Flying freeholds in Maida Hill are not the norm but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Maida Hill you must be sure that your lawyer goes through the deeds very carefully. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Maida Hill may decide that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold property.
My father has recommend that I instruct his lawyers for conveyancing in Maida Hill. Should I find my own solicitor?
There are no two ways about it the best way to choose a conveyancing practitioner is to get referrals from friends or family who have actually previously instructed the firm you're contemplating using.
I am employed by a long established estate agency in Maida Hill where we have experienced a few flat sales put at risk due to leases having less than 80 years remaining. I have received conflicting advice from local Maida Hill conveyancing solicitors. Could you shed some light as to whether the seller of a flat can start the lease extension formalities for the buyer?
As long as 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 need not have to wait 2 years to extend their lease. Both sets of lawyers will agree to form of assignment. The assignment needs to be completed before, or simultaneously with completion of the disposal of the property.
Alternatively, it may be possible to extend the lease informally by agreement with the landlord 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.
After months of negotiations we are unable to agree with our landlord on how much the lease extension should cost for our flat in Maida Hill. Can we issue an application to the Residential Property Tribunal Service?
You certainly can. We are happy to put you in touch with a Maida Hill conveyancing firm who can help.
An example of a Lease Extension matter before the tribunal for a Maida Hill premises is Flat 1 57 Oxford Gardens in January 2014. the Tribunal decided that the premium to be paidfor a new lease is £61,650.00. This case was in relation to 1 flat. The unexpired residue of the current lease was 60 years.
Are there any compelling advantages to choosing a high street solicitor in Maida Hill
Many buyers and sellers in Maida Hill select a nearby high street solicitor so that they can visit in the event that they have problems, and to collect documents without using the post.
We would suggest that there exists a marginal benefit in selecting a conveyancer nearby to a premises you are hoping to purchase, due to the knowledge of the region and potential local concerns - however this is debatable. The majority of conveyancers carry out their work over the internet and could be almost anywhere.