All was ready to move into my new home in Mitcham Junction next Thursday. I have now been asked to send a copy of my building insurance schedule by my solicitor as as she informs me that she is duty bound to validate that it is in order for the lender. What risks does the lender expect the insurance to cover?
Any lawyer on acting for mortgage companies would need to check that the following risks are covered fire; lightning; aircraft; explosion; earthquake; storm; flood; escape of water or oil; riot; malicious damage; theft or attempted theft; falling trees and branches and aerials; subsidence; heave;landslip;collision;accidental damage to underground services;professional fees, demolition and site clearance costs; and public liability to anyone else. There are some other issues such as the level of excess that are set out in a lender’s UK Finance Lenders’ Handbook conditions. These obligations are not limited to conveyancing in Mitcham Junction.
I am helping my mother sell her property in Mitcham Junction. Does the conveyancing solicitor order the energy assessment or should I organise this?
Following the abolition of Home Packs, energy assessments was kept a required element of selling a property. An EPC should be commissioned in advance of the property being advertised. It is not a task that solicitors ordinarily arrange. If you are instructing a Mitcham Junction conveyancing solicitor they might be able to arrange EPC’s given their relationships with long established Mitcham Junction providers
We have agreed to purchase a house in Mitcham Junction. A rare aspect is that the roof has a solar panel. Solicitors conducting should look into this right? Will my lender Virgin Money be concerned?
As your lender is Virgin Money your lawyer must comply with the formal instructions outlined in Section 2 of UK Finance Lenders’ Handbook for Virgin Money. The CML Handbook contains minimum conditions for solar panel roof-space leases, and solicitors are required to report to Virgin Money where a lease does not comply with these requirements. The provisions relate to the installation of panels on properties in England and Wales and is not isolated to Mitcham Junction.
Planning on purchasing a apartment in Mitcham Junction. I have received an online quote from a licenced conveyancer, which states: "There will be no charge for dealing with the Building Society if you are obtaining a mortgage". I take this to mean that there will be no additional fee if the solicitor is on the Bank of Ireland 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 Mitcham Junction conveyancer is on the Bank of Ireland conveyancing panel.
Are there restrictive covenants that are commonly identified during conveyancing in Mitcham Junction?
Covenants that are restrictive in nature can be picked up when reviewing land registry title as part of the legal transfer of property in Mitcham Junction. 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 to sell my home. My previous lawyers have shut. I am in need of a recommendation of a conveyancing firm. Im based in Mitcham Junction if that makes a difference.
You should use our search tool to help you find a solicitor for your conveyancing in Mitcham Junction. We have connected thousands of home buyers and sellers with regulated solicitors to ensure that the legalities of their house move runs with a minimum of fuss.
I am looking for a conveyancing practitioner in Mitcham Junction for my house move. Is there any facility to see a solicitor's complaints history with the legal regulator?
One may find published Solicitor Regulator Association (SRA) determinations resulting from inquisitions from 2008 onwards. Visit Check a solicitor's record. To find records Pre 2008, or to check a solicitors history, call 0870 606 2555, 08.00 - 18.00 any week day save for Tuesday when lines open at 9.30am. For callers outside the UK, dial +44 (0)121 329 6800. The regulator may recorded telephone calls for training reasons.
I am intending to rent out my leasehold apartment in Mitcham Junction. Conveyancing solicitor who did the purchase is retired - so can't ask him. Is permission from the freeholder required?
Your lease dictates the relationship between the freeholder and you the leaseholder; in particular, it will indicate if subletting is not allowed, or permitted but only subject to certain caveats. The accepted inference is that if the lease contains no expres ban or restriction, subletting is permitted. Most leases in Mitcham Junction do not contain strict prohibition on subletting – such a provision would adversely affect the market value the property. In most cases there is simply a requirement that the owner notifies the freeholder, possibly sending a copy of the sublease.
I own a a ground floor purpose built flat in Mitcham Junction. In the absence of agreement between myself and the freeholder, can the Leasehold valuation Tribunal make a decision on the premium due for a lease extension?
Most definitely. We are happy to put you in touch with a Mitcham Junction conveyancing firm who can help.
An example of a Freehold Enfranchisement matter before the tribunal for a Mitcham Junction flat is 50 & 52 Southcroft Road in September 2013. The tribunals own valuation determined that the premium payable should be £29,000 This case affected 2 flats. The number of years remaining on the existing lease(s) was 86.11 and 60.64.