My IFA has asked me for my Motspur Park law firm’s panel reference for the Nationwide conveyancing panel. What is the best way to discover this. I have called my local Motspur Park branch but they have not got back to me yet.
You are best placed to get this information from your Motspur Park conveyancer . They maintain a central record lender panel numbers.
The owners have rather pushy sellers who has insisted on a lock out contract with a payment 6,000. Are such arrangements appropriate for Motspur Park conveyancing transactions?
There are two primary drawbacks with executing a lock out contract (also referred to as a no-shop agreement) is that it can distract from making progress with the conveyancing work, so unless it requires limited or no negotiation then it may turn out to be a cause of frustration and delay. It is not promoted amongst Motspur Park conveyancing practitioners for this reason. A further negative is the extent of the remedies available - a jilted purchaser should not expect to be granted injunctive relief to prohibit the owner completing the sale to another buyer, so the only remedy available under the contract will be the reimbursement of abortive charges and, in limited situations, the extra payment of damages.
My wife and I have recently appointed a conveyancing solicitor in Motspur Park. I need to find out whether they are on the Bank of Scotland approved list of lawyers. Can you help?
You should contact your solicitor and ask them if they are on the lender panel. Alternatively please get in touch with Bank of Scotland who may be able to help.
The deeds to my property can not be found. The lawyers who handled the conveyancing in Motspur Park 5 years ago have long since closed. Will I be able to sell the house?
You no longer need to hold title deeds to establish that you are the owner of your registered land or property, given that the Land Registry hold details of all registered land or property electronically.
I am looking for a leasehold apartment up to £305k and identified one near me in Motspur Park I like with amenity areas and station nearby, however it's only got 49 years on the lease. There is not much else in Motspur Park in this price bracket, so just wondered if I would be making a grave error buying a short lease?
Should you need a home loan the remaining unexpired lease term will likely be an issue. Discount the offer by the amount the lease extension will cost if it has not already been discounted. If the existing owner has owned the property for at least 2 years you can request that they start the process of the extension and then assign it to you. You can add 90 years to the existing lease with a zero ground rent applied. You should consult your conveyancing lawyer concerning this.
My wife and I purchased a leasehold flat in Motspur Park. Conveyancing and Aldermore mortgage went though with no issue. I have received a letter from someone saying they have taken over the freehold. It included a demand for arrears of ground rent dating back to 1993. The conveyancing practitioner in Motspur Park who previously acted has long since retired. Do I pay?
The first thing you should do is make enquiries of the Land Registry to make sure that the individual purporting to own the freehold is in fact the new freeholder. There is no need to incur the fees of a Motspur Park conveyancing lawyer to do this as you can do this on the Land Registry website for £3. You should note that in any event, even if this is the legitimate landlord, under the Limitation Act 1980 no more than 6 years of rent can be collected.
I have attempted and failed to negotiate with my landlord to extend my lease without getting anywhere. Can the Leasehold Valuation Tribunal decide on such matters? Can you recommend a Motspur Park conveyancing firm to represent me?
Absolutely. We can put you in touch with a Motspur Park conveyancing firm who can help.
An example of a Lease Extension case for a Motspur Park premises is 33 The Maisonettes Alberta Avenue in June 2014. the Tribunal decided that the premium payable for the grant of a new lease be the sum of £20,680 (Twenty Thousand six hundred and eighty pounds). This case was in relation to 1 flat. The unexpired lease term was 60.43 years.