We are due to exchange buying a property in New Romney but as a result of wreckage from some water damage at the property I have was able negotiate compensation from the vendor in the sum of £2k in the form of a adjustment in the price. I had intended this to be addressed as part of a side agreement yet Nationwide are not allowing this. Should they have been approached?
The conveyancing practitioner that is on a Nationwide approved list is obliged to advise Nationwide of any variations to the purchase price. If you prohibit your lawyer to report the reduction to Nationwide then they would have to discontinue acting for you. In addition, Nationwide and you would have to appoint a new property lawyer for your conveyancing in New Romney.
We note that you have a search directory identifying solicitors on the Lloyds conveyancing panel. Do companies pay you a commission if I retain them for our conveyancing in New Romney?
We are a listing service only for law firms wishing to communicate if they are on the Lloyds conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in New Romney.
My wife and I have recently appointed a conveyancing solicitor in New Romney. I I would like to check whether they are accepted on the Platform Home Loans Ltd conveyancing panel. Could you help?
You should call the conveyancer and ask them whether they can act for the bank. Alternatively you can get in touch with Platform Home Loans Ltd who may be able to assist.
Various online forums that I have frequented warn that are the number one cause of delay in New Romney house deals. Is that correct?
The Council of Property Search Organisations (CoPSO) has noted the determinations of a review by MoveWithUs that conveyancing searches do not figure amongst the common causes of hindrances during the legal transfer of property. Local searches are not likely to be the root cause of slowing down conveyancing in New Romney.
What does commercial conveyancing in New Romney cover?
Non domestic conveyancing in New Romney incorporates a wide range of guidance, given by regulated solicitors, relating to business premises. For example, this area of conveyancing can cover the sale or purchase of freehold business premises or, more usually, the assignment of existing leases or the drafting of new leasing arrangements. Commercial conveyancing solicitors can also offer advice on the sale of business assets, commercial mortgages and the termination of leases.
I only have 72 years unexpired on my lease in New Romney. I now want to extend my lease but my landlord is can not be found. What options are available to me?
On the basis that you meet the appropriate requirements, under the Leasehold Reform, Housing and Urban Development Act 1993 you can apply to the County Court for an order to dispense with the service of the initial notice. This will enable the lease to be granted an extra 90 years by the Court. You will be obliged to prove that you or your lawyers have made all reasonable attempts to locate the lessor. For most situations an enquiry agent should be useful to conduct investigations and to produce an expert document to be used as proof that the landlord can not be located. It is wise to seek advice from a solicitor in relation to devolving into the landlord’s disappearance and the application to the County Court overseeing New Romney.
Leasehold Conveyancing in New Romney - A selection of Queries Prior to Purchasing
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What restrictions are contained in the New Romney Lease? Can you inform me if there are any major works on the horizon that could increase the maintenance fees? How much is the ground rent and service charge?