Unfortunately I am unable to travel far from Northfleet. I would like to know the reason why all Northfleet solicitors are not on all lender panels?
Lenders tend to impose restrictions on either the nature or volume of conveyancing practices on their approved list of lawyers. Typical examples of such criteria being that a firm must have two or more partners. As well as restricting the nature of firm, some banks such as HSBC decided to limit the number of conveyancers they allow to act for them. It is worth noting that banks have no accountability for the accuracy of advice provided by any Northfleet solicitor on their panel. Increases in mortgage fraud was a key driver in the rationalisation of solicitor panels a few years ago notwithstanding that there are contrary thoughts concerning whether solicitors sat at the center of that fraud. Statistics from HM Land Registry indicates that thousands of conveyancing firms only conduct less than three conveyances annually. Those advocating conveyancing panel pruning ask why law firms should have claim to be listed on a conveyancing panel when it is apparent that property law is not their speciality?
We hope to to purchase with Darlington Building Society. I popped in 3 or 4 high street solicitors yet am struggling to find a Northfleet conveyancing firm on the Darlington Building Society approved list. Can you help?
Feel free to take advantage of the search tool on this web page. Pick the mortgage company and type Northfleet or your preferred area and you will discover numerous solicitors located in Northfleet or by proximity to you.
The estate agent has sent us the confirmation of our purchase of a new build apartment in Northfleet. Conveyancing is a frightening process at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build conveyancing.
Set out below is a sample of a selection of leasehold new build questions that you can expect your new-build leasehold conveyancing in Northfleet
-
The Vendor must covenant to keep unsold units in good repair until long leases are granted therefore. Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose? Please confirm the Lease plans are surveyor prepared. Where service of notices and proceedings can be at the property demised please confirm that this can be amended to include simultaneous services at the Lessees’ solicitors’ offices where the Lessee from time to time is not resident in the UK - such solicitors may be varied by notice in writing to the Landlord from time to time but otherwise will be as previously specified.
I am looking for a leasehold apartment up to £195,000 and identified one close by in Northfleet I like with a park and transport links nearby, the downside is that it's only got 61 remaining years left on the lease. There is not much else in Northfleet in this price bracket, so just wondered if I would be making a grave error buying a short lease?
Should you need a mortgage that many years will be a potential deal breaker. Discount the price by the anticipated lease extension will cost if not already taken into account. If the current owner has owned the property for a minimum of 2 years you can ask them to commence the lease extension formalities and then assign it to you. You can add 90 years to the current lease and have £0 ground rent by law. You should speak to your conveyancing solicitor regarding this.
I own a leasehold flat in Northfleet. Conveyancing and Platform Home Loans Ltd mortgage went though with no issue. I have received a letter from someone saying they have taken over the freehold. Attached was a demand for arrears of ground rent dating back to 1997. The conveyancing practitioner in Northfleet who acted for me is not around. What should I do?
First contact HMLR to be sure that this person is indeed the new freeholder. It is not necessary to instruct a Northfleet conveyancing practitioner to do this as it can be done on-line for £3. You should note that in any event, even if this is the legitimate freeholder, under the Limitation Act 1980 no more than 6 years of rent can be collected.
Northfleet Conveyancing for Leasehold Flats - A selection of Questions you should ask Prior to Purchasing
-
Who takes charge for maintaining and repairing the block? How is the lease structured? The best form of lease structure is a share of the freehold. In this situation the tenants enjoy control and notwithstanding that a managing agent is often employed where the building is larger than a house conversion, the managing agent retained by the leaseholders.
I am searching for Northfleet online conveyancing estimates. Can I be confident that all the Northfleet firms that are identified on your website are on the bank conveyancing panel?
The solicitor and licensed conveyancing practices listed on our site have assured us via an online form that they are on the bank panel and agreed to advise us to take down their listing in the event of removal off of the mortgage company panel. To date we have not been informed by either a mortgage company or a member of the public that the data about a specific Northfleet firm being on the lender conveyancing panel is not accurate.