Are the BSA planning on creating a searchable register to list solicitors on the Coventry BS conveyancing panel for instance in Norwood Green?
Lexsure has not been advised of any plans on the part of the BSA to develop such a search facility.
When it comes to mortgage companies such as Coventry BS, do Norwood Green solicitors have to pay an annual charge to be on the conveyancing panel?
We are not aware of any bank fees to register on their list of approved firms, although some do charge an administration fee to deal with the processing of the conveyancing panel submission.
How can we tell if a Norwood Green conveyancing solicitor on the RBS panel is any good?
When it comes to conveyancing in Norwood Green getting recommendations is a sensible starting point. Before you go ahead, check if they offer a no sale no fee offer. Also, you often get what you pay for - a firm which quotes more, will often provide a better service than one which is cheap as chips. We would always advocate that you speak with the lawyer carrying out your transaction.
I currently have a mortgage with Aldermore for my property in Norwood Green. Conveyancing has been completed 12 months ago. Should I wish to rent out my property and do not currently have a buy-to-let mortgage do I need to remortgage to a buy-to-let mortgage or inform Aldermore?
You must advise Aldermore prior to letting out your property as this is likely to be a breach of Aldermore’s mortgage conditions. In many cases banks or building societies will permit you to let out your former home without needing to switch to a buy-to-let mortgage but some lenders will add a surcharge to your mortgage rate to reflect the higher risk. You should contact Aldermore directly. It should not be necessary to do this via a Aldermore conveyancing panel lawyer.
I am intent on selling our property in Norwood Green and the buyers lawyers are claiming that there is a risk of it being constructed land that was not decontaminated. A high street Norwood Green lawyer would know that there is no such problem. It does beg the question why the purchasers used a nationwide conveyancing firm rather than a conveyancing solicitor in Norwood Green. Having lived in Norwood Green for many years we know that this is a non issue. Do we get in touch with our local Authority to obtain confirmation that there is no issue.
It would appear that you have a conveyancing solicitor already. What do they say? You should check with your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out health insurance to cover that same ailment)
My wife and I have a 4 bedroom Georgian house in Norwood Green. Conveyancing practitioner represented me and Britannia. I did a free Land Registry search last week and I saw a couple of entries: the first freehold, the second leasehold with the matching property. Is it worth asking Britannia to clarify?
You need to read the Freehold register you have again and check the Charges Register for mention of a lease. The best way to be sure that you are also the registered proprietor of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Norwood Green and other areas of the country and poses no real issues for owners other than when they mortgage they have to account for both freehold and leasehold interests when dealing with purchasers. You can also check the situation with the conveyancing solicitor who conducted the purchase.
I today plan to offer on a house that appears to be perfect, at a reasonable figure which is making it more attractive. I have subsequently found out that the title is leasehold as opposed to freehold. I am assuming that there are issues purchasing a house with a leasehold title in Norwood Green. Conveyancing advisers have are about to be appointed. Will my lawyers set out the implications of buying a leasehold house in Norwood Green ?
Most houses in Norwood Green are freehold rather than leasehold. This is one of the situations where having a local conveyancer who is familiar with the area who can help the conveyancing process. it is apparent that you are purchasing in Norwood Green in which case you should be shopping around for a Norwood Green conveyancing solicitor and check that they have experience in transacting on leasehold houses. As a matter of priority you will need to check the number of years remaining. Being a tenant you will not be entirely free to do whatever you want with the house. The lease comes with conditions such as requiring the freeholder’spermission to carry out alterations. You may also be required to pay a contribution towards the maintenance of the communal areas where the property is part of an estate. Your conveyancer will advise you fully on all the issues.
Following years of dialogue we are unable to agree with our landlord on how much the lease extension should cost for our flat in Norwood Green. Can we issue an application to the Residential Property Tribunal Service?
in cases where there is a missing landlord or if there is dispute about the premium for a lease extension, under the Leasehold Reform, Housing and Urban Development Act 1993 you can apply to the First-tier Tribunal (Property Chamber) to arrive at the amount due.
An example of a Freehold Enfranchisement decision for a Norwood Green property is 6 Jessamine Road in August 2013. The Tribunals valuation (as annexed to the decision) calculated the amount payable as £18,355 for the freehold reversion This case affected 2 flats. The unexpired term was 72.39 years.
My husband and I have had DIP from Yorkshire Building Society who indicated that they will loan up to £218k. At what point do I need to appoint a lawyer for conveyancing? Norwood Green is where we are buying.
You can instruct a conveyancing practitioner now requesting that they create a file on your behalf. This will enable: 1) the selling agent to send out the Sales Memo to all parties 2) the seller’s lawyer to send out the draft agreement. That being said, do not instruct your conveyancer to order searches until you receive your valuation report from Yorkshire Building Society and you are happy to proceed.