I am obtaining a mortgage with Halifax. My intention is to retain the legal services of a Licensed Conveyancer in Nottingham. Does the Halifax Conveyancing panel include conveyancers regulated by the CLC?
The Halifax approved solicitor list is, like many other lenders, represented by the Council or Mortgage Lenders or Building Society Association, open to Licensed Conveyancers regulated by the CLC.
The Nottingham conveyancing lawyers that just started acting on my purchase in Nottingham have suddenly shut down. I chose them because I had to have a firm on the Kent Reliance conveyancing panel and my family Nottingham lawyer was not. I cut them a cheque for two hundred pounds in advance. What should be my next steps?
Assuming that you have an Estate Agent in the equation then inform them straight away so that they advise the vendors that there may be a slight delay due to the problems encountered. Most sellers would be sympathetic and urge their lawyer to send a new set of papers to your new solicitors. You will need to appoint new lawyers that are on the Kent Reliance conveyancing panel and notify the lender. If you have paid over any money, it will hopefully be held by the SRA as money in an intervened firm's bank accounts is transferred to the SRA. Then, the SRA or the intervention agent looks at the intervened firm's accounts to work out who the money belongs to. To claim your money you will need to contact the SRA. If the SRA cannot return money you are owed from the firm's bank accounts, or if they can only return part of the money, you can apply to the Compensation Fund for a grant. Your new lawyers may be able to assist.
I require fast conveyancing in Nottingham as I have pressure to complete inside 4 weeks. Thankfully I do not need a mortgage. Can I avoid the conveyancing searches to save money and time?
As you are are a cash buyer you are at free not to do searches although no law firm would advise that you don't. Drawing on years of experience of conveyancing in Nottingham the following are examples of issues that can arise and adversely affect future mortgageability: Enforcement Actions, Outstanding Fees, Overdue Grants, Road Schemes,...
The estate agent has sent us the confirmation of our purchase of a new build flat in Nottingham. Conveyancing is daunting 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 are examples of a selection of leasehold new build questions that you should expect your new-build leasehold conveyancing in Nottingham
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If there are lifts in the building, please confirm that the owners of flats on the ground and basement floors will not be required to contribute towards the cost of maintenance and renewal. Please provide evidence that the form of Lease proposed has been approved by the Land Registry. 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. Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? The Vendor must covenant to keep unoccupied units in good repair until long leases are granted therefore.
I decided to have a survey completed on a house in Nottingham prior to retaining solicitors. I have been advised that there is a flying freehold aspect to the house. The surveyor has said that some lenders may refuse to give a mortgage on this type of house.
It varies from the lender to lender. Lloyds has different instructions for example to Birmingham Midshires. If you e-mail us we can look into this further with the appropriate mortgage company. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Nottingham. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Nottingham to see if the conveyancing costs will increase in light of this.
I have recently realised that I have Sixty One years left on my lease in Nottingham. I am keen to extend my lease but my landlord is can not be found. What are my options?
If 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 lengthened by the Court. However, you will be required to demonstrate that you have done all that could be expected to track down the lessor. On the whole a specialist would be useful to carry out a search and prepare a report to be accepted by the court as evidence that the landlord is indeed missing. It is wise to seek advice from a property lawyer in relation to proving the landlord’s disappearance and the application to the County Court overseeing Nottingham.
Nottingham Conveyancing for Leasehold Flats - A selection of Queries before Purchasing
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If a Nottingham lease has fewer than eighty years it will have adverse implications on the value of the property. Check with your lender that they are willing to to proceed given the lease term. Leases with fewer than 80 years remaining means that you will almost definitely have to extend the lease sooner rather than later and it is worth discovering how much this would cost. For most Nottinghamlease extensions you would be be obliged to have been the owner of the property for 24 months in order to be legally able to extend the lease. The answer will be important as a) areas could cause problems for the building as the communal areas may start to deteriorate where maintenance remain unpaid b) if the tenants have an issue with the running of the building you will wish to have all the details