Am I correct in assuming that the fact that my solicitor in Oakleigh Park is not on my bank's conveyancing panel that there is a problem with the standard of his conveyancing?
It would be unwise to jump to that conclusion. There are all sorts of perfectly plausible explanations. Just recently a report by the solicitors regulator indicated 76% of law firms surveyed had been removed from at least one lender panel. The top 5 reasons are as follows: (1) lack of transactions (2) the solicitor is a sole practitioner (3) as part of the HSBC panel reduction (4) regulatory contact by SRA (5) accidental removal. Where you are concerned you should contact the Oakleigh Park conveyancing practice and ask them why they are no longer on the approved list for your bank.
The owners have rather pushy sellers who has insisted on a preliminary agreement with a payment of 5k. Are such agreements sensible?
Exclusivity contracts are contracts binding a property owner and purchaser giving the buyer a ‘clear field’ to purchase the premises for a certain period of time. For all intents and purposes, a lock out agreement is a contract specifying that you will receive a contract at a later time which is the contract for the actual sale. It tends to be used for buyer confidence though in many situations, the proprietor may enjoy an upside from such agreements as well. There are various pros and cons to using them but you need to check with your conveyancer but beware that it may end up costing you more in conveyancing fees. In light of these reasons these agreements are rare in relation to conveyancing in Oakleigh Park.
Having invested time reviewing mumsnet.com for a cheap lawyer in Oakleigh Park, many advise that I must instruct a CQS kitemarked lawyer. Can you explain what CQS is?
The Conveyancing Quality Scheme (CQS) provides a recognised quality standard for residential conveyancing practices issued by the Law Society. Membership achievement establishes a level of credibility for member firms with stakeholders (regulators, lenders, insurers and consumers) based upon: * the integrity of the senior responsible officer and other key conveyancing staff * the firm's adherence to good practice management standards * adherence to prudent and efficient conveyancing processes via the scheme protocol Membership covers many firms who perform conveyancing in Oakleigh Park.
I have recentlyfound out that Wolstenholmes have closed. They conducted my conveyancing in Oakleigh Park for a purchase of a leasehold flat 18 months ago. How can I be sure that the property is not still registered in the name of the previous owner?
The quickest method to see if the premises is in your name, you can make a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Oakleigh Park conveyancing specialists.
I am in need of some leasehold conveyancing in Oakleigh Park. Before I get started I want to be sure as to the unexpired term of the lease.
If the lease is registered - and 99.9% are in Oakleigh Park - then the leasehold title will always include the basic details of the lease, namely the date; the term; and the original parties. From a conveyancing perspective such details then enable any prospective buyer and lender to confirm that any lease they are looking at is the one relevant to that title. For any other purpose, such as confirming how long the term was granted for and calculating what is left, then the register should be sufficient on it's own.
Having spent years of correspondence we simply can't agree with our landlord on how much the lease extension should cost for our flat in Oakleigh Park. Does the Leasehold Valuation Tribunal have jurisdiction to calculate the appropriate figures?
Absolutely. We are happy to put you in touch with a Oakleigh Park conveyancing firm who can help.
An example of a Lease Extension case for a Oakleigh Park premises is Flat 2 2 Netherfield Road in April 2010. The Tribunale held that premium payable for a 90 year extension to the existing Lease should be £7,705. This case was in relation to 1 flat. The unexpired residue of the current lease was 76 years.
I am planning to acquire a property and need a conveyancing solicitor in Oakleigh Park who is on the mortgage company conveyancing panel. Could you point me in the right direction as regards a firm?
Our service is limited to being a directory service for firms who wish to listed as being on the approved conveyancing panel for the mortgage company who conduct conveyancing in Oakleigh Park. We dont recommend any particular solicitor.