I plan on acquiring a maisonette in Parson Cross. My property lawyer has never been on on the bank solicitor list. Is it possible for me to appoint my Parson Cross conveyancing solicitor notwithstanding that they are not on the mortgage company approved list?
You have a number of choices available to you here
- Proceed with your existing Parson Cross conveyancing practitioner but your mortgage company will undoubtedly use a property lawyer on their approved list. The net result is additional fees and likely frustration.
- Appoint a fresh conveyancing practitioner to conduct the conveyancing, ensuring that they are on the lender conveyancing panel.
- Convince your lawyer to apply to join the bank panel
Finally the sale completed on my house in Parson Cross last January yet the purchaser is texting me to say his conveyancer needs to hear from mine. What are the post completion sale legalities following completion?
After completion of your sale your solicitor is obliged to deliver the transfer deeds and all additional paperwork to the purchaser's conveyancer. Depending on the transaction, your conveyancer should also send confirmation that the legal charge in favour of the lender has been discharged to the purchasers conveyancers. There are no post completion tasks specific conveyancing in Parson Cross.
Various online forums that I have visited warn that are the primary cause of hinderance in Parson Cross house deals. Is that correct?
The Council of Property Search Organisations (CoPSO) has noted the findings of a review by MoveWithUs that conveyancing searches do not figure amongst the most frequent causes of delays during the legal transfer of property. Local searches are not likely to feature in any slowing down conveyancing in Parson Cross.
I purchased a 4 bedroom Georgian property in Parson Cross. Conveyancing lawyer represented me and Bank of Scotland. I happened to do a free search for it on the Land Registry database and there are a couple of entries: the first freehold, the second leasehold under the exact same property. I'd like to know for sure, how can I find out??
You need to review 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 owner of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Parson Cross and other locations in the country and poses no real issues for owners other than when they remortgage they have to account for both freehold and leasehold interests when dealing with mortgage companies. You can also enquire as to the position with the conveyancing practitioner who completed the work.
I need to instruct a conveyancing solicitor in Parson Cross for my home move. Is there any facility to review a firm’s record with the profession’s regulator?
One can see presented Solicitor Regulator Association (SRA) decisions resulting from inquisitions commenced on or after Jan 2008. Visit Check a solicitor's record. To find details about the period before 1 January 2008, or to check a firm's record, telephone 0870 606 2555, 08.00 - 18.00 Monday, Wednesday, Thursday, Friday and 09.30 - 18.00 Tuesday. For non-uk callers, call +44 (0)121 329 6800. The SRA may monitor telephone calls for training purposes.
Having had my offer accepted I require leasehold conveyancing in Parson Cross. Before diving in I want to be sure as to the remaining lease term.
Assuming the lease is recorded at the land registry - and 99.9% are in Parson Cross - 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.
I invested in buying a split level flat in Parson Cross, conveyancing formalities finalised in 2010. Can you shed any light on how much the price could be for a 90 year extension to my lease? Comparable properties in Parson Cross with over 90 years remaining are worth £211,000. The average or mid-range amount of ground rent is £50 charged once a year. The lease ends on 21st October 2094
You have 68 years remaining on your lease we estimate the premium for your lease extension to span between £9,500 and £11,000 plus costs.
The figure that we have given is a general guide to costs for renewing a lease, but we cannot give you the actual costs in the absence of comprehensive due diligence. You should not use the figures in tribunal or court proceedings. There may be other issues that need to be taken into account and clearly you want to be as accurate as possible in your negotiations. You should not take any other action based on this information without first getting professional advice.