My wife and I are purchasing a apartment in Pratt's Bottom. It might be a silly question but how we can trust a solicitor? On the day of competition we will need to deposit funds into their account. What protection do we have from them run away with our deposit?
Be assured that all money in a Solicitors client account is 100% safe, and even if your Solicitor ran off with it, the Law Society would reimburse you fully.
I'm the single recipient of my late mum's will and I have everything in my name now, including the house in Pratt's Bottom. Conveyancing formalities meant that the Land Registry date was in July. I now wish to sell up. I understand that there is a CML 6 month 'rule', which means that my proprietorship will be treated the same way as if I'd bought the property in July. Is the property unsalable for six months?
The Council of Mortgage Lenders’ handbook mandates solicitors to: "report to us immediately if the owner or registered proprietor has been registered for less than six months." By the strict wording you might be affected by that. How practical a view lenders take of it, depend on the mortgage company as this provision principally exists to capture the purchase and immediately sell or the wholesaling and assigning of properties.
I am buying a property in Pratt's Bottom. An unusual aspect is that the roof has a solar panel. Virgin Money have issued a mortgage offer so presumably this is not a concern to them. Why is my solicitor raising questions about the panel?
As you are obtaining a mortgage with Virgin Money your lawyer must comply with the conveyancing requirements set out in Section two of UK Finance Lenders’ Handbook for Virgin Money. The Council of Mortgage Lenders’ Handbook sets out minimum requirements for solar panel roof-space leases, and solicitors are required to report to Virgin Money where a lease fails to satisfy these requirements. The requirements relate to the installation of panels on properties nationwide and is not limited to Pratt's Bottom.
I require expedited conveyancing in Pratt's Bottom as I am faced with a deadline to sign on the dotted line inside 2 weeks. A home loan is not required. Can I escape the need for conveyancing searches to save money and time?
As you are are a cash purchaser you are at liberty not to have searches carried out although no lawyer would advise that you don't. Drawing on years of experience of conveyancing in Pratt's Bottom the following are instances of issues that can be revealed and adversely impact market value: Enforcement Actions, Outstanding Fees, Outstanding Grants, Unadopted Roads,...
The deeds to my house can not be found. The solicitors who conducted the conveyancing in Pratt's Bottom 10 years ago have long since closed. Will I be able to sell the house?
Gone are the days when you need to have the physical official documentation to evidence that you are the owner of your registered land or premises, given that the Land Registry hold details of all registered land or property electronically.
I am downsizing from my house. My past solicitors has retired. It would be helpful to have a recommendation of a conveyancing firm. I happen to live in Pratt's Bottom if that makes a difference.
Please use our search tool to help you find a solicitor for your conveyancing in Pratt's Bottom. We have connected thousands of home buyers and sellers with regulated solicitors to ensure that the legalities of their house move goes with a minimum of fuss.
If all goes to plan we aim to complete the sale of our £400,000 garden flat in Pratt's Bottom next week. The managing agents has quoted £312 for Landlord’s certificate, insurance certificate and previous years statements of service charge. Is the landlord entitled to charge such fees for a leasehold conveyance in Pratt's Bottom?
For most leasehold sales in Pratt's Bottom conveyancing will involve, questions about the management of a building inevitably needing to be answered directly by the freeholder or its agent, this includes :
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Addressing conveyancing due diligence enquiries
Where consent is required before sale in Pratt's Bottom
Supplying insurance information
Deeds of covenant upon sale
Registering of the assignment of the change of lessee after a sale
My wife and I have hit a brick wall in negotiating a lease extension in Pratt's Bottom. Can this matter be resolved via the Leasehold Valuation Tribunal?
Most certainly. We can put you in touch with a Pratt's Bottom conveyancing firm who can help.
An example of a Lease Extension case for a Pratt's Bottom residence is 1 Southlands Court Southlands Road in September 2013. The Leasehold Valuation Tribunal determined that the premium to be paid by the tenant on the grant of a new lease, in accordance with section 56 and Schedule 13 of the Leasehold Reform, Housing and Urban Development Act 1993 was £30,541 This case affected 1 flat. The unexpired lease term was 50.57 years.
We have chosen a Pratt's Bottom conveyancing solicitor for our home move (first time buyers) and have spotted in the terms and conditions that they are not overseen by the Financial Conduct Authority. Am I right to be concerned or is that standard with property lawyer?
We can't see why they should be. Most lawyer don't lend money. You should check that they are governed by the SRA, who set stringent laws covering amounts sitting in their bank.