Do the Building Society Association intend to launch a searchable register to list law firms on the Darlington Building Society conveyancing panel for instance in Ripley?
We have not been informed any plans on the part of the BSA to promote such a search facility.
It has been 3 months following my purchase conveyancing in Ripley took place. I have checked the Land Registry site which shows that I paid £175,000 when infact I paid £180,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the premises from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
I have been on the look out for a ground for flat up to £235,500 and identified one round the corner in Ripley I like with open areas and station in the vicinity, the downside is that it only has 51 remaining years left on the lease. I can't really find anything else in Ripley for this price, so just wondered if I would be making a grave error acquiring a short lease?
If you require a home loan the shortness of the lease will be an issue. Reduce the price by the anticipated lease extension will cost if it has not already been discounted. If the current proprietor has owned the premises for a minimum of twenty four months you may request that they start the process of the extension and then assign it to you. An additional ninety years can be extended on to the existing lease and have £0 ground rent by law. You should consult your conveyancing lawyer concerning this matter.
Is it possible to transfer to a new solicitor as I need to select a firm on the Skipton Building Society conveyancing panel. I hired a high street conveyancing solicitor in Ripley round the corner but she is not approved by Skipton Building Society
We will our best to assist in finding you a conveyancing solicitor in Ripley on the Skipton Building Society panel. Please note that the law firms that we list do not pay us fee if you instruct them and are under regulation of the SRA who regulate all conveyancing solicitors in Ripley. In utilising search facility on this site, you can contrast fees for conveyancing solicitors in Ripley and beyond.
I have been sourcing a conveyancing practitioner in Ripley for my purchase. Is there any facility to review a solicitor's record with the legal regulator?
You may see published Solicitor Regulator Association (SRA) determinations resulting from investigations from 2008 onwards. Visit Check a solicitor's record. To find records about the period before 1 January 2008, or to check a solicitors history, telephone 0870 606 2555, 08.00 - 18.00 Monday, Wednesday, Thursday, Friday and 09.30 - 18.00 Tuesday. For callers outside the UK, call +44 (0)121 329 6800. The regulator could recorded call for training requirements.
I want to sublet my leasehold apartment in Ripley. Conveyancing solicitor who did the purchase is retired - so can't ask her. Do I need to ask my freeholder for permission?
The lease dictates relations between the landlord and you the flat owner; in particular, it will say if subletting is not allowed, or permitted but only subject to certain conditions. The accepted inference is that if the lease contains no expres ban or restriction, subletting is permitted. The majority of leases in Ripley do not prevent subletting altogether – such a provision would undoubtedly devalue the property. In most cases there is a basic requirement that the owner notifies the freeholder, possibly sending a duplicate of the tenancy agreement.
I purchased a leasehold flat in Ripley, conveyancing formalities finalised January 2007. How much will my lease extension cost? Equivalent flats in Ripley with an extended lease are worth £190,000. The ground rent is £65 levied per year. The lease terminates on 21st October 2086
You have 61 years unexpired we estimate the premium for your lease extension to span between £19,000 and £22,000 as well as legals.
The suggested premium range that we have given is a general guide to costs for renewing a lease, but we are not able to supply the actual costs in the absence of comprehensive investigations. Do not use this information in tribunal or court proceedings. There are no doubt other issues that need to be considered and clearly you should be as accurate as possible in your negotiations. Neither should you take any other action placing reliance on this information before getting professional advice.