Am I correct in assuming that the fact that my solicitor in Sipson is not listed on my mortgage company's solicitor panel that there is a problem with the quality of the firm’s work?
That would most likely be a wrong assumption to make. There are all sorts of perfectly reasonable explanations. Just recently a report by the solicitors regulator indicated that over three quarters of law firms surveyed had been removed from at least one lender panel. The top 5 reasons are as follows: (1) low volume 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. If you are concerned you should contact the Sipson conveyancing practice and enquire why they are no longer on the approved list for your lender.
We were just about to sign contracts for a garden flat in Sipson. We encountered a problem. Our mortgage offer with Bank of Scotland expires on 16/3/2026 but the owners are putting forward a completion date of 18/3/2026. Is it possible to prolong the mortgage expiry date?
The person best placed to deal with your concern is your lawyer who should determine if they better off negotiating with the bank, seller’s representatives, estate agents or conceivably all three given what has happend in your conveyancing as of today.
We are due to move home in April. Should my conveyancing solicitor liaise with the removal company on the day of completion. Incidentally, can you suggest a removal company in Sipson. Conveyancing firm was organised before I stumbled across this page.
On the day of completion you can collect the keys from the selling agent however this should only take place when the vendors conveyancers advise the agent that they have the completion monies and the keys can be collected. After that you will need to tell the removal men that they can start moving you in. As a matter of policy we do not recommend a particular removal company but can assist you in choosing a residential property solicitor in Sipson or a legal practice with expertise in conveyancing in Sipson.
My husband and I have organised the release of further funds on our home loan from Skipton as we want to conduct alterations to our house in Sipson. Are we obliged to choose a high street Sipson solicitor on the Skipton conveyancing panel to deal with the paperwork?
Skipton do not ordinarily instruct firms on their approved list of lawyers to deal with such a matter. If they do require any legal work then you would need to ensure that such a lawyer was on the Skipton panel.
We have agreed to purchase a house in Sipson. A rare aspect is that the roof has a solar panel. Solicitors conducting should look into this right? Will my lender Aldermore be concerned?
Given that you are obtaining a mortgage with Aldermore your lawyer must check the conveyancing instructions contained in Section 2 of UK Finance Lenders’ Handbook for Aldermore. The CML Handbook contains minimum requirements for solar panel roof-space leases, and lawyers are required to report to Aldermore where a lease fails to meet these provisions. The specifications relate to the installation of panels on properties nationwide and is not limited to Sipson.
I've recently found out that there is a flying freehold issue on a property I put an offer in a fortnight ago in what was supposed to be a quick, chain free conveyancing. Sipson is where the house is located. What do you suggest?
Flying freeholds in Sipson are not the norm but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Sipson you must be sure that your lawyer goes through the deeds thoroughly. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Sipson may decide that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold property.
Do I need to be concerned about brokers that I am dealing with are suggesting a web based conveyancing firm rather than a High Street Sipson conveyancing firm?
As with lots of professional services, often suggestions from connections can be worth their weight in gold. But there are lots of parties with a vested interest in a conveyancing matter; estate agents, mortgage brokers and lenders might all recommend solicitors to appoint. Sometimes the conveyancers might be known to one of the organisations as being good in their field, but occasionally there might be a commercial relationship behind the endorsement. You have the right to choose your preferred lawyer. However, bear in mind that many mortgage providers operate an approved list of solicitors you must use for the mortgage aspect of your conveyancing.
I am employed by a long established estate agent office in Sipson where we have experienced a few flat sales jeopardised as a result of short leases. I have received contradictory information from local Sipson conveyancing solicitors. Please can you shed some light as to whether the owner of a flat can instigate the lease extension formalities for the buyer?
Provided that the seller has been the owner for at least 2 years it is possible, to serve a Section 42 notice to commence the lease extension process and assign the benefit of the notice to the purchaser. This means that the buyer need not have to wait 2 years for a lease extension. Both sets of lawyers will agree to form of assignment. The assignment needs to be completed prior to, or at the same time as completion of the disposal of the property.
An alternative approach is to agree the lease extension with the freeholder either before or after the sale. If you are informally negotiating there are no rules and so you cannot insist on the landlord agreeing to grant an extension or transferring the benefit of an agreement to the buyer.
My wife and I have hit a brick wall in trying to purchase the freehold in Sipson. Can the Leasehold Valuation Tribunal adjudicate on premiums?
in cases where there is a absentee landlord or where there is disagreement about what the lease extension should cost, under the relevant statutes it is possible to make an application to the First-tier Tribunal (Property Chamber) to make a decision on the sum to be paid.
An example of a Freehold Enfranchisement matter before the tribunal for a Sipson premises is 164 Nestles Avenue in October 2013. The tribunal agreed with the proposed price of £20,158 for the freehold and determined that that sum is the amount to be paid into court This case was in relation to 2 flats. The unexpired lease term was 69 years.