Our lawyer has uncovered a defect with the lease for the flat we are buying in South Woodham Ferrers. The seller’s lawyers have put forward defective title insurance as a solution. We are content with insurance and will pay for it. Our conveyancing practitioner has advised that he must check that the mortgage company is happy with this solution. Who is the client here, us or the lender?
The short answer to your last question is that, notwithstanding the potential for a conflict of interest, you and the bank are the client. Your lawyer must comply with the UK Finance Lenders’ Handbook specifications. The UK Finance Lenders’ Handbook conditions require your lawyer to disclose issues such as defects with the lease so that the lender can be afforded the opportunity to check with their valuer as to the extent that the value of the property is affected. Should you refuse to allow your lawyer to make the appropriate notification then your conveyancing practitioner will have no choice but to discontinue acting for you.
We are purchasing a flat and require a conveyancing solicitor in South Woodham Ferrers who is on the Co-operative conveyancing panel. Could you point me in the right direction as regards a conveyancing firm?
Our service is limited to being a directory service for firms who wish to be listed as being on the approved conveyancing panel for Co-operative . We don't recommend any particular firms conducting conveyancing in South Woodham Ferrers.
My friend recommended that where I am purchasing in South Woodham Ferrers I should carry out a Neighbourhood, Planning and Local Amenity Search. What does it cover?
A search of this type is usually quoted for as part of the standard South Woodham Ferrers conveyancing searches. It is a large report of about 40 pages, listing and detailing significant information about South Woodham Ferrers around the property and the people living there. It incorporates an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the South Woodham Ferrers Housing Market, Council Tax Banding, the type of People living in the area, the dominant type of Housing, the Average House Prices, Crime statistics, South Woodham Ferrers Education with plans and statistics, Local Amenities and other useful information regarding South Woodham Ferrers.
In what way does the Landlord & Tenant Act 1954 affect my business offices in South Woodham Ferrers and how can your lawyers assist?
The particular law that you refer to affords security of tenure to commercial lessees, giving them the legal entitlement to apply to court for a renewal tenancy and continue in occupation when the lease comes to an end. There are certain specified grounds where a landlord can refrain from granting a lease renewal and the rules are complex. We are happy to direct you to commercial conveyancing solicitors who use the act for protection and help with commercial conveyancing in South Woodham Ferrers
I need to retain a conveyancing solicitor for sale conveyancing in South Woodham Ferrers. I happened to stumble upon a site which appears to be the perfect answer If it is possible to get all formalities completed via email that would be ideal. Do I need to be wary? What are the potential pitfalls?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?
I have just started marketing my ground floor apartment in South Woodham Ferrers. Conveyancing solicitors are to be appointed soon, however I have recently received a quarterly maintenance charge demand – should I leave it to the buyer to sort out?
The sensible thing to do is pay the maintenance contribution as you normally would as all rents and service invoices should be apportioned on completion, so you should recover the relevant percentage by the buyer for the period running from after the completion date to the subsequent invoice date. Most managing agents will not acknowledge the buyer until the service charges have been paid and are up to date, so it is important for both buyer and seller for the seller to show that they are up to date. This will smooth the conveyancing process.
Leasehold Conveyancing in South Woodham Ferrers - Examples of Queries before Purchasing
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Are any of leasehold owners in dispute over their service charge liability? Are there any major works in the planning that could increase the maintenance charges?