My husband and I are looking to purchase a house in Southall and are in fact using a Southall conveyancing firm. Within the past 48 hours our conveyancer has forwarded the sale agreement to be signed with a detailed report in anticipation of exchanging contracts shortly. Skipton Building Society have this evening contacted us to advise us that they have now hit a problem as our Southall lawyer is not on their conveyancing panel. Please explain?
If you are buying a property with the assistance of a mortgage it is usual for the purchasers' solicitors to also act for the purchaser's lender. In order to act for a bank or building society a law firm has to be on that lender's conveyancing panel. An application has to be made by the law firm to the lender to become a member of the lender's panel and there are increasingly strict criteria which the firm has to satisfy and indeed some lenders now require their panel members to be part of the Law Society’s Conveyancing Quality Scheme. Your solicitor should contact your lender and see if they can apply for membership of their conveyancing panel, but if that is not viable they will instruct their own lawyers to represent them. You don't have to instruct a firm on the bank's conveyancing panel as you are at liberty to use your preferred Southall lawyers, in which case it will likely add costs, and it will likely delay the transaction as you are adding another lawyer into the mix.
My wife and I have lately purchased a house in Southall. We have noticed several problems with the house which we suspect were overlooked in the conveyancing searches. Is there anything we can do? What searches should? have been carried out for conveyancing in Southall?
It is not clear from the question as to the nature of the problems and if they are relate to conveyancing in Southall. Conveyancing searches and due diligence undertaken as part of the buying process are supposed to help avoid problems. As part of the legal transfer of property, a seller answers a questionnaire called a Seller’s Property Information Form. answers turns out to be misleading, you may have a misrepresentation claim against the owner for any losses that you have suffered. The survey should have identified any problems with the structure of the property. Assuming a detailed survey was carried out and the issues were not identified, you may have a claim against the surveyor. However, if you did not have a full survey, you may be responsible for fixing any defects that have now been noted. We would always encourage buyers to take every possible step to ensure they are completely aware of the condition of a property before purchase regardless of whether they are buying in Southall.
Are the BSA planning on creating a searchable register to to identify solicitors on the Loughborough BS conveyancing panel for instance in Southall?
Lexsure has not been advised of any intention on the part of the BSA to develop such a tool.
Do I need to pay for insurance to address the risk of chancel repairs when purchasing a property in Southall?
Unless a prior acquisition of the house completed post 12 October 2013 you can assume that conveyancing practitioners handling conveyancing in Southall to continue to propose a a chancel search and or chancel repair liability insurance.
Hoping to buy a property located in Southall and I am already nervous. I couldn't find anything specific about Southall. Conveyancing will be needed in due course but do you know about the Southall area? or perhaps some other tips you can share?
Rather than looking online forget looking online you should go and have a look at Southall. In the meantime here are some basic statistics that we found
I have recently realised that I have 68 years left on my flat in Southall. I am keen to get lease extension but my freeholder is missing. What should I do?
If you meet the appropriate requirements, under the Leasehold Reform, Housing and Urban Development Act 1993 you can apply to the County Court for for permission to dispense with the service of the initial notice. This will mean that your lease can be lengthened by the magistrate. However, you will be required to prove that you have used your best endeavours to find the lessor. In some cases a specialist would be helpful to try and locate and prepare an expert document which can be used as proof that the landlord is indeed missing. It is advisable to get professional help from a solicitor both on investigating the landlord’s disappearance and the application to the County Court overseeing Southall.
Having spent months of correspondence we cannot agree with our landlord on how much the lease extension should cost for our flat in Southall. Does the Leasehold Valuation Tribunal have jurisdiction to calculate the appropriate figures?
Most certainly. We can put you in touch with a Southall conveyancing firm who can help.
An example of a Lease Extension case for a Southall property is 33 Barbican Road in January 2013. The Tribunals calculation of the lease extension premium payable was £17,592. This case affected 1 flat. The number of years remaining on the existing lease(s) was 55.12 years.