My lawyer in Southall is not listed on the Godiva Mortgages Ltd Solicitor Panel. Can I still use my family solicitor even though they are excluded from the Godiva Mortgages Ltd panel of approved conveyancing solicitors?
Your options are as follows:
- Carry on with your existing Southall lawyers but Godiva Mortgages Ltd will need to use a solicitor on their list of acceptable firms. This will result in additional total legal fees as well as cause frustration.
- Find a new practitioner to act in the conveyancing, not forgetting to check they are Godiva Mortgages Ltd approved.
- Try to convince your Godiva Mortgages Ltd solicitor to try to join the Godiva Mortgages Ltd panel
What is the difference between a licensed conveyancer and conveyancing solicitor in Southall
There are two types of lawyers who can execute conveyancing in Southall namely licenced conveyancers or solicitors. Both professionals handle conveyancing services that you need to complete the sale or acquisition of property. Both are required to carry out Southall conveyancing to the same standards and guidelines so you may be safe in the knowledge that your conveyancing will be professionally carried out and that the necessary steps will be appropriately taken.
I was told two weeks ago that my mortgage has been agreed to by Kent Reliance. Is it usual for Kent Reliance to only issue the offer once my solicitor in Southall is approved on their conveyancing panel? Kent Reliance have asked my solicitor to see a copy of their Professional Indemnity Insurance Schedule.
A lender would not issue an offer until they have details of a lawyer on their panel. It can take a few weeks for Kent Reliance to deal with your lawyer's application to be on the Kent Reliance conveyancing panel. There's no guarantee that your solicitor will be accepted.
Clydesdale have agreed my home loan in principle, my bid on a property in Southall has been agreed to, what are the next steps?
The property agent will want to know who your solicitors are (ensure that the property lawyers are on the bank’s panel). Contact Clydesdale or your broker and finish off any outstanding forms. Clydesdale will sellect a valuer who will get in touch with the estate agent or seller to arrange an appointment. Once conducted (assuming no problems) it takes approximately ten days for the mortgage offer to be issued. Clydesdale will send the offer to you and your conveyancers. The legal work will then take it’s course according the nature and complexity of the conveyancing in Southall.
My wife and I own a renovated Edwardian property in Southall. Conveyancing lawyer acted for me and National Westminster Bank. I happened to do a free search for it on the Land Registry database and there are two entries: one for freehold, the second leasehold under the exact same property. If a house is not a freehold shouldn't I have been informed?
You need to read the Freehold register you have again and check the Charges Register for mention of a lease. The best way to be sure that you are also the registered proprietor of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Southall and other areas of the country and poses no real issues for owners other than when they remortgage they have to account for both freehold and leasehold interests when dealing with buyers. You can also check the position with the conveyancing lawyer who conducted the purchase.
I am buying my first flat in Southall with a loan from Leeds Building Society. The developers refused to move on the price so I negotiated 6k of fixtures and fittings instead. The house builders rep told me not reveal to my conveyancer about this extras as it would affect my mortgage with the lender. Should I keep quiet?.
All lenders require a Disclosure of Incentives Form from the builder of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.
Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.
Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.
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
My wife and I purchased a leasehold house in Southall. Conveyancing and Barnsley Building Society mortgage organised. I have received a letter from someone claiming to own the reversionary interest in the property. It included a ground rent demand for rent dating back to 1993. The conveyancing practitioner in Southall who acted for me is not around. Do I pay?
The first thing you should do is make enquiries of the Land Registry to make sure that this person is in fact the registered owner of the freehold reversion. There is no need to instruct a Southall conveyancing practitioner to do this as it can be done on-line for less than a fiver. Rest assured that in any event, even if this is the rightful landlord, under the Limitation Act 1980 no more than 6 years of rent can be collected.
I am the registered owner of a ground-floor 1950’s flat in Southall. In the absence of agreement between myself and the freeholder, can the Leasehold valuation Tribunal make a decision on the amount due for the purchase of the freehold?
if there is a absentee freeholder or if there is dispute about what the lease extension should cost, under the relevant statutes it is possible to make an application to the LVT to arrive at the price.
An example of a Lease Extension case for a Southall premises is 33 Barbican Road in January 2013. The Tribunals calculation of the lease extension premium payable was £17,592. This case was in relation to 1 flat. The unexpired residue of the current lease was 55.12 years.