Am I correct in assuming that the fact that my solicitor in Staindrop is not listed on my lender's conveyancing panel that there is a problem with the quality of his work?
That would most likely be a wrong assumption to make. There are all sorts of perfectly plausible explanations. A recent report by the solicitors regulator indicated that over three quarters of law firms surveyed had been removed from at least one lender panel. The most common reasons for removal are: (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. Should you be concerned you should contact the Staindrop conveyancing practice and ask them why they are no longer on the approved list for your lender.
My husband and I are only a couple days away from an exchange on a house in Staindrop and my mum and dad have transferred the 10% deposit to my conveyancer. I am now advised that as the deposit has been received from someone other than me my property lawyer needs to make a notification to my mortgage company. Apparently, in also acting for the lender he must inform them that the balance of the purchase price is not just from me. I disclosed to the bank about my parents' contribution when I applied for the home loan, so is it really appropriate for this now to be an issue?
Your conveyancing practitioner is obliged to check with the bank to ensure that they understand that the balance of the purchase price is not from your own resources. Your solicitor can only reveal this to your lender if you permit them to, failing which, your lawyer must cease to continue acting.
About to purchase a new build flat in Staindrop. Conveyancing is a frightening process at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build legal work.
Set out below is a sample of a few leasehold new build questions that you should expect your new-build leasehold conveyancing in Staindrop
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Please provide evidence that the form of Lease proposed has been approved by the Land Registry. Forfeiture - bankruptcy or liquidation must not apply under this provision. Please supply a car parking plan. If there are lifts in the building, please confirm that the owners of flats on the ground and basement floors will not be required to contribute towards the cost of maintenance and renewal. Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents.
How does the Landlord & Tenant Act 1954 affect my commercial premises in Staindrop and how can your lawyers assist?
The particular law that you refer to provides protection to commercial leaseholders, granting the dueness to apply to court for a renewal tenancy and remain in occupation at the end of an expired lease. There are limited 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 Staindrop
I need to appoint a conveyancing solicitor for my conveyancing in Staindrop. I've chance upon a site which looks to be the perfect answer If it is possible to get all formalities completed via web that would be preferable. Do I need to be wary? What should out be looking out for?
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?
What can I do to determine who is the owner of a property in Staindrop?
On the basis that the property is registered with HM Land Registry, and you have requisite specifics of the location of the property, you will be able to see results from the the Land Registry of the recorded owner for a for less than a fiver.