I can't travel far from Stanley. Is there a reason why all Stanley lawyers aren't included on all bank panels?
Banks highlight the fact that solicitor-led fraud is thought to be responsible for millions of pounds of fraud annually.The dismissal of law firms from lender panels started with the rise in mortgage fraud, which prompted a thematic review by the Financial Services Authority in 2011. Its outcome included recommendations for lending institutions to review their conveyancing panels, which kicked off a major policy change in the sector. This resulted in banks and building societies purging a number of firms off their official list of approved property lawyers .
Finally the sale completed on my house in Stanley last February yet the purchaser is calling every few hours to moan that his lawyer is waiting to hear from mysolicitor. What should have happened following completion?
After completion of your disposal your conveyancer is obliged to send the transfer deeds and all additional paperwork to the purchaser's conveyancer. Where relevant, your solicitor should also confirm that the legal charge in favour of the lender has been discharged to the buyers conveyancers. There is unlikely to be post completion formalities peculiar conveyancing in Stanley.
Are there restrictive covenants that are commonly picked up during conveyancing in Stanley?
Covenants that are restrictive in nature can be picked up when reviewing land registry title as part of the process of conveyancing in Stanley. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
In what way does the Landlord & Tenant Act 1954 affect my commercial offices in Stanley and how can you help?
The 1954 Act gives security of tenure to business leaseholders, giving them the dueness to make a request to court for a renewal tenancy and continue in occupation when the lease comes to an end. There are limited grounds where a landlord can refuse a lease renewal and the rules are involved. Fees are different for commercial conveyancing. Stanley is one of our numerous areas of the UK in which the firms we work with are located
As co-executor for the estate of my father I am selling a house in Newport but live in Stanley. My lawyer (based 235 miles from merequires that I execute a statutory declaration before the transaction finalising. Can you recommend a conveyancing solicitor in Stanley who can witness and place their company stamp on the document?
Technically speaking you are not likely to need to have the documents witnessed by a conveyancing solicitor. Ordinarily any notary public or qualified solicitor will be fine regardless of whether they are based in Stanley
I own a leasehold flat in Stanley. Conveyancing and Platform Home Loans Ltd mortgage are in place. I have received a letter from someone claiming to own the reversionary interest in the property. Attached was a demand for arrears of ground rent dating back to 1993. The conveyancing practitioner in Stanley who previously acted has long since retired. What should I do?
First contact the Land Registry to make sure that this person is indeed the new freeholder. You do not need to incur the fees of a Stanley conveyancing firm to do this as it can be done on-line for a few pound. You should note that in any event, even if this is the legitimate landlord, under the Limitation Act 1980 the limitation period for recovery of ground rent is six years.
Stanley Leasehold Conveyancing - A selection of Questions you should consider Prior to buying
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This question is helpful as a) areas may cause problems for the building as the common areas may begin to deteriorate if repairs remain unpaid b) if the leasehold owners have an issue with the running of the building you will need to have complete disclosure It is important to be aware if redecorating or some other significant cost is anticipated that will be shared by the leasehold owners and could well dramatically impact the level of the maintenance fees or result in a one time invoice. What restrictions exist in the Stanley Lease?