I have given 8 weeks notice to my existing landlord and have to vacate my let out flat in Stockwood by the end of next month. Conveyancing on my purchase is progressing. Is it possible to complete in 4 weeks as don't want to have to move into temporary accommodation?
The normal practice is not to provide notice on a rental until your lawyer suggests that you should. If you have not already done so, update to your conveyancer and request that they chase the owners side, try to an acceptable time-line that all parties will look towards
is it true that all Stockwood solicitors on the Nationwide conveyancing panel are regulated by the Solicitors Regulatory Authority?
As solicitors, in order to be on the Nationwide approved list of solicitors they would need to be regulated by the SRA. Some mortgage companies do allow licenced conveyancers on their panel and in such a situation the practice would be overseen by the CLC.
We have agreed to purchase a house in Stockwood. An unusual aspect is that the roof has a solar panel. Solicitors conducting should look into this right? Will my lender UBS be concerned?
Given that you are obtaining a mortgage with UBS your lawyer must follow the conveyancing instructions contained in Part 2 of UK Finance Lenders’ Handbook for UBS. The CML Handbook contains minimum provisions for solar panel roof-space leases, and lawyers are required to report to UBS where a lease fails to satisfy these requirements. The conditions relate to the installation of panels on properties nationwide and is not limited to Stockwood.
I have paid off my mortgage with Kent Reliance. I assume I don't need a Stockwood solicitor on the Kent Reliance panel to remove the mortgage at the Land Registry. Please confirm.
If you have finished paying off your Kent Reliance mortgage, they may send you evidence showing that you have paid it off. Alternatively they may notify the Land Registry directly. The Land Registry need to see this evidence before they will remove the Kent Reliance mortgage from the register. Kent Reliance, and any evidence they send you, will determine the action you need to take. In cases where no conveyancer is acting for you and you have paid off your mortgage:
- but are not moving to another property
- where Kent Reliance has sent the Land Registry the discharge electronically, and
- Kent Reliance has instructed the Land Registry to do so
It has been 2 months following my purchase conveyancing in Stockwood concluded. I have checked the Land Registry site which shows that I paid £200,000 when infact I paid £180,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the property from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
My husband and I are a fortnight into a leasehold purchase having been referred to conveyancers by the estate agent to do our conveyancing in Stockwood. We are not happy. Can you you assist me in finding new conveyancers?
They would have to be really poor in order to consider replacing them. Has your loan offer been generated? In the event that it has you need to make them aware of the new contact details and ensure the offer are issued to the new lawyers. The conveyancer should be on the lenders panel to avoid supplemental fees and complications. So that should be your first question of the new conveyancers. Our find a solicitor tool should assist you in finding a lender approved lawyer for your conveyancing in Stockwood
Can you offer any advice when it comes to choosing a Stockwood conveyancing practice to deal with our lease extension?
When appointing a property lawyer for your lease extension (regardless if they are a Stockwood conveyancing firm) it is most important that he or she should be familiar with the legislation and specialises in this area of work. We recommend that you make enquires with several firms including non Stockwood conveyancing practices prior to instructing a firm. Where the conveyancing practice is ALEP accredited then that’s a bonus. The following questions might be useful:
-
How familiar is the firm with lease extension legislation?
Leasehold Conveyancing in Stockwood - Examples of Questions you should consider Prior to Purchasing
-
Is there a share of the freehold? For many Stockwood leaseholds the outlay for major works tend not to be built into the service charges, although a few managing agents in Stockwood require leasehold owners to pay into a reserve fund created for the specific intention of establishing a fund for larger works. It would be wise to find out if there is anything that is prohibited in the lease. For example plenty of leases prohibit pets being allowed in certain buildings in Stockwood. If you like the propertyin Stockwood however your cat can’t make the move with you then you have a very difficult compromise.
Are you able to shed any light on the variety of conveyancing supplied by Stockwood conveyancing companies?
Most Stockwood conveyancing organisations will offer various legal advice to residential and rural land owners, sellers, investors, freeholders and tenants including the following:
-
Home sale conveyancing in Stockwood and throughout the rest of the country
Private residential purchase conveyancing in Stockwood and beyond
Residential conveyancing using Islamic Mortgages Transferring equity to add or remove owners Assisted buying schemes - Help to Buy conveyancing Drafting bespoke leases for individuals needs