Can you clarify what the consequences are if my solicitor is suspended from the TSB Conveyancing panel ahead of completing my conveyancing in Thatcham?
The first thing to point out is that, this is very unlikely to happen. In most cases even where a law firm is removed off of a panel the lender would allow the completion to go ahead as the lender would appreciate the difficulties that they would place you in if you have to instruct a new solicitor days before completion. In a worst case scenario where the lender insists that you instruct a new firm then it is possible for a very good lawyer to expedite the conveyancing albeit that you may pay a significant premium for this. The analogous situation is where a buyer instructs a lawyer, exchanges contracts and the law firm is shut down by a regulator such as the SRA. Again, in this situation you can find lawyers who can troubleshoot their way to bring the conveyancing to a satisfactory conclusion - albeit for a fee.
I purchased a 4 bedroom Victorian house in Thatcham. Conveyancing practitioner represented me and Norwich and Peterborough Building Society. I happened to do a free search for it on the Land Registry database and I saw two entries: one for freehold, the second leasehold under the exact same address. Is it worth asking Norwich and Peterborough Building Society to clarify?
You should review the Freehold register you have again and check the Charges Register as there may be 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 Thatcham and other locations in the country and poses no real issues for owners other than when they buy they have to account for both freehold and leasehold interests when dealing with purchasers. You can also enquire as to the position with your conveyancing practitioner who conducted the conveyancing.
I am looking for a ground for flat up to £245,000 and found one near me in Thatcham I like with open areas and station in the vicinity, the downside is that it's only got 61 years unexpired on the lease. There is not much else in Thatcham in this price bracket, so just wondered if I would be making a mistake acquiring a lease with such few years left?
Should you need a home loan that many years will likely be problematic. Discount the offer by the amount the lease extension will cost if it has not already been discounted. If the existing proprietor has owned the property for at least 2 years you could ask them to commence the lease extension formalities and pass it to you. An additional ninety years can be extended on to the current lease term with a zero ground rent applied. You should consult your conveyancing solicitor regarding this.
I am looking to sell my house. My previous lawyers have shut. It would be helpful to have a recommendation of a conveyancing firm. Im based in Thatcham if that makes things easier.
You should use our search tool to help you choose a solicitor for your conveyancing in Thatcham. We have connected thousands of home buyers and sellers with regulated solicitors to ensure that the legalities of their house move goes smoothly.
I have been sourcing a conveyancing solicitor in Thatcham for my purchase. Is there any facility to check a firm’s complaints history with the profession’s regulator?
One may read documented Solicitor Regulator Association (SRA) determinations resulting from inquisitions commenced on or after 1 January 2008. Go to Check a solicitor's record. For information about the period before 1 January 2008, or to check a firm's record, call 0870 606 2555, 08.00 - 18.00 Monday, Wednesday, Thursday, Friday and 09.30 - 18.00 Tuesday. For callers outside the UK, call +44 (0)121 329 6800. The regulator sometimes monitor telephone calls for training requirements.
I am purchasing a garden apartment in Thatcham. Conveyancing lawyer has been awaiting, from the owner, building insurance paperwork. This morning I was informed that the owner needs to forward the insurance documents for the flat above as well. Why does my property lawyer want to see the insurance for the flat above? Is it strictly required? We have been waiting for the last month…
It is not impossible in leasehold conveyancing in Thatcham to find Conveyancing in Thatcham in a minority of cases reveals that the lease provides for the leasehold owners to insure their individual flats as opposed to the freeholder insuring the whole property - which is definitely better. Do check with your solicitor but it would appear that your property lawyer is looking to establish that the entire building is insured. Insuring your residence is no help when it comes to rebuilding after a fire if the other flat cannot be reconstructed for lack of insurance cover.