The Tottenham Green conveyancing firm handling our Tottenham Green conveyancing has identified a discrepancy between the information in the valuation report and what is in the title deeds. My solicitor says that he needs to check that the bank is happy with this discrepancy and is still content to lend. Is my conveyancer’s approach appropriate?
Your lawyer must comply with the UK Finance Lenders’ Handbook provisions which do require that your lawyer disclose any incorrect assumptions in the lender’s valuation report and the legal papers. Should you refuse to allow your lawyer to make the appropriate notification then your lawyer will have no choice but to discontinue acting for you.
How do I check that the solicitor conducting my conveyancing in Tottenham Green is on the bank’sapproved panel? I am looking to avoid the situation of having one lawyer for me and one for Barclays Direct thus paying £192.00 in additional legal fees.
Feel free to make use of the find a conveyancing panel solicitor tool on this page. Pick the lender and type ‘Tottenham Green’ or your location and you will be presented with numerous solicitors offices in Tottenham Green or by proximity to you.
About to purchase a new build flat in Tottenham Green. Conveyancing is necessary evil at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build legal work.
Here is a sample of a few leasehold new build enquiries that you should expect your new-build leasehold conveyancing in Tottenham Green
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There must be mutual enforceability of lessee’s covenants. Where there is an Undertaking being granted there is the risk of forfeiture of the Headlease subject to relief if one or more of the Underlessees are willing to accept the original Head Lessee’s obligations as otherwise relief will be denied to the Underlessees. The only alternatives are the Head Lessor agreeing not to forfeit the Headlease or the Head Lessee guaranteeing to the Underlessees that it will not be in breach of the Headlease. Please supply evidence that the form of Lease proposed has been approved by the Land Registry. Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose? The Vendor must covenant to keep unsold units in good repair until long leases are granted therefore.
Due to the encouragement of my in-laws I had a survey completed on a property in Tottenham Green prior to appointing lawyers. I have been informed that there is a flying freehold element to the property. My surveyor has said that some mortgage companies will not give a loan on a flying freehold home.
It depends who your proposed lender is. Santander has different requirements for example to Birmingham Midshires. If you e-mail us we can check with the relevant bank. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Tottenham Green. Conveyancing will be smoother if you use a solicitor in Tottenham Green especially if they are acquainted with such properties in Tottenham Green.
In what way can the Landlord & Tenant Act 1954 impact my commercial property in Tottenham Green and how can you help?
The 1954 Act gives security of tenure to commercial lessees, giving them the legal entitlement to apply to court for a new tenancy and remain in occupation at the end of an expired lease. There are certain specified grounds that a landlord can refuse a lease renewal and the rules are involved. Fees are different for commercial conveyancing. Tottenham Green is one of our hundreds of areas of the UK in which the firms we work with have offices
My father-in-law has encouraged me to appoint his lawyers for conveyancing in Tottenham Green. Should I use them?
There are no two ways about it the best way to select a conveyancing lawyer is to have recommendations from friends or relatives who have actually previously instructed the firm you're are thinking of instructing.