I am being told by my lawyer that missing deeds insurance is needed on my purchase. What is the level of cover for Twickenham conveyancing?
The right level of missing deeds indemnity insurance should be dictated by who your lender. It would differ for example between Barclays and Skipton Building Society. Conveyancing lawyers as opposed to members of the public take out such insurances.
When it comes to mortgage companies such as HSBC, do Twickenham conveyancing practitioners incur a yearly amount to be on the conveyancing panel?
We are unaware of any mortgage company fees to register on their list of approved firms, although some do charge an administration charge to deal with the processing of the conveyancing panel application.
We previously instructed conveyancing lawyers based in Twickenham on the Nationwide solicitor approved list. They are now charging me a separate sum for dealing with the Nationwide mortgage. Is this a supplemental conveyancing fee specified by Nationwide?
Provided it is contained in their Terms of Engagement or Quote then yes your conveyancer may levy a fee for this. The charge is not set by Nationwide but by your Twickenham property lawyer. Some firms on the Nationwide panel will quote an ‘acting for lender’ fee but some firms include it on their overall fee.
We are purchasing a house and the conveyancer has referenced Chancel Repair to which the house could be obligated to contribute to as it falls into the area of such a church. He has mentioned insurance. Is this strictly necessary for conveyancing in Twickenham
Unless a previous purchase of the house completed after 12 October 2013 you could take it that solicitors conducting conveyancing in Twickenham to continue to propose a a chancel search and or insurance against a claim.
Me and my brother purchased a semi-detached Georgian property in Twickenham. Conveyancing practitioner acted for me and Virgin Money. I did a free Land Registry search last week and there are a couple of entries: one for freehold, another for leasehold under the exact same address. If a house is not a freehold shouldn't I have been informed?
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 owner of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Twickenham and other areas of the country and poses no real issues for owners other than when they mortgage they have to account for both freehold and leasehold interests when dealing with mortgage companies. You can also question the situation with your conveyancing solicitor who conducted the purchase.
Do I need to be wary about estate agents that I am dealing with are recommending a web based conveyancing firm as opposed to a High Street Twickenham conveyancing practice?
As with many service providers, often referrals from family and friends can be very helpful. Nevertheless there are many players in a conveyancing transaction; estate agents, financial adviser and lenders might all put forward lawyers to choose. Sometimes these conveyancers might be known to one of the organisations as being good in their field, but sometimes there exists a commercial relationship behind the recommendation. You are at liberty to appoint your own lawyer. Don't forget that the majority of lenders specify a panel list of solicitors you must use for the mortgage related work in your home move.
Back In 2006, I bought a leasehold house in Twickenham. Conveyancing and Bank of Scotland mortgage organised. A letter has just been received from someone claiming to own the freehold. Attached was a ground rent demand for rent dating back to 1996. The conveyancing solicitor in Twickenham who acted for me is not around. Do I pay?
The first thing you should do is contact the Land Registry to be sure that the individual claiming to own the freehold is indeed the new freeholder. You do not need to instruct a Twickenham conveyancing firm to do this as you can do this on the Land Registry website for a few pound. You should note that in any event, even if this is the legitimate landlord, under the Limitation Act 1980 no more than 6 years of rent can be collected.
Following years of dialogue we are unable to agree with our landlord on how much the lease extension should cost for our flat in Twickenham. Does the Leasehold Valuation Tribunal have jurisdiction to calculate the appropriate figures?
Where there is a missing freeholder or where there is dispute about what the lease extension should cost, under the relevant statutes it is possible to make an application to the First-tier Tribunal (Property Chamber) to judgment on the sum to be paid.
An example of a Lease Extension case for a Twickenham property is Ground Floor Flat 91 Bath Road in May 2009. in a case where the freeholder could not be traced, the Brentford County Court ordered that the Lease be surrendered in return for the grant of a new lease of the Premises at a premium determined by the Leasehold Valuation Tribunal. The tribunal concluded that the price payable by the Applicant for the new lease of the premises be £15,900 This case was in relation to 1 flat. The remaining number of years on the lease was 60.45 years.
I am purchasing a house mortgage free. I have provided conveyancer with two distinct evidence of photo ID, bank statement, multiple utility bills. Now he wants a copy from a probate lawyer advising that the funds are legitimate and that it has come from inheritance and not dealing E's in Ibiza.
For some years now requires conveyancing solicitors as well as banks, building societies and other financial institutes to obtain satisfactory evidence of the identity of the client. This is because solicitors who deal with money and property on behalf of their clients can be used by criminals wishing to launder money. In order to comply with the law of money laundering, your Twickenham conveyancing lawyer will need to obtain evidence of your identity as as well as make sure that your funds are legitimate.