Please could you vouch for a Virgin Money sanctioned Victoria conveyancing solicitor that can complete within 10 days? Would it be better to use a high street Victoria solicitor or a web based firm?
We would be happy to suggest some excellent Victoria conveyancing firms. Another option is to visit the high street in Victoria. Visit two or three law practices and request to see a conveyancing solicitor for a fee estimate. Explain your deadline together with your reasons and ask for a commitment on speed. Select the lawyer that you trust.
Finally the sale completed on my house in Victoria last February yet the purchaser is e-mailing every few hours complaining that her lawyer is waiting to hear from mine. What are the post completion sale legalities following completion?
After completion of your sale your solicitor should forward the transfer deeds and all additional paperwork to the purchaser's solicitors. Where relevant, your solicitor should also send confirmation that the home loan has been redeemed to the purchasers solicitors. There are no post completion requirements just for conveyancing in Victoria.
My wife and I purchasing a victorian detached house in Victoria. Our aim is to carry out a loft conversion at the property.Will the conveyancing process include checks to ascertain if these alterations are allowed?
Your property lawyer will review the registered title as conveyancing in Victoria can sometimes identify restrictions in the title documents which restrict certain alterations or need the consent of a 3rd party. Certain works call for local authority planning permissions and approval under the building regulations. Some locations are designated conservation areas and special planning restrictions apply which often prevent or impact extensions. You should check these issues with a surveyor prior to committing yourself to a purchase.
I am buying a property in Victoria. One unusual aspect is that the roof has a solar panel. Solicitors conducting should look into this right? Will my lender Coventry BS be concerned?
As your lender is Coventry BS your lawyer must comply with the formal instructions set out in Part two of UK Finance Lenders’ Handbook for Coventry BS. The CML Handbook contains minimum provisions for solar panel roof-space leases, and conveyancing practitioners are required to report to Coventry BS where a lease does not comply with these provisions. The conditions relate to the installation of panels on properties nationwide and is not restricted to Victoria.
The formalities of my remortgage has taken place for my property in Victoria. Conveyancing was satisfactory but I feel I should register my dissatisfaction about the lender. How does one go about formally complaining?
Almost all lenders have complaints procedures. Your first point of contact should be one of the lender’s branches or the Customer Services Team at head office. We understand that complaints to a lender are sorted out effectively and efficiently. However if you are not satisfied that the matter is not resolved you can write to Financial Ombudsman Service, South Quay Plaza, 183 Marsh Wall, London E14 9SR with full details of your complaint.
I have been on the look out for a flat up to £305k and identified one round the corner in Victoria I like with a park and transport links nearby, the downside is that it's only got 49 remaining years left on the lease. There is not much else in Victoria 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 price by the amount the lease extension will cost if it has not already been discounted. If the current owner has owned the property for a minimum of 2 years you may request that they commence the lease extension formalities and pass it to you. You can add 90 years to the existing lease term with a zero ground rent applied. You should speak to your conveyancing solicitor regarding this matter.
I am downsizing from my home. My previous solicitors closed down. I would be grateful for any recommendation of a conveyancing firm. I happen to live in Victoria if that makes things easier.
You should use our search tool to help you find a solicitor for your conveyancing in Victoria. We have connected thousands of home buyers and sellers with lender approved solicitors to ensure that the legalities of their house move runs with a minimum of fuss.
I am a negotiator for a long established estate agency in Victoria where we have witnessed a number of flat sales jeopardised as a result of short leases. I have been given conflicting advice from local Victoria conveyancing firms. Can you confirm whether the vendor of a flat can initiate the lease extension formalities for the purchaser on completion of the sale?
Provided that the seller has owned the lease for at least 2 years it is possible, to serve a Section 42 notice to kick-start the lease extension process and assign the benefit of the notice to the purchaser. This means that the buyer can avoid having to wait 2 years to extend their lease. Both sets of lawyers will agree to form of assignment. The assignment has to be done prior to, or simultaneously with completion of the sale.
Alternatively, it may be possible to extend the lease informally by agreement with the landlord either before or after the sale. If you are informally negotiating there are no rules and so you cannot insist on the landlord agreeing to grant an extension or transferring the benefit of an agreement to the buyer.
Notwithstanding our best efforts, we have been unsuccessful in trying to reach an agreement for a lease extension in Victoria. Can the Leasehold Valuation Tribunal adjudicate on premiums?
Most certainly. We are happy to put you in touch with a Victoria conveyancing firm who can help.
An example of a Lease Extension case for a Victoria premises is Flats 12A & 19, Evelyn Mansions Carlisle Place in June 2009. The Tribunal held that the price to be paid for the new lease of Flat 12A is £168,824, For the other flat the price was set at £169,110 This case related to 2 flats. The unexpired term was 56 years.