We are purchasing a flat in West Norwood. It might be a silly question but how we can trust a lawyer? On the day of competition we have to put money into their account. What protection do we have from them run away with our money?
Be assured that all money in a Solicitors client account is 100% safe, and even if your Solicitor ran off with it, the Law Society would reimburse you fully.
I'm at the point of looking at flats in West Norwood and I am about to put in an offer. Should I already have a property lawyer in place at this stage? I intend to finance via a mortgage with Virgin Money.
It would be sensible to start your search sooner rather than later. Once you decide who you want to use and once your offer is accepted you can instruct them to work for you and pass their details on to the EA. As you are obtaining a mortgage with Virgin Money, make sure you remember to check that your lawyer is on the Virgin Money conveyancing panel.
Completion of my remortgage has taken place for my property in West Norwood. Conveyancing was satisfactory but I feel I should register my dissatisfaction about the lender. Who do I contact should I wish to lodge a complaint?
Almost all lenders have complaints procedures. Your first port of call should be one of the lender’s branches or the Customer Services Team at head office. Ordinarily complaints to a lender are resolved very quickly. If you feel 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.
Have completed on a a terraced house in West Norwood , how long should it take for the Land Registry to register my ownership? My West Norwood conveyancing solicitor works at snail pace, so I want to be sure the post completion formalities are dealt with.
There is nothing unique about conveyancing in West Norwood registration formalities. Rather than based on location, timeframes can adjust according to who lodges the application, whether it is in order and if the Land registry must send notices to any other persons or bodies. Currently roughly 80% of submission are fully dealt with in less than three weeks but occasionally there can be extensive hold-ups. Historically registration occurs once the new owner has moved in to the premises so 'speed' is not usually an essential issue yet where there is a degree of urgency associated with the registration then you or your solicitor can communicate with the Registry to express the reasoning for an expedited registration.
Yesterday I discovered that there is a flying freehold element on a property I have offered on a fortnight ago in what should have been a quick, no chain conveyancing. West Norwood is where the house is located. What do you suggest?
Flying freeholds in West Norwood are rare but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in West Norwood you must be sure that your lawyer goes through the deeds very carefully. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in West Norwood may decide that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold property.
Is it simple use your search app to choose a conveyancing solicitor in West Norwood on the panel for my lender?
1st choose a lender such as National Westminster Bank, Norwich and Peterborough Building Society or Clydesdale then choose your location e.g. West Norwood. Conveyancing practices in West Norwood and beyond will then be shown.
Looking forward to complete next month on a leasehold property in West Norwood. Conveyancing solicitors assured me that they report fully tomorrow. Are there areas in the report that I should be focusing on?
The report on title for your leasehold conveyancing in West Norwood should include some of the following:
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Your lawyers should enable you to have an understanding of the insurance obligations You should receive a copy of the lease specifics of the parties to the lease, for instance these could be the lessee, head lessor, landlord You need to be told what counts as a Nuisance as far as the lease is concerned What remedies are open the freeholder should you breach a clause of your lease?
My wife and I have hit a brick wall in negotiating a lease extension in West Norwood. Can this matter be resolved via the Leasehold Valuation Tribunal?
Most certainly. We can put you in touch with a West Norwood conveyancing firm who can help.
An example of a Freehold Enfranchisement decision for a West Norwood property is 172 Knollys Road in February 2012. On 13 September 2011 District Judge Guinan made a vesting order and the proceedings were transferred to the tribunal for the purpose of assessing the premium which was subsequently calculated to be £24,003 This case affected 4 flats. The unexpired residue of the current lease was 98.28 for 3 flats other than the garden flat which had 66.04 years remaining.
The solicitors undertaking our conveyancing in West Norwood has sent documents to review that state the property is unregistered with epitome documents. How can it be that the property not registred at HMLR?
It is a rare occurrence indeed to find property in West Norwood not to be registered. An 'epitome' is basically a dossier of photocopies of documents affecting an unregistered title. Many West Norwood conveyancing practitioners will be capable of dealing with such matters but if any uncertainty prevails the conventional recommendation presently seems to be for the seller to register it first and thereafter deal with the dispose of the property to the purchaser - this will have a knock on effect to cause a prolonged conveyancing.