I plan on acquiring a leasehold flat in Winton. My property lawyer is not listed on the mortgage company conveyancing list. Can I still continue with my Winton conveyancing solicitor even though they are excluded from the bank approved list?
You have a number of choices available to you here
- Proceed with your existing Winton conveyancer but your lender will need to instruct a solicitor from their approved list. The net result is additional cost together with probable interruption.
- Get a fresh lawyer to act in the purchase, making sure they are on the lender conveyancing panel.
- Convince your property lawyer to pull out all the stops to join the lender’s panel of solicitors
I am helping my mother sell her house in Winton. Will the conveyancing solicitor order the energy performance certificate or should I organise this?
Following the demise of HIPs, EPC’s remained a compulsory element of selling a house. An EPC must be to hand prior to the property being placed on the market. This is not something that law firms ordinarily organise. Where you are using a Winton conveyancing practitioner they may help arrange EPC’s due to their contacts with long established local energy assessors
I am purchasing a property in Winton. A rare aspect is that the roof has a solar panel. Lloyds have issued a mortgage offer so presumably this is not a concern to them. Why is my solicitor raising questions about the panel?
Given that your lender is Lloyds your lawyer must follow the conveyancing requirements set out in Section 2 of UK Finance Lenders’ Handbook for Lloyds. The CML Handbook sets out minimum requirements for solar panel roof-space leases, and conveyancers are required to report to Lloyds where a lease does not meet these requirements. The conditions relate to the installation of panels on properties nationwide and is not restricted to Winton.
Intending to buy a flat in Winton. I have received an online quote from a licenced conveyancer, which states: "There will be no charge for dealing with the Building Society if you are obtaining a mortgage". I take this to mean that there will be no additional fee if the solicitor is on the Leeds Building Society conveyancing panel. I wanted to make sure it means there will be no additional fees for dealing with the mortgage.
They are simply saying that the cost for acting for the lender is included in the fee being quoted. It is worth you checking that the Winton lawyer is on the Leeds Building Society conveyancing panel.
In what way can the Landlord & Tenant Act 1954 impact my commercial offices in Winton and how can your lawyers assist?
The particular law that you refer to gives security of tenure to commercial leaseholders, giving them the legal entitlement to apply to court for a continuation of occupancy when the lease reaches an end. There are limited grounds where a landlord can refrain from granting a lease renewal and the rules are complicated. Fees are different for commercial conveyancing. Winton is one of our many locations in which the firms we work with are located
I have been sourcing a conveyancing practitioner in Winton for my home move. Can I check a firm’s complaints history with the legal regulator?
You may see published Solicitor Regulator Association (SRA) determinations arising from investigations from 2008 onwards. Go to Check a solicitor's record. To find details Pre 2008, or to check a solicitors history, telephone 0870 606 2555, 08.00 - 18.00 any week day save for Tuesday when lines open at 9.30am. International callers, call +44 (0)121 329 6800. The regulator may monitor call for training requirements.
My wife and I purchased a leasehold house in Winton. Conveyancing and Barclays Direct mortgage organised. I have received a letter from someone saying they have taken over the reversionary interest in the property. It included a ground rent demand for rent dating back to 1992. The conveyancing practitioner in Winton who previously acted has long since retired. Any advice?
The first thing you should do is contact the Land Registry to be sure that the individual purporting to own the freehold is in fact the registered owner of the freehold reversion. You do not need to incur the fees of a Winton conveyancing solicitor to do this as you can do this on the Land Registry website for £3. Rest assured that regardless, even if this is the legitimate landlord, under the Limitation Act 1980 no more than 6 years of rent can be collected.
I am the registered owner of a split level flat in Winton, conveyancing formalities finalised April 2008. How much will my lease extension cost? Similar properties in Winton with an extended lease are worth £211,000. The average or mid-range amount of ground rent is £45 per annum. The lease expires on 21st October 2091
With just 67 years left to run the likely cost is going to be between £10,500 and £12,000 plus professional fees.
The figure above a general guide to costs for extending a lease, but we are not able to provide the actual costs without more comprehensive investigations. Do not use the figures in a Notice of Claim or as an informal offer. There may be additional issues that need to be considered and clearly you should be as accurate as possible in your negotiations. You should not move forward placing reliance on this information before seeking the advice of a professional.
I am purchasing a maisonette with all finances in place. I have provided lawyer with 2 distinct proof of photo ID, bank statement, endless utility bills. Now he requires a copy from a probate lawyer stating that the funds are in place and that it has come from inheritance and not selling fake watches.
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 Winton conveyancing lawyer will need to obtain evidence of your identity as as well as make sure that your funds are legitimate.