We are looking to buy a flat and require a conveyancing solicitor in Westbury Park who is on the TSB approved panel. Can you recommend a local firm?
Our service is limited to being a directory service for firms who wish to be listed as being on the approved conveyancing panel for TSB . We don't recommend any particular firms conducting conveyancing in Westbury Park.
I have paid off my mortgage with Yorkshire BS. I assume I don't need a Westbury Park conveyancing practitioner on the Yorkshire BS panel to discharge the mortgage at the Land Registry. Please confirm.
If you have finished paying off your Yorkshire BS mortgage, they may send you evidence showing that you have paid it off. Alternatively they may notify the Land Registry directly. The Land Registry need to see this evidence before they will remove the Yorkshire BS mortgage from the register. Yorkshire BS, and any evidence they send you, will determine the action you need to take. In cases where no conveyancer is acting for you and you have paid off your mortgage:
- but are not moving to another property
- where Yorkshire BS has sent the Land Registry the discharge electronically, and
- Yorkshire BS has instructed the Land Registry to do so
I recently had an offer accepted on a house in Westbury Park. My mortgage broker suggested a conveyancer. I paid an on account payment of £200. A few days later, the solicitor called me embarrassingly acknowledging that they were not on the Leeds Building Society conveyancing panel. Am I right in thinking that I should be due a refund?
You should be able to recover this from the law firm if they were not on the Leeds Building Society panel. They should have asked at the outset which lender you were obtaining a mortgage with. An important lesson to readers of this site is to check that the lawyers are on the appropriate lender panel.
Virgin Money have agreed my home loan in principle, my bid on a apartment in Westbury Park has been agreed to, what are the next steps?
Your estate agent will want to know who your solicitors are (ensure that the property lawyers are on the lender’s panel). Contact Virgin Money or the broker and finish off any appropriate paperwork. Virgin Money will appoint a valuer who will get in contact with the estate agent or vendor to arrange an appointment. Once carried out (assuming no problems) it takes about ten days to get a mortgage offer. Virgin Money will send the offer to you and your conveyancing practitioners. The legal work will then take it’s course according the nature and complexity of the conveyancing in Westbury Park.
Yesterday I discovered that there is a flying freehold issue on a property I have offered on a fortnight ago in what was supposed to be a quick, chain free conveyancing. Westbury Park is where the house is located. Can you shed any light on this issue?
Flying freeholds in Westbury Park are unusual but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Westbury Park you would need to get your solicitor to go through the deeds diligently. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Westbury Park 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 residence.
Am I better off to appoint a Westbury Park conveyancing lawyer based in the location that I am hoping to buy? An old friend can conduct the conveyancing however they are based over three hundred kilometers drive away.
The benefit of a local Westbury Park conveyancing firm is that you can attend the office to execute paperwork, hand in your ID and pester them if necessary. Having local Westbury Park know how is a bonus. That being said it's more important to get someone that will pull out all the stops for you. If other friends have instructed your friend and in the main were content that should surpass using an unfamiliar Westbury Park conveyancing lawyer solely due to them being local.
I am on look out for some leasehold conveyancing in Westbury Park. Before I set the wheels in motion I want to be sure as to the number of years remaining on the lease.
Assuming the lease is registered - and 99.9% are in Westbury Park - then the leasehold title will always include the short particulars of the lease, namely the date; the term; and the original parties. From a conveyancing perspective such details then enable any prospective buyer and lender to confirm that any lease they are looking at is the one relevant to that title. For any other purpose, such as confirming how long the term was granted for and calculating what is left, then the register should be sufficient on it's own.
I inherited a studio flat in Westbury Park, conveyancing having been completed October 2003. Can you work out an approximate cost of a lease extension? Similar flats in Westbury Park with over 90 years remaining are worth £181,000. The ground rent is £55 invoiced annually. The lease finishes on 21st October 2074
With just 50 years left to run we estimate the premium for your lease extension to range between £31,400 and £36,200 plus costs.
The figure that we have given is a general guide to costs for renewing a lease, but we cannot give you the actual costs in the absence of comprehensive investigations. Do not use the figures in tribunal or court proceedings. There are no doubt additional concerns that need to be considered and you obviously should be as accurate as possible in your negotiations. Neither should you take any other action based on this information without first seeking the advice of a professional.