We are buying a 1 bedroom flat in Blaydon On Tyne with a mortgage. We would like to retain our Blaydon On Tyne conveyancer, however the bank says he's not on their "panel". It appears that we have no option but to use one of the bank panel firms or retain our Blaydon On Tyne conveyancing practitioner as well as pay for one of their panel lawyers to act for them. This seems very unfair; is there anything we can do?
No, not really. The mortgage offered to you is subject to its terms and conditions, one of which will be that lawyers will on the lender’s conveyancing panel. Until recently, most lenders had large numbers of law firms on their panels: a borrower could choose one for themselves, as long as it was on the lender's panel. The lender would then simply instruct the borrower's lawyers to act for the lender, too. You can use your lender's panel lawyers or you could borrow from another lender which does not restrict your choice. A further alternative is for your Blaydon On Tyne conveyancing solicitor to apply to be on the conveyancing panel.
Finally the sale completed on my house in Blaydon On Tyne last July yet the purchaser is SMS messaging me complaining that their lawyer needs to hear from myconveyancer. What are the post completion sale formalities now that I have sold?
After completion of your sale your lawyer should deliver the transfer documentation and all additional paperwork to the purchaser's lawyers. Depending on the transaction, your solicitor should also send confirmation that the home loan has been repaid to the buyers conveyancers. There is unlikely to be post completion requirements just for conveyancing in Blaydon On Tyne.
I require quick conveyancing in Blaydon On Tyne as I am under a deadline to exchange contracts within 4 weeks. A home loan is not required. Is it possible to decline from having conveyancing searches to save fees and time?
As you are are a cash buyer you are at free not to have searches conducted although no conveyancer would suggest that you don't. Drawing on our experience of conveyancing in Blaydon On Tyne the following are examples of issues that can arise and adversely impact future saleability: Enforcement Actions, Outstanding Fees, Outstanding Grants, Railway Schemes,...
The estate agent has sent us the confirmation of our purchase of a new build flat in Blaydon On Tyne. Conveyancing is daunting at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build conveyancing.
Set out below is a sample of a few leasehold new build questions that you may expect your new-build leasehold conveyancing in Blaydon On Tyne
Forfeiture - bankruptcy or liquidation must not apply under this provision. The Vendor must covenant to keep unsold units in good repair until long leases are granted therefore. The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme. If there are lifts in the building, please confirm that the owners of flats on the ground and basement floors will not be required to contribute towards the cost of maintenance and renewal. The Lease must contain a provision on behalf of the Vendor to pay the service charges in respect of unoccupied units in order to ensure that all services can be provided.
I own a leasehold house in Blaydon On Tyne. Conveyancing and Alliance & Leicester mortgage went though with no issue. A letter has just been received from someone claiming to own the freehold. Attached was a ground rent demand for rent dating back to 1995. The conveyancing solicitor in Blaydon On Tyne who previously acted has long since retired. Any advice?
The first thing you should do is contact the Land Registry to make sure that this person is in fact the new freeholder. You do not need to instruct a Blaydon On Tyne conveyancing firm to do this as it can be done on-line for a few pound. 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.
Leasehold Conveyancing in Blaydon On Tyne - Examples of Questions you should consider Prior to Purchasing
How long is the Lease? What prohibitions exist in the Blaydon On Tyne Lease? The answer will be useful as a) areas can result in problems in the block as the common areas may start to deteriorate if services are not paid for b) if the tenants have a dispute with the managing agents you will need to know about it