Am I correct in assuming that the fact that my conveyancer in Bowthorpe is not identified on my bank's conveyancing panel that there is a problem with the quality of his work?
That would more than likely be a wrong assumption to make. There are plenty of plausible explanations. A recent report by the solicitors regulator revealed 76% of law firms surveyed had been removed from at least one lender panel. The most common reasons for removal are: (1) low volume of transactions (2) the solicitor is a sole practitioner (3) as part of the HSBC panel reduction (4) regulatory contact by SRA (5) accidental removal. If you are concerned you should simply call the Bowthorpe conveyancing practice and ask them why they are no longer on the approved list for your lender.
I require conveyancing for a flat in a fairly new development (seven years old) in Bowthorpe. 95% of the appartments have already been disposed of. Is it strictly necessary to order neighbourhood searches as part of conveyancing in Bowthorpe?
Conveyancing Searches are a central link in the Bowthorpe conveyancing process. There are numerous companies delivering Bowthorpe conveyancing searches, as well direct from the local authority. These are usually referred to as personal search companies and they produce, not surprisingly, personal searches. Nevertheless, all Local Authority Search conveyancing products have one thing in common - they must obtain their data from the local authoritative source.
We note that you have a post code search directory listing law firms on the Yorkshire BS conveyancing panel. Do firms pay you a commission if I retain them for our own conveyancing in Bowthorpe?
We are a listing service only for law firms wishing to communicate if they are on the Yorkshire BS conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Bowthorpe.
I am downsizing from my house. My previous solicitors has retired. I am in need of a recommendation of a conveyancing firm. I happen to live in Bowthorpe if that affects matters.
Please use our search tool to help you choose a solicitor for your conveyancing in Bowthorpe. We have connected thousands of home buyers and sellers with regulated solicitors to ensure that the legalities of their house move goes with a minimum of fuss.
Back In 2007, I bought a leasehold house in Bowthorpe. Conveyancing and Bank of Ireland mortgage organised. I have received a letter from someone claiming to own the reversionary interest in the property. Attached was a ground rent demand for rent dating back to 1994. The conveyancing practitioner in Bowthorpe who acted for me is not around. What should I do?
First contact HMLR to make sure that this person is in fact the registered owner of the freehold reversion. You do not need to incur the fees of a Bowthorpe conveyancing lawyer to do this as you can do this on the Land Registry website for £3. You should note that in any event, even if this is the legitimate landlord, under the Limitation Act 1980 no more than 6 years of rent can be collected.
I bought a leasehold flat in Bowthorpe, conveyancing having been completed September 2010. Can you please calculate a probable premium for a statutory lease extension? Equivalent properties in Bowthorpe with a long lease are worth £176,000. The ground rent is £50 charged once a year. The lease terminates on 21st October 2074
With just 50 years remaining on your lease we estimate the price of your lease extension to be 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 detailed due diligence. You should not use the figures in tribunal or court proceedings. 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 based on this information before seeking the advice of a professional.