I am obtaining a offer of a home loan from Nat West. I would like to retain the legal services of a Licensed Conveyancer in Brixham. Does the Nat West Solicitor panel exclude conveyancers regulated by the CLC?
The Nat West approved solicitor list is, like many other lenders, represented by the CML or Building Society Association, open to Licensed Conveyancers regulated by the CLC.
I am looking to buy a flat and need a conveyancing solicitor in Brixham who is on the Yorkshire Building Society approved. Can you recommend a local conveyancing firm?
Our service is limited to being a directory service for firms who wish to listed as being on the approved conveyancing panel for Yorkshire Building Society in certain locations such as Brixham. We dont recommend any particular firm.
Due to the encouragement of my in-laws I had a survey completed on a property in Brixham ahead of appointing lawyers. I have been told that there is a flying freehold overhang to the house. The surveyor advised that some banks will not give a mortgage on such a home.
It varies from the lender to lender. Santander has different requirements from Nationwide. Should you wish to call us we can investigate further with the appropriate mortgage company. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Brixham. Conveyancing may be slightly more expensive based on your lender's requirements.
I am a negotiator for a busy estate agent office in Brixham where we have experienced a number of leasehold sales put at risk as a result of short leases. I have been given contradictory information from local Brixham conveyancing solicitors. Can you clarify whether the owner of a flat can start the lease extension formalities for the purchaser on completion of the sale?
Provided that the seller has owned the lease for at least 2 years it is possible, to serve a Section 42 notice to commence the lease extension process and assign the benefit of the notice to the purchaser. The benefit of this is that the proposed purchaser need not have to wait 2 years for a lease extension. Both sets of lawyers will agree to form of assignment. The assignment has to be done before, or at the same time as completion of the disposal of the property.
Alternatively, it may be possible to extend the lease informally by agreement with the landlord either before or after the sale. If you are informally negotiating there are no rules and so you cannot insist on the landlord agreeing to grant an extension or transferring the benefit of an agreement to the buyer.
Brixham Conveyancing for Leasehold Flats - Examples of Questions you should ask Prior to Purchasing
The best form of lease arrangement is if the freehold interest is in the ownership of the leaseholders. In this situation the lessees benefit from being in charge if their destiny and although a managing agent is usually retained where it is bigger than a house conversion, the managing agent is directed by the tenants. Is there a share of the freehold?
Living abroad I am unable to be present at my Brixham conveyancing practitioners office to sign documents for conveyancing in Brixham – will this be problematic?
No. Brixham conveyancing lawyers can conduct conveyancing transactions for clients who are based anywhere. You are unlikely to be required to meet your lawyer in the flesh at a Brixham conveyancers office. They can undertake all communications remotely from their Brixham premises.