Is the fact that my conveyancer in Claydon is not on my lender's conveyancing panel that there is a problem with the quality of the firm’s conveyancing?
It would be unwise to jump to that conclusion. There are plenty of plausible explanations. A recent report by the solicitors regulator revealed that over three quarters 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 lawyer is a sole practitioner (3) as part of the HSBC panel reduction (4) regulatory contact by SRA (5) accidental removal. Where you are concerned you should simply call the Claydon conveyancing practice and ask them why they are no longer on the approved list for your lender.
Are the Claydon conveyancing solicitors identified as being on the Nationwide conveyancing panel, together with their details provided by Nationwide?
Claydon conveyancing firms themselves provide us confirmation that they are on the Nationwide conveyancing panel as opposed to being supplied with a list from Nationwide directly.
A relative recommended that where I am buying in Claydon I should carry out a Neighbourhood, Planning and Local Amenity Search. What does it cover?
A search of this type is sometimes quoted for as part of the standard Claydon conveyancing searches. It is a large document of more than thirty pages, listing and setting out important information about Claydon around the property and the people living there. It incorporates an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the Claydon Housing Market, Council Tax Banding, the type of People living in the area, the dominant type of Housing, the Average Property Price, Crime details, Local Education with maps and statistics, Local Amenities and other useful information about Claydon.
How do I use your search app to get a costs illustration from a conveyancing lawyer in Claydon on the authorised to act for my lender?
Step one is to choose a mortgage company such as Santander, The Royal Bank of Scotland or Aldermore then choose your location a common one being Claydon. Conveyancing organisations in Claydon and beyond should be identified.
My wife and I purchased a leasehold house in Claydon. Conveyancing and Birmingham Midshires mortgage organised. I have received a letter from someone saying they have taken over the reversionary interest in the property. Attached was a ground rent demand for rent dating back to 1995. The conveyancing solicitor in Claydon who acted for me is not around. What should I do?
The first thing you should do is contact HMLR to make sure that this person is in fact the new freeholder. It is not necessary to instruct a Claydon conveyancing practitioner to do this as you can do this on the Land Registry website for a few pound. Rest assured that in any event, even if this is the rightful freeholder, under the Limitation Act 1980 no more than 6 years of rent can be collected.
I acquired a 2 bed flat in Claydon, conveyancing formalities finalised in 2010. How much will my lease extension cost? Corresponding properties in Claydon with a long lease are worth £191,000. The average or mid-range amount of ground rent is £55 invoiced every year. The lease terminates on 21st October 2080
With just 54 years remaining on your lease we estimate the price of your lease extension to range between £31,400 and £36,200 plus costs.
The suggested premium range above a general guide to costs for extending a lease, but we are not able to provide a more accurate figure without more detailed due diligence. You should not use the figures in a Notice of Claim or as an informal offer. There are no doubt additional concerns that need to be considered and clearly you want to be as accurate as possible in your negotiations. Please do not take any other action based on this information without first getting professional advice.