Are the BSA planning on creating a searchable register to to identify solicitors on the Coventry BS conveyancing panel for instance in Edgware?
Lexsure has not been advised of any intention on the part of the BSA to promote such a register.
I have todaydiscovered that Arc property Solicitors have closed. They conducted my conveyancing in Edgware for a purchase of a leasehold flat 18 months ago. How can I establish that my home is registered correctly in the name of the previous owner?
The quickest way to see if the premises is registered to you, you can carry out a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Edgware conveyancing specialists.
I am purchasing a new build house in Edgware benefiting from help to buy. The developers would not budge the amount so I negotiated 6k of fixtures and fittings instead. The property agent told me not disclose to my conveyancer about the extras as it may put at risk my loan with the bank. Do I keep my lawyer in the dark?.
All lenders require a Disclosure of Incentives Form from the builder of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.
Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.
Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.
My wife and I purchased a leasehold house in Edgware. Conveyancing and Bank of Ireland mortgage organised. 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 Edgware who acted for me is not around. What should I do?
The first thing you should do is make enquiries of HMLR to make sure that this person is in fact the new freeholder. There is no need to instruct a Edgware conveyancing practitioner to do this as you can do this on the Land Registry website for £3. You should note that regardless, even if this is the legitimate freeholder, under the Limitation Act 1980 no more than 6 years of rent can be collected.
I inherited a second floor flat in Edgware. In the absence of agreement between myself and the landlord, can the Leasehold valuation Tribunal determine the premium payable for a lease extension?
You certainly can. We can put you in touch with a Edgware conveyancing firm who can help.
An example of a Freehold Enfranchisement matter before the tribunal for a Edgware premises is 42 Churchill Road in March 2013. The Tribunal determined that the price payable in respect of the acquisition of the freehold of the property as required under the terms of the Court Order dated 21 December 2012, is£26,958 This case related to 1 flat.
My partner and I have had DIP from National Westminster Bank who indicated we could borrow up to £117k. When do we need to instruct a lawyer for conveyancing? Edgware is where we are .
It would be wise to instruct a property lawyer now requesting that they open a file on your behalf. This will trigger: 1) the estate agent to issue a Sales Memorandum to the relevant parties 2) the seller’s conveyancing practitioner to send out the draft paperwork. That being said, do not ask your conveyancer to order searches until you receive your valuation report from National Westminster Bank and you are happy to proceed.