My husband and I are approaching an exchange on a flat in Forty Hill and my parents have sent the 10% deposit to my solicitor. I am now advised that as the deposit has not arrived from me my conveyancing practitioner needs to disclose this to my bank. I am advised that, in also acting for the bank he must inform them that the balance of the purchase price is not just from me. I advised the bank about my parents' contribution when I applied for the mortgage, so is it really appropriate for him to raise this?
The property lawyer is obliged to check with mortgage company to make sure that they understand that the balance of the purchase price is not from your own funds. The solicitor can only report this to your mortgage company if you permit them to, failing which, your lawyer must cease to continue acting.
My husband and I have arranged the release of further monies on our home loan from Nottingham as we wish to carry out alterations to our house in Forty Hill. Are we obliged to choose a local Forty Hill solicitor on the Nottingham conveyancing panel to handle the legals?
Nottingham would not normally instruct a member of their conveyancing panel to deal with such a matter. If they do require any legal work then you would need to ensure that such a lawyer was on the Nottingham panel.
I am buying a property in Forty Hill. A rare aspect is that the roof has a solar panel. Skipton have issued a mortgage offer so presumably this is not a concern to them. Why is my solicitor raising questions about the panel?
Given that you are obtaining a mortgage with Skipton your lawyer must check the conveyancing requirements contained in Part 2 of UK Finance Lenders’ Handbook for Skipton. The CML Handbook sets out minimum provisions for solar panel roof-space leases, and lawyers are required to report to Skipton where a lease fails to satisfy these provisions. The specifications relate to the installation of panels on properties nationwide and is not isolated to Forty Hill.
I am selling my flat. I had a double glazing fitted in June 2010, but did not receive a FENSA certificate or Building Regulation Certificate. My buyer's mortgage company, Bank of Ireland are being difficult. The Forty Hill solicitor who is on the Bank of Ireland conveyancing panel is recommending indemnity insurance as a solution but Bank of Ireland are insisting on a building regulation certificate. Why do Bank of Ireland have a conveyancing panel if they don't accept advice from them?
It is probably the case that Bank of Ireland have referred the matter to their valuer. The reason why Bank of Ireland may not want to accept indemnity insurance is because it does not give them any reassurance that the double glazing was correctly and safely installed. The indemnity insurance merely protects against enforcement action which is very unlikely anyway.
What tools are available to locate a Forty Hill law firm on the Barclays conveyancing panel? I have a car and am happy to travel upto 20miles to meet the lawyer.
You can use the facility on this page. Please choose the lender and your location and you will see a number of Forty Hill conveyancing lawyers locally. We have detailed some Forty Hill conveyancing firms at the bottom of this page and you can call them to verify if they are on the Barclays panel
I am on look out for some leasehold conveyancing in Forty Hill. Before I get started I would like to find out the number of years remaining on the lease.
If the lease is recorded at the land registry - and 99.9% are in Forty Hill - then the leasehold title will always include the short particulars of the lease, namely the date; the term; and the original parties. From a conveyancing perspective such details then enable any prospective buyer and lender to confirm that any lease they are looking at is the one relevant to that title. For any other purpose, such as confirming how long the term was granted for and calculating what is left, then the register should be sufficient on it's own.
I have attempted and failed to negotiate with my landlord to extend my lease without any joy. Can a leaseholder make an application to the Leasehold Valuation Tribunal? Can you recommend a Forty Hill conveyancing firm to represent me?
You certainly can. We are happy to put you in touch with a Forty Hill conveyancing firm who can help.
An example of a Lease Extension case for a Forty Hill residence is First Floor Flat 109 Lyndhurst Road in May 2010. Following a vesting order by Edmonton County Court on 29th October 2009 the Tribunal decided on a figure of £5,012 for a lease extension. This case was in relation to 1 flat. The unexpired term as at the valuation date was 81.79 years.
How much should conveyancing in Forty Hill cost?
The total sum levied for Forty Hill conveyancing costs are likely to be calculated at:
- a standard fee; or
- an hourly rate (i.e. the time spent on the particular case).
In reality you seldom hear of Forty Hill conveyancing solicitors charge on an hourly basis