The Gateshead conveyancing firm handling our Gateshead conveyancing has discovered an inconsistency between the assumptions in the home valuation report and what is in the legal papers for the property. My solicitor says that he needs to ensure that the bank is OK with this discrepancy and is content to go ahead. Is my conveyancer’s stance right?
Your lawyer must comply with the UK Finance Lenders’ Handbook provisions which do require that your lawyer disclose any incorrect assumptions in the lender’s valuation report and the legal papers. Should you refuse to allow your lawyer to make the appropriate notification then your lawyer will have no choice but to discontinue acting for both parties.
It is a dozen years since I acquired my house in Gateshead. Conveyancing lawyers have now been appointed on the sale but I am unable to find the deeds. Will this cause complications?
You need not be too concerned. Firstly there is a chance that the deeds will be kept by your mortgage company or they may still be with the solicitor who acted in your purchase. Secondly the chances are that the property will be recorded at the land registry and you will be able to establish that you own the property by your conveyancing solicitors acquiring up to date copy of the land registers. The vast majority of conveyancing in Gateshead involves registered property but in the rare situation where your home is unregistered it is more tricky but is resolvable.
I am considering remortgaging my house in Gateshead, does my lawyer have to be on the Clydesdale Solicitor panel?
There is nothing to stop you using your solicitor, but Clydesdale will insist on their interests being represented by a firm on their conveyancing panel. There is greater potential for delays and confusion with two solicitors involved, and it will undoubtedly be more expensive too.
I have been sourcing a conveyancing practitioner in Gateshead for my home move. Is it possible to see a solicitor's record with the profession’s regulator?
Anyone may search for documented Solicitor Regulator Association (SRA) determinations arising from inquisitions started on or after 1 January 2008. Go to Check a solicitor's record. For information about the period before 1 January 2008, or to check a firm's record, telephone 0870 606 2555, 08.00 - 18.00 Monday, Wednesday, Thursday, Friday and 09.30 - 18.00 Tuesday. For callers outside the UK, dial +44 (0)121 329 6800. The SRA sometimes monitor call for training requirements.
I have recently realised that I have 68 years remaining on my lease in Gateshead. I now want to get lease extension but my freeholder is can not be found. What options are available to me?
If you qualify, under the Leasehold Reform, Housing and Urban Development Act 1993 you can apply to the County Court for for permission to dispense with the service of the initial notice. This will enable the lease to be extended by the Court. You will be obliged to demonstrate that you or your lawyers have used your best endeavours to find the lessor. On the whole an enquiry agent would be useful to conduct investigations and prepare an expert document which can be accepted by the court as proof that the freeholder is indeed missing. It is advisable to get professional help from a property lawyer both on proving the landlord’s absence and the vesting order request to the County Court overseeing Gateshead.
Gateshead Conveyancing for Leasehold Flats - A selection of Queries Prior to Purchasing
Are any of leasehold owners in dispute over their service charge payments? How much is the maintenance charge and ground rent on the flat?