I am purchasing a newly constructed flat in Hornchurch and my solicitor is informing me that she is duty bound to the lender to reveal incentives from the builder. The Estate Agents are hassling me to sign contracts and I have no desire to prolong matters. is my lawyer playing by the book?
You should not exchange unless you have been advised to do so by your conveyancing practitioner. A precondition to being on a bank panel is to comply with the UK Finance Lenders’ Handbook provisions. The CML Conveyancing Handbook requires that your lawyer have the appropriate Disclosure of Incentive form completed by the developer and accepted by your lender.
I note that there are debates on Chancel Insurance on online forums. Am I compelled to have this when acquiring a property in Hornchurch? or Apparently there is a law dating back centuries that could mean that house owners living in a parish church boundary will be compelled to pay for maintenance to the chancel within the church. Is this applicable for conveyancing in Hornchurch?
Unless a prior acquisition of the premises took place post 12 October 2013 you may take it that conveyancing practitioners carrying out conveyancing in Hornchurch to continue to suggest a chancel search and or insurance against a claim.
It has been five months since my purchase conveyancing in Hornchurch concluded. I have checked the Land Registry website which shows that I paid £150,000 when infact I paid £160,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the property from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
I am thinking of appointing a conveyancing lawyer in Hornchurch for my home move. Is it possible to check a firm’s complaints history with the profession’s regulator?
You can review documented Solicitor Regulator Association (SRA) decisions resulting from investigations commenced on or after Jan 2008. Visit Check a solicitor's record. To find details Pre 2008, or to check a firm's history, telephone 0870 606 2555, 08.00 - 18.00 any week day save for Tuesday when lines open at 9.30am. For non-uk callers, dial +44 (0)121 329 6800. The regulator may recorded call for training requirements.
My husband and I may need to sub-let our Hornchurch garden flat temporarily due to a career opportunity. We used a Hornchurch conveyancing firm in 2002 but they have closed and we did not have the foresight to seek any guidance as to whether the lease prohibits the subletting of the flat. How do we find out?
The lease dictates relations between the freeholder and you the flat owner; in particular, it will indicate if subletting is banned, or permitted but only subject to certain caveats. The rule is that if the lease contains no expres ban or restriction, subletting is permitted. Most leases in Hornchurch do not prevent strict prohibition on subletting – such a provision would adversely affect the market value the property. In most cases there is a basic requirement that the owner notifies the freeholder, possibly sending a copy of the sublease.
Having spent years of negotiations we cannot agree with our landlord on how much the lease extension should cost for our flat in Hornchurch. Can we issue an application to the Residential Property Tribunal Service?
Where there is a absentee freeholder or if there is disagreement about the premium for a lease extension, under the relevant legislation it is possible to make an application to the First-tier Tribunal (Property Chamber) to calculate the premium.
An example of a Lease Extension case for a Hornchurch residence is 37 Lodge Court High Street in November 2013. the decision of the LVT was that the premium to be paid for the new lease was £25,559 This case related to 1 flat. The unexpired residue of the current lease was 57.5 years.