I have been recommended a conveyancing solicitor in Huntingdon. I I would like to check if they are on the Lloyds TSB Bank conveyancing panel. Could you assist?
You should e-mail your lawyer and enquire whether they can act for the bank. Alternatively you should get in touch with Lloyds TSB Bank who may be able to assist.
Completion of my remortgage has taken place for my property in Huntingdon. Conveyancing was a necessary evil but I feel I should register my dissatisfaction about the lender. How do I make a complaint?
All banks and building societies have complaints procedures. Your first point of contact should be one of the lender’s branches or the Customer Care Team at head office. Ordinarily complaints to a lender are resolved very quickly. However if you are not satisfied that the matter is not resolved you can write to Financial Ombudsman Service, South Quay Plaza, 183 Marsh Wall, London E14 9SR with full details of your complaint.
I recently had an offer accepted on a house in Huntingdon. My mortgage broker recommended their conveyancers. I paid an upfront payment of £150. A few days later, the solicitor called me sheepishly admitting that they were not on the Leeds Building Society conveyancing panel. Am I right in thinking that I should be due a refund?
You should be able to recover this from the law firm if they were not on the Leeds Building Society panel. They should have asked at the outset which lender you were obtaining a mortgage with. An important lesson to readers of this site is to check that the lawyers are on the appropriate lender panel.
Bank of Ireland have agreed my mortgage in principle, my offer on a flat in Huntingdon has been agreed to, now what?
Your property agent will wish to be informed of your solicitor's details (ensure that the conveyancing practitioners are on the lender’s panel). Contact Bank of Ireland or your financial adviser and finalise any relevant forms. Bank of Ireland will instruct a valuer who will get in contact with the estate agent or seller to arrange an appointment. Once carried out (assuming no problems) it takes on average a week to receive the mortgage offer. Bank of Ireland will send the offer to you and your lawyers. The legal work will then take it’s course according the nature and complexity of the conveyancing in Huntingdon.
Me and my brother own a renovated Georgian property in Huntingdon. Conveyancing lawyer represented me and Yorkshire Building Society. I did a free Land Registry search last week and there are a couple of entries: the first freehold, another for leasehold under the exact same property. If a house is not a freehold shouldn't I have been informed?
You need to review the Freehold register you have again and check the Charges Register for mention of a lease. The best way to be sure that you are also the registered owner of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Huntingdon and other locations in the country and poses no real issues for owners other than when they sell they have to account for both freehold and leasehold interests when dealing with purchasers. You can also question the situation with your conveyancing lawyer who completed the work.
What does commercial conveyancing in Huntingdon cover?
Commercial conveyancing in Huntingdon incorporates a broad range of guidance, supplied by qualified solicitors, relating to business property. By way of example, this type of conveyancing can cover the sale or purchase of freehold business premises or, more commonly, the assignment of existing leases or the drafting of new leasing arrangements. Commercial conveyancing solicitors can also offer advice on the sale of business assets, commercial loans and the termination of leases.
Can you offer any advice when it comes to appointing a Huntingdon conveyancing firm to carry out our lease extension conveyancing?
When appointing a solicitor for your lease extension (regardless if they are a Huntingdon conveyancing firm) it is imperative that he or she should be familiar with the legislation and specialises in this area of conveyancing. We suggest that you speak with several firms including non Huntingdon conveyancing practices prior to instructing a firm. Where the conveyancing practice is ALEP accredited then so much the better. The following questions might be helpful:
Can they put you in touch with clients in Huntingdon who can give a testimonial? What volume of lease extensions has the firm carried out in Huntingdon in the last year?
Huntingdon Conveyancing for Leasehold Flats - Sample of Questions you should consider before Purchasing
You should be aware if it is no more than eighty years it will impact the marketability of the apartment. It is worth checking with your mortgage company that they are willing to lend given the lease term. Leases with fewer than 80 years remaining means that you will most likely have to extend the lease sooner rather than later and it is worth finding out what this will be. Remember, in most cases you would need to own the premises for a couple of years before you are legally able to exercise a lease extension. How many years remain on the lease? Best to be warned whether redecorating or some other major work is due shortly to be shared amongst the leasehold owners and may well dramatically increase the the maintenance charges or require a specific payment.