We are buying a 2 bedroom apartment in Lansbury with a mortgage. We like our Lansbury lawyer, but the bank advise she’s not on their "panel". It seems we have no choice but to use one of the mortgage company panel conveyancing practices or retain our Lansbury lawyer and pay for one of their panel firms to act for them. This feels very unfair; can we not insist that the bank use our Lansbury property lawyer ?
Unfortunately,no. The mortgage offered to you is subject to its terms and conditions, one of which will be that lawyers will on the bank’s conveyancing panel. Until recently, most lenders had large numbers of law firms on their panels: a borrower could choose one for themselves, as long as it was on the lender's panel. The lender would then simply instruct the borrower's lawyers to act for the lender, too. You can use your lender's panel lawyers or you could borrow from another lender which does not restrict your choice. A further alternative is for your Lansbury conveyancing lawyer to apply to be on the conveyancing panel.
It has been 4 months following my purchase conveyancing in Lansbury took place. I have checked the Land Registry website which shows that I paid £200,000 when infact I paid £180,000. 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 residence 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.
Is there anything unique about your site and other online quote calculators for conveyancing in Lansbury?
At this site obtain an accurate costs illustration from a Solicitor or Licensed Conveyancer that appreciates the nuances of your conveyancing in Lansbury. Unlike many estate agents and many comparison sites we do not charge firms a commission if you appoint them for your property ownership legalities in Lansbury
Am I better off to appoint a Lansbury conveyancing practitioner based in the vicinity that I am hoping to buy? An old friend can execute the conveyancing however his firm is located 200miles away.
The benefit of a high street Lansbury conveyancing practice is that you can drop in to execute documents, hand in your ID and pester them where appropriate. Having local Lansbury know how is a bonus. However it's more important to get someone that will do a good and efficient job. If if people you trust used your friend and on the whole were content that should outweigh using an unfamiliar Lansbury conveyancing lawyer just because they are Lansbury based.
I am in need of some leasehold conveyancing in Lansbury. Before diving in I require certainty as to the number of years remaining on the lease.
If the lease is recorded at the land registry - and most are in Lansbury - then the leasehold title will always include the basic details 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 the Leasehold Valuation Tribunal adjudicate on such issues? Can you recommend a Lansbury conveyancing firm to represent me?
Where there is a absentee freeholder or where there is disagreement about the premium for a lease extension, under the relevant legislation it is possible to make an application to the Leasehold Valuation Tribunal to assess the premium.
An example of a Vesting Order and Purchase of freehold matter before the tribunal for a Lansbury property is Ground Floor Flat 4A Baronet Road in February 2010. Following a vesting order by Edmonton County Court on 23rd December 2008 (case number 8ED064) the Tribunal decided that the price that the Applicant for the freehold interest should pay is £8,689.00 This case affected 2 flats. The unexpired term as at the valuation date was 80.01 years.