Am I correct in assuming that the fact that my solicitor in Netherne is not listed on my bank's solicitor panel that there is a problem with the standard of her conveyancing?
That would most likely be a wrong assumption to make. There are all sorts of perfectly plausible explanations. Just recently a report by the solicitors regulator revealed 76% of law firms surveyed had been removed from at least one lender panel. The most common reasons for removal are: (1) lack of transactions (2) the solicitor is a sole practitioner (3) as part of the HSBC panel reduction (4) regulatory contact by SRA (5) accidental removal. Should you be concerned you should simply call the Netherne conveyancing practice and enquire why they are no longer on the approved list for your bank.
Please could you recommend a Britannia allowed Netherne conveyancing lawyer that can complete within a very limited time frame? Would it be better to use a high street Netherne solicitor or an online firm?
We can recommend some very good Netherne conveyancing firms. You can also walk up the main road in Netherne. Visit two or three firms and request to speak with a conveyancing solicitor for a costs illustration. Mention your deadline together with the reasons and ask for an assurance on your deadline. Choose the lawyer that you are most comfortable with.
What does a local search reveal concerning the property I am purchasing in Netherne?
Netherne conveyancing often starts with the submitting local authority searches directly from your local Authority or via a personal search company for instance PSG The local search plays an important part in many a Netherne conveyancing purchase; that is if you don’t want any unpleasant surprises after you move into your new home. The search should reveal information on, amongst other things, details on planning applications applicable to the premises (whether granted or refused), building control history, any enforcement action, restrictions on permitted development, nearby road schemes, contaminated land and radon gas; in all a total of 13 topic areas.
It has been 2 months following my purchase conveyancing in Netherne completed. I have checked the Land Registry site which shows that I paid £200,000 when infact I paid £215,000. 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 employed by a busy estate agency in Netherne where we have experienced a number of flat sales jeopardised due to short leases. I have been given conflicting advice from local Netherne conveyancing solicitors. Please can you clarify whether the owner of a flat can instigate the lease extension formalities for the buyer?
Provided that the seller has been the owner for at least 2 years it is possible, to serve a Section 42 notice to commence the lease extension process and assign the benefit of the notice to the purchaser. The benefit of this is that the buyer need not have to sit tight for 2 years for a lease extension. Both sets of lawyers will agree to form of assignment. The assignment needs to be completed prior to, or at the same time as completion of the sale.
Alternatively, it may be possible to extend the lease informally by agreement with the landlord either before or after the sale. If you are informally negotiating there are no rules and so you cannot insist on the landlord agreeing to grant an extension or transferring the benefit of an agreement to the purchaser.
My wife and I have hit a brick wall in seeking a lease extension in Netherne. Can this matter be resolved via the Leasehold Valuation Tribunal?
Where there is a absentee landlord or if there is disagreement about the premium for a lease extension, under the Leasehold Reform, Housing and Urban Development Act 1993 you can apply to the First-tier Tribunal (Property Chamber) to judgment on the sum to be paid.
An example of a Freehold Enfranchisement case for a Netherne premises is 223 Brighton Road in September 2013. The premium payable for the acquisition freehold of the properties should be £10,934 (Ten thousand,nine hundred and thirty four pounds) This case related to 3 flats. The unexpired residue of the current lease was 75 years.