I have just been advised by my IFA that my Newcastle upon Tyne solicitor is not on the lender Conveyancing panel. What can I do to check?
You need to contact your Newcastle upon Tyne lawyer directly. You lawyer should notify you of the situation. If they are not on the panel they could put your in touch with solicitors on the approved list of lawyers for your mortgage company.
My brother and I have lately purchased a property in Newcastle upon Tyne. We have since encountered a number of problems with the property which we suspect were overlooked in the conveyancing searches. What action can we take? Can you clarify the nature of searches that should have been carried out for conveyancing in Newcastle upon Tyne?
The question is not clear as to the nature of the problems and if they are specific to conveyancing in Newcastle upon Tyne. Conveyancing searches and investigations undertaken during the legal transfer of property are designed to help avoid problems. As part of the legal transfer of property, a seller completes a questionnaire called a Seller’s Property Information Form. answers turns out to be misleading, you could possibly take legal action against the vendor for any losses that you have suffered. The survey should have identified any problems with the structure of the property. Assuming a detailed survey was carried out and the issues were not identified, you may have a claim against the surveyor. However, if you did not have a full survey, you may be responsible for fixing any defects that have now been noted. We would always encourage buyers to take every possible step to ensure they are completely aware of the condition of a property before purchase regardless of whether they are buying in Newcastle upon Tyne.
We are expecting a mortgage offer soon. The bank mentioned the mortgage came with free conveyancing. Is the implication that I have to use their panel lawyer as I would prefer to appoint a Newcastle upon Tyne based conveyancing firm?
You should check but the chances are that appoint one of their panel conveyancers if you take up the "fee-free" incentive. Contact the lender to check if they allow a cash alternative. In the past a few mortgage companies offered a £250 cashback as an alternative in which case that money can go towards your preferred conveyancing solicitor near Newcastle upon Tyne.
I am looking into buying my first house which is in Newcastle upon Tyne and I am already nervous. I couldn't find anything specific about Newcastle upon Tyne. Conveyancing will be needed in due course but do you know about the Newcastle upon Tyne area? or perhaps some other tips you can share?
Rather than looking online forget looking online you should go and have a look at Newcastle upon Tyne. In the meantime here are some basic statistics that we found
My wife and I purchased a leasehold flat in Newcastle upon Tyne. Conveyancing and Britannia mortgage are in place. A letter has just been received from someone saying they have taken over the reversionary interest in the property. Attached was a demand for arrears of ground rent dating back to 1993. The conveyancing solicitor in Newcastle upon Tyne who previously acted has now retired. Do I pay?
The first thing you should do is make enquiries of HMLR to make sure that the individual claiming to own the freehold is indeed the registered owner of the freehold reversion. There is no need to instruct a Newcastle upon Tyne conveyancing practitioner to do this as it can be done on-line for a few pound. You should note that in any event, even if this is the rightful landlord, under the Limitation Act 1980 the limitation period for recovery of ground rent is six years.
Newcastle upon Tyne Leasehold Conveyancing - Sample of Questions you should ask Prior to buying
Plenty Newcastle upon Tyne leasehold apartments will have a service charge for the upkeep of the building set by the landlord. If you buy the property you will have to meet this liability, usually in instalments accross the year. This could be anything from a couple of hundred pounds to thousands of pounds for large purpose-built buildings. In all probability there will be a ground rent to be met annual, normally this is not a large sum, say about £50-£100 but you should to check it because on occasion it could be surprisingly expensive. In the main the cost for major works are not built into the maintenance charges, although a few managing agents in Newcastle upon Tyne ask leaseholders to pay into a sinking fund created for the specific purpose of building a fund for larger repairs or maintenance. It would be wise to discover if the the lease includes any adverse restrictions in the lease. For instance some leases prohibit pets being allowed in in a block in Newcastle upon Tyne. If you love the apartmentin Newcastle upon Tyne but your cat can’t make the move with you then you will be presented with a difficult choice.