I'm in the process of switching my domestic mortgage to a BTL Nottingham Building Society mortgage. I have been informed by my broker that I must appoint a lawyer as part of the process. I got in contact with my former Old Ford conveyancing solicitor who who completed the conveyancing when I previously purchased the house. The quote they've given of £450 plus VAT is surprising as I am not require purchase conveyancing - it’s simply a bog-standard refinance.
The charges appear a tad high. Where you are prepared to invest time contrasting charges you could trim some of the expense by as much as £125. That being said, assuming were happy with the conveyancing the firm gave you maycome to regret choosing an an untested solicitor. Don't forget to be sure the conveyancer can also act for Nottingham Building Society. Do utilise our search tool to choose a Old Ford conveyancing firm on the Nottingham Building Society approved list of lawyers, which can often include conveyancing solicitors in Old Ford.
Do I need to have a meeting at the offices of the solicitor to sign the legal charge? If so, I will appoint a lawyer who conducts conveyancing in Old Ford so that I can pop in to their offices if necessary.
These days approved lawyers for lenders conduct all of the communications via the post, internet or over phone calls. This means that they can undertake the legal work for your home move no matter where you live in the country. Nevertheless you can check if you can still book an appointment to visit conveyancing lawyer if needed.
A colleague advised me that in buying a property in Old Ford there may be a number of restrictions limiting what one can do in terms of external changes to a property. Is this right?
We are aware of anumerous of properties in Old Ford which have some sort of restriction or requirement of consent to carry out external changes. Part of the conveyancing in Old Ford should determine what restrictions are applicable and advising you as part of a ROT that should be sent to you.
We were going to get a AIP from Kent Reliance this week so we know how much we could potentially offer as otherwise we are dependent on web based calculators (which aren't taking into account credit checks etc). Do Kent Reliance recommend any Old Ford solicitors on the Kent Reliance conveyancing panel, or is it better to go independently?
You will need to appoint Old Ford solicitors independently although you'll need to choose one on the Kent Reliance conveyancing panel. The solicitor represents both you and Kent Reliance through the process.
After weeks of negotiation I have agreed a price on an apartment in Old Ford. My financial adviser pressured me to appoint their conveyancer. I paid an advanced payment of £225. A couple of days later, the conveyancing practitioner contacted me embarrassingly acknowledging that they were not on the Principality 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 Principality 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.
Me and my brother own a semi-detached Victorian house in Old Ford. Conveyancing practitioner represented me and Bank of Scotland. I happened to do a free search for it on the Land Registry database and I saw two entries: the first freehold, another for leasehold with the matching property. If a house is not a freehold shouldn't I have been informed?
You should read 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 Old Ford and other locations in the country and poses no real issues for owners other than when they remortgage they have to account for both freehold and leasehold interests when dealing with purchasers. You can also question the position with your conveyancing solicitor who conducted the purchase.
My wife and I purchased a leasehold flat in Old Ford. Conveyancing and Bank of Scotland mortgage organised. A letter has just been received from someone claiming to own the reversionary interest in the property. It included a ground rent demand for rent dating back to 1994. The conveyancing practitioner in Old Ford who previously acted has long since retired. Any advice?
First contact HMLR to be sure that this person is in fact the registered owner of the freehold reversion. It is not necessary to instruct a Old Ford conveyancing solicitor to do this as it can be done on-line for a few pound. Rest assured that regardless, even if this is the legitimate landlord, under the Limitation Act 1980 the limitation period for recovery of ground rent is six years.
I have tried to negotiate informally with with my landlord for a lease extension without success. Can I apply to the Leasehold Valuation Tribunal? Can you recommend a Old Ford conveyancing firm to help?
Where there is a absentee landlord or if there is dispute about what the lease extension should cost, under the relevant legislation it is possible to make an application to the First-tier Tribunal (Property Chamber) to decide the premium.
An example of a Freehold Enfranchisement case for a Old Ford premises is 26 Rhondda Grove in June 2009. The net price payable by the leaseholders as determined by the Tribunal was £3,015.13. This comprised £11,300 premium for the reversion less £8,284.87 costs as ordered by the County Court.