Am I correct in assuming that the fact that my solicitor in Par is not listed on my bank's conveyancing panel that there is a problem with the standard of his conveyancing?
It would not be wise to jump to that conclusion. There are all sorts of perfectly plausible explanations. Just recently a report by the solicitors regulator indicated that over three quarters of law firms surveyed had been removed from at least one lender panel. The top 5 reasons are as follows: (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. Where you are concerned you should simply call the Par conveyancing practice and enquire why they are no longer on the approved list for your lender.
We just had an offer accepted to purchase with Melton Mowbray Building Society. I went into a few local companies yet cant to find a Par conveyancing firm on the Melton Mowbray Building Society approved list. Could you assist?
Please do make use of the search tool on this page. Please choose the lender and type Par or your location and you will be presented with a number of lawyer based in Par or by proximity to you.
I'm purchasing my first flat in Par with a mortgage from Clydesdale. The builders refused to budge the amount so I negotiated 6k of additionals instead. The property agent suggested that I not disclose to my conveyancer about this extras as it may adversely affect my loan with Clydesdale. Is this normal?.
All lenders require a Disclosure of Incentives Form from the builder of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.
Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.
Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.
Having had my offer accepted I require leasehold conveyancing in Par. Before I get started I want to be sure as to the remaining lease term.
If the lease is registered - and most are in Par - then the leasehold title will always include the short particulars 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 own a basement flat in Par, conveyancing having been completed May 2003. Can you shed any light on how much the price could be for a 90 year extension to my lease? Similar properties in Par with over 90 years remaining are worth £201,000. The average or mid-range amount of ground rent is £45 per annum. The lease runs out on 21st October 2090
With only 65 years unexpired we estimate the premium for your lease extension to range between £13,300 and £15,400 as well as legals.
The suggested premium range above a general guide to costs for extending a lease, but we cannot give you a more accurate figure without more detailed investigations. You should not use this information in tribunal or court proceedings. There are no doubt additional concerns that need to be considered and clearly you should be as accurate as possible in your negotiations. Neither should you move forward based on this information before getting professional advice.
How do I find the right lawyer for my conveyancing in Par ?
First ask the people you trust who they would recommend. Second, search the internet for conveyancing in Par. Phone a couple or more firms from the list and ask them to email you their conveyancing quote and discuss your needs with the solicitor who will conduct your conveyancing before you make your choice. Third is to make use of our search tool to assist you in finding the right solicitors taking into account your unique requirements including location,speed, complexity and who your intended lender is.Avoid the trap of appointing lowest cost conveyancing solicitors in Par