Just contacted my conveyancing lawyer in Piccadilly who acted for me two years ago asking for a conveyancing quote based on the same type of house move (a leasehold residence and a freehold property) of almost identical values with a mortgage from Barnsley Building Society. It looks as though am now being charged double. Am I right to be tempted to shop around for an alternative property lawyer?
The estimate does seem a little on the high side. If you shop around you might trim some of the cost by say £125. That being said, providing that you were happy with the conveyancing the firm provided you maylive to rue choosing an an unknown conveyancer. Don't forget to enquire the firm can also act for Barnsley Building Society. Do use our search tool to get a quote a Piccadilly conveyancing firm on the Barnsley Building Society approved list of lawyers, which can often include conveyancing solicitors in Piccadilly.
I completed on my flat on 9 August and the transaction details is not yet on the land registry website. Any reason for this? My conveyancing solicitor in Piccadilly said it should be dealt with in a couple of weeks. Are properties in Piccadilly particularly slow to register?
As far as conveyancing in Piccadilly registration is no quicker or slower than anywhere else in the country. As opposed to being determined by geographic area, timescales can differ according to the party submitting the application, whether there are errors and if the Land registry must send notices to any other parties. Currently in the region of 80% of submission are fully dealt with within 12 days but some can be subject to protracted hold-ups. Registration is effected after the buyer is living at the premises so registration formalities is not always primary concern yet if there is a degree of urgency associated with the registration then you or your conveyancer could contact the land registry and explain the circumstances.
I am purchasing a new build house in Piccadilly benefiting from help to buy. The builders refused to budge the price so I negotiated 6k of fixtures and fittings instead. The sale representative advised me not reveal to my solicitor about the deal as it will jeopardize my mortgage with the lender. Should I keep quiet?.
All lenders require a Disclosure of Incentives Form from the developer 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.
I own a leasehold house in Piccadilly. Conveyancing and Nationwide Building Society mortgage organised. I have received a letter from someone saying they have taken over the freehold. Attached was a ground rent demand for rent dating back to 1998. The conveyancing solicitor in Piccadilly who acted for me is not around. Do I pay?
The first thing you should do is make enquiries of the Land Registry to be sure that the individual purporting to own the freehold is indeed the new freeholder. You do not need to instruct a Piccadilly conveyancing solicitor to do this as you can do this on the Land Registry website for less than a fiver. Rest assured that regardless, even if this is the legitimate freeholder, under the Limitation Act 1980 no more than 6 years of rent can be collected.
Having spent years of negotiations we simply can't agree with our landlord on how much the lease extension should cost for our flat in Piccadilly. Does the Leasehold Valuation Tribunal have jurisdiction to calculate the appropriate figures?
in cases where there is a missing landlord or where there is dispute about what the lease extension should cost, under the Leasehold Reform, Housing and Urban Development Act 1993 you can apply to the Leasehold Valuation Tribunal to judgment on the sum to be paid.
An example of a Lease Extension case for a Piccadilly property is Flat 1 3 Upper Belgrave Street in December 2010. The Tribunal determined that the price payablefor the Lease extension in respect of the subject premises was £2,202,007 This case related to 1 flat. The number of years remaining on the existing lease(s) was 21 years.
To what extent are Piccadilly conveyancing solicitors under an obligation to the Law Society to supply clear conveyancing figures?
Inbuilt into the Solicitors Code of Conduct are prescriptive rules and regulations as to how the Solicitors Regulation Authority (SRA) allow solicitors to publicise their fees to clients.The Law Society have a practice note giving advice on how to publicise transparent charges to avoid breaching any such rule. Practice notes are not legal advice issued by the Law Society and is not to be regarded as the only standard of good practice a conveyancing solicitor should adhere to. The Practice Note does, nevertheless, constitute the Law Society’s view of acceptable practice for publicising conveyancing charges, and accordingly it’s a recommended read for any solicitor or conveyancer in Piccadilly or further afield.