Me and my partner are purchasing a leasehold flat in Ruislip Manor. My Solicitor is not listed on the mortgage company conveyancing panel. Can I still appoint my Ruislip Manor conveyancing solicitor even though they are excluded from the mortgage company panel?
You must instruct a lawyer to complete the formalities if you take out a loan to buy your home. The conveyancing practitioner will carry out all the appropriate due diligence on the property, make sure that you’re registered as proprietor and ensure that all the necessary mortgage paperwork is dealt with. One can select a Ruislip Manor solicitor of your choice. However, where the conveyancer selected is not a member of the mortgage company approved list supplemental charges will be levied as separate legal representation will be required by them. Conveyancing panel applications may be submitted, so provided your lawyer has not in the past applied for membership they should do so.
It has been 4 months since my purchase conveyancing in Ruislip Manor took place. I have checked the Land Registry website which shows that I paid £175,000 when infact I paid £160,000. 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 premises 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 looking for a leasehold apartment up to £245,000 and found one close by in Ruislip Manor I like with amenity areas and station in the vicinity, however it only has 61 remaining years left on the lease. There is not much else in Ruislip Manor suitable, so just wondered if I would be making a mistake acquiring a lease with such few years left?
If you need a home loan that many years will be an issue. Discount the offer by the expected lease extension will cost if it has not already been discounted. If the current owner has owned the property for at least twenty four months you may ask them to start the process of the extension and then assign it to you. An additional ninety years can be extended on to the current lease term and have £0 ground rent by law. You should speak to your conveyancing lawyer about this.
Hoping to buy a property located in Ruislip Manor and I am already nervous. I couldn't find anything specific about Ruislip Manor. Conveyancing will be needed in due course but do you know about the Ruislip Manor area? or perhaps some other tips you can share?
Rather than looking online forget looking online you should go and have a look at Ruislip Manor. In the meantime here are some basic statistics that we found
I have just started marketing my basement apartment in Ruislip Manor. Conveyancing is yet to be initiated, but I have recently had a yearly maintenance charge demand – Do I pay up?
It best that you pay the maintenance contribution as you normally would given that all ground rent and maintenance charges will be apportioned as part of the financial calculations for completion monies, so you should recover the relevant percentage by the purchaser for the period running from after the completion date to the next payment date. Most management companies will not acknowledge the buyer until the service charges have been paid and are up to date, so it is important for both buyer and seller for the seller to show that they are up to date. Having a clear account will assist your cause and will leave you no worse off financially.
After years of negotiations we simply can't agree with our landlord on how much the lease extension should cost for our flat in Ruislip Manor. Does the Leasehold Valuation Tribunal have jurisdiction to calculate the appropriate figures?
You certainly can. We are happy to put you in touch with a Ruislip Manor conveyancing firm who can help.
An example of a Lease Extension case for a Ruislip Manor residence is Flat 72 Queens Walk in January 2013. The Tribunals calculated the premium payable to be £22,090. This case related to 1 flat. The unexpired residue of the current lease was 53.26 years.