I have just been advised by my lender that my Upton Park the law firm I have appointed is not on the lender Conveyancing panel. What can I do to be sure that this is correct?
The sensible course of action for you to take is to contact your Upton Park conveyancer. You lawyer should inform you what has happened. Where they are not on the panel they could put your in touch with solicitors on the conveyancing panel for your mortgage company.
Can your site be used to recommend a Conveyancing solicitor in Upton Park even if I’m not buying or selling a house, for instance if I intend to acquire a shop in Upton Park with a mortgage from Bank of Scotland?
The service is mainly used to help choose residential conveyancing solicitors in Upton Park but we have listed at the end of this page some Upton Park commercial conveyancing firms. You should enquire with the firm directly to see if they can also act for Bank of Scotland
Are there restrictive covenants that are commonly picked up during conveyancing in Upton Park?
Covenants that are restrictive in nature can be picked up when reviewing land registry title as part of the process of conveyancing in Upton Park. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
I have been on the look out for a flat up to £305k and identified one near me in Upton Park I like with amenity areas and railway links in the vicinity, the downside is that it only has 61 remaining years left on the lease. I can't really find anything else in Upton Park for this price, so just wondered if I would be making a mistake acquiring a short lease?
Should you require a home loan the remaining unexpired lease term will likely be an issue. Discount the offer by the expected lease extension will cost if it has not already been discounted. If the existing proprietor has owned the premises for at least twenty four months you can request that they commence the lease extension formalities and pass it to you. You can add 90 years to the current lease and have £0 ground rent by law. You should consult your conveyancing lawyer regarding this matter.
Can you offer any advice when it comes to choosing a Upton Park conveyancing practice to carry out our lease extension conveyancing?
If you are instructing a conveyancer for your lease extension (regardless if they are a Upton Park conveyancing practice) it is most important that they be familiar with the legislation and specialises in this area of conveyancing. We advise that you speak with two or three firms including non Upton Park conveyancing practices prior to instructing a firm. Where the conveyancing practice is ALEP accredited then that’s a bonus. The following questions might be of use:
How many lease extensions have they conducted in Upton Park in the last year?
I have tried to negotiate informally with with my landlord for a lease extension without getting anywhere. Can the Leasehold Valuation Tribunal adjudicate on such matters? Can you recommend a Upton Park conveyancing firm to help?
Most certainly. We can put you in touch with a Upton Park conveyancing firm who can help.
An example of a Lease Extension case for a Upton Park property is 151A Ham Park Road in May 2010. The matter came before the Tribunal by way of a vesting order made on 12 June 2009 Deputy District Judge Coonan in Bow County Court. The tribunal decided that the sum payable for the m to be paid for the lease extension was £21,445 This case affected 1 flat.