We are purchasing a 1 bedroom flat in Cubitt Town with a mortgage. We have a Cubitt Town conveyancer, however the mortgage company advise he's not on their "panel". We have to appoint one of the bank panel solicitors or retain our Cubitt Town conveyancing practitioner and pay for one of their panel ones to act for them. This feels very unfair; are we not able to insist that the lender use our Cubitt Town conveyancer ?
No, not really. Your mortgage offer is subject to its terms and conditions, one of which will be that lawyers will on the lender’s conveyancing panel. Until recently, most lenders had large numbers of law firms on their panels: a borrower could choose one for themselves, as long as it was on the lender's panel. The lender would then simply instruct the borrower's lawyers to act for the lender, too. You can use your lender's panel lawyers or you could borrow from another lender which does not restrict your choice. A further alternative is for your Cubitt Town conveyancing solicitor to apply to be on the conveyancing panel.
Do the conveyancing solicitors identified via your search tool carry out attended exchange conveyancing in Cubitt Town?
There are a few conveyancing specialists carrying out personalised exchanges. You should contact us to secure a fee calculation and details as to dates.
Should commercial conveyancing searches reveal proposed roadworks that could impact a commercial estate in Cubitt Town?
Many commercial conveyancing solicitors in Cubitt Town will carry out a SiteSolutions Highways report as it dramatically cuts the time that conveyancers invest in researching accurate data on highways that impact buildings and development assets in Cubitt Town. The search result provides definitive data on the adoption status of roads, footpaths and verges, as well as the implication of traffic schemes and the rights of way surrounding a commercial development sites in Cubitt Town.
For each commercial conveyancing transaction in Cubitt Town it is crucial to investigate the adoption status of roads surrounding a site. The absence of identifying developments where adoption procedures have not been addressed adequately may result in delays to Cubitt Town commercial conveyancing transactions as well as present a risk to future plans for the site. These searches are not carried out for domestic conveyancing in Cubitt Town.
It has been 4 months following my purchase conveyancing in Cubitt Town concluded. I have checked the Land Registry site which shows that I paid £150,000 when infact I paid £170,000. 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 residence 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.
In what way can the Landlord & Tenant Act 1954 affect my commercial property in Cubitt Town and how can your lawyers assist?
The 1954 Act gives security of tenure to commercial leaseholders, granting the legal entitlement to apply to court for a continuation of occupancy at the end of the lease term. There are certain specified grounds where a landlord can refrain from granting a lease renewal and the rules are involved. We are happy to direct you to commercial conveyancing firms who use the act to your advantage and help with commercial conveyancing in Cubitt Town