We are looking to buy a property and require a conveyancing solicitor in Leigh On Sea who is on the TSB solicitor panel. Can you recommend a local firm?
Our service is limited to being a directory service for firms who wish to be listed as being on the approved conveyancing panel for TSB . We don't recommend any particular firms conducting conveyancing in Leigh On Sea.
is it true that all Leigh On Sea solicitors on the Clydesdale conveyancing panel are overseen by the Solicitors Regulatory Authority?
As a firm of solicitors, in order to be on the Clydesdale conveyancing panel they would need to be governed by the SRA. The majority of banks do permit licenced conveyancers on their panel and in that case the organisation would be regulated by the CLC.
We have agreed to purchase a house in Leigh On Sea. A rare aspect is that the roof has a solar panel. Co-operative have issued a mortgage offer so presumably this is not a concern to them. Why is my solicitor raising questions about the panel?
As your lender is Co-operative your lawyer must check the conveyancing requirements set out in Section 2 of UK Finance Lenders’ Handbook for Co-operative. The Council of Mortgage Lenders’ Handbook stipulates minimum requirements for solar panel roof-space leases, and conveyancers are required to report to Co-operative where a lease does not meet these requirements. The specifications relate to the installation of panels on properties in England and Wales and is not limited to Leigh On Sea.
It is not clear whether my mortgage offer obliges me to make sure the lease term for the flat is extended prior to the completion date. I have called into my local Leigh On Sea bank branch on various occasions and was told it wasn't an issue and they will lend. My Leigh On Sea conveyancing solicitor - who is on the lender conveyancing panel- telephoned and was told they refuse to lend based on their specific requirements. I simply don't know who is right.
The property lawyer must comply with the CML Handbook section two conditions for your bank. Unless your lawyer obtains specific confirmation in writing that the lender will go ahead, your lawyer has no choice but to refrain from exchanging contract and committing you to the purchase. We would suggest that you ask the lender to contact your lawyer in writing confirming that they will accept the number of years left on the lease.
I own a renovated Georgian house in Leigh On Sea. Conveyancing lawyer acted for me and Aldermore. I happened to do a free search for it on the Land Registry database and there are a couple of entries: one for freehold, the second leasehold under the exact same property. Is it worth asking Aldermore to clarify?
You need to read the Freehold register you have again and check the Charges Register as there may be mention of a lease. The best way to be sure that you are also the registered owner of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Leigh On Sea and other locations in the country and poses no real issues for owners other than when they sell they have to account for both freehold and leasehold interests when dealing with lenders. You can also check the situation with your conveyancing practitioner who carried out the work.
How do I use the search app to select a conveyancing lawyer in Leigh On Sea on the authorised to act for my bank?
Step one is to choose a mortgage company such as Accord Mortgages Ltd, Bank of Scotland or Britannia then specify your location a common one being Leigh On Sea. Conveyancing organisations in Leigh On Sea and further afield should be shown.
I am in need of some leasehold conveyancing in Leigh On Sea. Before I set the wheels in motion I require certainty as to the remaining lease term.
If the lease is recorded at the land registry - and most are in Leigh On Sea - 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 invested in buying a basement flat in Leigh On Sea, conveyancing was carried out March 1998. Can you please calculate a probable premium for a statutory lease extension? Equivalent flats in Leigh On Sea with over 90 years remaining are worth £211,000. The average or mid-range amount of ground rent is £50 per annum. The lease comes to an end on 21st October 2092
With only 68 years left to run we estimate the premium for your lease extension to range between £9,500 and £11,000 plus legals.
The suggested premium range that we have given is a general guide to costs for extending a lease, but we cannot give you the actual costs in the absence of comprehensive investigations. You should not use the figures in tribunal or court proceedings. There may be additional concerns that need to be taken into account and clearly you should be as accurate as possible in your negotiations. Please do not take any other action placing reliance on this information before seeking the advice of a professional.