Are all New Cross Conveyancing Quality Solicitors on the Yorkshire BS conveyancing list of approved practices?
It is true that some lenders now use the accreditation scheme as the kick off point for Panel approval such as HSBC and Santander. The Law Society’s CQS membership however gives no guarantee to lender panel acceptance. That being said,the Council of Mortgage Lenders have indicated that it is likely to become a pre-requisite for solicitors wishing to join their approved list of conveyancing solicitors.
We are getting the release of further monies on our mortgage from Barclays as we intend to carry out renovations to our home in New Cross. Are we obliged to appoint a bricks and mortar New Cross solicitor on the Barclays conveyancing panel to handle the paperwork?
Barclays don't usually appoint a member of their approved list of lawyers to deal with such a matter. If they do require any legal work then you would need to ensure that such a lawyer was on the Barclays conveyancing panel.
We have agreed to purchase a house in New Cross. A rare aspect is that the roof has a solar panel. Solicitors conducting should look into this right? Will my lender Kent Reliance be concerned?
Given that your lender is Kent Reliance your lawyer must comply with the conveyancing instructions outlined in Section two of UK Finance Lenders’ Handbook for Kent Reliance. The Council of Mortgage Lenders’ Handbook sets out minimum provisions for solar panel roof-space leases, and conveyancers are required to report to Kent Reliance where a lease does not satisfy these conditions. The specifications relate to the installation of panels on properties in England and Wales and is not limited to New Cross.
I appreciate that there are debates on Chancel Insurance on online forums. Am I compelled to take this when acquiring a residence in New Cross? or I am told that there is an ancient law that means some owners of property residing in a parish church boundary will be compelled to pay for maintenance towards the chancel within the church. Is this a legitimate concern for conveyancing in New Cross?
Unless a previous purchase of the property completed after 12 October 2013 you can assume that conveyancing practitioners carrying out conveyancing in New Cross to continue to suggest a chancel search and or insurance against a claim.
The estate agent has sent us the confirmation of our purchase of a new build flat in New Cross. Conveyancing is necessary evil at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build conveyancing.
Set out below is a sample of a selection of leasehold new build questions that you may expect your new-build leasehold conveyancing in New Cross
-
Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose? The Lease must contain a provision on behalf of the Vendor to pay the service charges in respect of unoccupied units in order to ensure that all services can be provided. Where service of notices and proceedings can be at the property demised please confirm that this can be amended to include simultaneous services at the Lessees’ solicitors’ offices where the Lessee from time to time is not resident in the UK - such solicitors may be varied by notice in writing to the Landlord from time to time but otherwise will be as previously specified. Forfeiture - bankruptcy or liquidation must not apply under this provision. If there are lifts in the building, please confirm that the owners of flats on the ground and basement floors will not be required to contribute towards the cost of maintenance and renewal.
I have been on the look out for a ground for flat up to £245,000 and found one round the corner in New Cross I like with open areas and transport links nearby, the downside is that it only has 52 years on the lease. I can't really find anything else in New Cross for this price, so just wondered if I would be making a grave error buying a lease with such few years left?
Should you require a home loan the shortness of the lease may be a potential deal breaker. Reduce the price by the expected lease extension will cost if not already taken into account. If the existing owner has owned the property for at least twenty four months you can request that they commence the lease extension formalities and pass it to you. An additional ninety years can be extended on to the current lease term with a zero ground rent applied. You should consult your conveyancing solicitor about this.
As co-executor for the estate of my uncle I am disposing of a residence in Neath but live in New Cross. My lawyer (approximately 260 kilometers awayneeds me to sign a statutory declaration prior to the transaction finalising. Can you recommend a conveyancing lawyer in New Cross to witness this legal document for me?
strictly speaking you should not be required to have the documents attested by a conveyancing solicitor. Ordinarily or notary public or qualified solicitor will do regardless of whether they are New Cross based