Is the fact that my conveyancer in Barbican is not identified on my mortgage company's solicitor panel that there is a problem with the standard of his conveyancing?
It would be unwise to jump to that conclusion. There are all sorts of perfectly reasonable explanations. Just recently a report by the solicitors regulator revealed that over three quarters of law firms surveyed had been removed from at least one lender panel. The most common reasons for removal are: (1) low volume of transactions (2) the lawyer is a sole practitioner (3) as part of the HSBC panel reduction (4) regulatory contact by SRA (5) accidental removal. If you are concerned you should simply call the Barbican conveyancing firm and enquire why they are no longer on the approved list for your lender.
Finally the sale completed on my house in Barbican last September but our buyer keeps texting daily to moan that her solicitor is waiting to hear from mine. What are the post completion sale formalities following completion?
After completion of your disposal your conveyancer is committed to send the transfer documentation and all additional paperwork to the buyer’s solicitors. If applicable, your lawyer must also evidence that the home loan has been paid off to the buyers lawyers. There are no post completion requirements unique to conveyancing in Barbican.
Due to the guidance of my in-laws I had a survey completed on a property in Barbican ahead of appointing conveyancers. I have been told that there is a flying freehold overhang to the house. The surveyor advised that some mortgage companies will not give a mortgage on this type of property.
It varies from the lender to lender. HSBC has different requirements from Nationwide. Should you wish to telephone us we can look into this further via the relevant lender. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Barbican. Conveyancing may be slightly more expensive based on your lender's requirements.
Back In 2000, I bought a leasehold flat in Barbican. Conveyancing and Accord Mortgages Ltd mortgage organised. A letter has just been received from someone claiming to own the freehold. Attached was a demand for arrears of ground rent dating back to 1991. The conveyancing practitioner in Barbican who acted for me is not around. What should I do?
The first thing you should do is contact the Land Registry to be sure that this person is indeed the registered owner of the freehold reversion. There is no need to incur the fees of a Barbican conveyancing firm to do this as you can do this on the Land Registry website for £3. Rest assured that in any event, even if this is the rightful freeholder, under the Limitation Act 1980 no more than 6 years of rent can be collected.
I have attempted and failed to negotiate with my landlord for a lease extension without success. Can the Leasehold Valuation Tribunal decide on such matters? Can you recommend a Barbican conveyancing firm to act on my behalf?
Absolutely. We are happy to put you in touch with a Barbican conveyancing firm who can help.
An example of a Lease Extension decision for a Barbican premises is 137 & 139 Haberdasher Street in December 2013. The Tribunal determines in accordance with section 48 and Schedule 13 of the Leasehold Reform, Housing and Urban Development Act 1993 that the premium for the extended lease for each Property should be £12,350.00. This case was in relation to 2 flats. The unexpired term was 72.39 years.
At long last our conveyancing in Barbican completes this Friday, however the couple I am buying off has asked to vacate on the Saturday noon. Do I accept this?
In situations where you need a loan then your property lawyer will demand that the property isvacant on Friday - the lending institution will require it.