We just had an offer accepted to purchase with Earl Shilton BS. I called into a couple of local companies yet am unable to find a Bedford Park conveyancing firm on the Earl Shilton BS panel. Please you help?
Feel free to make the most of the find a lender approved solicitor tool on this page. Please choose the building society and type Bedford Park or your location and you will see a number of lawyer based in Bedford Park or by proximity to you.
What can a local search tell me about the house we're purchasing in Bedford Park?
Bedford Park conveyancing often starts with the ordering local authority searches directly from your local Authority or via a personal search organisations for example Searches UK The local search is essential in every Bedford Park conveyancing purchase; that is if you don’t want any unpleasant once you have moved into your new home. The search will reveal data on, amongst other things, details on planning applications applicable to the property (whether granted or refused), building control history, any enforcement action, restrictions on permitted development, nearby road schemes, contaminated land and radon gas; in all a total of thirteen subject areas.
How does conveyancing in Bedford Park differ for new build properties?
Most buyers of new build or newly converted property in Bedford Park come to us having been asked by the housebuilder to sign contracts and commit to the purchase even before the property is finished. This is because new home sellers in Bedford Park typically purchase the real estate, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct property lawyers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are used to new build conveyancing in Bedford Park or who has acted in the same development.
I have just appointed agents to market my garden flat in Bedford Park. Conveyancing has not commenced, however I have just received a yearly maintenance charge invoice – Do I pay up?
Your conveyancing lawyer is likely to suggest that you should pay the service charge as normal as all rents and service payments will be apportioned on completion, so you will be reimbursed by the buyer for the period running from after the completion date to the next payment date. Most managing agents will not acknowledge the buyer until the service charges have been paid and are up to date, so it is important for both buyer and seller for the seller to show that they are up to date. This will smooth the conveyancing process.
After months of dialogue we simply can't agree with our landlord on how much the lease extension should cost for our flat in Bedford Park. Can we issue an application to the Residential Property Tribunal Service?
You certainly can. We are happy to put you in touch with a Bedford Park conveyancing firm who can help.
An example of a Freehold Enfranchisement matter before the tribunal for a Bedford Park flat is 169 Southfield Road in September 2013. the tribunal decided that the premium to be paid in respect of the collective enfranchisement should be £51,203 This case was in relation to 2 flats. The unexpired term was 64.64 years.
My step-son is embarking on her first house purchase, the home loan was agreed last week in principle. After the offer was accepted on house we contacted the mortgage company to move forward with his. I was shocked to hear that mortgage lenders do not accept all property lawyer, they must be on their panel, is this legal?
Banks ordinarily imposes restrictions either the type or the number of conveyancing firms on their panel. Typical examples of such restriction(s) being that a firm must have two or more partners. In addition to restricting the type of firm, some have decided to limit the number of firms they use to represent them. You should note that banks have no responsibility for the quality of advice provided by any Bedford Park solicitor on their panel. Mortgage fraud was a key driver in the rationalisation of conveyancing panels a few years ago and whilst there are differing views about the extent of solicitor involvement in some of that fraud. Statistics from the Land Registry reveal that thousands of law firms only carry out one or two conveyances a year. Those supporting conveyancing panel cuts ask why law firms should have the right to be on a Lender panel when clearly, conveyancing is not their speciality. To put it another way; would you want a conveyancing solicitor to represent you if you were charged with a crime? Unlikely.