I am expecting a offer of a home loan from Halifax. I intend to employ the services of a Licensed Conveyancer in Chipstead. Does the Halifax Solicitor panel exclude Licensed Conveyancers?

The Halifax conveyancing panel is, like many other lenders, represented by the CML or Building Society Association, open to Licensed Conveyancers regulated by the CLC.

My mortgage company has recommended a law firm on their panel based in Chipstead but I would rather use a conveyancing lawyer in Chipstead or nearer to where I live. Are you able to assist?

Far from all Chipstead conveyancing solicitors are listed all banks conveyancing panel. Use the above find an approved solicitor tool to locate a Chipstead conveyancing firm on the on the lender panel.

Despite weeks of looking the Title Certificate and documents to our home are lost. The conveyancers who conducted the conveyancing in Chipstead 10 years ago have long since closed. What are my options?

Assuming you have a registered title the details of your proprietorship will be documented by HMLR with a Title Number. It is possible to carry out a search at the Land Registry, identify your house and obtain current copies of the property title for less than a fiver. If the title is Leasehold then the Land Registry will in most cases hold a file copy of the Registered Lease and again, a copy can be retrieved for a small fee.

I have been on the look out for a flat up to £235,500 and identified one round the corner in Chipstead I like with a park and railway links nearby, the downside is that it only has 51 years on the lease. There is not much else in Chipstead suitable, so just wondered if I would be making a grave error acquiring a lease with such few years left?

If you need a home loan that many years will likely be problematic. Discount the offer by the anticipated lease extension will cost if it has not already been discounted. If the existing owner has owned the premises for at least twenty four months you could request that they start the process of the extension and then assign it to you. You can add 90 years to the current lease term and have £0 ground rent by law. You should speak to your conveyancing solicitor concerning this.

Our conveyancer has advised that he intends to complete and exchange simultaneously on the disposal of our £325,000 flat in Chipstead in 10 days. The landlords agents has quoted £372 for Landlord’s certificate, insurance certificate and previous years statements of service charge. Is it legal for a freeholder to charge such fees for a flat conveyance in Chipstead?

For most leasehold sales in Chipstead conveyancing will involve, queries regarding the management of a building inevitably needing to be answered directly by the freeholder or its agent, this includes :

Answering pre-exchange enquiries Where consent is required before sale in Chipstead Supplying insurance information Deeds of covenant upon sale Registering of the assignment of the change of lessee after a sale

Your conveyancer will have no control over the level of the charges for this information but the average costs for the information for Chipstead leasehold premises is £350. For Chipstead conveyancing transactions it is customary for the seller to pay for these costs. The landlord or their agents are under no legal obligation to answer such questions most will be willing to do so - albeit often at exorbitant prices where the fees bear little relation to the work involved. Unfortunately there is no law that requires fixed charges for administrative tasks. Neither is there any legal time frame by which they are obliged to supply the information.

I have had difficulty in seeking a lease extension in Chipstead. Can the Leasehold Valuation Tribunal adjudicate on premiums?

in cases where there is a missing landlord or if there is dispute about what the lease extension should cost, under the relevant legislation it is possible to make an application to the Leasehold Valuation Tribunal to calculate the price payable.

An example of a Freehold Enfranchisement decision for a Chipstead premises is 223 Brighton Road in September 2013. The premium payable for the acquisition freehold of the properties should be £10,934 (Ten thousand,nine hundred and thirty four pounds) This case was in relation to 3 flats. The unexpired residue of the current lease was 75 years.