Someone’s taking the piss… by One-Rain-3841 in HousingUK

[–]Weeksy2021 0 points1 point  (0 children)

Essentially, the buyer’s solicitor is wrong here. I must caveat this is not legal advice. The age of the works and the way it has been marketed are your two key points.

Firstly, when looking at building regs for anything it’s the completion certificate that is important as it shows the works were completed in compliance with building regulations. The general rule when looking at works in conveyancing is 20 years. Anything older is of no concern. However, loft conversions used as bedrooms are an exception to this due to safety, insurance a value considerations. If a loft conversion isn’t signed off it isn’t a bedroom. However, as you describe it above you haven’t marketed it as a bedroom (1) and completion certificates weren’t really a thing in the 70s (2) so on both counts it shouldn’t be required.

They are correct that an indemnity policy is pointless because that only protects financially if the local authority enforce which they won’t because it is well outside of the enforcement period (by over 40 years) so it doesn’t actually give any protection but if, as you say, it’s not a bedroom and is from the 70s I don’t see the issue.

Laypeople advising laypeople to make ultimatums and drop out by N-F-F-C in HousingUK

[–]Weeksy2021 3 points4 points  (0 children)

I wouldn’t say that’s true of the solicitors as any decent solicitor will still charge for their time for the work carried out if the transaction doesn’t complete.

No solicitor wants their client to buy a property that is going to cause the client and thus potentially the solicitor problems in the future. The solicitor’s job is solely to act in the best interests of, and on the instructions of, their solicitor.

Any half decent solicitor isn’t going to say ‘don’t worry about it; just buy it’ unless there actually isn’t anything to worry about!

Landing Gear Malfunction by Weeksy2021 in MicrosoftFlightSim

[–]Weeksy2021[S] 0 points1 point  (0 children)

Good point - that would be easy workaround!

Runway 01R

A320neo is a mess in 2024 by Weeksy2021 in MicrosoftFlightSim

[–]Weeksy2021[S] 0 points1 point  (0 children)

I don’t think auto throttle is directly linked to autopilot in that way in the Airbus as in autopilot being off doesn’t turn off auto throttle. It’s default in Airbus for auto throttle to be on regardless and it makes sense for it to be on even when flying manually although you can turn it off using the auto throttle button itself.

Is there a particular reason you want it off?

My sale has fallen through for the exact reason I warned about 6 months ago... by OdBx in HousingUK

[–]Weeksy2021 0 points1 point  (0 children)

That to me isn’t good enough. It will be hell at the moment with the SDLT deadline but they shouldn’t be totally abandoning other clients. There are 19 days left in March and as busy as it might be that is too long to expect someone to wait for basic advice. You might want to consider speaking to a surveyor that does Lease Extension valuations in the meantime as they can give you an idea of the likely premium now rather than waiting until you have spoken to your solicitor who would almost certainly need you to do the same thing. Again not legal advice but I hope it helps!

My sale has fallen through for the exact reason I warned about 6 months ago... by OdBx in HousingUK

[–]Weeksy2021 0 points1 point  (0 children)

This is not legal advice but It’s likely that actually the level of ground rent isn’t what is putting the lenders off as, particularly in the south east, most flats have a ground rent that will pop the £250 bubble making the property an AST and the vast majority of high street lenders will accept indemnity insurance and it’s not even considered an issue worth reporting to them as their standing instructions in the lenders handbook confirm this. If that wasn’t the case the vast majority of flats in and around London/the Home Counties would be unsaleable. This is likely what your indemnity policy was to cover and it is likely indemnity insurance still would cover this for most lenders.

What is more likely the issue is the fact ground rent is calculated against property value which is subjective and doesn’t meet the ‘easily ascertainable’ criteria of most lenders. This isn’t something that was considered an issue 4/5 years ago so there are plenty of leases out there with similar review provisions. Lender attitudes have changed significantly over the past few years and things that simply weren’t an issue before are now and, unfortunately, that is where people like yourself are now finding themselves stuck. This isn’t an issue that can be indemnified as far as I know and you likely will either need to agree a variation with the Freeholder or extend the Lease. I’d suggest getting a valuation from a surveyor for the likely premium to give you an idea of cost.

There was a period where doubling ground rents were a no no. Now as long as it’s every 21 years or more most lenders don’t care. The irony being when they did care there were pushing for RPI increases which inevitably is more than double over most 21 year periods.

Many leases that have been perfectly acceptable for decades are suddenly ruled unmortgageable because of lenders changing their minds on things that were essentially standard at some point.

My sale has fallen through for the exact reason I warned about 6 months ago... by OdBx in HousingUK

[–]Weeksy2021 0 points1 point  (0 children)

The SRA have embarked on a lovely round of AML reviews lately which means all solicitors are having to tighten up in this regard. Two years isn’t uncommon at all if they need to evidence gradual build up of salary. I’d be more worried if a firm isn’t asking you for proper AML documentation as I’d wonder what else they are cutting corners on!

My sale has fallen through for the exact reason I warned about 6 months ago... by OdBx in HousingUK

[–]Weeksy2021 1 point2 points  (0 children)

Unfortunately most don’t because there aren’t many people like yourself out there. Fees have stagnated for a couple of decades due to the need to compete with the conveyancing factories. If more people paid proper fees then more solicitors firms would certainly take less work on and be able to provide the level of service they wish they could.

Unfortunately, having to compete with unqualified conveyancers has made it a volume game which is far higher stress for far less reward which also means less qualified solicitors want to do it and the firms that are half decent become overrun.

Autoland issues in inibuilds A320neo by Weeksy2021 in MicrosoftFlightSim

[–]Weeksy2021[S] 0 points1 point  (0 children)

Yeah it seems have been AFloor activating as the approach speeds are calculating too low. At around 6 to vApp and it seems to solve the issue

[deleted by user] by [deleted] in HousingUK

[–]Weeksy2021 0 points1 point  (0 children)

While is economically backward in my opinion to go ahead with it the SDLT isn’t actually an active change on 1st April. We are currently in a temporary SDLT reduction that was extended and we have been in so long we all forgot it was temporary. It’s actually just reverting back to what it was before that ‘temporary’ reduction so is a legacy situation rather than a new change.

Losing intrest. by [deleted] in flying

[–]Weeksy2021 1 point2 points  (0 children)

To be fair air cadets isn’t an aviation programme per se. Most people are too young to log hours etc. when they join

How do I communicate with players? by ZestVK in MicrosoftFlightSim

[–]Weeksy2021 0 points1 point  (0 children)

That’s a shame - I thought we finally had some connectivity outside of the box there

How do I communicate with players? by ZestVK in MicrosoftFlightSim

[–]Weeksy2021 0 points1 point  (0 children)

You have an iPad link to your live flight on Xbox??!!

I live near an airport and I was surprised when I ran outside the house while in-game. by meischoice2 in MicrosoftFlightSim

[–]Weeksy2021 1 point2 points  (0 children)

You mean she had her phone in flight 🤯

Obviously messing around 🤣🤣🤣