I am purchasing a maisonette in Twickenham. My property lawyer has never been on on the bank approved list. Am I still permitted to continue with my Twickenham conveyancing solicitor even though they are excluded from the mortgage company panel?
You have a couple of options open to you here
- Complete the deal with your chosen Twickenham conveyancer but your lender will no doubt appoint a conveyancing practitioner from their conveyancing panel. The net result is additional fees together with probable frustration.
- Choose a fresh conveyancer to conduct the conveyancing, making sure they are on the mortgage company conveyancing panel.
- Convince your conveyancing practitioner to attempt to join the bank panel
I have given 2 months notice to my current landlord and must leave my let out flat in Twickenham by the end of next month. Conveyancing for my house purchase has just started. Is it possible to complete in three weeks as I wish to avoid having to find short term accommodation?
It is unwise to serve notice on a rental unless you have exchanged. Assuming that you have not already done so, update to your lawyer and request that they seek the assistance the other side, try to get a realistic time scale from them that everyone will look towards
My fiance and I wish to acquire a 2 bedroom apartment in Twickenham with a loan from Yorkshire Building Society.We have a Twickenham conveyancing practitioner but Yorkshire Building Society advised that her practice is not on their approved list of firms. We have to appoint a Yorkshire Building Society panel lawyer or retain our preferred solicitor and fork out for one of their panel ones to act for them. We feel as though this is unjust; Can we not simply insist that Yorkshire Building Society use our lawyer?
No, not really. The home loan offered to you is subject to its terms and conditions, a common one being that solicitors will be on the Yorkshire Building Society conveyancing panel. in the past, most banks had large numbers of law firms on their panels: a borrower could find one for themselves, as long as it was on the lender's panel. The lender would then simply instruct the borrower's lawyers to act for the lender, too. You can use your lender's panel lawyers or you could borrow from another lender which does not restrict your choice. A further alternative is for your lawyer to apply to be on the conveyancing panel for Yorkshire Building Society
Yesterday I discovered that there is a flying freehold element on a house I have offered on a fortnight ago in what should have been a simple, chain free conveyancing. Twickenham is where the house is located. Is there any advice you can impart?
Flying freeholds in Twickenham are rare but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Twickenham you must be sure that your lawyer goes through the deeds diligently. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Twickenham may ascertain that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold premises.
In what way does the Landlord & Tenant Act 1954 impact my commercial offices in Twickenham and how can your lawyers assist?
The particular law that you refer to gives security of tenure to commercial leaseholders, granting the a statutory right to apply to court for a continuation of occupancy at the end of an expired lease. There are limited grounds where a landlord can refrain from granting a lease renewal and the rules are complicated. Fees are different for commercial conveyancing. Twickenham is one of our numerous locations in which our lawyers are located
My uncle has suggested that I appoint his conveyancers in Twickenham. Should I choose my own property lawyer?
No doubt the ideal way to choose a conveyancing lawyer is to seek guidance from friends or relatives who have actually previously instructed the solicitor you're considering.