Do I have to attend the offices of the solicitor to execute the legal charge? If so, I will instruct a firm who offer conveyancing in Balham so that I can attend their offices when needed.
As opposed to 12 years ago, almost all mortgage companies no longer require their conveyancing panel solicitor to witness the borrowers signature. You will still be obliged to supply identification documents and there are still distinct benefits to choosing a local ayer, in your case a conveyancing solicitor in Balham.
If you had a top tip for selecting a conveyancing solicitor in Balham what would it be?
It would be unwise to be swayed by the cheapest Balham conveyancing costs illustration. You really do get what you pay for when it comes to property lawyers. A cheap quote may mean that the conveyancing solicitor is handling a lot of jobs at one time and you won’t get the quality of service and the attention that you need. It is, however, wise to use a conveyancer who has a fixed fee on a no sale, no fee basis. This way, you know exactly what you’ll have to pay in ahead of the deal.
My partner and I have arranged the release of further monies on our home loan from Lloyds as we wish to conduct improvements to our house in Balham. Are we obliged to appoint a local Balham solicitor on the Lloyds conveyancing panel to handle the legals?
Lloyds don't usually appoint firms on their approved list of lawyers to handle such a matter. If they do require any legal work then you would need to ensure that such a lawyer was on the Lloyds list.
I was told four weeks ago that my mortgage has been agreed to by RBS. Is it usual for RBS to only issue the offer once my solicitor in Balham is approved on their conveyancing panel? RBS have asked my solicitor to see a copy of their Professional Indemnity Insurance Schedule.
Mortgage companies tend not to not issue an offer until they have details of a lawyer on their panel. It can take a few weeks for RBS to deal with your lawyer's application to be on the RBS conveyancing panel. There's no guarantee that your solicitor will be accepted.
I have recentlydiscovered that Arc property Solicitors have closed. They carried out my conveyancing in Balham for a purchase of a leasehold apartment 9 months ago. How can I check that the property is in my name in the name of the previous owner?
The quickest way to see if the property is in your name, you can make a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Balham conveyancing specialists.
I am looking for a flat up to £305k and identified one close by in Balham I like with amenity areas and transport links in the vicinity, however it only has 52 remaining years left on the lease. There is not much else in Balham suitable, so just wondered if I would be making a mistake buying a lease with such few years left?
If you require a mortgage the remaining unexpired lease term may be a potential deal breaker. Discount the offer by the anticipated lease extension will cost if it has not already been discounted. If the current owner has owned the premises for a minimum of twenty four months you could request that they start the process of the extension and pass it to you. An additional ninety years can be extended on to the current lease and have £0 ground rent by law. You should speak to your conveyancing lawyer regarding this.
As co-executor for the will of my uncle I am disposing of a house in Newport but I am based in Balham. My lawyer (approximately 300 kilometers awayneeds me to sign a stat dec before completion. Can you recommend a conveyancing lawyer in Balham to attest and place their company stamp on the document?
Technically speaking you should not need to have the documents attested by a conveyancing solicitor. Normally or notary public or qualified solicitor will be fine regardless of whether they are Balham based
I own a leasehold flat in Balham. Conveyancing and Godiva Mortgages Ltd mortgage are in place. I have received a letter from someone saying they have taken over the reversionary interest in the property. It included a ground rent demand for rent dating back to 1991. The conveyancing solicitor in Balham who acted for me is not around. Any advice?
First make enquiries of HMLR to make sure that this person is indeed the new freeholder. You do not need to incur the fees of a Balham conveyancing solicitor to do this as you can do this on the Land Registry website for £3. You should note that in any event, even if this is the rightful landlord, under the Limitation Act 1980 no more than 6 years of rent can be collected.
I am the leaseholder of a garden flat in Balham. In the absence of agreement between myself and the landlord, can the Leasehold valuation Tribunal determine the amount due for a lease extension?
You certainly can. We can put you in touch with a Balham conveyancing firm who can help.
An example of a Lease Extension decision for a Balham premises is First Floor Flat 152a Ramsden Road in June 2009. The net result of the tribunals calculation produced a premium payable of £23,975. This case affected 1 flat. The unexpired term as at the valuation date was 56.67 years.