My financial adviser has asked me for my Chiswick law firm’s panel member for the Nat West conveyancing panel. How do I find this out. I have e-mailed my local Chiswick office but they don't know it.
Have you tried contacting your Chiswick property lawyer about this?. Most Chiswick conveyancing practices will retain a file or database of lender panel information which would include, if applicable, their conveyancing panel details for each bank.
I am due to exchange on the purchase of a property in Chiswick but as a consequence of damage from a small fire at the property I have was able negotiate recompense from the current proprietors in the sum of three thousand pounds taking the form of a adjustment in the price. This was going to be dealt with as part of a side agreement however Virgin Money are not allowing this. Why were they informed?
Any property lawyer being on the Virgin Money approved list is required to disclose to Virgin Money of any variations to the purchase price. If you prohibit your conveyancer to disclose the price change to Virgin Money then they would have to discontinue acting for you. In addition, Virgin Money and you would have to appoint a new conveyancer for your conveyancing in Chiswick.
How up to date is your search tool for Chiswick conveyancing solicitors on the Virgin Money conveyancing panel? Do Virgin Money send you an updated list?
Chiswick conveyancing firms themselves provide us confirmation that they are on the Virgin Money conveyancing panel as opposed to being supplied with a list from Virgin Money directly.
My friend recommended that where I am buying in Chiswick I should carry out a Neighbourhood, Planning and Local Amenity Search. What does it cover?
This is a search is occasionally quoted for as part of the standard Chiswick conveyancing searches. It is a large document of about 40 pages, listing and setting out significant information about Chiswick around the property and the people living there. It includes an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the Chiswick Housing Market, Council Tax Banding, the type of People living in the area, the dominant type of Housing, the Average Property Price, Crime statistics, Local Education with plans and statistics, Local Amenities and other useful information regarding Chiswick.
Are there restrictive covenants that are commonly identified as part of conveyancing in Chiswick?
Covenants that are restrictive in nature can be picked up when reviewing land registry title as part of the process of conveyancing in Chiswick. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
I have been on the look out for a leasehold apartment up to £245,000 and found one close by in Chiswick I like with amenity areas and railway links nearby, however it's only got 49 years on the lease. I can't really find anything else in Chiswick for this price, so just wondered if I would be making a grave error purchasing a lease with such few years left?
Should you need a home loan the shortness of the lease may be an issue. Discount the price by the amount the lease extension will cost if it has not already been discounted. If the existing owner has owned the property for a minimum of 2 years you may ask them to start the process of the extension and then assign it to you. An additional ninety years can be extended on to the current lease term and have £0 ground rent by law. You should consult your conveyancing lawyer concerning this matter.