My IFA says he needs my Feltham law firm’s panel reference for the Nat West conveyancing panel. Can you suggest how I discover this. I have called my local Feltham branch but they have not responded to me.
The sensible thing to do is ask for this information from your Feltham property lawyer . Most Feltham law firms will keep a file or database of lender panel information which would include, if applicable, their conveyancing panel details for each bank.
About to place a bid on a leasehold flat in Feltham. The estate agents tell me that it is normal for flats in Feltham to have less than 75 years left on the lease. I am getting a loan with Chelsea Building Society. Will the property be mortgageable given that the lease has 70 years unexpired.
Most leasehold conveyancing experts should be able to deal with a lease extension. if you are obtaining a mortgage then your lender may insist that the lease be extended before competition. Chelsea Building Society have specific requirements as set out in the UK Finance Lenders’ Handbook in relation to minimum unexpired lease terms. As of 19/4/2025 the requirements read as follows :
I'm the only recipient of my late father’s estate and I have everything in my name alone, including the my former home in Feltham. Conveyancing formalities meant that the Land Registry date was in March. I plan to dispose of the property. I do know about the Mortgage Lenders 6 month 'rule', meaning my proprietorship may be treated the same way as if I'd bought the house in March. Will no one buy the property for half a year?
The Council of Mortgage Lenders’ handbook obliges solicitors to: "report to us immediately if the owner or registered proprietor has been registered for less than six months." Technically you might be impacted by that. How practical a view mortgage companies take of it, depend on the lender as this requirement is chiefly there to capture the purchase and immediately sell or the flipping of property.
Does a directory service exist listing TSB panel solicitors in Feltham on the UK Finance Lenders’ Handbook Website?
Unfortunately not yet. There is no such tool on the CML or Building Society Association sites. Very few lending institutions make their panel listings visible over the internet. Where you are in need of a Feltham lawyer on the TSB please make the most of our tool.
We had selected solicitors based in Feltham on the Leeds Building Society solicitor approved list. They have just billed me an additional fee for handling the Leeds Building Society mortgage. Is this an additional conveyancing fee set by Leeds Building Society?
Unfortunately, so long as it is in their Terms and Conditions or estimate then yes your property lawyer may levy a fee for this. This fee is not dictated by Leeds Building Society but by your Feltham property lawyer. Plenty of firms on the Leeds Building Society panel will quote ’dealing with mortgage’ fee and others do not.
I have been advised by a few estate agents in Feltham to find a property lawyer using your seach tool. Is there a financial advantage for Estate Agents to market your services over a competitor’s?
We refuse to make any commission for directing people our way. We found it would be just too difficult to pay a commission because home movers will think, ‘Why is the agent getting a kickback? Why aren’t I getting any benefit too?’ So we decided to step away from that.
I need to retain a conveyancing solicitor for freehold conveyancing in Feltham. I've land on a site which looks to be the ideal offering If it is possible to get all this stuff done via phone that would be preferable. Do I need to be concerned? What are the potential pitfalls?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?
I am looking at a two apartments in Feltham which have in the region of 50 years remaining on the lease term. Should I regard a short lease as a deal breaker?
There are no two ways about it. A leasehold flat in Feltham is a wasting asset as a result of the reducing lease term. The closer the lease gets to zero years unexpired, the more it adversely affects the marketability of the property. The majority of buyers and mortgage companies, leases with less than eighty years become less and less marketable. On a more positive note, leaseholders can extend their leases by serving a Section 42 Notice. One stipulation is that they must have owned the premises for two years (unlike a Section 13 notice for purchasing the freehold, when leaseholders can participate from day one of ownership). When successful, they will have the right to an extension of 90 years to the current term and ground rent is effectively reduced to zero. Before moving forward with a purchase of premises with a short lease term remaining you should talk to a solicitor specialising in lease extensions and leasehold enfranchisement. We are are happy to put you in touch with Feltham conveyancing experts who will explain the options available to you during an initial telephone conversation free of charge. A more straightforward and quicker method of extending would be to contact your landlord directly and sound him out on the prospect of extending the lease. They may agree to a smaller lump sum and an increase in the ground rent, but to shorter extension terms in return. You need to ensure that any new terms represent good long-term value compared with the standard benefits of the Section 42 Notice and that onerous clauses are not inserted into any redrafting of the lease.
I have given up seeking a lease extension in Feltham. Can this matter be resolved via the Leasehold Valuation Tribunal?
if there is a missing landlord or where there is dispute about the premium for a lease extension, under the Leasehold Reform, Housing and Urban Development Act 1993 you can apply to the Leasehold Valuation Tribunal to determine the amount due.
An example of a Lease Extension case for a Feltham flat is 147 Redford Close in June 2012. The Tribunal determined the lease extension premium to be at £4,200 This case related to 1 flat. The remaining number of years on the lease was 82.93 years.