I am getting a offer of a home loan from Lloyds. My intention is to instruct a Licensed Conveyancer in Frenchay. Does the Lloyds Solicitor panel include conveyancers regulated by the CLC?
The Lloyds conveyancing panel is, like many other lenders, represented by the Council or Mortgage Lenders or BSA, open to Licensed Conveyancers regulated by the CLC.
Is there a list of TSB panel conveyancers in Frenchay on the Building Society Association’s Website?
No. There is no such directory service on the CML or Building Society Association sites. Very few mortgage companies make their panel listings available over the internet. Where you are looking for a Frenchay conveyancing practitioner on the TSB please make the most of our facility.
My wife and I have arranged a further advance on our home loan from Nottingham as we wish to conduct a loft conversion to our house in Frenchay. Are we obliged to select a local Frenchay solicitor on the Nottingham conveyancing panel to handle the paperwork?
Nottingham don't usually appoint a member of their conveyancing panel 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 Nottingham conveyancing panel.
I have today made my last payment due on my mortgage with TSB. I assume I don't need a Frenchay conveyancer on the TSB panel to discharge the mortgage at the Land Registry. Please confirm.
If you have finished paying off your TSB mortgage, they may send you evidence showing that you have paid it off. Alternatively they may notify the Land Registry directly. The Land Registry need to see this evidence before they will remove the TSB mortgage from the register. TSB, and any evidence they send you, will determine the action you need to take. In cases where no conveyancer is acting for you and you have paid off your mortgage:
- but are not moving to another property
- where TSB has sent the Land Registry the discharge electronically, and
- TSB has instructed the Land Registry to do so
Over the last few months I have been searching for a leasehold apartment up to £235,500 and identified one close by in Frenchay I like with a park and station in the vicinity, however it only has 51 years unexpired on the lease. I can't really find anything else in Frenchay suitable, so just wondered if I would be making a mistake acquiring a lease with such few years left?
If you require a mortgage the shortness of the lease may be a potential deal breaker. Reduce the offer by the anticipated lease extension will cost if it has not already been discounted. If the current owner has owned the property for a minimum of twenty four months you can ask them to start the process of the extension and then assign it to you. You can add 90 years to the current lease term with a zero ground rent applied. You should consult your conveyancing solicitor concerning this.
How can the Landlord & Tenant Act 1954 impact my business premises in Frenchay and how can your lawyers assist?
The particular law that you refer to provides security of tenure to commercial lessees, giving them the dueness to apply to court for a continuation of occupancy at the end of the lease term. There are certain specified grounds that a landlord can refuse a lease renewal and the rules are complicated. We are happy to direct you to commercial conveyancing solicitors who use the act for protection and assist with commercial conveyancing in Frenchay
I need to find a conveyancing solicitor for my conveyancing in Frenchay. I have discover a site which appears to be the perfect solution If there is a chance to get all the legals done via email that would be ideal. Do I need to be wary? What should out be looking out for?
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?
We are in the middle of purchasing a property in Frenchay. Conveyancing solicitor has told us the property is "Leasehold". Should this make a difference on our Halifax valuation?
Frenchay conveyancing does not normally involve leasehold houses. The key consideration here is the unexpired lease term and the ground rent. If it's 999 years with a nominal rent, it's virtually freehold, so it’s unlikely to impact the saleability significantly.
At the other end of the spectrum, if it's, say, 50 years it will have a adverse effect on the saleability, and probably wouldn't be acceptable to the lender. The remaining lease term and ground rent will be set out in the lease which should be made available to your conveyancing practitioner.