I was informed recently by my financial adviser that my Malden solicitor is not on the bank Conveyancing panel. How can I be sure that this is correct?
The best course of action for you to take is to call your Malden conveyancer. It is reasonable to expect your lawyer to inform you what has happened. If they are not on the panel they may recommend you to a Malden conveyancing practice that is on the conveyancing panel for your lender.
Do the conveyancing practitioners indexed on your site handle right to buy conveyancing in Malden?
We do have a number of conveyancing specialists carrying out right to buy transactions You should e-mail us with a view to obtain a costs calculation.
My husband and I are buying a 1 bedroom apartment in Malden with a mortgage from The Mortgage Works.We would like to retain our Malden conveyancing practitioner but The Mortgage Works advised that she’s not on their approved list of firms. It seems we are left with little choice but to instruct a The Mortgage Works panel solicitor or keep our high street solicitor and pay for one of their panel ones to represent them. We feel as though this is unjust; Can we not simply insist that The Mortgage Works use our lawyer?
No, not really. The loan offered to you is subject to its various provisions, one of which will be that lawyers needs to be on the The Mortgage Works approved list. in the past, most lenders had large numbers of law firms on their panels: a borrower could choose 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. Another option that might be available is for your solicitors to apply to be on the conveyancing panel for The Mortgage Works
About to purchase a new build apartment in Malden. Conveyancing is a frightening process at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build conveyancing.
Here are examples of a selection of leasehold new build enquiries that you can expect your new-build leasehold conveyancing in Malden
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Please confirm the Lease plans are surveyor prepared. The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme. Please provide evidence that the form of Lease proposed has been approved by the Land Registry. Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose?
I need to instruct a conveyancing practitioner in Malden for my home move. Can I check a solicitor's record with the legal regulator?
Anyone may find presented Solicitor Regulator Association (SRA) determinations arising from inquisitions from 2008 onwards. Go to Check a solicitor's record. For details Pre 2008, or to check a solicitors history, phone 0870 606 2555, 08.00 - 18.00 Monday, Wednesday, Thursday, Friday and 09.30 - 18.00 Tuesday. For callers outside the UK, use +44 (0)121 329 6800. The regulator may recorded telephone calls for training reasons.
I am employed by a busy estate agency in Malden where we see a number of leasehold sales derailed due to short leases. I have been given contradictory information from local Malden conveyancing solicitors. Can you confirm whether the seller of a flat can instigate the lease extension formalities for the purchaser on completion of the sale?
As long as the seller has been the owner for at least 2 years it is possible, to serve a Section 42 notice to start the lease extension process and assign the benefit of the notice to the purchaser. This means that the buyer can avoid having to wait 2 years to extend their lease. Both sets of lawyers will agree to form of assignment. The assignment has to be done prior to, or at the same time as completion of the disposal of the property.
Alternatively, it may be possible to agree the lease extension with the freeholder either before or after the sale. If you are informally negotiating there are no rules and so you cannot insist on the landlord agreeing to grant an extension or transferring the benefit of an agreement to the buyer.
Following years of correspondence we simply can't agree with our landlord on how much the lease extension should cost for our flat in Malden. Does the Leasehold Valuation Tribunal have jurisdiction to calculate the appropriate figures?
You certainly can. We can put you in touch with a Malden conveyancing firm who can help.
An example of a Freehold Enfranchisement decision for a Malden property is 158 West Hill in November 2010. the Tribunal held that the premium to be paid for the freehold reversion should be £99,650 This case related to 7 flats. The unexpired residue of the current lease was 75.88 years.