We note that you have a search directory listing law firms on the Co-operative conveyancing panel. Do firms pay you a commission if I appoint them for our conveyancing in Mortlake?
We are a listing service only for law firms wishing to communicate if they are on the Co-operative conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Mortlake.
My lawyer in Mortlake has never been on on the TSB Conveyancing Panel. Is it possible for me to use my prefered solicitor even though they are excluded from the TSB approved list?
Your options are as follows:
- Complete the purchase with your preferred Mortlake lawyers but TSB will need to instruct a solicitor on their list of acceptable firms. This will result in additional overall legal fees as well as cause frustration.
- Get an alternative lawyer to act in the conveyancing, not forgetting to check they are TSB approved.
- Try to convince your TSB based solicitor to attempt to join the TSB panel
What is the difference between a licensed conveyancer and conveyancing solicitor in Mortlake
There are many recorded licenced Conveyancers in Mortlake and Solicitor partnerships in Mortlake who can help with your conveyancing It is important to make clear that both are supervised by regulatory bodies with both specialising in the legal aspects of the home buying process. The two can handle associated property related work such as remortgage conveyancing, lease extensions and transfer of equity conveyancing.
We were going to get a AIP from Yorkshire BS this week so we know how much we could potentially offer as otherwise we only have online calculators to go by (which aren't taking into account credit checks etc). Do Yorkshire BS recommend any Mortlake solicitors on the Yorkshire BS conveyancing panel, or is it better to find our own lawyer?
You will need to appoint Mortlake solicitors independently although you'll need to choose one on the Yorkshire BS conveyancing panel. The solicitor represents both you and Yorkshire BS through the process.
Leeds Building Society have agreed my home loan in principle, my offer on a flat in Mortlake has been agreed to, what happens next?
The property agent will wish to be informed of your property lawyer's details (make sure the conveyancing practitioners are on the bank’s panel). Contact Leeds Building Society or the broker and complete any relevant forms. Leeds Building Society will appoint a valuer who will get in contact with the selling agent or owners to book an appointment. Once carried out (assuming no problems) it takes about a week to get a mortgage offer. Leeds Building Society will send the offer to you and your conveyancing practitioners. The transaction will then take it’s course according the nature and complexity of the conveyancing in Mortlake.
three months have elapsed since my purchase conveyancing in Mortlake took place. I have checked the Land Registry website which shows that I paid £175,000 when infact I paid £160,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the residence from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
Over the last few months I have been searching for a leasehold apartment up to £195,000 and identified one close by in Mortlake I like with open areas and railway links in the vicinity, the downside is that it's only got 61 remaining years left on the lease. There is not much else in Mortlake in this price bracket, so just wondered if I would be making a mistake acquiring a short lease?
Should you require a home loan that many years 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 existing owner has owned the premises for at least 2 years you can ask them to commence the lease extension formalities and then assign it to you. You can add 90 years to the current lease with a zero ground rent applied. You should consult your conveyancing lawyer concerning this.
If all goes to plan we aim to complete the sale of our £275,000 maisonette in Mortlake next Monday. The landlords agents has quoted £372 for Certificate of Compliance, insurance certificate and previous years statements of service charge. Is the landlord entitled to charge an administration fee for a leasehold conveyance in Mortlake?
Mortlake conveyancing on leasehold apartments usually necessitates the buyer’s solicitor sending enquiries for the landlord to address. Although the landlord is under no legal obligation to answer these enquiries the majority will be willing to do so. They may charge a reasonable administration fee for responding to enquiries or supplying documentation. There is no set fee. The average costs for the paperwork that you are referring to is over three hundred pounds, in some cases it exceeds £800. The management information fee required by the landlord must be sent together with a synopsis of rights and obligations in respect of administration charges, otherwise the invoice is technically not due. Reality however dictates that one has no option but to pay whatever is demanded if you want to complete the sale of your home.
I inherited a basement flat in Mortlake. Given that I can not reach agreement with the landlord, can the Leasehold valuation Tribunal make a decision on the sum due for a lease extension?
Most certainly. We are happy to put you in touch with a Mortlake conveyancing firm who can help.
An example of a Freehold Enfranchisement decision for a Mortlake residence is 19 St. Margarets Crescent in August 2010. the tribunal was of the view that the premium to be paid by the leaseholder for the freehold reversion was £51,983.00 This case related to 3 flats. The unexpired term was 66.25 years.