How up to date is your search tool for Nine Elms conveyancing solicitors on the Lloyds conveyancing panel? Do Lloyds send you an updated list?
Nine Elms conveyancing firms themselves provide us confirmation that they are on the Lloyds conveyancing panel as opposed to being supplied with a list from Lloyds directly.
I had intended to instruct a property lawyer in Nine Elms for our home move. Our broker informed us that our mortgage company Bank of Ireland won't deal with them. Surely this is unfair competition?
A lender may insist on a panel solicitor act for it. You would be expected to bear the charges for this. Try using our tool to get a quote from a solicitor to carry conveyancing in Nine Elms on the Bank of Ireland conveyancing panel.
Are there restrictive covenants that are commonly identified as part of conveyancing in Nine Elms?
Covenants that are restrictive in nature can be picked up when reviewing land registry title as part of the legal transfer of property in Nine Elms. 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…’
Over the last few months I have been searching for a leasehold apartment up to £195,000 and identified one round the corner in Nine Elms I like with amenity areas and station nearby, the downside is that it's only got 52 years on the lease. There is not much else in Nine Elms for this price, so just wondered if I would be making a mistake purchasing a lease with such few years left?
Should you need a mortgage the remaining unexpired lease term will likely be an issue. Discount the price by the expected lease extension will cost if it has not already been discounted. If the existing proprietor has owned the property for a minimum of twenty four months you could request that they start the process of the extension and pass it to you. An additional ninety years can be extended on to the current lease term with a zero ground rent applied. You should consult your conveyancing lawyer regarding this matter.
I am downsizing from my house. My former lawyers have shut. It would be helpful to have a recommendation of a conveyancing firm. I happen to live in Nine Elms if that makes things easier.
Do use our search tool to help you find a solicitor for your conveyancing in Nine Elms. We have connected thousands of home buyers and sellers with lender approved solicitors to ensure that the legalities of their house move runs with a minimum of fuss.
I wish to sublet my leasehold apartment in Nine Elms. Conveyancing solicitor who did the purchase is retired - so can't ask him. Is permission from the freeholder required?
A lease governs the relationship between the freeholder and you the flat owner; specifically, it will set out if subletting is banned, or permitted but only subject to certain conditions. The rule is that if the lease contains no specific ban or restriction, subletting is permitted. Most leases in Nine Elms do not prevent an absolute prevention of subletting – such a clause would undoubtedly devalue the property. In most cases there is simply a requirement that the owner notifies the freeholder, possibly supplying a duplicate of the sublease.
My wife and I have hit a brick wall in negotiating a lease extension in Nine Elms. Can this matter be resolved via the Leasehold Valuation Tribunal?
Where there is a absentee landlord or where there is disagreement about what the lease extension should cost, under the Leasehold Reform, Housing and Urban Development Act 1993 it is possible to make an application to the LVT to calculate the amount due.
An example of a Lease Extension decision for a Nine Elms residence is 150A Albert Palace Mansions Lurline Gardens in July 2013. The Tribunal determined that the premium payable for the new lease of the subject property was £42,069 This case related to 1 flat. The unexpired residue of the current lease was 57.06 years.