My mortgage broker has requested my North Acton law firm’s panel member for the Nat West conveyancing panel. What is the best way to find this out. I have e-mailed my local North Acton office but they have not responded to me.
The sensible thing to do is ask for this information from your North Acton lawyer . They retain a central record lender panel numbers.
Do all mortgage companies provide you with an approved list of North Acton conveyancing solicitors? How do you know who is on the UBS conveyancing panel?
North Acton conveyancing firms themselves provide us confirmation that they are on the UBS conveyancing panel as opposed to being supplied with a list from UBS directly.
I am selling my flat in North Acton. Will the conveyancer need to be required to be on the Virgin Money conveyancing panel in order to deal with the discharge of my mortgage?
Ordinarily, even if your lawyer is not on the Virgin Money conveyancing panel they can still act for you on your sale. It might be that the lender will not release the original deeds (if applicable and increasingly irrelevant) until after the mortgage is paid off. You should speak to your lawyer directly before you start the process though to ensure that there is no problem as lenders are changing their conditions fairly frequently in recent years.
I opted to have a survey done on a property in North Acton in advance of appointing conveyancers. I have been advised that there is a flying freehold aspect to the house. My surveyor advised that some mortgage companies may not issue a mortgage on this type of premises.
It depends who your proposed lender is. Santander has different requirements from Nationwide. If you contact us we can look into this further with the appropriate mortgage company. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in North Acton. Conveyancing may be slightly more expensive based on your lender's requirements.
We are one month into a residential purchase having been directed to solicitors by the estate agent to perform conveyancing in North Acton. We are not happy. Could you you assist me in finding new lawyers?
They would need to be really poor in order to consider replacing them. Has your mortgage been generated? In the event that it has you need to inform them of the new contact details and have the offer are re-sent. Your new solicitor ideally should be on the mortgage company panel to avoid added fees and frustration. So that should be your first question of the new solicitors. Our find a solicitor tool can help you find a lender approved lawyer for your conveyancing in North Acton
Last September I purchased a leasehold flat in North Acton. Am I liable to pay service charges relating to a period prior to my ownership?
In a situation where the service charge has already been demanded from the previous lessee and they have not paid you would not usually be personally liable for the arrears. Strange as it may seem, your landlord may still be able to take action to forfeit the lease. It is an essential part of leasehold conveyancing for your conveyancer to be sure to have an up to date clear service charge receipt before completion of your purchase. If you have a mortgage this is likely to be a requirement of your lender.
If you purchase part way through an accounting year you may be liable for charges not yet demanded even if they relate to a period prior to your purchase. In such circumstances your conveyancer would normally arrange for the seller to set aside some money to cover their part of the period (usually called a service charge retention).
I have tried to negotiate informally with with my landlord to extend my lease without any joy. Can the Leasehold Valuation Tribunal decide on such issues? Can you recommend a North Acton conveyancing firm to assist?
You certainly can. We are happy to put you in touch with a North Acton conveyancing firm who can help.
An example of a Freehold Enfranchisement matter before the tribunal for a North Acton residence is 49 Long Drive in March 2014. The tribunal concluded that the price payable for the freehold interest in the Property should be £26,491 divided as to £12,546 in respect of the ground floor flat and £13,945 in respect of the first floor flat This case related to 2 flats. The unexpired lease term was 68.47 years.