The Southall conveyancing firm handling our Southall conveyancing has discovered a discrepancy between the surveyor’s assumptions in the home valuation survey and what is in the title deeds. My solicitor says that he is duty bound to check that the lender is happy with this discrepancy and is still content to lend. Is my lawyer’s stance legitimate?
Your lawyer must comply with the UK Finance Lenders’ Handbook specifications which do require that your lawyer disclose any incorrect assumptions in the lender’s valuation report and the legal papers. Should you refuse to allow your lawyer to make the appropriate notification then your lawyer will have no choice but to discontinue acting for both parties.
I had intended to instruct a property lawyer in Southall for our house purchase. Our financial adviser has since advised us that our mortgage lenders National Westminster Bank won't deal with them. Why is this not regarded as unfair competition?
A bank can insist on a panel conveyancer act for it. Borrowers are expected to bear the cost of this. Try using our tool to locate a solicitor to carry conveyancing in Southall on the National Westminster Bank member panel.
I opted to have a survey carried out on a property in Southall before instructing conveyancers. I have been advised that there is a flying freehold aspect to the property. The surveyor advised that some lenders tend not issue a mortgage on a flying freehold premises.
It depends who your proposed lender is. Santander has different instructions for example to Birmingham Midshires. Should you wish to call us we can look into this further with the relevant mortgage company. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Southall. Conveyancing will be smoother if you use a solicitor in Southall especially if they are acquainted with such properties in Southall.
In what way does the Landlord & Tenant Act 1954 impact my commercial property in Southall and how can you help?
The 1954 Act gives a safeguard to commercial leaseholders, giving them the a statutory right to make a request to court for a continuation of occupancy at the end of the lease term. There are limited grounds that a landlord can refuse a lease renewal and the rules are complex. Fees are different for commercial conveyancing. Southall is one of our numerous locations in which our lawyers are based
Estate agents have just been given the go-ahead to market my garden apartment in Southall. Conveyancing solicitors are to be appointed soon, but I have recently had a quarterly service charge invoice – what should I do?
Your conveyancing lawyer is likely to suggest that you should clear the service charge as usual because all rents and maintenance payments will be allotted on completion, so you will be reimbursed by the purchaser for the period running from after the completion date to the next payment date. Most managing agents will not acknowledge the buyer unless the service charges have been paid and are up to date, so it is important for both buyer and seller for the seller to show that they are up to date. This will smooth the conveyancing process.
I have attempted and failed to negotiate with my landlord to extend my lease without success. Can one make an application to the Leasehold Valuation Tribunal? Can you recommend a Southall conveyancing firm to represent me?
Most definitely. We are happy to put you in touch with a Southall conveyancing firm who can help.
An example of a Lease Extension case for a Southall residence is 33 Barbican Road in January 2013. The Tribunals calculation of the lease extension premium payable was £17,592. This case was in relation to 1 flat. The unexpired term was 55.12 years.
My brother-in-law has suggested I instruct a conveyancing solicitor in Southall. I I would like to check if they are on the bank's conveyancing panel. Could you assist?
It’s a good idea contact your conveyancer and ask them if they are on the bank's approved list. If that does not help call us and we can make some checks for you. If they are not on the bank panel we we can help find a quality conveyancing solicitor in Southall on the approved list for your lender.