We are hoping to buy a 1 bedroom apartment in Teddington with a mortgage. We like our Teddington conveyancer, however the mortgage company says she’s not on their "panel". It appears that we have little option but to instruct one of the mortgage company panel firms or keep our Teddington conveyancing practitioner and pay for one of their panel lawyers to act for them. This feels very unfair; is there anything we can do?
Unfortunately,no. Your mortgage offer is subject to its terms and conditions, one of which will be that lawyers will on the lender’s conveyancing panel. Until recently, 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. A further alternative is for your Teddington conveyancing lawyer to apply to be on the conveyancing panel.
We're in Teddington, First timers buying with a mortgage (lender is Kent Reliance , and our lawyer is on the Kent Reliance conveyancing panel). How long should the conveyancing process take?
The fact that your lawyer is on the Kent Reliance conveyancing panel is a help. It would almost certainly delay matters if they were not. However, no conveyancing practitioner should guarantee a timeframe for your conveyancing, due to third parties outside of your control such as delays caused by lenders,conveyancing search providers or by the other side’s solicitors. The time taken is often determined by the number of parties in a chain.
Despite weeks of looking the Title Certificate and documents to our home are lost. The solicitors who conducted the conveyancing in Teddington 4 years ago no longer exist. What are my next steps?
You no longer need to hold title original deeds to prove you own the land or premises, given that the Land Registry hold details of all registered land or property electronically.
I opted to have a survey carried out on a property in Teddington prior to appointing lawyers. I have been told that there is a flying freehold aspect to the property. My surveyor has said that some banks may refuse to issue a mortgage on such a house.
It depends who your proposed lender is. HSBC has different requirements for example to Nationwide. Should you wish to telephone us we can check via the appropriate bank. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Teddington. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Teddington to see if the conveyancing will be more expensive.
I am selling my house. My past lawyers has retired. I am in need of a recommendation of a conveyancing firm. I happen to live in Teddington if that makes things easier.
Please use our search tool to help you choose a solicitor for your conveyancing in Teddington. We have connected thousands of home buyers and sellers with regulated solicitors to ensure that the legalities of their house move runs with a minimum of fuss.
I've recently bought a leasehold house in Teddington. Am I liable to pay service charges relating to a period prior to completion of my purchase?
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. However, 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 own a ground floor flat in Teddington. In the absence of agreement between myself and the freeholder, can the Leasehold valuation Tribunal make a decision on the sum payable for the purchase of the freehold?
Most definitely. We are happy to put you in touch with a Teddington conveyancing firm who can help.
An example of a Lease Extension decision for a Teddington flat is Flat D 15 Claremont Gardens in September 2013. TheTribunal determined in accordance with section48 and Schedule13 of the Leasehold Reform,Housing and Urban Development Act 1993 that the premium for the extended lease should be fourteen thousand one hundred and eighty seven pounds (£14,187.00) This case affected 1 flat.