My mortgage broker requires my Temple lawyer’ panel member for the Nat West conveyancing panel. How do I obtain this. I have e-mailed my local Temple branch but they don't know it.
Have you tried contacting your Temple solicitor about this?. They retain a central record lender panel numbers.
Our god-son is in the process of securing a new build apartment in Temple with a mortgage from Co-operative. His lawyer has advised him of a delay in completing the ‘Disclosure of Incentive Form’. Who needs to receive the form?
The form is intended to provide information to the main parties involved in the transaction. Therefore, it will be provided to your son’s lawyer who should be on the Co-operative conveyancing panel as a standard part of the process, and to the valuer when asked. The developer will be required to start the process by downloading the form and completing it. The form will therefore need to be available for the valuer at the time of his or her site visit. The form should be sent to the Co-operative conveyancing panel solicitor as early as possible, in order to avoid any last minute delays, and no later than at exchange of contracts.
We are looking to buy a property and require a conveyancing solicitor in Temple who is on the Aldermore approved panel. Can you recommend a local conveyancing firm?
Our service is limited to being a directory service for firms who wish to be listed as being on the approved conveyancing panel for Aldermore . We don't recommend any particular firms conducting conveyancing in Temple.
I opted to have a survey completed on a house in Temple before retaining lawyers. I have been advised that there is a flying freehold overhang to the property. Our surveyor has said that some mortgage companies will not grant a mortgage on this type of premises.
It varies from the lender to lender. HSBC has different instructions from Halifax. Should you wish to telephone us we can check via the relevant bank. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Temple. Conveyancing may be slightly more expensive based on your lender's requirements.
My husband and I are FTB’s - agreed a price, but the property agent informed us that the seller will only proceed if we use the agent's preferred conveyancers as they are insisting on an ‘expedited deal’. Our preferred option is to instruct a family solicitor with experience of conveyancing in Temple
We suspect that the seller is unaware of this requirement. If they require ‘a quick sale', alienating a serious purchaser is not the way to achieve this. Bypass the agents and go straight to the sellers and make sure they comprehend that (a)you are keen to buy (b)you are ready to go, with mortgage lined up © you are chain free (d) you intend to proceed fast (e)but you will continue to instruct your preferred Temple conveyancing firm - rather thanthose that will give the estate agent a kickback or meet his conveyancing targets demanded by head office.
We have reached the end of our tether in trying to reach an agreement for a lease extension in Temple. Can the Leasehold Valuation Tribunal adjudicate on premiums?
in cases where there is a absentee freeholder or where there is dispute about the premium for a lease extension, under the relevant statutes you can apply to the First-tier Tribunal (Property Chamber) to make a decision on the amount due.
An example of a Lease Extension matter before the tribunal for a Temple premises is Flat 89 Trinity Court Grays Inn Road in February 2013. the Tribunal found that the premium to be paid by the tenant on the grant of a new lease, in accordance with section 56 and Schedule 13 to the Leasehold Reform, Housing and Urban Development Act 1993 should be £36,229. This case affected 1 flat. The unexpired lease term was 66.8 years.
In relation to leasehold conveyancing in Temple what are the most frequent lease defects?
Leasehold conveyancing in Temple is not unique. Most leases are individual and drafting errors can sometimes mean that certain sections are missing. The following missing provisions could result in a defective lease:
Repairing obligations to or maintain elements of the premises A duty to insure the building
You could have difficulties when selling your property if you have a defective lease as they can affect a potential buyer’s ability to obtain a mortgage. Yorkshire Building Society, The Royal Bank of Scotland, and Aldermore all have express requirements when it comes to what is expected in a lease. Where a lender has been advised by their lawyers that the lease does not cover certain provisions they may refuse to provide security, obliging the buyer to pull out.