We are selling our flat in Twickenham Park. Does the property lawyer need to be on the TSB conveyancing panel in order to deal with repayment of my mortgage?
Ordinarily, even if your lawyer is not on the TSB 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 specifications fairly frequently currently.
When it comes to lenders such as Barclays, do Twickenham Park lawyers have to pay a yearly amount to be on the list of approved solicitors?
We are unaware of any bank fees to be on their panel, although some do charge an administration fee to deal with the processing of the conveyancing panel application.
We have agreed to purchase a house in Twickenham Park. An unusual aspect is that the roof has a solar panel. Solicitors conducting should look into this right? Will my lender Barclays be concerned?
As you are obtaining a mortgage with Barclays your lawyer must follow the formal instructions set out in Part 2 of UK Finance Lenders’ Handbook for Barclays. The CML Handbook stipulates minimum provisions for solar panel roof-space leases, and property lawyers are required to report to Barclays where a lease does not comply with these specifications. The conditions relate to the installation of panels on properties in England and Wales and is not isolated to Twickenham Park.
We were going to get a DIP from Santander this week so we can work out what to offer on a property we like as otherwise we only have online calculators to go by (which aren't taking into account credit checks etc). Do Santander recommend any Twickenham Park solicitors on the Santander conveyancing panel, or is it better to find our own lawyer?
You will need to appoint Twickenham Park solicitors independently although you'll need to choose one on the Santander conveyancing panel. The solicitor represents both you and Santander through the process.
I am buying a new build flat in Twickenham Park. Conveyancing is a frightening process at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build legal work.
Set out below are examples of a few leasehold new build questions that you may expect your new-build leasehold conveyancing in Twickenham Park
-
Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents. Where service of notices and proceedings can be at the property demised please confirm that this can be amended to include simultaneous services at the Lessees’ solicitors’ offices where the Lessee from time to time is not resident in the UK - such solicitors may be varied by notice in writing to the Landlord from time to time but otherwise will be as previously specified. The Vendor must covenant to keep unsold units in good repair until long leases are granted therefore. Please supply evidence that the form of Lease proposed has been approved by the Land Registry. Please confirm the Lease plans are surveyor prepared.
How difficult is it to transfer to a new solicitor as I need to instruct a firm on the TSB conveyancing list. I had appointed a local conveyancing solicitor in Twickenham Park five minutes from me but he is not accepted by TSB
We will our best to assist in finding you a conveyancing solicitor in Twickenham Park on the TSB panel. Please note that the property lawyers that we work with do not pay us commission if you instruct them and are fully regulated by the Solicitors Regulation Authority who regulate all conveyancing solicitors in Twickenham Park. Using search facility on this site, you can compare and instruct different solicitors and conveyancers both nationally and in Twickenham Park.
My brother has recommend that I use his conveyancing solicitors in Twickenham Park. Should I use them?
Much as we are happy to recommend a Twickenham Park conveyancing lawyer the ideal way to select a conveyancing practitioner is to get feedback from friends or relatives who have actually previously instructed the firm that you are are thinking of instructing.
I am attracted to a couple of maisonettes in Twickenham Park which have about forty five years unexpired on the lease term. Will this present a problem?
A lease is a right to use the property for a period of time. As the lease gets shorter the saleability of the lease deteriorates and results in it becoming more costly to acquire a lease extension. This is why it is generally wise to extend the lease term. Sometimes it is difficult to sell a property with a short lease as mortgage companies less inclined to grant a loan on properties of this type. Lease enfranchisement can be a protracted process. We advise that you seek professional help from a conveyancer and surveyor with experience in this area.
My wife and I have hit a brick wall in trying to reach an agreement for a lease extension in Twickenham Park. Can the Leasehold Valuation Tribunal adjudicate on premiums?
in cases where there is a missing landlord or if 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 arrive at the price payable.
An example of a Lease Extension decision for a Twickenham Park flat is Flat 1 30 Ennismore Avenue in September 2010. the Tribunal adopted and arrived at a premium for the lease extension of £29, 900 This case affected 1 flat. The unexpired term as at the valuation date was 68.34 years.