We note that you have a search directory identifying law firms on the HSBC conveyancing panel. Do firms pay you a commission if I appoint them for our own conveyancing in Worcester Park?
We are a listing service only for law firms wishing to communicate if they are on the HSBC conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Worcester Park.
I'm the sole recipient of my late mum's will with all property in now in my sole name, including the my former home in Worcester Park. The Worcester Park property was put into my name in July. I now wish to sell up. I do know about the CML six month 'rule', meaning my property ownership may be regarded the same way as if I'd bought the property in July. Do I have to wait 6 months to sell?
The Council of Mortgage Lenders’ handbook obliges conveyancers to: "report to us immediately if the owner or registered proprietor has been registered for less than six months." Technically you might be caught by that. How practical a view mortgage companies take of it, depend on the mortgage company as this requirement principally exists to pick up on the purchase and immediately sell or the wholesaling and assigning of property.
Is it the case that all Worcester Park CQS (Conveyancing Quality Scheme) solicitors are on the Kent Reliance conveyancing list of approved practices?
Some major lenders now make use of the accreditation scheme as the starting point for Panel approval such as HSBC and Santander. The Law Society’s CQS membership however is no guarantee to lender panel acceptance. Nevertheless,the CML have indicated that it is likely to become a pre-requisite for firms wishing to join their approved list of firms.
I had an offer accepted on a house in Worcester Park on 27/6/2025, valuation was booked 3 days later, all came back fine. Property lawyer retained, so the only thing outstanding was my mortgage offer. Having made daily calls to Co-operative and chasing them on my offer, I have now been told that my offer will not be issued unless the lawyer is on the Co-operative conveyancing panel. Are Co-operative entitled to hold back the Mortgage pending the lawyer being on the approved list?
A lender would not issue an offer until they have details of a lawyer on their panel. It can take a few weeks for Co-operative to deal with your lawyer's application to be on the Co-operative conveyancing panel. There's no guarantee that your solicitor will be accepted.
I need some expedited conveyancing in Worcester Park as I am faced with a deadline to sign on the dotted line within 2 weeks. Thankfully I do not require a mortgage. Is it possible to escape the need for conveyancing searches to save money and time?
If.Given you are are a cash buyer you have the choice not to do searches although no lawyer would advise that you don't. With plenty of history conveyancing in Worcester Park the following are instances of what can crop up and therefore impact future mortgageability: Refused Planning Applications, Overdue Fees, Overdue Grants, Road Schemes,...
I am using a search engine for the phrase on line conveyancing in Worcester Park it reveals many conveyancersin the area. How do I determine which is the suitable property lawyer for me?
The ideal way of finding a suitable conveyancer is via personal referral, so seek the opinion of colleagues and relatives who have purchased a property in Worcester Park or a reputable estate agent or financial adviser. Costs for conveyancing in Worcester Park vary, so it's sensible to request a minimum of four quotes from varying types of conveyancers. Make sure that you clarify that the costs are assured not to escalate.
Can you provide any top tips for leasehold conveyancing in Worcester Park from the point of view of speeding up the sale process?
- A significant proportion of the delay in leasehold conveyancing in Worcester Park can be bypassed where you instruct lawyers as soon as you market your property and request that they start to put together the leasehold information needed by the purchasers’ conveyancers. Some Worcester Park leases require Licence to Assign from the landlord. If this is the case, it would be prudent to place the estate agents on notice to make sure that the purchasers put in hand financial (bank) and professional references. Any bank reference should make it clear that the buyer is financially capable of paying the annual service charge and the actual amount of the service charge should be quoted in the bank’s letter. You will therefore need to provide your estate agents with the service charge figures so that they can pass this information on to the purchasers or their solicitors. You may think that you are aware of the number of years left on your lease but you should verify this via your solicitors. A purchaser's lawyer will not be happy to advise their client to proceed with the purchase of a leasehold property the remaining number of years is below 75 years. It is therefore essential at an as soon as possible that you identify whether the lease for your property needs extending. If it does, contact your solicitors before you put your property on the market for sale. If you have had conflict with your freeholder or managing agents it is very important that these are resolved prior to the flat being marketed. The buyers and their solicitors will be reluctant to purchase a flat where there is an ongoing dispute. You may need to swallow your pride and discharge any arrears of service charge or resolve the dispute prior to the buyers completing the purchase. It is therefore preferable to have any dispute settled prior to the contract papers being issued to the buyers’ solicitors. You will still have to reveal particulars of the dispute to the buyers, but it is clearly preferable to present the dispute as over as opposed to ongoing.
I have tried to negotiate informally with with my landlord for a lease extension without any joy. Can a leaseholder make an application to the Leasehold Valuation Tribunal? Can you recommend a Worcester Park conveyancing firm to help?
in cases where there is a missing landlord or where there is disagreement about what the lease extension should cost, under the relevant statutes you can apply to the LVT to make a decision on the price payable.
An example of a Lease Extension decision for a Worcester Park residence is 33 The Maisonettes Alberta Avenue in June 2014. the Tribunal decided that the premium payable for the grant of a new lease be the sum of £20,680 (Twenty Thousand six hundred and eighty pounds). This case was in relation to 1 flat. The unexpired term as at the valuation date was 60.43 years.
Fiveweeks into a sale of a flat in Worcester Park. Conveyancing is fine but we have been asked to pay an extortionate amount by the landlord. To date we have issued a cheque for £268 for a leasehold management information and then another £200 plus VAT for answers to questions supplied by the buyers solicitor.
Your conveyancer will unlikely have any say over the extent of the bill for this information but the typical fee for the information for Worcester Park leasehold property is £355. For Worcester Park conveyancing transactions it is conventional for the seller to pay for these costs. The landlord or their agents are under no legal obligation to address such questions although many will be content to do so - albeit often at exorbitant prices disproportionate to the work involved. Regretfully there is no statute that mandates set fees for administrative tasks. Neither is there any set time limit by which they are duty bound to issue answers.