My wife and I are about to exchange on the purchase of a property in Battersea but as a consequence of damage from the recent storms I have managed to agree reparation from the seller of six thousand pounds in the form of a adjustment in the price. This was going to be dealt with as part of amending the contract yet Santander are not allowing this. Should they have been approached?
The property lawyer being on the Santander conveyancing panel is obliged to advise Santander of any variations to the purchase price. If you prohibit your conveyancing practitioner to report the price change to Santander then they would have to discontinue acting for you. In addition, Santander and you would have to appoint a new conveyancer for your conveyancing in Battersea.
I am thinking of remortgaging my property in Battersea, does my lawyer need to be on the Leeds Building Society Solicitor panel?
In theory, you could use a solicitor that is not on the Leeds Building Society conveyancing panel, but Leeds Building Society would require one of their panel solicitors to be instructed to act in their interests, and you'd have to pay for this - so most people instruct a panel solicitor. It's also easier, as otherwise you'd have to deal with two solicitors for the same conveyancing matter.
I have justbecome aware that Wolstenholmes have been shut down. They carried out my conveyancing in Battersea for a purchase of a leasehold flat 10 months ago. How can I check that the property is not still registered in the name of the previous owner?
The easiest way to check if the premises is in your name, you can carry out a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Battersea conveyancing specialists.
Hoping to buy a property located in Battersea and I am already nervous. I couldn't find anything specific about Battersea. Conveyancing will be needed in due course but do you know about the Battersea area? or perhaps some other tips you can share?
Rather than looking online forget looking online you should go and have a look at Battersea. In the meantime here are some basic statistics that we found
Should I choose a Battersea conveyancing practitioner who is local to the property I am buying? We have a good friend who can carry out the conveyancing however her office is over three hundred miles drive away.
The benefit of a local Battersea conveyancing practice is that you can pop in to execute paperwork, present your ID and pester them where appropriate. Having local Battersea know how is a plus. That being said nothing is more important than finding someone that will pull out all the stops for you. If other friends have used your friend and in the main were happy that must outweigh using an unknown Battersea conveyancing solicitor solely due to them being based in the area.
Following months of dialogue we cannot agree with our landlord on how much the lease extension should cost for our flat in Battersea. Does the Leasehold Valuation Tribunal have jurisdiction to calculate the appropriate figures?
Most definitely. We are happy to put you in touch with a Battersea conveyancing firm who can help.
An example of a Lease Extension case for a Battersea property is 150A Albert Palace Mansions Lurline Gardens in July 2013. The Tribunal determined that the premium payable for the new lease of the subject property was £42,069 This case was in relation to 1 flat. The unexpired term as at the valuation date was 57.06 years.
Are there frequently found deficiencies that you witness in leases for Battersea properties?
There is nothing unique about leasehold conveyancing in Battersea. All leases are unique and drafting errors can sometimes mean that certain sections are erroneous. For example, if your lease is missing any of the following, it could be defective:
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A provision for the recovery of money spent for the benefit of another party.
A defective lease will likely cause problems when trying to sell a property primarily because it impacts on the ability to obtain a mortgage on the property. National Westminster Bank, Virgin Money, and Nottingham Building Society all have express requirements when it comes to what is expected in a lease. If a mortgage lender believes that the lease does not cover certain provisions they may refuse to provide security, obliging the purchaser to withdraw.