I have a decision in principle. The bank mentioned the home loan came with free conveyancing. Is the implication that I have to appoint their panel lawyer as I would prefer to appoint a Burnt Oak based conveyancing firm?
You should check but the chances are that allocate you one of their panel lawyers if you accept the "fee-free" deal. Speak to the bank to determine if they offer you a cash alternative. It is not unheard for a lender to give a £250 cashback as a further option in which case you could put that amount towards your preferred conveyancing solicitor near Burnt Oak.
I happen to be the single beneficiary of my late grandmother’s estate and I have everything in my name now, including the my former home in Burnt Oak. The Burnt Oak property was put into my name in March. I now wish to sell up. I understand that there is a Mortgage Lenders 6 month 'rule', meaning my proprietorship will be regarded the same way as if I'd bought the house in March. Will no one buy the property for half a year?
The CML handbook mandates solicitors to: "report to us immediately if the owner or registered proprietor has been registered for less than six months." Technically you could be impacted by that. How practical a view mortgage companies take of it, depend on the lender as this clause is primarily there to identify subsales or the wholesaling and assigning of property.
I am buying a property in Burnt Oak. A rare aspect is that the roof has a solar panel. Solicitors conducting should look into this right? Will my lender TSB be concerned?
Given that your lender is TSB your lawyer must comply with the conveyancing requirements set out in Section 2 of UK Finance Lenders’ Handbook for TSB. The Council of Mortgage Lenders’ Handbook stipulates minimum conditions for solar panel roof-space leases, and conveyancing practitioners are required to report to TSB where a lease does not comply with these requirements. The requirements relate to the installation of panels on properties countrywide and is not limited to Burnt Oak.
My offer was accepted on a house in Burnt Oak on 13/2/2025, valuation was booked five days later, received a clean bill of health. Property lawyer instructed, so all that was missing was my mortgage offer. Having made daily calls to Bank of Ireland and chasing them on my offer, I have now been told that my offer will not be issued unless the lawyer is on the Bank of Ireland conveyancing panel. Are Bank of Ireland entitled to hold back the Mortgage pending the lawyer being on the approved list?
Mortgage companies tend not to not issue a mortgage until they have details of a lawyer on their panel. It can take a few weeks for Bank of Ireland to deal with your lawyer's application to be on the Bank of Ireland conveyancing panel. There's no guarantee that your solicitor will be accepted.
I have a terraced Georgian property in Burnt Oak. Conveyancing lawyer acted for me and Bank of Scotland. I did a free Land Registry search last week and I saw two entries: one for freehold, the second leasehold under the matching property. I thought I was buying a freehold how can I check?
You need to read the Freehold register you have again and check the Charges Register as there may be mention of a lease. The best way to be sure that you are also the registered owner of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Burnt Oak and other locations in the country and poses no real issues for owners other than when they remortgage they have to account for both freehold and leasehold interests when dealing with purchasers. You can also enquire as to the position with your conveyancing practitioner who conducted the purchase.
Due to the encouragement of my in-laws I had a survey completed on a property in Burnt Oak prior to instructing conveyancers. I have been advised that there is a flying freehold element to the house. Our surveyor has said that some lenders will refuse to issue a loan on this type of property.
It depends who your proposed lender is. HSBC has different requirements for example to Birmingham Midshires. Should you wish to call us we can check with the relevant bank. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Burnt Oak. Conveyancing will be smoother if you use a solicitor in Burnt Oak especially if they are acquainted with such properties in Burnt Oak.
I've recently bought a leasehold flat in Burnt Oak. Am I liable to pay service charges relating to a period prior to my ownership?
In a situation where the service charge has already been demanded from the previous owner 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 two-bedroom flat in Burnt Oak. Given that I can not reach agreement with the freeholder, can the Leasehold valuation Tribunal determine the amount due for a lease extension?
Most definitely. We can put you in touch with a Burnt Oak conveyancing firm who can help.
An example of a Lease Extension decision for a Burnt Oak residence is 20 Orchard Court Stonegrove in June 2009. The tribunal decided that a premium of £11,040 should be payable for the new lease This case related to 1 flat. The unexpired residue of the current lease was 71.55 years.
My husband and I plan to buy our 1st home in Burnt Oak. Conveyancing lawyer has been appointed. The mortgage adviser suggested that a survey is not necessary as the property was only built twenty two years ago.
At the very least you should order a Home Buyer's Report. As the property was constructed more than a decade ago the property will not come with a warranty, so you don't want to take a risk. Where a property of this age shows no signs of defects a Home Buyer's report may suffice. The report should highlight any apparent issues and suggest additional investigation where relevant. If there are any signs of problems obtain a full Building Survey from the beginning.