My mortgage broker says he needs my Greenwich solicitor’s panel reference for the Nat West conveyancing panel. Can you suggest how I discover this. I have contacted my local Greenwich branch but they have not got back to me yet.
The sensible thing to do is ask for this information from your Greenwich conveyancer . Most Greenwich law firms will keep a file or database of lender panel information which would include, if applicable, their conveyancing panel details for each mortgage company.
Me and my partner are about to complete buying a property in Greenwich but as a consequence of wreckage from some water damage at the property I have was able negotiate compensation from the seller of three thousand pounds in the form of a adjustment in the price. I had intended this to be addressed as part of amending the contract but Barclays are not allowing this. Why were they notified?
Your conveyancer that is on the Barclays approved list is duty bound to advise Barclays of any changes to the purchase price. If you were to refuse your conveyancer to disclose the price change to Barclays then they would have to discontinue acting for you. In addition, Barclays and you would have to appoint a new conveyancer for your conveyancing in Greenwich.
When looking at consumer advice sites for a conveyancing solicitor in Greenwich, many advise that I should use a CQS accredited lawyer. Can you explain what CQS is?
The Conveyancing Quality Scheme (CQS) provides a kitemark for residential conveyancing practices issued by the Law Society. Membership achievement establishes a level of credibility for member firms with stakeholders (regulators, lenders, insurers and consumers) based upon: * the integrity of the senior responsible officer and other key conveyancing staff * the firm's adherence to good practice management standards * adherence to prudent and efficient conveyancing processes through the scheme protocol Membership covers numerous organisations who carry out conveyancing in Greenwich.
I am buying a new build apartment in Greenwich. Conveyancing is necessary evil at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build legal work.
Set out below are examples of a few leasehold new build enquiries that you should expect your new-build leasehold conveyancing in Greenwich
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Forfeiture - bankruptcy or liquidation must not apply under this provision. The Vendor must covenant to keep unsold units in good repair until long leases are granted therefore. Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents. Please supply evidence that the form of Lease proposed has been approved by the Land Registry.
I have been sourcing a conveyancing lawyer in Greenwich for my home move. Can I check a solicitor's record with the profession’s regulator?
One may read presented Solicitor Regulator Association (SRA) determinations stemming from investigations started on or after Jan 2008. Go to Check a solicitor's record. To find records about the period before 1 January 2008, or to check a firm's history, phone 0870 606 2555, 08.00 - 18.00 Monday, Wednesday, Thursday, Friday and 09.30 - 18.00 Tuesday. International callers, use +44 (0)121 329 6800. The SRA sometimes monitor call for training reasons.
What advice can you give us when it comes to finding a Greenwich conveyancing practice to deal with our lease extension?
When appointing a solicitor for your lease extension (regardless if they are a Greenwich conveyancing practice) it is most important that they be familiar with the legislation and specialises in this area of work. We advise that you talk with two or three firms including non Greenwich conveyancing practices prior to instructing a firm. Where the conveyancing practice is ALEP accredited then that’s a bonus. The following questions could be useful:
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Can they put you in touch with clients in Greenwich who can give a testimonial?
I inherited a ground-floor 1950’s flat in Greenwich. In the absence of agreement between myself and the landlord, can the Leasehold valuation Tribunal make a decision on the amount payable for a lease extension?
Absolutely. We are happy to put you in touch with a Greenwich conveyancing firm who can help.
An example of a Lease Extension matter before the tribunal for a Greenwich premises is 73 Walerand Road in August 2012. the result of the findings of the Tribunal led to a premium to be paid for the extended lease in respect of Flat 73 in the sum of £10,040. The premium applicable in respect of Flat 85 was £5,710. This case affected 2 flats. The unexpired term as at the valuation date was 72 years.