My financial adviser has requested my Knightsbridge lawyer’ panel member for the HSBC conveyancing panel. Can you suggest how I obtain this. I have tried my local Knightsbridge branch but they cant find it on their system.
You are best placed to get this information from your Knightsbridge solicitor . Most Knightsbridge law practices will retain a file or database of lender panel information which would include, if applicable, their conveyancing panel details for each mortgage company.
We are looking to buy a house and need a conveyancing solicitor in Knightsbridge who is on the RBS approved panel. Could you point me in the right direction as regards a conveyancing firm?
Our service is limited to being a directory service for firms who wish to be listed as being on the approved conveyancing panel for RBS . We don't recommend any particular firms conducting conveyancing in Knightsbridge.
Are the BSA intent on creating a searchable register to list law firms on the Melton Mowbray Building Society conveyancing panel for example in Knightsbridge?
Lexsure has not been advised of any plans on the part of the BSA to develop such a register.
I'm buying a new build house in Knightsbridge benefiting from help to buy. The sellers refused to reduce the price so I negotiated five thousand pounds worth of fixtures and fittings instead. The property agent told me not disclose to my solicitor about this side-deal as it could affect my loan with the lender. Is this normal?.
All lenders require a Disclosure of Incentives Form from the builder of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.
Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.
Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.
Back In 2003, I bought a leasehold house in Knightsbridge. Conveyancing and Leeds Building Society mortgage organised. A letter has just been received from someone saying they have taken over the reversionary interest in the property. Attached was a demand for arrears of ground rent dating back to 1995. The conveyancing practitioner in Knightsbridge who acted for me is not around. Any advice?
First make enquiries of the Land Registry to be sure that this person is indeed the registered owner of the freehold reversion. There is no need to incur the fees of a Knightsbridge conveyancing practitioner to do this as it can be done on-line for £3. Rest assured that in any event, even if this is the rightful freeholder, under the Limitation Act 1980 no more than 6 years of rent can be collected.
Having spent years of negotiations we cannot agree with our landlord on how much the lease extension should cost for our flat in Knightsbridge. Does the Leasehold Valuation Tribunal have jurisdiction to calculate the appropriate figures?
Absolutely. We can put you in touch with a Knightsbridge conveyancing firm who can help.
An example of a Lease Extension matter before the tribunal for a Knightsbridge flat is Flat 3 47 Cadogan Square in December 2010. the Tribunal determined that the premium payable to the landord by the leaseholder for the lease extension was £732,935 This case related to 1 flat. The remaining number of years on the lease was 13.33 years.
Our lawyer in Knightsbridge has identified a a legal deficiency with the lease for the apartment we are buying in Knightsbridge. The seller’s lawyers have suggested defective title insurance as a workaround. We are content with insurance and will cover the costs. Our lawyer says that as he is on the lender conveyancing panel he must check that the lender is happy with this solution. Are we the client or is the lender?
Just because you have a mortgage offer from the bank does not mean to say that the property will be meet their requirements for the purposes of a mortgage. Your Knightsbridge conveyancing lawyer has to ensure that the lease has to comply with the UK Finance Lenders’ Handbook Requirements. You and the bank are the client. These conveyancing instructions have to be complied with by the bank conveyancing panel who has to balance acting for you and the mortgage company