My IFA has asked me for my Leyton law firm’s panel reference for the Santander conveyancing panel. Can you suggest how I find this out. I have tried my local Leyton branch but they don't know it.
You are best placed to get this information from your Leyton conveyancing practitioner . Most Leyton law practices will keep a file or database of lender panel information which would include, if applicable, their conveyancing panel details for each bank.
Is it the case that all Leyton CQS (Conveyancing Quality Scheme) solicitors are on the Kent Reliance conveyancing list of approved practices?
A selection of banks and building societies now utilise the accreditation scheme as the starting point for Panel membership such as HSBC and Santander. The Law Society’s CQS accreditation 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 remain on their approved list of firms.
Intending to buy a flat in Leyton. I have received an online quote from a licenced conveyancer, which states: "There will be no charge for dealing with the Building Society if you are obtaining a mortgage". I take this to mean that there will be no additional fee if the solicitor is on the RBS conveyancing panel. I wanted to make sure it means there will be no additional fees for dealing with the mortgage.
They are simply saying that the cost for acting for the lender is included in the fee being quoted. It is worth you checking that the Leyton conveyancer is on the RBS conveyancing panel.
My sealed bid on a property in Leyton has been agreed to, the sellers do however have a dependent purchase. The sellers have put an offer on a flat, but it’s not yet agreed to, and have viewings of other properties booked. I have selected a local conveyancing solicitor in Leyton. What do I do now? When do I get the mortgage application with UBS started?
It is usual to have anxieties where there is a chain as you are unlikely to want to incur costs too early (home loan application is approx one thousand pounds, then survey, Leyton conveyancing search charges, etc). First, you should check that your conveyancing practitioner is on the UBS approved list. Regarding the next phase this very much dictated by the uniqueness of your transaction, motivation for this property and on the state of the market. During a rising market the majority of buyers will apply for a home loan with UBS and arrange for the valuation and only if it comes back ok would they pay their property lawyer to move forward with searches.
We are buying a house and the lawyer has referenced Chancel Repair for which the house may be liable as it falls into the area of such a church. She has suggested insurance. Is this really warranted for conveyancing in Leyton
Unless a prior purchase of the premises took place post 12 October 2013 you can expect solicitors conducting conveyancing in Leyton to continue to propose a a chancel search and or insurance against a claim.
How does the Landlord & Tenant Act 1954 impact my business property in Leyton and how can your lawyers assist?
The particular law that you refer to provides protection to business lessees, granting the right to make a request to court for a new lease and remain in occupation at the end of an expired lease. There are certain specified grounds that a landlord can refrain from granting a lease renewal and the rules are complicated. Fees are different for commercial conveyancing. Leyton is one of the hundreds of locations in which the firms we work with have offices
We are four weeks into a residential purchase having been directed to solicitors by the high street agent to carry out the conveyancing in Leyton. I am am very dissatisfied with the quality of service. Could you help me find new solicitors?
They would need to be really bad to suggest replacing them. Has the loan offer been generated? If so you must inform them of the new contact details and have the mortgage documents are re-issued. Your conveyancer needs to be on the lenders approved list to avoid escalating costs and delays. That should be your first question of the new lawyers. The search tool can assist you in finding a bank approved solicitor for your conveyancing in Leyton
Back In 2003, I bought a leasehold house in Leyton. Conveyancing and TSB mortgage are in place. I have received a letter from someone saying they have taken over the freehold. Attached was a demand for arrears of ground rent dating back to 1991. The conveyancing solicitor in Leyton who acted for me is not around. Do I pay?
The first thing you should do is 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 Leyton conveyancing practitioner to do this as it can be done on-line for less than a fiver. Rest assured that regardless, even if this is the legitimate freeholder, under the Limitation Act 1980 the limitation period for recovery of ground rent is six years.
I inherited a ground flat in Leyton. In the absence of agreement between myself and the freeholder, can the Leasehold valuation Tribunal make a decision on the premium due for a lease extension?
Where there is a absentee freeholder or where there is dispute about the premium for a lease extension, under the Leasehold Reform, Housing and Urban Development Act 1993 you can apply to the First-tier Tribunal (Property Chamber) to calculate the price.
An example of a Freehold Enfranchisement matter before the tribunal for a Leyton property is 12 Nutfield Road in July 2014. the Tribunal judged that the price to be paid by the applicants for the freehold interest should be £19,572 This case was in relation to 2 flats. The unexpired lease term was 72.02 years.