My IFA requires my Lower Clapton lawyer’ panel member for the Santander conveyancing panel. What is the best way to find this out. I have tried my local Lower Clapton branch but they have not got back to me yet.
You are best placed to get this information from your Lower Clapton conveyancing practitioner . They keep a central record lender panel numbers.
We see that you have a post code search directory listing firms on the UBS conveyancing panel. Do companies pay you a referral fee if I appoint them for our conveyancing in Lower Clapton?
We are a listing service only for law firms wishing to communicate if they are on the UBS conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Lower Clapton.
My property lawyer in Lower Clapton is not on the Santander Approved Panel. Is it possible for me to retain my family solicitor even though they are excluded from the Santander approved list?
The limited options available to you here include:
- Complete the purchase with your existing Lower Clapton solicitors but Santander will need to use a conveyancer on their list of acceptable firms. This will inevitably rack up the overall conveyancing charges as well as cause frustration.
- Get an alternative solicitor to act in the conveyancing, not forgetting to check they are Santander approved.
- Persuade your Santander solicitor to seek to join the Santander panel
A friend recommended that if I am buying in Lower Clapton I should ask my conveyancer to carry out a Neighbourhood, Planning and Local Amenity Search. What does it cover?
This is a search is occasionally quoted for as part of the standard Lower Clapton conveyancing searches. It is not a small report of about 40 pages, listing and detailing significant information about Lower Clapton around the property and the people living there. It includes an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the local Housing Market, Council Tax Banding, the type of People living in the area, the dominant type of Housing, the Average Property Price, Crime details, Local Education with maps and statistics, Local Amenities and other useful information regarding Lower Clapton.
I am looking for a flat up to £235,500 and found one round the corner in Lower Clapton I like with amenity areas and railway links nearby, however it only has 51 years on the lease. I can't really find anything else in Lower Clapton in this price bracket, so just wondered if I would be making a grave error buying a lease with such few years left?
Should you need a home loan the remaining unexpired lease term may be an issue. Discount the price by the amount the lease extension will cost if it has not already been discounted. If the existing proprietor has owned the property for a minimum of twenty four months you can request that they start the process of the extension and pass it to you. You can add 90 years to the existing lease term and have £0 ground rent by law. You should speak to your conveyancing lawyer concerning this matter.
Completion is due on our sale of a £425,000 garden flat in Lower Clapton on Tuesday in a week. The management company has quoted £300 for Landlord’s certificate, insurance certificate and 3 years service charge statements. Is it legal for a freeholder to charge exorbitant fees for a flat conveyance in Lower Clapton?
Lower Clapton conveyancing on leasehold flats more often than not necessitates the purchaser’s solicitor submitting enquiries for the landlord to answer. Although the landlord is under no legal obligation to answer these enquiries the majority will be content to assist. They are at liberty to invoice a reasonable administration fee for responding to enquiries or supplying documentation. There is no upper cap for such fees. The average fee for the information that you are referring to is £350, in some situations it exceeds £800. The management information fee levied by the landlord must be accompanied by a summary of entitlements and obligations in respect of administration fees, otherwise the invoice is not strictly payable. In reality you have little choice but to pay whatever is requested of you should you wish to sell the property.
Having spent months of correspondence we simply can't agree with our landlord on how much the lease extension should cost for our flat in Lower Clapton. Does the Leasehold Valuation Tribunal have jurisdiction to calculate the appropriate figures?
You certainly can. We can put you in touch with a Lower Clapton conveyancing firm who can help.
An example of a Freehold Enfranchisement decision for a Lower Clapton residence is 104 Nightingale Road in May 2009. The Tribunal's Decision is that the premium torbe paid for the enfranchisement in this case is £112,174 This case related to 10 flats. The unexpired residue of the current lease was 71.25 years.