My IFA has requested my Mortlake lawyer’ panel reference for the Santander conveyancing panel. What is the best way to discover this. I have contacted my local Mortlake office but they cant find it on their system.
The sensible thing to do is ask for this information from your Mortlake conveyancer . Most Mortlake 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.
My mortgage company has suggested a law firm on their panel based in Mortlake but I would rather instruct a conveyancing lawyer in Mortlake or nearer to where I live. Can you assist?
The minority of Mortlake conveyancing solicitors are on all banks conveyancing panel. Use our search tool to identify a Mortlake conveyancing conveyancer on the on the lender panel.
three months have elapsed following my purchase conveyancing in Mortlake took place. I have checked the Land Registry site which shows that I paid £200,000 when infact I paid £180,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the property from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
I am looking for a ground for flat up to £235,500 and identified one close by in Mortlake I like with a park and railway links in the vicinity, however it only has 52 remaining years left on the lease. I can't really find anything else in Mortlake suitable, so just wondered if I would be making a mistake acquiring a lease with such few years left?
Should you need a mortgage that many years will be a potential deal breaker. Reduce the price by the anticipated lease extension will cost if not already taken into account. If the existing proprietor has owned the premises for at least twenty four months you could request that they commence the lease extension formalities and then assign it to you. You can add 90 years to the current lease and have £0 ground rent by law. You should speak to your conveyancing solicitor regarding this.
All being well we will complete our sale of a £275,000 maisonette in Mortlake next week. The managing agents has quoted £372 for Certificate of Compliance, insurance certificate and previous years statements of service charge. Is the landlord entitled to charge such fees for a flat conveyance in Mortlake?
Mortlake conveyancing on leasehold apartments normally involves the purchaser’s solicitor sending questions for the landlord to address. Although the landlord is under no legal obligation to answer these enquiries most will be willing to do so. They may levy a reasonable charge for answering enquiries or supplying documentation. There is no set fee. The average costs for the information that you are referring to is over three hundred pounds, in some transactions it exceeds £800. The management information fee required by the landlord must be sent together with a synopsis of entitlements and obligations in relation to administration charges, otherwise the charge is not strictly payable. Reality however dictates that you have no choice but to pay whatever is demanded should you wish to exchange contracts with the buyer.
Having spent years of negotiations we cannot agree with our landlord on how much the lease extension should cost for our flat in Mortlake. Does the Leasehold Valuation Tribunal have jurisdiction to calculate the appropriate figures?
in cases where there is a missing freeholder or if there is disagreement about the premium for a lease extension, under the Leasehold Reform, Housing and Urban Development Act 1993 you can apply to the Leasehold Valuation Tribunal to judgment on the price.
An example of a Freehold Enfranchisement decision for a Mortlake residence is 19 St. Margarets Crescent in August 2010. the tribunal was of the view that the premium to be paid by the leaseholder for the freehold reversion was £51,983.00 This case was in relation to 3 flats. The unexpired term was 66.25 years.
Is it the case that all Mortlake property lawyers on every lender conveyancing panel?
You can use our search tool or you can pop into your local bank branch in Mortlake. the probability is that they will be in a position to suggest some approved conveyancing solicitors in Mortlake