My IFA has requested my New Addington lawyer’ panel reference for the Santander conveyancing panel. How do I find this out. I have called my local New Addington office but they don't know it.
The sensible thing to do is ask for this information from your New Addington solicitor . They retain a central record lender panel numbers.
My solicitor has uncovered a a legal deficiency with the lease for the property we are buying in New Addington. The other side have offered defective title insurance as a solution. We are happy with insurance and will cover the costs. Our conveyancer says that he must check that the bank is content with this solution. Who is the client here, us or the mortgage company ?
Regardless of the fact that you have a mortgage offer from the bank does not mean to say that the property will meet their requirements for the purposes of a mortgage. Your lawyer has to ensure that the lease has to comply with the UK Finance Lenders’ Handbook provisions. You and the mortgage company are the client. These conveyancing instructions have to be complied with.
Do lenders provide you with an approved list of New Addington conveyancing solicitors? How do you know who is on the Leeds Building Society conveyancing panel?
New Addington conveyancing firms themselves provide us confirmation that they are on the Leeds Building Society conveyancing panel as opposed to being supplied with a list from Leeds Building Society directly.
Due to the guidance of my in-laws I had a survey completed on a property in New Addington in advance of appointing conveyancers. I have been informed that there is a flying freehold element to the house. The surveyor advised that some banks will refuse to issue a mortgage on such a home.
It depends who your proposed lender is. Santander has different instructions for example to Halifax. Should you wish to telephone us we can check with the relevant lender. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in New Addington. Conveyancing will be smoother if you use a solicitor in New Addington especially if they are accustomed to such properties in New Addington.
My husband and I are new on the property ladder - agreed a price, yet the agent advised that the owners will only proceed if we appoint their chosen conveyancers as they need an ‘expedited deal’. We would rather use a family solicitor accustomed to conveyancing in New Addington
It is unlikely the sellers are driving this. Should the vendor desire ‘a quick sale', alienating a genuine purchaser is is going to put the whole deal at risk. Speak to the owners direct and explain that (a)you are serious purchasers (b)you are excited to move forward, with finances arranged © you have nothing to sell (d) you wish to move quickly (e)however you will continue to appoint your preferred New Addington conveyancing firm - not the ones that will earn the negotiator at the agency a introducer fee or meet his conveyancing figures set by head office.
Having had my offer accepted I require leasehold conveyancing in New Addington. Before I get started I require certainty as to the number of years remaining on the lease.
If the lease is recorded at the land registry - and 99.9% are in New Addington - then the leasehold title will always include the short particulars of the lease, namely the date; the term; and the original parties. From a conveyancing perspective such details then enable any prospective buyer and lender to confirm that any lease they are looking at is the one relevant to that title. For any other purpose, such as confirming how long the term was granted for and calculating what is left, then the register should be sufficient on it's own.
Having spent years of correspondence we cannot agree with our landlord on how much the lease extension should cost for our flat in New Addington. Can we issue an application to the Residential Property Tribunal Service?
Most certainly. We are happy to put you in touch with a New Addington conveyancing firm who can help.
An example of a Freehold Enfranchisement matter before the tribunal for a New Addington flat is The Woodlands 95 Purley Park Road in April 2009. The Tribunals own valuation produced the figure of £37,912. This case was in relation to 6 flats. The unexpired residue of the current lease was 78.32 years.