We are buying a 2 bedroom apartment in Raynes Park with a mortgage. We wish to retain our Raynes Park solicitor, however the lender advise she’s not on their "panel". We have to appoint one of the lender panel firms or keep our Raynes Park conveyancing practitioner and pay for one of their panel ones to act for them. This feels very unfair; can we not demand that the mortgage company use our Raynes Park lawyer ?
No, not really. The mortgage offered to you is subject to its terms and conditions, one of which will be that lawyers will on the bank’s conveyancing panel. Until recently, most lenders had large numbers of law firms on their panels: a borrower could choose one for themselves, as long as it was on the lender's panel. The lender would then simply instruct the borrower's lawyers to act for the lender, too. You can use your lender's panel lawyers or you could borrow from another lender which does not restrict your choice. A further alternative is for your Raynes Park conveyancing lawyer to apply to be on the conveyancing panel.
Can the conveyancing solicitors to be found on your site carry out auction conveyancing in Raynes Park?
There are a few auction lawyers we can put you in touch with those specialising in auction conveyancing. Raynes Park is one of our locations in which our lawyers are based.
We're in Raynes Park, First time buyers buying with a mortgage (lender is Lloyds , and our solicitor is on the Lloyds conveyancing panel). How long should the conveyancing process take?
The fact that your lawyer is on the Lloyds conveyancing panel is a help. It would almost certainly delay matters if they were not. However, no conveyancing practitioner should guarantee a timeframe for your conveyancing, due to third parties outside of your control such as delays caused by lenders,conveyancing search providers or by the other side’s solicitors. The time taken is often determined by the number of parties in a chain.
Are there any apps to assist me to identify a Raynes Park solicitor on the Bank of Scotland conveyancing panel? I have a car and am happy to travel upto 10kilometers to meet the solicitor.
You can use the facility on this website. Please choose the bank and your location and you will see a number of Raynes Park conveyancing lawyers locally. We have detailed some Raynes Park conveyancing firms towards the end of this page and you can contact them to check whether they are on the Bank of Scotland approved list
In sourcing the internet for the phrase conveyancing in Raynes Park it shows results of many conveyancersin the area. With so much choice what is the best way to find the suitable solicitor for me?
The ideal method of choosing the right conveyancer is via trusted referral, so seek the guidance of colleagues and relatives who have acquired a property in Raynes Park or a respected estate agent or financial adviser. Fees for conveyancing in Raynes Park differ, so it's a good idea to secure a minimum of four fee estimates from varying types of law firms. Dont forget to clarify what costs in the quote includes.
I today plan to offer on a house that appears to tick a lot of boxes, at a reasonable figure which is making it more attractive. I have since found out that it's a leasehold as opposed to freehold. I am assuming that there are issues buying a leasehold house in Raynes Park. Conveyancing solicitors have not yet been instructed. Will they explain the issues?
The majority of houses in Raynes Park are freehold rather than leasehold. This is one of the situations where having a local conveyancer who is familiar with the area who can assist with the conveyancing process. We note that you are buying in Raynes Park so you should seriously consider looking for a Raynes Park conveyancing solicitor and be sure that they have experience in dealing with leasehold houses. As a matter of priority you will need to check the number of years remaining. As a lessee you will not be entirely free to do whatever you want with the house. The lease comes with conditions such as obtaining the freeholder’spermission to carry out changes to the property. You may also be required to pay a contribution towards the maintenance of the estate where the property is located on an estate. Your solicitor will appraise you on the various issues.
I am the registered owner of a ground flat in Raynes Park. 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?
Absolutely. We can put you in touch with a Raynes Park conveyancing firm who can help.
An example of a Lease Extension matter before the tribunal for a Raynes Park property is 33 The Maisonettes Alberta Avenue in June 2014. the Tribunal decided that the premium payable for the grant of a new lease be the sum of £20,680 (Twenty Thousand six hundred and eighty pounds). This case was in relation to 1 flat. The unexpired term as at the valuation date was 60.43 years.