My mortgage broker says he needs my Riddlesdown law firm’s panel member for the Nat West conveyancing panel. How do I obtain this. I have contacted my local Riddlesdown branch but they don't know it.
The sensible thing to do is ask for this information from your Riddlesdown solicitor . They keep a central record lender panel numbers.
After scouring online forums for an online solicitor in Riddlesdown, most comment that I must instruct a CQS assured solicitor. Can you explain what CQS is?
The Law Society's Conveyancing Quality Scheme is the recognised kitemark for legal experts in home ownership transfers, trusted by some of the UK's leading lenders. Four years ago the Conveyancing Quality Scheme was officially recognised by the Legal Ombudsman. CQS is not a scheme offered by the Council of Licensed Conveyancing. Riddlesdown is one of the numerous areas in England and Wales where there are Accredited lawyers.
I opted to have a survey done on a property in Riddlesdown in advance of instructing solicitors. I have been told that there is a flying freehold overhang to the house. Our surveyor advised that some banks may not give a mortgage on this type of home.
It varies from the lender to lender. Santander has different requirements from Nationwide. If you contact us we can check via the appropriate mortgage company. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Riddlesdown. Conveyancing may be slightly more expensive based on your lender's requirements.
My company is wishing to take an assignment of a lease of an office on the high street. Can you recommend solicitors offering no-sale-no charges for non-domestic conveyancing in Riddlesdown for below £2000?
We can recommend firms who host a wealth of experience of commercial conveyancing in Riddlesdown, including the sale and purchase of businesses as well as simply property. If you are looking to buy or lease a shop, pub, restaurant, office, retail premises or a whole business we will put you in touch with the right lawyer. Regarding the costs these will vary based on the structure and complexity of the proposed transaction. Let us have your contact information or email so as to enable us to supply you with a fixed commercial conveyancing quote.
Can you provide any top tips for leasehold conveyancing in Riddlesdown from the perspective of saving time on the sale process?
- A significant proportion of the delay in leasehold conveyancing in Riddlesdown can be reduced if you appoint lawyers as soon as you market your property and ask them to collate the leasehold documentation needed by the buyers’ solicitors. You may think that you are aware of the number of years left on your lease but you should double-check by asking your conveyancers. A purchaser's conveyancer will be unlikely to recommend their client to to exchange contracts if the remaining number of years is less than 75 years. In the circumstances it is important at an as soon as possible that you consider whether the lease term for your property needs extending. If it does, contact your solicitors before you put your premises on the market for sale. In the event that you altered the property did you need the Landlord’s approval? In particular have you laid down wooden flooring? Most leases in Riddlesdown state that internal structural alterations or laying down wooden flooring require a licence issued by the Landlord acquiescing to such alterations. If you fail to have the consents in place do not communicate with the landlord without checking with your solicitor in the first instance. Some Riddlesdown leases require Licence to Assign from the landlord. If this is the case, it would be prudent to place the estate agents on notice to make sure that the purchasers obtain financial (bank) and professional references. The bank reference should make it clear that the buyer is financially capable of paying the annual service charge and the actual amount of the service charge should be quoted in the bank’s letter. You will therefore need to provide your estate agents with the service charge figures so that they can pass this information on to the buyers or their lawyers.
After years of negotiations we simply can't agree with our landlord on how much the lease extension should cost for our flat in Riddlesdown. Can we issue an application to the Residential Property Tribunal Service?
in cases where there is a missing freeholder or if there is dispute about what the lease extension should cost, under the relevant legislation you can apply to the LVT to judgment on the premium.
An example of a Freehold Enfranchisement case for a Riddlesdown flat is The Woodlands 95 Purley Park Road in April 2009. The Tribunals own valuation produced the figure of £37,912. This case related to 6 flats. The unexpired term as at the valuation date was 78.32 years.
I have recently placed an offer on a leasehold flat in Riddlesdown and the mortgage adviser that we are using suggested his property lawyer. He quoted £1000 including VAT and 3rd party costs. Does this sound expensive?
Don't just go on a single quote. One should obtain like-for-like quotes for your conveyancing in Riddlesdown. Then pick one that you trust and crucially, is on the approved panel of the bank that you are sourcing your mortgage from.