lenderpanel

Find a Charing Cross Conveyancing Solictior on Your Lender’s Panel

Ready to buy a new home in Charing Cross? Failing to check that a lawyer is on your lender’s list of approved solicitors can put your Charing Cross home move at risk of delay or failure.

Only LenderPanel.com provides a subset of authorised Charing Cross conveyancers for over 130 lenders.


Recently asked questions about conveyancing in Charing Cross

I am getting a mortgage with Halifax. I would like to employ the services of a Licensed Conveyancer in Charing Cross. Does the Halifax Conveyancing panel include conveyancers regulated by the CLC?

The Halifax conveyancing panel is, like many other lenders, represented by the Council or Mortgage Lenders or Building Society Association, open to Licensed Conveyancers regulated by the CLC.

We're in Charing Cross, FTBs purchasing with a mortgage (lender is Barclays , and our lawyer is on the Barclays conveyancing panel). How long should the conveyancing process take?

The fact that your lawyer is on the Barclays 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.

How does conveyancing in Charing Cross differ for newly converted properties?

Most buyers of new build or newly converted property in Charing Cross approach us having been asked by the builder to sign contracts and commit to the purchase even before the house is finished. This is because builders in Charing Cross typically purchase the land, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are accustomed to new build conveyancing in Charing Cross or who has acted in the same development.

I am looking for a leasehold apartment up to £235,500 and found one close by in Charing Cross I like with amenity areas and station nearby, the downside is that it's only got 49 years unexpired on the lease. There is not much else in Charing Cross for this price, so just wondered if I would be making a mistake acquiring a short lease?

Should you need a mortgage the shortness of the lease may be problematic. Discount the price by the anticipated lease extension will cost if it has not already been discounted. If the existing proprietor has owned the premises for at least 2 years you may ask them to commence the lease extension formalities and pass it to you. An additional ninety years can be extended on to the existing lease with a zero ground rent applied. You should consult your conveyancing solicitor about this.

I wish to rent out my leasehold flat in Charing Cross. Conveyancing solicitor who did the purchase is retired - so can't ask her. Do I need to ask my freeholder for their consent?

Even though your last Charing Cross conveyancing lawyer is not around you can check your lease to see if you are permitted to let out the apartment. The accepted inference is that if the deeds are non-specific, subletting is permitted. Quite often there is a prerequisite that you are obliged to obtain consent from your landlord or other appropriate person prior to subletting. The net result is you not allowed to sublet without prior consent. Such consent must not not be unreasonably turned down. If the lease prohibits you from letting out the property you will need to ask your landlord for their consent.

I inherited a a ground floor purpose built flat in Charing Cross. In the absence of agreement between myself and the landlord, can the Leasehold valuation Tribunal make a decision on the amount payable for a lease extension?

Most definitely. We are happy to put you in touch with a Charing Cross conveyancing firm who can help.

An example of a Freehold Enfranchisement case for a Charing Cross flat is 20 Avonwick Road in July 2013. The Tribunal was dealing with an application under Section 26 of the Leasehold Reform Housing and Urban Development Act 1993 for a determination of the freehold value of the property. It was concluded that the price to be paid was Fifteen Thousand Nine Hundred and Seventy (£15,970) divided as to £8,200 for Flat 20 and £7,770 for Flat 20A This case was in relation to 1 flat. The unexpired term was 73.26 years.

Last updated

Find out more about how flying freehold can affect your the value of a property.