Do I find a Licenced Conveyancer or Solicitor for conveyancing in Cheam?

There are many registered licenced Conveyancers in Cheam and Solicitor firms in Cheam to choose from We would stress that both are supervised by regulatory bodies with both specialising in the legal work in transferring property. The two can conduct other property legal work such as remortgage conveyancing, lease extensions and transfer of equity conveyancing.

I am buying a property in Cheam. A rare aspect is that the roof has a solar panel. Co-operative have issued a mortgage offer so presumably this is not a concern to them. Why is my solicitor raising questions about the panel?

As your lender is Co-operative your lawyer must check the formal requirements set out in Section 2 of UK Finance Lenders’ Handbook for Co-operative. The CML Handbook sets out minimum specifications for solar panel roof-space leases, and property lawyers are required to report to Co-operative where a lease fails to meet these requirements. The conditions relate to the installation of panels on properties nationwide and is not limited to Cheam.

I recently had an offer agreed on an apartment in Cheam. My financial adviser recommended their conveyancers. I paid an on account payment of £150. A few days later, the solicitor contacted me embarrassingly acknowledging that they were not on the Clydesdale conveyancing panel. Am I right in thinking that I should be due a refund?

You should be able to recover this from the law firm if they were not on the Clydesdale panel. They should have asked at the outset which lender you were obtaining a mortgage with. An important lesson to readers of this site is to check that the lawyers are on the appropriate lender panel.

Over the last few months I have been searching for a flat up to £245,000 and found one round the corner in Cheam I like with open areas and railway links in the vicinity, however it's only got 61 remaining years left on the lease. There is not much else in Cheam in this price bracket, so just wondered if I would be making a grave error acquiring a short lease?

Should you require a home loan the shortness of the lease will likely be an issue. Reduce the offer by the anticipated lease extension will cost if not already taken into account. If the existing proprietor has owned the premises for a minimum of twenty four months you could request that they commence the lease extension formalities and then assign it to you. An additional ninety years can be extended on to the current lease and have £0 ground rent by law. You should speak to your conveyancing solicitor about this matter.

What tools are available to identify a Cheam solicitor on the Aldermore conveyancing panel? I have wheels and am prepared to travel upto 10miles to meet the solicitor.

Feel free to make use of the tool on this website. Please choose the bank and your location and you will see a number of Cheam conveyancing lawyers based on proximity. We have detailed some Cheam conveyancing firms at the bottom of this page and you can ring them to verify whether they are on the Aldermore panel

I've recently bought a leasehold house in Cheam. Do I have any liability for service charges for periods before completion of my purchase?

Where the service charge has already been demanded from the previous owner and they have not paid you would not usually be personally liable for the arrears. However, your landlord may still be able to take action to forfeit the lease. It is an essential part of leasehold conveyancing for your conveyancer to ensure to have an up to date clear service charge receipt before completion of your purchase. If you have a mortgage this is likely to be a requirement of your lender.

If you purchase part way through an accounting year you may be liable for charges not yet demanded even if they relate to a period prior to your purchase. In such circumstances your conveyancer would normally arrange for the seller to set aside some money to cover their part of the period (usually called a service charge retention).

My wife and I have hit a brick wall in seeking a lease extension in Cheam. Can the Leasehold Valuation Tribunal adjudicate on premiums?

Most certainly. We can put you in touch with a Cheam conveyancing firm who can help.

An example of a Lease Extension matter before the tribunal for a Cheam residence 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.

I see that you have a search directory identifying law firms on the lender conveyancing panel. Do Cheam conveyancing companies pay you a referral fee if I retain them for my conveyancing?

We are a listing service only for law firms wishing to communicate if they are on the mortgage company conveyancing panel or other lender panels. We do not charge referral fees to the any conveyancer that you subsequently appoint for your conveyancing in Cheam.