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Find a Copse Hill Conveyancing Solictior on Your Lender’s Panel

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

Only LenderPanel.com provides a subset of authorised Copse Hill conveyancers for over 130 lenders.


Recently asked questions about conveyancing in Copse Hill

Is the fact that my solicitor in Copse Hill is not on my bank's solicitor panel that there is a problem with the quality of her conveyancing?

It would not be wise to jump to that conclusion. There are all sorts of perfectly plausible explanations. A recent report by the solicitors regulator revealed that over three quarters of law firms surveyed had been removed from at least one lender panel. The top 5 reasons are as follows: (1) low volume of transactions (2) the solicitor is a sole practitioner (3) as part of the HSBC panel reduction (4) regulatory contact by SRA (5) accidental removal. If you are concerned you should simply call the Copse Hill conveyancing firm and ask them why they are no longer on the approved list for your bank.

Why is leasehold purchase conveyancing in Copse Hill is more expensive?

Copse Hill leasehold conveyancing transactions usually involve additional investigations than freeholds including investigating the Lease, liaising with the Landlord such as serving applicable notices on the Landlord or managing agent, obtaining up-to-date service charge and management information, obtaining Landlord’s consents and reviewing management accounts and formation documents.

Is it necessary during the course of the conveyancing process to attend the offices of the solicitor to execute the mortgage deed? If so, I will instruct a firm who offer conveyancing in Copse Hill so that I can attend their offices if necessary.

Nowadays approved lawyers for lenders conduct all of the work via Royal Mail, e-mail or over phone calls. This enables them to conduct the conveyancing transaction regardless of where you live in England or Wales. That being said you can see if you have the option of going to the offices of your conveyancing lawyer if needed.

In my capacity as executor for the estate of my aunt I am disposing of a house in Newport but I am based in Copse Hill. My lawyer (approximately 200 kilometers from merequires that I sign a statutory declaration ahead of the transaction finalising. Can you recommend a conveyancing practitioner in Copse Hill to witness and place their company stamp on the document?

Technically speaking you should not be required to have the documents witnessed by a conveyancing solicitor. Normally any notary public or solicitor will suffice regardless of whether they are located in Copse Hill

Last January I purchased a leasehold flat in Copse Hill. Am I liable to pay service charges for periods before my ownership?

In a situation 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. Strange as it may seem, your landlord may still be able to take action to forfeit the lease. A critical element of leasehold conveyancing for your conveyancer to be sure 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).

I inherited a second floor flat in Copse Hill. In the absence of agreement between myself and the freeholder, can the Leasehold valuation Tribunal make a decision on the premium payable for the purchase of the freehold?

Where there is a absentee freeholder or where there is disagreement about the premium for a lease extension, under the relevant legislation you can apply to the First-tier Tribunal (Property Chamber) to make a decision on the price payable.

An example of a Lease Extension decision for a Copse Hill residence is 83 Balvernie Grove in February 2012. The Tribunal assessed the price to be paid by the leaseholder to the freeholder for the lease extension pursuant to section 48 of the Leasehold Reform Housing & Urban Development Act 1993 should be£16,603.00 This case related to 1 flat. The unexpired residue of the current lease was 69.32 years.

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