We see that you have a post code search directory identifying firms on the Lloyds conveyancing panel. Do companies pay you a referral fee if I retain them for our conveyancing in Feltham?
We are a listing service only for law firms wishing to communicate if they are on the Lloyds conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Feltham.
I had intended to instruct a conveyancing solicitor in Feltham for our home move. Our financial adviser informed us that our mortgage company Clydesdale won't deal with them. Why is this not regarded as unduly restrictive?
A bank will require a panel conveyancer act for it. Borrowers are expected to meet the cost of this. Please make use of our directory service to select a solicitor to conduct conveyancing in Feltham on the Clydesdale approved list of solicitors.
About to purchase a new build flat in Feltham. Conveyancing is necessary evil at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build legal work.
Here are examples of a few leasehold new build enquiries that you may expect your new-build leasehold conveyancing in Feltham
The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme. Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose? The Vendor must covenant to keep unoccupied units in good repair until long leases are granted therefore. Forfeiture - bankruptcy or liquidation must not apply under this provision. There must be mutual enforceability of lessee’s covenants.
Due to the advice of my in-laws I had a survey completed on a property in Feltham prior to instructing lawyers. I have been informed that there is a flying freehold element to the property. The surveyor has said that some mortgage companies tend not issue a mortgage on this type of property.
It depends who your proposed lender is. HSBC has different instructions for example to Halifax. If you call us we can look into this further with the appropriate lender. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Feltham. Conveyancing may be slightly more expensive based on your lender's requirements.
Can you provide any advice for leasehold conveyancing in Feltham with the intention of speeding up the sale process?
- Much of the frustration in leasehold conveyancing in Feltham can be avoided if you appoint lawyers the minute your agents start advertising the property and ask them to put together the leasehold documentation needed by the buyers’ lawyers. If you hold a share in a the freehold, you should make sure that you are holding the original share document. Arranging a re-issued share certificate can be a lengthy process and delays many a Feltham conveyancing transaction. If a duplicate share certificate is required, do contact the company officers or managing agents (if relevant) for this sooner rather than later. A minority of Feltham leases require Licence to Assign from the landlord. If this is the case, you should place the estate agents on notice to make sure that the purchasers obtain financial (bank) and professional references. The bank reference will need to confirm that the buyers are able to meet the yearly 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 actual amount of the service charge so that they can pass this information on to the buyers or their solicitors. If there is a history of any disputes with your freeholder or managing agents it is very important that these are resolved before the property is marketed. The buyers and their solicitors will be reluctant to purchase a property where a dispute is unresolved. You will have to accept that you will have to discharge any arrears of service charge or resolve the dispute prior to completion of the sale. It is therefore preferable to have any dispute settled prior to the contract papers being issued to the buyers’ solicitors. You are still duty bound to disclose particulars of the dispute to the buyers, but it is clearly preferable to reveal the dispute as historic rather than unresolved.
Having spent years of negotiations we cannot agree with our landlord on how much the lease extension should cost for our flat in Feltham. Does the Leasehold Valuation Tribunal have jurisdiction to calculate the appropriate figures?
in cases where there is a missing landlord or where there is dispute about what the lease extension should cost, under the Leasehold Reform, Housing and Urban Development Act 1993 it is possible to make an application to the First-tier Tribunal (Property Chamber) to judgment on the price payable.
An example of a Lease Extension matter before the tribunal for a Feltham property is 147 Redford Close in June 2012. The Tribunal determined the lease extension premium to be at £4,200 This case related to 1 flat. The unexpired term was 82.93 years.