We note that you have a post code search directory identifying law firms on the Lloyds conveyancing panel. Do firms pay you a commission if I retain them for our own conveyancing in Ladbroke Grove?
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 Ladbroke Grove.
I am buying a right to buy a flat in Ladbroke Grove. Conveyancing solicitors are said to be ‘a necessary evil’ but can I do it myself?
Leaving aside the complexities and merits of DIY conveyancing in Ladbroke Grove you will have to appoint a solicitor on your mortgage company's conveyancing panel to look after their interests. Most people therefore find it easier to let the solicitor act for them and the lender. Furthermore there is minimal cost savings to be made in you doing conveyancing for yourself and another lawyer conducting the conveyancing for the lender. Please feel free to use the search tool to find a lawyer on your lender panel in Ladbroke Grove.
Due to the input of my in-laws I had a survey completed on a house in Ladbroke Grove in advance of instructing solicitors. I have been told that there is a flying freehold aspect to the house. Our surveyor has said that some banks may refuse to issue a loan on this type of home.
It depends who your proposed lender is. HSBC has different instructions for example to Halifax. If you e-mail us we can investigate further with the relevant bank. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Ladbroke Grove. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Ladbroke Grove to see if the conveyancing will be more expensive.
I've recently bought a leasehold house in Ladbroke Grove. Am I liable to pay service charges relating to a period prior to my ownership?
In a situation where the service charge has already been demanded from the previous lessee 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. 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).
We have reached the end of our tether in seeking a lease extension in Ladbroke Grove. Can this matter be resolved via the Leasehold Valuation Tribunal?
if there is a missing landlord or if there is dispute about what the lease extension should cost, under the relevant statutes it is possible to make an application to the First-tier Tribunal (Property Chamber) to calculate the sum to be paid.
An example of a Lease Extension matter before the tribunal for a Ladbroke Grove residence is Flat 1 57 Oxford Gardens in January 2014. the Tribunal decided that the premium to be paidfor a new lease is £61,650.00. This case affected 1 flat. The remaining number of years on the lease was 60 years.
We have appointed a Ladbroke Grove conveyancing solicitor for our house purchase (first time buyers) and have noticed in the terms and conditions that they are not overseen by the Financial Conduct Authority. Should I be concerned or is that usually the case with property lawyer?
We can't see why they should be. Most conveyancing practitioner don't lend money. You should check that they are regulated by the Solicitors Regulation Authority, who have stringent obligations covering funds deposited by them.