I am only a couple days away from an exchange on a house in Petersham and my mum and dad have transferred the 10% deposit to my conveyancing practitioner. I am now told that as the deposit has not come from me my conveyancer needs to disclose this to my mortgage company. I am advised that, in also acting for the lender he must advise them that the balance of the purchase price is not just from me. I advised the mortgage company regarding my parents' contribution when I applied for the home loan, so is it really necessary for him to raise this?
Your lawyer is duty bound to clarify with lender to make sure that they know that the balance of the purchase price is not from your own resources. The solicitor can only reveal this to your mortgage company if you agree, failing which, your lawyer must cease to continue acting.
Do banks and building societies provide you with an approved list of Petersham conveyancing solicitors? How do you know who is on the Coventry BS conveyancing panel?
Petersham conveyancing firms themselves provide us confirmation that they are on the Coventry BS conveyancing panel as opposed to being supplied with a list from Coventry BS directly.
I'm refinancing my primary house to a buy to let loan with Birmingham Midshires and intend to use the remaining equity as a down payment on another house. The neighborhood we are interested in is Petersham. Will your solicitors be able to act for the two banks and tie in the two deals?
Do use our comparison tool on this site to ensure that the lawyers are approved by both banks. Having checked that they are the solicitor should be able to connect the two deals but you should talk with you conveyancer and make apparent your desired outcome and needs.
All being well we will complete the disposal of our £200,000 garden flat in Petersham in 5 days. The managing agents has quoted £360 for Landlord’s certificate, building insurance schedule and 3 years statements of service charge. Is it legal for a freeholder to charge such fees for a flat conveyance in Petersham?
For most leasehold sales in Petersham conveyancing will involve, queries regarding the management of a building inevitably needing to be answered directly by the freeholder or its agent, this includes :
Completing conveyancing due diligence enquiries
Where consent is required before sale in Petersham
Copies of the building insurance and schedule
Deeds of covenant upon sale
Registering of the assignment of the change of lessee after a sale
I inherited a ground-floor 1960’s flat in Petersham. Given that I can not reach agreement with the freeholder, can the Leasehold valuation Tribunal determine the sum payable for a lease extension?
Most definitely. We are happy to put you in touch with a Petersham conveyancing firm who can help.
An example of a Lease Extension matter before the tribunal for a Petersham flat is Ground Floor Flat 91 Bath Road in May 2009. in a case where the freeholder could not be traced, the Brentford County Court ordered that the Lease be surrendered in return for the grant of a new lease of the Premises at a premium determined by the Leasehold Valuation Tribunal. The tribunal concluded that the price payable by the Applicant for the new lease of the premises be £15,900 This case was in relation to 1 flat. The unexpired residue of the current lease was 60.45 years.
Can a conveyancer remove a person from the title of my home in Petersham ?
Removing or adding someone to the title of your house is relatively straightforward. You’ll need to appoint a lawyer to discuss your legal rights before you can proceed with a transfer of property. Contact us to book a free consultation with one a property lawyer