Should conveyancers request an advanced payment for conveyancing in Seven Kings?

Where you are retaining lawyers for conveyancing in Seven Kings your lawyer will request that you place them with monies to cover the the cost of the conveyancing searches. Normally this is needed to cover the fees of the conveyancing searches. When the down payment is payable against the sale price then this will be required immediately in advance of exchange of contracts. The closing balance that is due will be payable shortly before completion.

My brother-in-law has suggested I instruct a conveyancing solicitor in Seven Kings. I I am struggling to find out whether they are on the TSB approved list of lawyers. Could you advise?

The first thing you should do is e-mail your conveyancer and ask them whether they are on the lender panel. Alternatively please call TSB who may be able to confirm.

I am looking for a ground for flat up to £235,500 and identified one round the corner in Seven Kings I like with a park and transport links in the vicinity, however it only has 52 years on the lease. I can't really find anything else in Seven Kings suitable, so just wondered if I would be making a grave error acquiring a short lease?

If you require a mortgage that many years will likely be a potential deal breaker. Reduce the price by the anticipated lease extension will cost if not already taken into account. If the existing owner has owned the property for at least twenty four months you may request that they start the process of the extension and pass it to you. An additional ninety years can be extended on to the existing lease with a zero ground rent applied. You should speak to your conveyancing solicitor regarding this.

Can you offer any advice when it comes to choosing a Seven Kings conveyancing practice to carry out our lease extension conveyancing?

If you are instructing a conveyancer for lease extension works (regardless if they are a Seven Kings conveyancing firm) it is most important that he or she should be familiar with the legislation and specialises in this area of work. We recommend that you speak with several firms including non Seven Kings conveyancing practices before you instructing a firm. Where the conveyancing practice is ALEP accredited then that’s a bonus. The following questions could be useful:

What are the costs for lease extension conveyancing? How familiar is the practice with lease extension legislation?

My wife and I have hit a brick wall in trying to reach an agreement for a lease extension in Seven Kings. Can the Leasehold Valuation Tribunal adjudicate on premiums?

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

An example of a Lease Extension decision for a Seven Kings premises is 49 Aldborough Road South in July 2012. The Tribunal decided that the premium payable for the grant of the new lease was £13,925 This case affected 1 flat. The number of years remaining on the existing lease(s) was 61.36 years.

Please can you recommend a trustworthy Seven Kings conveyancer for buying an apartment? A work colleague recommended one but their quote was £1150 for a 150k property. That seems a wee bit steep. The mortgage company will be Yorkshire BS.

The purpose of this site is restricted to being a directory service for conveyancing practitioners who want to be listed as being on the approved conveyancing panel for Yorkshire BS in certain locations such as Seven Kings . Our intention is not to recommend any specific conveyancing practitioner.