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Find a South Acton Conveyancing Solictior on Your Lender’s Panel

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

Only LenderPanel.com provides a subset of authorised South Acton conveyancers for over 130 lenders.


Recently asked questions about conveyancing in South Acton

I own a freehold house in South Acton but still invoiced for rent, why is this and what is this?

It’s unusual for properties in South Acton and has limited impact for conveyancing in South Acton but some freehold properties in England (particularly common in North West England) pay an annual sum known as a Chief Rent or a Rentcharge to a third party who has no other legal interest in the land.

Rentcharge payments are usually between £2.00 and £5.00 per year. Rentcharges have existed for hundreds of years, but the Rent Charge Act 1977 barred the creation of fresh rentcharges from 1977 onwards.

Old rentcharges can now be extinguished by making a one off payment under the Act. Any rentcharges that are still in existence in 2037 will be dispensed with completely.

Forgive me if this question is silly but I am unexperienced as a 1st time purchaser of a ground floor flat in South Acton. Do I pick up the keys to the house on completion from my conveyancer? If so, I will find a High Street conveyancing solicitor in South Acton?

On the day of completion you do not need to attend the conveyancers office in South Acton. Your solicitors will electronically transfer the completion advance to the owner’s lawyers, and shortly after the monies have arrived, you should be called to collect the keys from the selling Agents and start moving into the property. This tends to happen early afternoon.

We have agreed to purchase a house in South Acton. An unusual aspect is that the roof has a solar panel. Principality have issued a mortgage offer so presumably this is not a concern to them. Why is my solicitor raising questions about the panel?

As you are obtaining a mortgage with Principality your lawyer must comply with the formal instructions set out in Section 2 of UK Finance Lenders’ Handbook for Principality. The CML Handbook includes minimum provisions for solar panel roof-space leases, and conveyancing practitioners are required to report to Principality where a lease fails to satisfy these provisions. The conditions relate to the installation of panels on properties nationwide and is not limited to South Acton.

I was told four weeks ago that my mortgage has been agreed to by Aldermore. Is it usual for Aldermore to only issue the offer once my solicitor in South Acton is approved on their conveyancing panel? Aldermore have asked my solicitor to see a copy of their PI Insurance.

A lender would not issue a mortgage until they have details of a lawyer on their panel. It can take a few weeks for Aldermore to deal with your lawyer's application to be on the Aldermore conveyancing panel. There's no guarantee that your solicitor will be accepted.

I have been on the look out for a flat up to £195,000 and found one close by in South Acton I like with amenity areas and transport links in the vicinity, the downside is that it's only got 61 years unexpired on the lease. I can't really find anything else in South Acton in this price bracket, so just wondered if I would be making a mistake acquiring a lease with such few years left?

Should you need a mortgage the remaining unexpired lease term may be problematic. Reduce the offer by the expected lease extension will cost if not already taken into account. If the current proprietor has owned the property for at least twenty four months you could request that they start the process of the extension and then assign it to you. An additional ninety years can be extended on to the existing lease term with a zero ground rent applied. You should speak to your conveyancing lawyer about this matter.

My partner and I may need to sub-let our South Acton ground floor flat temporarily due to a career opportunity. We used a South Acton conveyancing practice in 2001 but they have since shut and we did not have the foresight to get any guidance as to whether the lease allows us to sublet. How do we find out?

Your lease governs the relationship between the freeholder and you the flat owner; in particular, it will say if subletting is prohibited, or permitted but only subject to certain conditions. The accepted inference is that if the lease contains no expres ban or restriction, subletting is permitted. Most leases in South Acton do not contain strict prohibition on subletting – such a provision would adversely affect the market value the property. Instead, there is usually simply a requirement that the owner notifies the freeholder, possibly supplying a duplicate of the tenancy agreement.

Following years of correspondence we cannot agree with our landlord on how much the lease extension should cost for our flat in South Acton. Can we issue an application to the Residential Property Tribunal Service?

Most certainly. We can put you in touch with a South Acton conveyancing firm who can help.

An example of a Freehold Enfranchisement case for a South Acton property is 169 Southfield Road in September 2013. the tribunal decided that the premium to be paid in respect of the collective enfranchisement should be £51,203 This case affected 2 flats. The unexpired lease term was 64.64 years.

I am Googling for South Acton competitive conveyancing fees. Can I be confident that all the South Acton law firms that are listed on your site are on the lender conveyancing panel?

The law firms listed on our site have assured us via an online form that they are on the mortgage company panel and agreed to advise us to take down their listing in the event of removal off of the bank panel. To date we have not been informed by either a mortgage company or a member of the public that the data about a specific South Acton firm being on the bank conveyancing panel is incorrect.

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