My partner and I are intent on buying a maisonette in West Wickham. My property lawyer is not on the bank conveyancing panel. Am I still permitted to appoint my West Wickham conveyancing solicitor notwithstanding that they are not on the bank approved list?
You have a couple of options available to you here
- Complete the deal with your existing West Wickham property lawyer but your bank will undoubtedly use a property lawyer from their approved list. The net result is additional fees together with likely frustration.
- Choose a fresh conveyancing practitioner to act in the purchase, making sure they are on the mortgage company conveyancing panel.
- Convince your conveyancer to do everything within their powers to get listed on the mortgage company conveyancing panel
There is lots of information on this site concerning conveyancing in West Wickham but can you isolate your top tip for appointing the right conveyancer in West Wickham
It would be unwise to be swayed by the cheapest West Wickham conveyancing costs illustration. You really do get what you pay for when it comes to property lawyers. A cheap quote may mean that the conveyancing solicitor is handling a lot of jobs at one time and you won’t get the quality of service and the attention that you need. It is, however, wise to use a conveyancer who has a fixed fee on a no sale, no fee basis. This way, you know exactly what you’ll have to pay in ahead of the deal.
is it true that all West Wickham solicitor practices on the UBS conveyancing panel are governed by the SRA?
As solicitors, in order to be on the UBS approved list of solicitors they would need to be governed by the SRA. Some banks do permit licenced conveyancers on their panel in which case such practice would be governed by the Council of Licensed Conveyancers.
We previously selected conveyancing lawyers with offices in West Wickham on the Nationwide solicitor panel. They have just billed me an additional charge for dealing with the Nationwide mortgage. Is this a supplemental conveyancing fee specified by Nationwide?
Provided it is contained in their Terms and Conditions or estimate then yes your property lawyer can charge a fee for this. This fee is not dictated by Nationwide but by your West Wickham lawyer. Some firms on the Nationwide panel will levy ’dealing with mortgage’ fee but some practices incorporate it on their overall fee.
What will a local search inform me regarding the property my wife and I purchasing in West Wickham?
West Wickham conveyancing often commences with the applying for local authority searches directly from your local Authority or via a personal search company such as Xpress Legal The local search plays an important role in many a West Wickham conveyancing purchase; as long as you wish to avoid any unpleasant once you have moved into your new home. The search will reveal data on, amongst other things, details on planning applications relevant to the premises (whether granted or refused), building control history, any enforcement action, restrictions on permitted development, nearby road schemes, contaminated land and radon gas; in all a total of 13 subject headings.
I have just appointed agents to market my ground floor flat in West Wickham. Conveyancing solicitors are to be appointed soon, but I have just received a quarterly maintenance charge demand – what should I do?
It best that you pay the service charge as usual given that all ground rent and maintenance invoices should be apportioned as part of the financial calculations for completion monies, so you should recover the relevant percentage by the purchaser for the period running from after the completion date to the next payment date. Most management companies will not acknowledge the buyer until the service charges have been paid and are up to date, so it is important for both buyer and seller for the seller to show that they are up to date. Having a clear account will assist your cause and will leave you no worse off financially.
Having spent years of dialogue we simply can't agree with our landlord on how much the lease extension should cost for our flat in West Wickham. Does the Leasehold Valuation Tribunal have jurisdiction to calculate the appropriate figures?
in cases where there is a missing freeholder or if there is dispute about the premium for a lease extension, 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 determine the premium.
An example of a Freehold Enfranchisement decision for a West Wickham residence is 26 Manor Road in July 2010. the Tribunal decided that price to be paid for the freehold was £12,420 This case related to 2 flats. The number of years remaining on the existing lease(s) was 76.75 and 88.83.
Finally our conveyancing in West Wickham is set to complete next Friday, however the vendors I am purchasing from wants to move out 24 hours later at noon. Do I agree to this?
In situations where you require a loan then your lawyer will require that the premises arevacant on Friday - the lender will compel it.