I am obtaining a mortgage with Lloyds. I hope to instruct a Licensed Conveyancer in Blackfriars. Does the Lloyds Solicitor panel exclude Licensed Conveyancers?
The Lloyds approved solicitor list is, like many other lenders, associated to the Council or Mortgage Lenders or BSA, open to Licensed Conveyancers regulated by the Council of Licensed Conveyancers.
What does commercial conveyancing in Blackfriars cover?
Blackfriars conveyancing for business premises covers a wide array of services, offered by regulated solicitors, relating to business property. By way of example, this area of conveyancing can cover the sale or purchase of freehold business premises or, more usually, the assignment of existing leases or the drafting of new leasing arrangements. Commercial conveyancing solicitors can also offer advice on the sale of business assets, commercial mortgages and the termination of leases.
We are 18 days into a leasehold purchase having been referred to conveyancers by the estate agent to perform conveyancing in Blackfriars. I am not happy. Can you help me find new conveyancers?
They would have to be very poor to suggest replacing them. Has the mortgage offer been issued? In the event that it has you must make them aware of the new lawyer and ensure the loan are re-issued. Your new conveyancer should be on the banks panel to avoid added costs and frustration. So that should be your first question of the new solicitors. The search tool will help you find a lender approved lawyer for your home move in Blackfriars
I have just started marketing my ground floor flat in Blackfriars. Conveyancing solicitors are to be appointed soon, but I have just received a yearly service charge invoice – Do I pay up?
Your conveyancing lawyer is likely to suggest that you should pay the invoice as normal because all rents and service payments should be allotted as part of the financial calculations for completion monies, so you should recover the relevant percentage by the buyer for the period running from after the completion date to the next payment date. Most management companies will not acknowledge the buyer unless 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. This will smooth the conveyancing process.
I have given up trying to purchase the freehold in Blackfriars. Can this matter be resolved via the Leasehold Valuation Tribunal?
in cases where there is a absentee landlord or if there is disagreement 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 make a decision on the amount due.
An example of a Lease Extension case for a Blackfriars residence is Flat 89 Trinity Court Grays Inn Road in February 2013. the Tribunal found that the premium to be paid by the tenant on the grant of a new lease, in accordance with section 56 and Schedule 13 to the Leasehold Reform, Housing and Urban Development Act 1993 should be £36,229. This case affected 1 flat. The number of years remaining on the existing lease(s) was 66.8 years.
Me and my wife are selling a Blackfriars bungalow left to us six years ago in 2009. I have over 12 years conveyancing experience and, now retired, see no reason not to conduct the legal work. The buyer's property lawyer has informed me that their bank will not allow you to do your own conveyancing insisting the funds to be released via a solicitor's bank account.
Mortgage instructions to conveyancers from all CML members state that If the seller is not legally represented the purchaser’s lawyers should check whether the lender needs to be notified so that a decision can be reached if they are willing to proceed.