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Find a Lower Morden Conveyancing Solictior on Your Lender’s Panel

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

Only LenderPanel.com provides a subset of authorised Lower Morden conveyancers for over 130 lenders.


Recently asked questions about conveyancing in Lower Morden

Completed the sale of my flat in Lower Morden last May yet the purchaser is whats apping daily to moan that her solicitor is waiting to hear from mysolicitor. What should my lawyer have done following completion?

After completion of your sale your conveyancer should send the transfer deeds and all supplemental paperwork to the purchaser's lawyers. Depending on the transaction, your lawyer must also send confirmation that the mortgage has been redeemed to the purchasers solicitors. There are no post completion tasks just for conveyancing in Lower Morden.

We are purchasing a property in Lower Morden. I might seem paranoid but how we can trust a solicitor? At some point we will need to put money into their account. What is the protection we have from them run away with our money?

Be assured that all money in a Solicitors client account is 100% safe, and even if your Solicitor ran off with it, the Law Society would reimburse you fully.

Is there a list of UBS panel conveyancers in Lower Morden on the Council of Mortgage Lender’s Website?

Unfortunately not yet. There is no such tool on the CML or Building Society Association sites. Very few banks make their panel listings open the public online. If you are seeking to appoint a Lower Morden lawyer on the UBS please make the most of our tool.

We previously appointed conveyancers located in Lower Morden on the Barclays solicitor approved list. They have just invoiced me an additional charge for dealing with the Barclays mortgage. Is this an additional conveyancing fee specified by Barclays?

As unfair as it may seem, as long as it’s in their Terms of Engagement or Quote then yes your conveyancing practitioner may levy a fee for this. This fee is not dictated by Barclays but by your Lower Morden lawyer. Plenty of firms on the Barclays panel will charge ’dealing with mortgage’ fee and others do not.

Due to the encouragement of my in-laws I had a survey completed on a property in Lower Morden before retaining lawyers. I have been advised that there is a flying freehold element to the house. The surveyor advised that some mortgage companies may refuse to issue a loan on such a premises.

It varies from the lender to lender. Santander has different instructions for example to Halifax. Should you wish to call us we can investigate further with the appropriate mortgage company. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Lower Morden. Conveyancing may be slightly more expensive based on your lender's requirements.

I am employed by a long established estate agent office in Lower Morden where we see a few flat sales jeopardised due to leases having less than 80 years remaining. I have been given conflicting advice from local Lower Morden conveyancing solicitors. Could you confirm whether the owner of a flat can initiate the lease extension process for the buyer?

Provided that the seller has owned the lease for at least 2 years it is possible, to serve a Section 42 notice to kick-start the lease extension process and assign the benefit of the notice to the purchaser. The benefit of this is that the buyer need not have to sit tight for 2 years for a lease extension. Both sets of lawyers will agree to form of assignment. The assignment needs to be completed prior to, or simultaneously with completion of the disposal of the property.

Alternatively, it may be possible to extend the lease informally by agreement with the landlord either before or after the sale. If you are informally negotiating there are no rules and so you cannot insist on the landlord agreeing to grant an extension or transferring the benefit of an agreement to the buyer.

My wife and I have hit a brick wall in seeking a lease extension in Lower Morden. Can this matter be resolved via the Leasehold Valuation Tribunal?

if there is a missing freeholder or where there is dispute about what the lease extension should cost, under the relevant legislation it is possible to make an application to the First-tier Tribunal (Property Chamber) to make a decision on the sum to be paid.

An example of a Lease Extension matter before the tribunal for a Lower Morden residence is 33 The Maisonettes Alberta Avenue in June 2014. the Tribunal decided that the premium payable for the grant of a new lease be the sum of £20,680 (Twenty Thousand six hundred and eighty pounds). This case affected 1 flat. The unexpired residue of the current lease was 60.43 years.

Our lender agreed in principle to issue us a mortgage. We appointed a high street conveyancer in Lower Morden yesterday. This morning, our broker phoned to advise us that the bank said that we cannot use our solicitor as they aren't on their panel. As novices, we had no idea that the bank had some control over our choice Is this legal?

You are at liberty to select any property lawyer you want to use including the said conveyancer in Lower Morden nevertheless if your lender aren't happy with them you will have to incur additional cost so your lender can appoint their own conveyancer too. sometimes it is conceivable that your preferred conveyancing firm to get added to the bank list of approved firms. You can use internet tools including lenderpanel.com to find a conveyancing solcitor in Lower Morden on the lender panel. You can go into your local lender branch in Lower Morden. They will know some good conveyancing solicitors in Lower Morden on the mortgage company panel.

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Find out more about how flying freehold can affect your the value of a property.