lenderpanel

Find a Motspur Park Conveyancing Solictior on Your Lender’s Panel

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

Only LenderPanel.com provides a subset of authorised Motspur Park conveyancers for over 130 lenders.


Recently asked questions about conveyancing in Motspur Park

The Motspur Park conveyancing firm that I recently instructed on my purchase in Motspur Park have without warning shut down. They were on acting for me because I needed a solicitor on the Clydesdale conveyancing panel and my preferred Motspur Park lawyer was not. I paid them money in advance. What are my options?

Assuming that you have an Estate Agent in the equation then let them know straight away so that they advise the vendors that there may be a slight delay due to reasons beyond your control. Most sellers would be sympathetic and urge their lawyer to send a new set of papers to your new solicitors. You should appoint new lawyers that are on the Clydesdale conveyancing panel and notify the lender. If you have paid over any money, it will hopefully be held by the SRA as money in an intervened firm's bank accounts is transferred to the SRA. Then, the SRA or the intervention agent looks at the intervened firm's accounts to work out who the money belongs to. To claim your money you will need to contact the SRA. If the SRA cannot return money you are owed from the firm's bank accounts, or if they can only return part of the money, you can apply to the Compensation Fund for a grant. Your new lawyers may be able to help.

My wife and I are downsizing from our house in Motspur Park and according to the buyers it appears that there is a possibility that the property was constructed on contaminated land. Any high street Motspur Park conveyancer would know that there is no such problem. It does beg the question why the purchasers used a national conveyancing outfit as opposed to a conveyancing solicitor in Motspur Park. We have lived in Motspur Park for many years we know that this is a non issue. Should we get in touch with our local Authority to seek clarification that there is no issue.

It would appear that you have a conveyancing solicitor currently acting for you. What do they say? You must enquire of your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out health insurance to cover that same sickness)

What does commercial conveyancing in Motspur Park cover?

Motspur Park conveyancing for business premises incorporates a broad range of services, offered by regulated solicitors, relating to business premises. By way of example, this area of conveyancing can cover the sale or purchase of freehold business premises or, more usually, the transfer of existing business tenancies or the drafting of new leasing arrangements. Commercial conveyancing solicitors can also offer advice on the sale of business assets, commercial loans and the termination of tenancies.

My wife and I have hit a brick wall in trying to purchase the freehold in Motspur Park. Can the Leasehold Valuation Tribunal adjudicate on premiums?

Most certainly. We can put you in touch with a Motspur Park conveyancing firm who can help.

An example of a Lease Extension case for a Motspur Park property 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 was in relation to 1 flat. The unexpired residue of the current lease was 60.43 years.

What makes a Motspur Park lease unacceptable for security purposes?

Leasehold conveyancing in Motspur Park is not unique. Most leases are drafted differently and drafting errors can sometimes mean that certain sections are erroneous. For example, if your lease is missing any of the following, it could be defective:

    Service charge per centages that don't add up correctly leaving a shortfall

A defective lease can cause problems when trying to sell a property primarily because it impacts on the ability to obtain a mortgage on the property. HSBC Bank, Virgin Money, and Aldermore all have express requirements when it comes to what is expected in a lease. Where a lender has been advised by their lawyers that the lease is defective they may refuse to provide security, obliging the buyer to pull out.

I am Googling for Motspur Park online conveyancing estimates. Can I be sure that all the Motspur Park law firms that are identified on your directory are on the mortgage company conveyancing panel?

The law firms on our directory 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 bank or a member of the public that the data about a specific Motspur Park conveyancing solicitor being on the bank conveyancing panel is not accurate.

Last updated

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