My financial adviser has asked me for my Thamesmead law firm’s panel member for the Nat West conveyancing panel. Can you suggest how I find this out. I have called my local Thamesmead office but they cant find it on their system.

The sensible thing to do is ask for this information from your Thamesmead lawyer . They maintain a central record lender panel numbers.

I am looking for a ground for flat up to £195,000 and identified one close by in Thamesmead I like with amenity areas and station nearby, however it only has 52 remaining years left on the lease. There is not much else in Thamesmead for this price, so just wondered if I would be making a mistake purchasing a lease with such few years left?

Should you need a mortgage the remaining unexpired lease term may be a potential deal breaker. Discount the offer by the amount the lease extension will cost if not already taken into account. If the current proprietor has owned the premises for a minimum of twenty four months you can ask them to commence the lease extension formalities and then assign it to you. You can add 90 years to the existing lease term and have £0 ground rent by law. You should consult your conveyancing solicitor concerning this.

We are a fortnight into a freehold purchase having been directed to conveyancers by the selling agent to handle our conveyancing in Thamesmead. I am am very disappointed with the quality of service. Could you you assist me in finding new conveyancers?

They would have to be really bad to suggest diss instructing them. Has your mortgage been sent? In the event that it has you must inform them of the new contact details and get the offer are re-sent. Your solicitor ideally should be on the mortgage company panel to avoid escalating costs and delays. So that should be your starting point. Our find a solicitor tool will assist you in finding a bank approved conveyancer for your conveyancing in Thamesmead

I am looking at a couple of apartments in Thamesmead which have in the region of 50 years left on the lease term. Do I need to be concerned?

A lease is a legal document that entitles you to use the property for a period of time. As a lease shortens the marketability of the lease reduces and results in it becoming more expensive to extend the lease. For this reason it is advisable to extend the lease term. More often than not it is difficult to sell a property with a short lease because mortgage lenders less inclined to grant a loan on properties of this type. Lease enfranchisement can be a difficult process. We advise that you seek professional assistance from a conveyancer and surveyor with experience in this arena.

I have tried to negotiate informally with with my landlord to extend my lease without any joy. Can the Leasehold Valuation Tribunal adjudicate on such issues? Can you recommend a Thamesmead conveyancing firm to assist?

in cases where there is a absentee freeholder or if there is disagreement about what the lease extension should cost, 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 assess the sum to be paid.

An example of a Lease Extension matter before the tribunal for a Thamesmead property is Various @ Colombus Square in January 2012. the Tribunal calculated the premiums to be paid for new leases for each of the flats in Mariners Walk to be £3822 and the premium to be paid for the new lease of 2 Knights Court to be £4439. This case was in relation to 13 flats. The unexpired term was 76 years.

How do I find the right lawyer for my conveyancing in Thamesmead ?

Option 1 is to ask your friends and family who they used in the past and if they were happy with the service. Second, search the web for conveyancing in Thamesmead. Call two or three from the list and request that they email you their conveyancing charges and discuss your needs with the solicitor who will handle your conveyancing before you commit. Third is to make use of this site to help you find the right solicitors taking into account your unique requirements including location,speed, complexity and who your intended mortgage company is.Do not be fooled by lowest cost conveyancing solicitors in Thamesmead